63 research outputs found

    The relationship between CEO compensation and company performances

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    Recently, CEO (Chief Executive Officer) salaries have attracted the attention of investors, the public, and even the media regarding company performance. This article examines and analyzes the relationship between CEO salary and company performance. Although previous researchers have studied this question, it has mostly been carried out in developed countries such as America and England. Data collection through annual financial reports, the Thompson Data Stream program, and the General Meeting of Shareholders Reports. Thirty companies were used as samples from more than 500 companies listed on the KLSE (Kuala Lumpur Stock Exchange). Sampling used a simple random sampling method to provide equal opportunities in this research. In this research, company performance is measured through ROE (Return on Equity), ROA (Return on Assets), EPS (Earning per Share) Based on annual calculations, and NPM (Net Profit Margin) for six years (2003-2008). Then the data was analyzed through descriptive analysis and Anova regression analysis. The results of this research show that Genting Berhad's highest company salary, during 2008 was the best year to invest for risk-averse investors. During 2003-2007 there was a significant influence between CEO salary and company performance, whereas in 2008 there was no significant influence between salary. CEOs and firm performance

    Exploring Perceptions and Elements of Entrepreneurial Behavior in Pesantren: Understanding Fundamental Concepts of Entrepreneurial Behavior

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    This study aims to analyze the perceptions of understanding, elements, and categories of entrepreneurial behavior important for understanding the basic concepts of Islamic boarding schools' entrepreneurial behavior. This study uses a qualitative approach. The setting of this research is the Riyadlul Jannah Islamic Boarding School because of its uniqueness in developing entrepreneurial behavior. The research design used is a single case study with one unit of analysis, namely members of the pesantren. Key informants were determined purposively, starting from the Board of Trustees of the Islamic Boarding School (Kyai), followed by a snowball method until it reached 30 informants. The research findings show that understanding the meaning of entrepreneurial behavior includes attitudes, lifestyle, and self-confidence to produce economic values that encourage independence. Entrepreneurial behavior includes a series of good deeds (al-amal al-shalih) and noble standards (al-akhlaq al-karimah). The entrepreneurial behavior category consists of personal entrepreneurial behavior, social entrepreneurial behavior, and spiritual entrepreneurial behavior. The basic understanding of Islamic boarding schools' entrepreneurial behavior should be comprehensive, covering all three, namely understanding the meaning, elements, and categories of entrepreneurial behavior.

    Islamic bonds in financial crisis

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    The financial crisis in 2008 is widely viewed as the most serious since the Great Depression. Facing a severe market reaction to the failure of AIG and Lehman Brothers, the US treasury Department put forward a bold and massive program of spending up to $700 billion on purchasing “troubled assets’ from financial institutions. The financial institutions need a finance product that which could decrease the risk borne by financial crisis. The Sukuk (Islamic Bonds) products are asset-backed, stable income, tradable and Syariah compatible trust certificates. Having Sukuk in the portfolio diversifies the holdings which could decrease the risk borne by the financial institutions. The first finding of this research, since Islamic bonds are more stable than conventional bonds and are less affected by the crisis hence many countries (whether Moslem or non Moslem countries) start to prepare to use Islamic bond system. The second finding is Malaysia become the largest Sukuk issuer by three reason, first is The Malaysian government fully support for Islamic financial system, especially for Sukuk, second is Sukuk in Malaysia have high rating provided by RAM ratings’ so both Muslim and non Muslim investors would like to invest in this market and third is Malaysia has a good relationship with Islamic Investor (which prefer to choose Islamic bonds

    Implementation of risk management in murabahah financing at BMT UGT Nusantara Pasuruan

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    Islamic finance is one sector that is experiencing rapid growth in the global financial industry. In its business activities, Islamic finance will certainly be faced with risks related to its function as an intermediary institution. Risk management is needed to handle, identify and manage risks that may occur. Risk management implemented at BMT UGT Nusantara Pasuruan, including risk in Murabahah financing at BMT UGT Nusantara Pasuruan. With a qualitative descriptive research model with a real phenomenon approach in the field, namely at BMT UGT Nusantara Pasuruan. The results of the research discussing the application of risk management at BMT UGT Nusantara Pasuruan include the risk management process for murabahah financing at BMT UGT Nusantara Pasuruan previously with the assistance process, namely by identifying the ability of members to return the financing. Then a risk measurement is carried out by identifying the form and value of the collateral submitted. Then handling risks, which is carried out by BMT UGT Nusantara Pasuruan, namely by rescheduling members who can still be fostered, and finally, by applying the principles of 5C analysis or (character, capacity, capital, collateral, economic condition). The results of this study are expected to provide a broader picture and knowledge for stakeholders in Islamic financial institutions regarding the implementation of murabahah financing risk management and for other researchers can be a contribution of thoughts, insights for readers, and as a reference for further researc

    Integrasi Prinsip Syariah dalam Pengelolaan Modal Kerja dan Keputusan Pembiayaan: Tinjauan Teoritis

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    This study analyzes working capital management and financing in Islamic financial institutions. Working capital management aims to achieve a balance between profit and risk for a positive contribution to firm value. Financing, as a key component, needs to be elaborated to maintain healthy financial performance and reduce risk. This research method is quantitative with a descriptive approach. Financing analysis is based on prudential principles, including 5C and 7A analysis. The results showed that good working capital management improves and controls the liquidity of the company, with a positive impact on financial performance. Effective financing management in Islamic financial institutions is important to maintain financial health and reduce the risk of adverse financing. In conclusion, this study emphasizes the importance of good working capital and financing management in the context of Islamic financial institutions to optimize liquidity and financial performance, and manage risks effectively

    Measuring Performance of Islamic Higher Education Institution as Public Service Agencies Using Balanced Scorecard (BSc) in Syaria Perspective

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    The aim of this research is to measure the performance of Islamic higher education institution as Public Service Agency using Balanced Scorecard (BSc) in Syaria Perspective. This research used qualitative descriptive approach. Data was analyzed in The State Islamic University of Maliki Malang (UIN Maliki Malang) Indonesia by two steps of analysis, first by integrating the BSc in Islamic perspectives which consist of: ) Syaria Financial Perspective (SFP); 2) Syaria Customers Perspective (SCP); 3) Syaria Internal Business Process Perspective (SIBPP) and 4) Syaria Learning and Growth Perspective (SLGP), and second by measuring those integrating perspectives. The result shows that the total score of BSc is 85,68 which drown in dashboard BSc slightly in the dark green area, which is indicate good performance. Result from three perspectives, those are SCP; SIBPP and SLGP shows that the realization beyond the target, which mean the institution performance is well achieving stakeholder and employee satisfaction. Unfortunately from SFP shows that the realization under the target that caused by the financial cash flow dominantly using convensional banking institutions

    The Concept of islamic education to the human quality in islamic universities

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    Best Islamic universities in the world are fascinating to be study their contribution to human civilization. However the recent Islamic University underperform to the glorious earlier period, as for the lack of intellectual moslems, intellectual traditions product and quality standards to solve the education problematic worldwide. The objective of this study is to determine the concept of Islamic education, which imply the best practices of best Islamic universities management in the world. This study uses library research approach with descriptive analysis. The quality of Islamic universities cannot be separated from the concept of Islamic education that develop insan kamil(the perfect man) who has the power of reasoning, mental, physical and spiritual that eventually evolved on strengthening academic-reinforcement to support the concept of insan kamil

    Effect of company size ownership concentration auditor reputation board of commissioners and risk management committee on disclosure of enterprise risk management

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    In the business world, companies are expected to be able to reduce the impact of risks faced by the companies themselves, and one of the aspects is risk management, but in reality, there are still many companies that have not disclosed their risk management in their annual reports, including a financial company. Financial companies are required by the government to report risk disclosure in their financial statements, but in practice, there are still many financial companies that disclose risk voluntarily. The purpose of this study is to assess company size, the concentration of ownership, the reputation of auditors, the board of directors, risk management committee on enterprise management disclosures. The data used is data obtained from the website. www.idx.co.id . Fifty companies were selected using the target sampling method. This survey was conducted from 2017 to 2020, so the data volume for this survey is 200 data. The analytical method used is multiple regression analysis using SPSS version 24, and this study found that the board of directors and the risk management committee influence the company's risk management disclosures. Company size, concentration of ownership, and audit reputation do not affect the disclosure of company risk management

    Risk management in Islamic financial institutions (literature review)

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    In carrying out its duties and functions as a financial services entity, Islamic financial institutions must implement risk management properly, also including legal risk management. This research was conducted with the aim of knowing the legal risk management that must be applied to Islamic financial institutions. The research method used in this study is a literature study of data collection techniques with literature studies obtained from various sources. The findings of this study are that in carrying out their functions, Islamic financial institutions must understand inherent risks, in this risk there are three main factors that must be considered, namely, litigation factors, engagement weakness factors and non-statutory factors. In addition to having to pay attention to these inherent risks, Islamic financial institutions are also required to carry out sharia compliance which is directly supervised by DPS which is under DSN's supervision. This literature study research is expected to provide knowledge and an overview for Islamic financial institutions, especially staff or employees who handle legal risks in Islamic financial institutions

    Risk management strategy for the problem of borrowing money for Islamic commercial banks

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    Despite the fact that Islamic banking has developed significantly over the years, corporate and financial institution risks cannot be separated. There is always a risk when Islamic banks act as financial intermediaries for Indonesian companies. Risk management helps you measure and mitigate risks and find solutions to problems. Bank Syariah Indonesia shows good progress in implementing risk management. The implementation of risk management is generally categorized into eight areas: credit risk, liquidity risk, market risk, operational risk, legal risk, compliance risk, reputation risk and strategic risk. A good implementation of risk management looks like this: Internal control processes and risk management processes must be checked during risk management. Therefore banks need to identify and manage risk management which is part of any banking system. Islamic banks are always faced with risks associated with various and complex transactions
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