ISLAMIC BANK VS CONVENTIONAL BANK: THE DIFFERENCES OF MANAGEMENT COMMUNICATION TO STAKEHOLDERS USING INTERNET FINANCIAL REPORTING

Purpose of the study: This study discusses the differences of Internet Financial Reporting Quality between Islamic Bank and Conventional Bank in Indonesia as a means of banking management communication with their stakeholders. The Internet Financial Reporting quality form assessed by four components based on Internet Financial Reporting Index, which are content, timeliness, technology and user support. Methodology: This study used a quantitative approach with independent sample T-test. The hypothesis testing tool is assisted by SPSS 22 data processing software. The data of this study were collected from the official website for each bank institution, and for the sample that chooses this study used a purposive sampling technique. Main Findings: : There is a significant difference at the 5% significance level between Internet Financial Reporting quality between the two, with the result that conventional bank has better quality than Islamic bank. On the contrary, in the technology and user support component, there are insignificant differences. Applications of this study: The results of this study are useful for several parties involved. First for the stakeholders of the banking industry in Indonesia. Second for banks in Indonesia. Third for regulators, it is expected to be able to provide more detailed regulations. Finally, it gave an opportunity to other researchers for making some further study. Novelty/Originality of this study: This research is the first study that comprehensively compares the quality of Internet Financial Reporting in Islamic and conventional banking institutions. This study also succeeded to find that in management communication to stakeholders using Internet Financial Reporting, Islamic Banks were able to compete with Conventional Banks

BUSINESS NETWORK STRATEGY IN ISLAMIC MICRO FINANCE INSTITUTION OF ISLAMIC BOARDING SCHOOL

Purpose of the study: This study aims to explore the Sidogiri Islamic Boarding School (IBS) that have Islamic Micro Finance Institutions (IMFI) business portraits and strategies to develop the business model. Methodology: The paper using qualitative method using study case. It observation, interview, and review previous study. Main Findings: Pondok Pasentran (PP) Sidogiri has developed business network model that keeps part of social function.  There are three business model that runs by PP Sidogiri; value chain, networking mode, operating model and value preposition . All the business model based on Islamic principles. There are three practical strategies includes the need for integration and awareness related to business models that involve all components of the business network owned by IBS Sidogiri. Implications of the study: This conceptual study highlights practical development strategies for Sidogiri IBS IMFI based on the potential, through business network, management and performance measurement model of PP Sidogiri. Novelty/Originality of this study: The paper suggests development strategies based on the network which involves all components of a large business network owned by PP Sidogiri, including santri, branch madrasa, UGT, alumni and sympathizers who form a unified whole as a business network

PUBLIC DEBT AS A SOURCE OF FINANCING FOR GOVERNMENT EXPENDITURES IN THE PERSPECTIVE OF ISLAMIC SCHOLARS

Purpose of the study: This study aims to examine foreign debt as a source of financing for economic development. This research is expected to provide (1) an overview of debt as a source of funding for state projects, (2) investigate its impacts and (3) offer additional knowledge of its Islamic perspective. Methodology: This research is a qualitative study using the study literature approach. This research is conducted by analysing books, literature, journals, and magazines with themes related to the focus of the discussion on this study. It is expected that the method used can provide insight, general knowledge, and develop the view of Islam in relation to foreign debt. Main Findings: The government has to ensure that the state has the ability to pay off its obligations in the future; guarantee that loans have to be free from interest; prioritize taking loans from internal sources rather than external sources. In Addition, debts are not intended for deferred needs and not taking loans that exceed their needs. Applications of this study: basically the results of this study can be applied to any country that considers the use of public debt, like other Islamic systems. Novelty/Originality of this study: This research is conceptual research in an Islamic perspective. This study successfully examined comprehensively related to the public debt with the Islamic approach

PENGARUH WORK LIFE BALANCE, CAREER DEVELOPMENT DAN COMPENSATION TERHADAP TURNOVER INTENTION MELALUI JOB SATISFACTION SEBAGAI VARIABEL INTERVENING (Studi Kasus Di PT. Bank Syariah Mandiri)

Penelitian ini bertujuan untuk mengetahui pengaruh work life balance, career development, compensation terhadap turnover intention melalui job satisfaction sebagai variabel intervening .Sampel dalam penelitian ini adalah karyawan PT Bank Syariah Mandiri RO V Jawa 2 yang berjumlah 110 responden. Teknik pengambilan sampel dalam penelitian ini adalah dengan purposive sampling yaitu teknik pengambilan sampel sumber data dengan pertimbangan tertentu. Penelitian ini menggunakan metode survei menggunakan kuesioner dalam pengambilan data dan diolah dengan menggunakan smartPLS (Partial Least Squares). Hasil pengujian terhadap hipotesis, menunjukkan bahwa terdapat pengaruh positif work life balance terhadap job satisfaction. Tidak terdapat pengaruh work life balance terhadap turnover intention. Terdapat pengaruh positif compensation terhadap job satisfaction. Tidak terdapat pengaruh compensation terhadap turnover intention. Terdapat pengaruh positif compensation terhadap job satisfaction. Terdapat pengaruh negatif compensation terhadap turnover intention. Terdapat pengaruh negatif job satisfaction terhadap turnover intention. Tidak terdapat pengaruh Work life balance terhadap turnover intention melalui job satisfaction variabel intervening. Tidak terdapat pengaruh career development terhadap turnover intention melalui job satisfaction variabel intervening. Tidak terdapat pengaruh compensation terhadap turnover intention melalui job satisfaction variabel intervenin