Claim Missing Document
Check
Articles

Found 2 Documents
Search

Does The Merger of Large Sharia Bank Work? A Study of Islamic Bank in Indonesia Sopharia, Moza Audina; Purnamasari, Pupung; Wahyuningtyas, Innez Assyffa Andien
International Journal of Emerging Issues in Islamic Studies Vol. 4 No. 1 (2024): July 2024
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/ijeiis.v4i1.2417

Abstract

In 2021, the Indonesian government merged three major state-owned Islamic banks to support the halal industry in the country. Numerous studies have analyzed balance sheet ratios to assess the conditions of Bank Syariah Indonesia (BSI) before and after the merger. However, the reliability of balance sheet ratios is highly contingent on the accounting method employed by companies. Consequently, this study utilizes Economic Value Added (EVA) to measure BSI's financial performance before and after the merger. The primary objective of this research is to test and provide empirical evidence regarding the effectiveness of the EVA approach in demonstrating the economic added value to BSI throughout the merger. Employing a quantitative approach and secondary data from the financial statements of BSI before and after the merger serves as the data source. The findings reveal that the financial performance of BSI before and after the merger provides economic added value to the company and aligns with stakeholder expectations. Notably, research on financial performance using EVA at BSI before and after the merger is scarce, as most studies resort to ratio analysis for this purpose. It is important to acknowledge the limitations of this research, which solely introduces EVA to assess the economic added value in financial statements. Other approaches beyond ratio analysis can be explored to measure the quality of financial statements.
The Effect of Implementing Work Ethics and Islamic Leadership on Employee Performance Lestari, Rini; Nurjaya, Dimas; Wahyuningtyas, Innez Assyffa Andien
International Journal of Entrepreneurship and Sustainability Studies Vol. 3 No. 2 (2023): December 2023
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/ijeass.v3i2.1610

Abstract

The performance of employees in a company is a parameter of success in realizing the vision and mission to achieve the goals of a company. Poor employee performance stems from a lack of implementation of work ethics and leadership. For a Muslim, work ethics and Islamic leadership are matters relating to the actions, attitudes, and attributes that a person performs and considers work as worship for Allah SWT and it is based on the Al-Quran and Hadith to get grace and a better quality of life. The purpose of this study was to determine the influence of the application of Islamic work ethics and Islamic leadership on the performance of employees at the Bandung Islamic University Foundation. The research method used in this study is a survey method with a quantitative approach. The data source used in this study is primary data. The sampling technique in this study is non-probability sampling with a convenience sampling technique. The results of this study state that the Application of Islamic Work Ethics and Islamic Leadership influences Employee Performance.