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The Effect of NPF, FDR, Bank Size and Covid-19 on MSME Financing of Indonesian Sharia Commercial Banks for the 2018-2021 Period Fitri Anisa Nusa Putri; Muhammad Wakhid Musthofa
Al Iqtishod: Jurnal Pemikiran dan Penelitian Ekonomi Islam Vol. 11 No. 2 (2023): Al Iqtishod: Jurnal Pemikiran dan Penelitian Ekonomi Islam
Publisher : Prodi Ekonomi Syariah STAI Al-Azhar Menganti Gresik

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37812/aliqtishod.v11i2.885

Abstract

MSME has a massive contribution to national economic development. In order to expand and strengthen the MSME sector, Islamic Commercial Banks as financial intermediary should consider some of the main factors before distributing their financing to the MSME sector. This study aims to identify and analyze the effect of NPF, FDR, Bank Size, and Covid-19 on MSME Financing at Shariah Rural Banks in Indonesia in the period of 2018-2021 both partially and simultaneously. This study uses a panel data approach where the data needed in this study are from 7 Indonesian Islamic Banks with 112 of total data quarterly. The data was collected from quarterly Islamic bank reports. The results of this study indicate that FDR and Bank Size variables have a positive significant effect on MSMEs Financing at Shariah Rural Banks. Meanwhile, NPF and the dummy variable Covid-19 have no significant effect on MSMEs Financing at Shariah Rural Banks. This study is expected to developing of the grand theory and knowledge on the impact of MSME Financing especially in the Shariah Rural Banks in Indonesia.
The Effect of NPF, FDR, Bank Size and Covid-19 on MSME Financing of Indonesian Sharia Commercial Banks for the 2018-2021 Period Fitri Anisa Nusa Putri; Muhammad Wakhid Musthofa
Al Iqtishod: Jurnal Pemikiran dan Penelitian Ekonomi Islam Vol. 11 No. 2 (2023): Al Iqtishod: Jurnal Pemikiran dan Penelitian Ekonomi Islam
Publisher : Prodi Ekonomi Syariah STAI Al-Azhar Menganti Gresik

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37812/aliqtishod.v11i2.885

Abstract

MSME has a massive contribution to national economic development. In order to expand and strengthen the MSME sector, Islamic Commercial Banks as financial intermediary should consider some of the main factors before distributing their financing to the MSME sector. This study aims to identify and analyze the effect of NPF, FDR, Bank Size, and Covid-19 on MSME Financing at Shariah Rural Banks in Indonesia in the period of 2018-2021 both partially and simultaneously. This study uses a panel data approach where the data needed in this study are from 7 Indonesian Islamic Banks with 112 of total data quarterly. The data was collected from quarterly Islamic bank reports. The results of this study indicate that FDR and Bank Size variables have a positive significant effect on MSMEs Financing at Shariah Rural Banks. Meanwhile, NPF and the dummy variable Covid-19 have no significant effect on MSMEs Financing at Shariah Rural Banks. This study is expected to developing of the grand theory and knowledge on the impact of MSME Financing especially in the Shariah Rural Banks in Indonesia.
Sustainability Performance and Companies Financing: Does Audit Quality Matter? Muhammad Rafiuddin; Fitri Anisa Nusa Putri; Yuan Chen; Slamet Haryono
JASF: Journal of Accounting and Strategic Finance Vol. 7 No. 2 (2024): JASF (Journal of Accounting and Strategic Finance) - December 2024
Publisher : Accounting Department, Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33005/jasf.v7i2.514

Abstract

Public listed companies are increasingly recognizing the importance of corporate social responsibility in their sustainability initiatives. Supporting the stakeholder theory, a commitment for social responsibility activities that reflected by CSR performance as a strategy of firms has created a positive image from stakeholder perceptions. This study examines how corporate social responsibility performance affects companies financing and the role of audit quality. To test the study’s hypotheses, the authors applied linier regressions model on panel data by observing samples of Indonesian Islamic listed companies from 2018 to 2022. The results show that a better CSR performance is associated with lower cost of debt and cost of equity. Moreover, this study also reflect upon the importance of audit quality that proxied by the BIG 4 auditors is found significantly moderates in both cost of debt and cost of equity. Thus, a better corporate social performance with the existence of BIG 4 auditor implies the ability of firms accessing to lower-cost capital by minimized the long term risks. The existence of BIG 4 auditors demonstrated the credibility effective monitoring as a good signals for capital provider or lenders. Our study represents a novelty to enrich the relevant literature on the corporate social responsibility by expanding it towards the role of audit quality on both cost of capital proxies.