Integration of Corporate Governance and Social as a Catalyst for Islamic Banking Financial Performance; Evidence in Indonesia
Corporate governance can be assessed from how the company has been run openly and transparently, to gain public trust in market mechanisms. Islamic banking in Indonesia shows a pattern that social activities are an obligation that must be carried out. Social is a characteristic of Indonesian banking, a financial institution that has implemented the concept of sharia. In this study, the sample used amounted to 132 data on BUS's financial statements for 11 years from 2010-2020. As a result, improved governance, actually led to a decline in financial performance, by the regression value of -0.1682. Meanwhile, the social variable shows that if social performance increases, financial performance also increases by 0.282.
Authors
- Sri Anugrah Natalina (ORCID: https://orcid.org/0000-0002-0170-2413)
- Dijan Novia Saka
- Grahita Chandrarin (ORCID: https://orcid.org/0000-0002-7024-1315)
- Rofik Efendi
- Yuliani Yuliani
- Maxion Sumtaxy
Institutions
- Universitas Merdeka Malang (ID)
Publication Details
- Journal
- Indonesian Journal of Business Analytics
- Published
- 2024-08-23
- DOI
- https://doi.org/10.55927/ijba.v4i4.10233
- Primary Topic
- Islamic Finance and Banking Studies
- Type
- article
- Field-Weighted Citation Impact
- 0.00