25 research outputs found
The Influence of Managerial Style and Implementation of Computer-Based Accounting Information System (CBAIS) on Managerial Performance of Indonesian Sugar Industries
The purpose of this study was to find solutions for problems related to managerial style, implementation of computer-based accounting information system (CBAIS) on managerial performance of indonesian sugar industries. This research was conducted through deductive analysis supported the phenomenon then sought evidence through empirical facts, especially about the influence of managerial style, implementation of computer-based accounting information system (CBAIS) on managerial performance of indonesian sugar industries. This research is descriptive (expalanory research) that explain the causal relationship between certain variables through hypothesis testing. The managerial style of use management accounting information on Indonesian sugar industries is categorized tend to be interactive, which reflects the managers use accounting information management tend to involve regularly and personally the staff and subordinates in decision making activities. The application of computer-based AIS on Indonesian sugar industries is categorized moderate that indicates conditions are not classified as poor or not is also quite good. The results showed that managerial style and implementation of computer-based accounting information system (CBAIS) have a significant effect on managerial performance of indonesian sugar industries. Keywords : Managerial Style, Implementation, Computer Based Accounting Information System (CBAIS), Managerial Performance, Indonesian Sugar Industries
Factors explaining the market discipline of sharia mutual funds from a behavioural finance perspective : a theoretical approach
Purpose: This paper aims to develop propositions about the antecedents of market discipline of Sharia mutual funds. Design/Methodology/Approach: This paper elaborates some scholars, which have applied Theory of Planned Behaviour to predict financial behavior, for developing the propositions. Findings: This paper define market discipline of Sharia mutual funds as withdrawal behaviour that reflects investor sensitivity to excessive risks taken by fund managers from a behavioral perspective, that could be affected by pscyhological and social factors. Practical Implications: This paper proposes certain variables which can be employed as the determinants of market discipline, including Islamic financial literacy, financial risk tolerance, attitude towards withdrawal, subjective norms, perceived behavioural control and withdrawal intentions. Originality/Value: This paper fill a lack of studies which discuss market discipline from the perspective of behavioural finance.peer-reviewe
Pengaruh Deposit Structure Dan Ownership Concentration Terhadap Pengungkapan Islamic Corporate Governance Pada Bank Syariah Di Indonesia Dan Malaysia
This research aims to determine the effect of Deposit Structure and Ownership Structure on the disclosure of Islamic Corporate Governance (ICG). Deposit Structure is proxied by the percentage of the Profit Sharing Investment Account (PSIA) to assets, while Ownership Structure used in this research is Blockholder Ownership and Managerial Ownership. The research uses descriptive and verification method with quantitative analysis approach. The results show that simultaneous Profit Sharing Investment Account, Blockholder Ownership, and Managerial Ownership has significant effect on the disclosure of ICG. Partially, Profit Sharing Investment Account indicates significant positive effect on the disclosure of ICG, Blockholder Ownership shows significant positive effect on the disclosure of ICG, while the Managerial Ownership does not affect the disclosure of ICG
Could the Theory of Planned Behaviour Explain Market Discipline in Sharia Mutual Funds?
A significant number of studies have explored market discipline as indicated by investors or customers being sensitive toward the excessive risks taken by banks. Yet no scholars have sought to review this topic from the behavioural finance perspective. This study defines market discipline as withdrawal behaviour, captured here using the theory of planned behaviour (TPB) as one of the behavioural finance theories. This study aims to determine the psychological and social factors influencing market discipline from a behavioural perspective, by employing the TPB. This study’s sample comprised of 93 academicians who invested in Sharia mutual funds in Greater Jakarta, Indonesia. The results show that the intention to withdraw and perceived behavioural control (PBC) are able to predict the market discipline, while the intention to withdraw from Sharia mutual funds is determined by the subjective norms and PBC. Attitudes towards withdrawal are shown to be insignificant in explaining the intention to withdraw from Sharia mutual funds
Linking Islamic Corporate Social Responsibility, Sharia Governance Practices, and Earnings Management in the Islamic Banks
This paper examines the relationship between corporate social responsibility, sharia governance, and earning management in the Islamic bank industry sector. This study uses secondary data, which is analyzed using a regression panel with a fixed-effect model. Samples were obtained from 48 Islamic banks in 16 countries from 2009 to 2018. The sample criteria in this study are the banks that disclose their zakat payments in their annual reports. The empirical results prove that CSR and SSB expertise contributes significantly to reducing earnings management practices, while SSB size is not significantly influencing earnings management practices. The contribution to policymakers in developing CSR instruments following Sharia principles; Islamic bank manager aligns CSR intentions based on the concept of monotheism to enrich the literature review on CSR, sharia governance, and earning quality
Analysis of The Influence of Liquidity, Credit and Operational Risk, in Indonesian Islamic Bank’s Financing for The Period 2007-2013
The purpose of this paper is to analyze the influence of credit, liquidity and operational risks in six Indonesian’s islamic banking financing products namely mudharabah, musyarakah, murabahah, istishna, ijarah and qardh, in order to try to discover whether or not Indonesian islamic banking is based on the “risk-sharing” system. This paper relies on a fixed effect model test based on the panel data analysis method, focusing on the period from 2007 to 2013. The research is an exploratory and descriptive study of all the Indonesian islamic banks that were operating in 2013. The results of this study show that the Islamic banking system in Indonesia truly has banking products based on “risk-sharing.” We found out that credit, operational and liquidity risks as a whole, have significant influence on mudarabah, musyarakah, murabahah, istishna, ijarah and qardh based financing. There is a correlation between the credit risk and mudarabah based financing, and no causal relationship between the credit risk and musharaka, murabahah, ijarah, istishna and qardh based financing. There is also correlation between the operational risk and mudarabah and murabahah based financing, and no causal relationship between the operational risk and musharaka, istishna, ijarah and qardh based financing. There is correlation between the liquidity risk and istishna based financing, and no causal relationship between the liquidity risk and musharaka, mudarabah, murabahah, ijarah and qardh based financing. A major implication of this study is the fact that there is no causal relationship between the credit risk and musharakah based financing, which is the mode of financing where the islamic bank shares the risk with its clients, but there is an influence of credit risk toward mudarabah mode financing, a financing mode where the Islamic bank bears all the risk. These findings can lead us to conclude that the Indonesian Islamic banking sector is based on the “risk sharing” system
Analisa Efisiensi Relatif Pada PT Bank Syariah X Periode 2018
PT. BSX is the largest Islamic banking in Indonesia. Total assets of 92 trillion in August 2018 and the targets in 2020 are 200 trillion assets. In order to achieve the targets, PT. BSX must improve its overall performance. The performance of a bank can be assessed based on its productivity and by calculating the input and output ratios in order to obtain the relative efficiency measurement. This study aims to determine the level of relative efficiency. This study discusses how the efficiency of branch offices in PT.BSX, this study analyzed 91 branch offices out of 518 branch and sub-branch offices. Data Envelopment Analysis (DEA) was used with analysis units that have full authority or a Decision Making Uni PT BSX. The results of this study shows that the average relative efficiency from January 2018 to August 2018 is 23.6 branch and sub-branch offices, and the highest relative efficiency is 28 branch and sub-branch offices in February 2018 and July 2018. Results of this study are expected to provide information on how the strategies used by branch offices to maintain the level of relative efficiency.Abstrak. PT. BSX merupakan perbankan syariah terbesar di Indonesia dengan total aset sebesar 92 triliun pada Agustus 2018 dan ditargetkan pada 2020 mencapai 200 triliun pada 2020. Oleh sebab itu, seluruh kinerja PT. BSX harus ditingkatkan. Kinerja sebuah bank dapat dinilai dari produktivitas dengan menghitung rasio input dan output sehingga didapatkan ukuran efisiensi relative. Penelitian ini bertujuan untuk mengetahui tingkat efisiensi relative PT. BSX. Penelitian ini menganalisa 91 kantor cabang dari total 518 kantor cabang dan kantor cabang pembantu. Teknik analisis yang digunakan adalah Data Envelopment Analysis (DEA). Penelitian ini membahas mengenai bagaimana tingkat efisiensi kantor cabang yang ada di PT.BSX, hasil penelitian ini menunjukan bahwa efisiensi relatif rata – rata dari mulai bulan Januari 2018 sampai dengan Agustus 2018 sebesar 23.6 kantor cabang dan kantor cabang pembantu, dengan jumlah paling banyak sebesar 28 kantor cabang dan kantor cabang pembantu pada bulan Februari 2018 dan Juli 2018. Hasil penelitian ini diharapkan memberikan informasi mengenai bagaimana strategi yang digunakan oleh kantor cabang untuk menjaga tingkat efiesiensi relatif
Do Risk-Taking and Shariah Governance Have a Relationship with Maqasid Shariah-Based Performance?
This According study examines the characteristics of the shariah supervisory board (SSB), risk-taking and Islamic bank (IB) performance. The maqasid shariah index determines the performance of an IB, and the performance assessment is more comprehensive. This research data analysis uses the dynamic panel regression estimation technique with the generalised two-step moment method to predict the relationship between shariah governance, risk-taking and performance. This study uses IBs financial data from around the world for 2014–2018, which comes from the bank scope database. The empirical results found that risk-taking has positive significance to maqasid shariah, while SSB size, expertise and cross membership have a significant negative relationship to performance. Other variables, such as leverage, are proven to have negative significance to maqasid shariah. The originality of this research is linking maqasid shariah with risk-taking and governance, expanding the sample to include many countries, and robustness checking based on Gulf Cooperation Council and non-GCC member states. The research has implications for stakeholder theory because IBs can accommodate various stakeholder interests. Governance across countries is not uniform, so it is challenging to link specifically to performance
The Urgency of Allignment Islamic Bank to Increasing the Outreach (Indonesia Evidence)
The outreach of Islamic Bank is critical to circulate out of maslahah (beneficiaries) to the community (Ummah) and the implementation of Sharia in totality (Kaffah). Nevertheless, Indonesia as the biggest Muslim in the world should facilitate the Muslim society to access their financial transaction needs based their Islamic law. The study aims to examine the outreach of Islamic Bank in Indonesia. The methodology in this literature review is qualitative that support with quantitative data. Three questions research is going to determine in this study are: (i) How the growth of Islamic Banks from 2008 to 2015? (ii) How many the clients that have sworn out by Islamic Banks? (iii) What is the link between maslahah and the Islamic Bank growth? We founded the outlet and business performance during 2008-2015 of Islamic Bank in Indonesia still behind from Conventional Bank thus to improve the backward we need interaction, integration and evolution process from all stakeholders. Due to achieve the increasing of outreach we also need the role of government in the political will that function to legitimate and enforce the alignment of Islamic Banks (Bank Syariah Mandiri, BNI Syariah, BTN Syariah and BRI Syariah) became one state own Islamic Bank which objective to create social well-being of the community.
Keywords: Outreach, Maslahah, Kaffah, Allignment of Islamic Bank, State Own Islamic Bank, Social Well-being
JEL Classifications: G02, G14, G
PENGARUH LITERASI DAN RELIGIUSITAS TERHADAP INTENSI BERWAKAF PADA CASH WAQF LINKED SUKUK
Penelitian ini bertujuan untuk menguji pengaruh literasi dan religiusitas pada cash waqf linked sukuk (CWLS). Penelitian menggunakan metode kuantitatif dengan alat uji statistik Smart PLS 3.0. Pendekatan penelitian yakni dengan model analisis Structural Equation Modeling (SEM) serta menggunakan data primer yakni kuesioner yang disebarkan kepada masyarakat luas yang beragama Islam dan berusia 17-65 tahun. Hasil penelitian berdasarkan 239 sampel menunjukkan bahwa literasi dan religiusitas mempengaruhi intensi berwakaf pada CWLS signifikan dan positif. Hasil tersebut menunjukan bahwa tingginya literas dan religiusitas masyarakat maka akan meningkatkan intensi dalam berwakaf pada CWLS.
This research aims to examine factors that influence intention to give cash waqf linked sukuk that consists of literacy and religiosity This research uses quantitative methods through SmartPLS 3.0 and SEM (Structural Equation Modeling) analysis model. Data were collected using a questionnaire to all muslim in 17 to 65 years old.The results based on 239 samples indicate that literacy and religiosity positively and significantly affect the intention to give CWLS. These results indicate that the higher literacy and religiosty will increase the intention to give CWLS.