Articles
<![CDATA[PENGARUH INTELLECTUAL CAPITAL DAN ISLAMIC PERFORMANCE INDEX TERHADAP KINERJA BANK UMUM SYARIAH DI INDONESIA ]]>
<![CDATA[Fauziah, Raihani]]>;
<![CDATA[Novianty, Ira]]>;
<![CDATA[Mai, Muhamad Umar]]>
<![CDATA[ NISBAH: Jurnal Perbankan Syariah Vol. 10 No. 1 (2024): NISBAH: Jurnal Perbankan Syariah ]]>
Publisher : <![CDATA[Sharia Banking Study Program, Faculty of Islamic Economics, Djuanda University, Bogor ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.30997/jn.v10i1.13661
<![CDATA[Tujuan dari penelitian ini untuk mengetahui bagaimana pengaruh Intellectual Capital dan Islamic Performance Index terhadap kinerja keuangan Bank Umum Syariah di Indonesia periode 2013-2023. Dunia perbankan yang terus berkembang setiap tahunnya menuntut perbankan syariah untuk bersaing dengan perbankan konvensional. Jumlah nasabah dan pangsa pasar masih didominasi oleh perbankan konvensional, artinya bank syariah harus mampu meningkatkan profitabilitasnya dengan memperhatikan nilai tambah melalui intelektual dan kepatuhan syariah. Analisis ini menggunakan regresi data panel dengan Structural Equation Model Partial Least Square (SEM-PLS), yang diimplementasikan menggunakan software WarpPLS 8.0. Temuan penelitian ini menunjukkan bahwa kinerja Bank Umum Syariah VAIC dipengaruhi positif secara signifikan oleh VAIC. Ketiga indikator yang digunakan dalam mengukur IC VACA mempunyai pengaruh positif yang cukup besar; VAHU dan VACA tidak berpengaruh terhadap ROA. Sedangkan untuk IPI, PSR dan IsIN berpengaruh terhadap ROA, dan ZPR tidak berpengaruh terhadap ROA.]]>
<![CDATA[Sharia Board Characteristics, Macroeconomic Factors, and Non-performing Financing of Indonesian Islamic banks ]]>
<![CDATA[Mai, Muhamad Umar]]>;
<![CDATA[Kristianingsih, Kristianingsih]]>;
<![CDATA[Dahtiah, Neneng]]>
<![CDATA[ Muqtasid: Jurnal Ekonomi dan Perbankan Syariah Vol 14, No 2 (2023): MUQTASID: Jurnal Ekonomi dan Perbankan Syariah ]]>
Publisher : <![CDATA[UIN Salatiga ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.18326/muqtasid.v14i2.148-164
<![CDATA[This study examines the impact of Islamic board characteristics (SB) and macroeconomic factors on the Non-performing financing (NPF) of Islamic commercial banks (ICB). The sample of this study consisted of 14 ICBs in Indonesia from 2010 to 2021. In this study, data estimation used a one-step GMM System model. SB features such as SB Size and SB Woman were found to have a detrimental impact on NPF. GDP per capita, for example, negatively affects NPF, while inflation has a positive impact. However, this study could not show the impact of SB characteristics such as expertise and proximity of SB to NPF. The study also found that macroeconomic factors such as annual open unemployment and interest rates showed an insignificant negative influence on NFP. The findings of this study help regulators, investors, and management of Islamic banks better understand the impact of SB characteristics and macroeconomic factors on Non-performing financing (NPF) of Islamic banks, especially in the context of ICB in Indonesia. In addition, it is expected to inspire similar research in the future.]]>
<![CDATA[Corporate Governance and Audit Report Lag in Non-Financial Companies on the Indonesia Stock Exchange ]]>
<![CDATA[Sudradjat, Sudradjat]]>;
<![CDATA[Mai, Muhamad Umar]]>
<![CDATA[ Journal of Accounting Research, Organization and Economics Vol 5, No 2 (2022): JAROE Vol. 5 No. 2 August 2022 ]]>
Publisher : <![CDATA[Universitas Syiah Kuala ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.24815/jaroe.v5i2.23920
<![CDATA[Purpose This study aims to examine the effect of corporate governance on audit report lag. Corporate governance is proxied by the variable board of directors size, independent board of commissioners, female board of directors, external auditor reputation (Big 4), and audit committee size. The sample of this research is manufacturing companies that are listed consecutively on the Indonesia Stock Exchange during the period 2014 to 2020.Design/Methodology The results of data collection indicate that the sample that meets the criteria is 86 firm-years, or 602 observations. The data analysis method used panel data regression.Results The results showed that the board of directors size, Big 4, and audit committee size had a negative effect on the Audit Report Lag (ARL). Furthermore, the independent board of commissioners has a positive effect on ARL, while the female board of directors has no effect on the Audit Report Lag (ARL).Contribution This research contributes to the development of corporate governance theory in relation to audit report lag. The results of this study can add insight and direction to reduce audit report lag for regulators, management, and investors on the Indonesia Stock Exchange, especially for manufacturing companies.]]>
<![CDATA[Bank-Specific Factors as Determinants of Dividend Yield: Case of the Indonesia Stock Exchange ]]>
<![CDATA[Mai, Muhamad Umar]]>
<![CDATA[ Journal of Accounting Research, Organization and Economics Vol 3, No 3 (2020): JAROE, Vol.3 No.3 December 2020 ]]>
Publisher : <![CDATA[Universitas Syiah Kuala ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.24815/jaroe.v3i3.17928
<![CDATA[Objective The purpose of this study is to observe the impact on dividend yields caused by bank-specific factors of profitability, liquidity, bank size, leverage, and bank growth.Design/methodology This study was conducted on the bank sub-sector of the Indonesia Stock Exchange for the period of 2009-2018, which resulted in 367 bank-year observations. The sample is determined using a purposive sampling method with a criteria of bank that paid dividends hence resulting in 134 bank-year observations. However, to achieve the fit model's goodness, the final sample used was 120 bank-year observations. This paper used OLS Multiple Linear Regression for analyzing data.Results The results show that return on assets and leverage negatively affects dividend yield, and bank size has a positive effect. Meanwhile, growth and liquidity do not affect dividend yield. These results are useful for investors in determining their investment decisions in the banks shares on the Indonesia Stock Exchange and for managers in considering bank-specific factors to meet investors' preferences for dividends.]]>
<![CDATA[Bankruptcy Model Analysis: Comparative Studies Between Sharia and Non Sharia Manufacturing Companies ]]>
<![CDATA[Ruhadi, Ruhadi]]>;
<![CDATA[Mai, Muhammad Umar]]>
<![CDATA[ Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah Vol. 9 No. 2 (2017) ]]>
Publisher : <![CDATA[UNIVERSITAS ISLAM NEGERI SYARIF HIDAYATULLAH JAKARTA ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.15408/aiq.v9i2.4466
<![CDATA[This study aims to find out three important things: first is based on the analysis of three bankruptcy models that Altman, Springate and Zmijewsky, which is the most accurate in predicting the potential bankruptcy of sharia and non sharia, secondly based on the most accurate model, whether sharia companies have a potential bankruptcy smaller than non_sharia. The third is to identify what is the most influential factors to the potential bankcruptcy for both sharia and non sharia companies. Trought the number of 458 unit observations of manufacturing companies and studies performed using Mean Square Error (MSE) and analysis of variance, it was found that the most accurate model in predicting potential bankruptcy is Altman Z_score. Based on this model could be found, statistically significant that a group of sharia has a potential bankruptcy smaller than the non_sharia. Based on the third question, could be found that good corporate governance have positive and significant effect to potential bankcruptcy for the sharia companies, while the rate exchange of rupiah to US dollar has negative and significant effect to ones. Other finding that the only institutional ownwership factor that have positif and significant effect to the potential bankcruptcy of the non sharia companies.DOI: 10.15408/aiq.v9i2.4466]]>
<![CDATA[The Effect of Corporate Social Responsibility Disclosure on the Performance of Islamic Banks in Indonesia ]]>
<![CDATA[Aula, Rahmiatul]]>;
<![CDATA[Sumiyati, Sumiyati]]>;
<![CDATA[Mai, Muhammad Umar]]>
<![CDATA[ Jurnal Manajemen Bisnis Vol. 13 No. 1: March 2022 ]]>
Publisher : <![CDATA[Universitas Muhammadiyah Yogyakarta ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.18196/mb.v13i1.12832
<![CDATA[Research aims: This study intends to inspect the effect of Corporate Social Responsibility Disclosure (CSRD) on performance. CSRD was divided into CSRD-All, CSRD-Economic, CSRD-Environment, and CSRD-Social variables. Performance was proxied by the variables ROA and ROE.Design/Methodology/Approach: The research model was built in path analysis and processed using the Wrap-PLS application.Research findings: The analysis results indicated that CSRD tended to be strongly associated with higher bank performance. It was indicated by a significant positive effect of CSRD-All on ROA and ROE. In addition, it was indicated by the significant positive effect of CSRD-Economic and CSRD-Environment on ROA. This study's results contribute to financial literature, particularly the causal relationship between CSRD and Indonesian Sharia Commercial Banks' performance.Theoretical contribution/ Originality: The study results provide insight and input for the management of Islamic Commercial Banks concerning CSRD activities and performance.Practitioner/Policy implication: The results of this study are supposed to be useful as directions for stakeholders in deciding their investment in Indonesian Sharia Commercial Bank shares.Research limitation/Implication: This research only used CSRD, ROA, and ROE.]]>
<![CDATA[Women's Boards, Women's Ownership, And The Growth Of Indonesian Rural Banks ]]>
<![CDATA[Muhammad Umar Mai]]>;
<![CDATA[Kristianingsih]]>;
<![CDATA[Sudrajat]]>;
<![CDATA[Iwan Setiawan]]>
<![CDATA[ Indonesian Journal of Economics and Management Vol. 6 No. 1 (2025): Indonesian Journal of Economics and Management (November 2025) ]]>
Publisher : <![CDATA[Jurusan Akuntansi Politeknik Negeri Bandung ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.35313/ijem.v6i1.6822
<![CDATA[This study examines the impact of women’s representation in corporate governance—specifically women on the board of commissioners, female board chairs, and women’s ownership—on the growth of rural banks (BPR) in West Java, Indonesia. Using an unbalanced panel dataset of 235 BPRs over the period 2015–2023 (1,968 bank-year observations), this study employs a two-step System Generalized Method of Moments (2SYS-GMM) to address potential endogeneity issues. The results show that female board chairs and women’s ownership have a significant positive effect on BPR asset growth, while the presence of women as board members does not exhibit a significant impact. These findings highlight the differentiated roles of women in governance structures and suggest that leadership position and ownership involvement matter more than mere representation. This study contributes to the corporate governance literature by providing new empirical evidence on the role of women’s ownership and leadership in fostering bank growth in the context of Indonesian rural banks.]]>
<![CDATA[PENGARUH CORPORATE SOSIAL RESPONSIBILITY TERHADAP KINERJA PERUSAHAAN PADA PERUSAHAAN MANUFAKTUR SYARIAH ]]>
<![CDATA[Galuh Raina Nadya]]>;
<![CDATA[Muhamad Umar Mai]]>;
<![CDATA[Setiawan Setiawan]]>
<![CDATA[ Ekonomi & Bisnis Vol 19 No 1 (2020): JURNAL EKONOMI BISNIS VOL 19 NO 1 JUNI 2020 ]]>
Publisher : <![CDATA[Politeknik Negeri Jakarta ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.32722/eb.v19i1.2782
<![CDATA[The purpose of this study is to investigate how the influence of corporate social responsibility towards the corporate performance in general, and the influence of each subject of the corporate social responsibility. Corporate social responsibility is company’s activities in achieving a balance or integrations between the economic, social, and environment development without compromising the expectations of shareholder (obtain profit). In this research corporate performance measured by ROE (return on equity). The samples used in this study are all manufacturing companies enrolled in Indeks Saham Syariah Indonesia listing in 2017 and published the annual report in 2017 by using method of purposive judgement sampling. There are 87 companies that meet the criteria of the study sample. The analysis method used is path analysis. Data collection method used in this research is a method of documentation and literature study method. The results of this study indicate that the disclosure of CSR as in general has a significant effect on the performance of the company with a positive traits. Disclosure of CSR in the economic subject has no significant effect on company performance. Disclosure of CSR in the Environment has a significant effect on the performance of companies with positive traits. Disclosure of CSR in the Social subject has a significant effect on the performance of the company with a positive traits.]]>
<![CDATA[The Effect of Ownership Structure on The Stability of Sharia Commercial Banks in Indonesia ]]>
<![CDATA[Mochamad Rizki Ramdani]]>;
<![CDATA[Marwansyah Marwansyah]]>;
<![CDATA[Muhamad Umar Mai]]>
<![CDATA[ Journal Research of Social Science, Economics, and Management Vol. 6 No. 1 (2026): Journal Research of Social Science, Economics, and Management ]]>
Publisher : <![CDATA[Publikasi Indonesia ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.59141/jrssem.v6i1.1655
<![CDATA[The stability of Islamic banking is a strategic issue considering its role in supporting the national financial system while maintaining compliance with Sharia principles. This article analyzed the effect of ownership structure on the stability of Sharia Commercial Banks (Bank Umum Syariah / BUS) in Indonesia based on the perspectives of agency theory and stakeholder theory. The ownership structures examined included ownership concentration, government ownership, foreign institutional ownership, and domestic institutional ownership, with the capital structure proxied by the Debt-to-Equity Ratio (DER) as a control variable. Bank stability was measured using the Z-score indicator. This study employed a descriptive quantitative approach with panel data regression analysis using annual data from Sharia Commercial Banks registered with the Financial Services Authority (Otoritas Jasa Keuangan / OJK) during the 2015–2024 period. The census sampling technique resulted in 92 observations from 12 banks. The random-effects model regression results showed that government ownership and domestic institutional ownership had positive and significant effects on BUS stability, while ownership concentration, foreign institutional ownership, and DER had no significant effects. Domestic institutional ownership was identified as the most dominant variable influencing bank stability. These findings indicated that the stability of Islamic banking in Indonesia was more strongly determined by the effectiveness of internal oversight, corporate governance practices, and the long-term orientation of domestic investors rather than by foreign ownership or the degree of ownership concentration.]]>
<![CDATA[The Influence of P2P Lending and Macroeconomic Indicators on MSME Financing Growth at Islamic Rural Banks in Indonesia ]]>
<![CDATA[Azizah Nur]]>;
<![CDATA[Muhammad Umar Mai]]>;
<![CDATA[Moch. Edman Syarief]]>;
<![CDATA[Hani Kustyanti Kusnadi]]>;
<![CDATA[Sumiyati Sumiyati]]>
<![CDATA[ Journal of Applied Islamic Economics and Finance Vol. 6 No. 2 (2026): Journal of Applied Islamic Economics and Finance (February 2026) ]]>
Publisher : <![CDATA[Jurusan Akuntansi Politeknik Negeri Bandung ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.35313/jaief.v6i2.7220
<![CDATA[This study investigates the influence of Peer-to-Peer (P2P) lending and macroeconomic indicators—specifically inflation and BI Rate—on the growth of MSME financing at Islamic Rural Banks (BPRS) in Indonesia from 2014 to 2023. Using monthly secondary data and applying the Error Correction Model (ECM), the analysis captures both short-term and long-term dynamics. The findings reveal that P2P lending has no significant effect in the short term but shows a negative and significant impact in the long term, indicating potential substitution for Islamic Rural Banks. Inflation and BI Rate do not significantly influence financing growth in the short term but have a positive and significant effect in the long term. Control variables such as Firm Size and Non-Performing Financing (NPF) also demonstrate long-term impacts. These results offer theoretical insights into fintech disruption and macroeconomic dynamics and provide practical recommendations for Islamic Rural Banks in strengthening their digital competitiveness and risk management strategies.]]>
