Unveiling the Link Between Islamic Governance Practices and CSR Disclosure in Islamic Financial Institutions
(1) Universitas Muhammadiyah Purwokerto
(2) Universitas Muhammadiyah Purwokerto
(3) Universitas Muhammadiyah Purwokerto
(4) Universitas Muhammadiyah Purwokerto
(5) Universitas Muhammadiyah Purwokerto
(*) Corresponding Author
Abstract
This research aims to determine the impact of Islamic Corporate Social Responsibility disclosure by considering the proportion of audit quality, number of DPS meetings, and level of implementation of Islamic Corporate Governance. The population in this research is Sharia Banking registered with the Financial Services Authority in 2018-2022. Using a purposive sampling approach, the sample includes all items required in each variable. Then an analysis and hypothesis testing approach was carried out using panel data regression analysis using Stata 17. There were 4 stages of testing, namely descriptive statistical tests, preliminary tests, diagnostic tests, and hypothesis tests. First, the descriptive statistical test, then the preliminary tests are namely the Chow test, the Breusch and Pagan Lagrange tests, and the Hausman test which is used to identify the model. Next, in the third stage of testing, diagnostic tests are carried out through heteroscedasticity and autocorrelation tests and finally hypothesis testing. The results of audit quality testing obtained a significance value of 0.02 and testing of Islamic Corporate Governance was 0.736. This shows that the audit quality and Islamic Corporate Governance variables have no effect on Islamic Social Reporting. However, the research results on the variables of sharia supervisory board meetings have a significance value of 0.104 and a positive coefficient value. This shows that sharia supervisory board meetings have a positive influence on Islamic corporate governance. Stakeholders have basic desires and implement accountability mechanisms to ensure good monitoring, audit quality and reporting in order to help achieve organizational goals. However, self-introduction with the organization cannot prove commitment to better sharia principles. This research also provides insight into indicators that need to be applied to sharia banking and in accordance with Islamic principles in sharia banking management
Keywords : Audit Quality, Number of SSB Meetings, ICG, Islamic CSR Disclosure, Sharia Bank
Keywords
References
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