Disclosure of Islamic Social Reporting in Sharia Banks: Case of Indonesia and Malaysia

Marita Kusuma Wardani, Dea Devita Sari

Abstract


This study aims to analyze the effect of profitability, leverage, the board of Commissioners and the number of sharia supervisory board of the Islamic Social Reporting (ISR) Islamic banks in Indonesia and Malaysia during the period 2014-2016. The dependent variable in this study is Islamic Social Reporting. While the independent variable is profitability, leverage, the board of Commissioners and the number of sharia supervisory board. The population in this study includes all Islamic banks. Samples were selected using a purposive sampling method and acquired 12 units of Islamic banks in Indonesia and 15 units of Islamic banks in Malaysia. Analysis of the data to test the hypothesis used multiple regression (OLS). The results showed that the profitability of significant positive effect on the disclosure of ISR in Islamic banks in Indonesia, but not with Islamic banks in Malaysia. The study also produced findings that the Board of Commissioners of significant positive effect on the disclosure of ISR in both countries. Furthermore, leverage and the number of sharia supervisory boards do not significantly affect the ISR.


Full Text:

PDF

References


AAOIFI. 2010. Accounting an Auditing Organization for Islamic Financial Institutions (AAOIFI). Accounting Auditing and Governance Standards for Islamic Institutions. www.aaoifi.com.

Anggraini, R. 2006. Pengungkapan Informasi Sosial dalam Laporan Keuangan Tahunan (Studi Empiris pada Perusahaan-Perusahaan yang Terdaftar Bursa Efek Jakarta). Simposium Nasional Akuntansi IX, Padang.

Baydoun, N and Willet, R. 2000. Islamic Corporate Report, ABACUS, 36 (1), pp.71-90.

Belkaoui, Ahmad & Karpik, Philip G. 1989. “Determinants of the Corporate Decision to Disclose Social Information”. Accounting Auditing & Accountability Journal, Vol. 2 Issue: 1

Choi, Frederick D.S dan Gerhard G. Mueller. 1997. Akuntansi Internasioanl. 1st Edition. Jakarta: Salemba Empat.

El-Halaby, Sheriff and Khaled Hussainey. 2015. The Determinants of Social Accountability Disclosure: Evidence from Islamic Bank Around the World. International Journal Business, 20 (3), ISSN 1083-4346.

El-Halaby, Sherif. 2016. Determinant of Compliance with AAOIFI Standards by Islamic Banks. International Journal of Islamic and Middle Eastern Finance and Management, Vol.9, Iss 1 pp.

Farook, Sayd. 2011. Determinants of Corporate Social Responsibility Disclosure: the Case of Islamic Bank. Journal of Islamic Accounting and Business Research, Vol.2 no.2.

Febriani, Rizky Nia dan Arif Lukman Santoso. 2014. Corporate Governance dan Kualitas Laba Bank Umum Syariah di Indonesia Tahun 2007-2012. Paper was presented in Koferensi Ilmiah Akuntansi 2. Universitas Pembangunan Nasional Veteran Jakarta.

Firmansyah, I. 2013. Tanggung Jawab Sosial Perbankan Syariah: Suatu Kajian dalam Pengungkapan Laporan Tahunan Menurut Pandangan Islam (Studi di Indonesia dan Malaysia). Bandung: Mujahid Press.

Firmansyah, I. 2014. ISR sebagai Proksi Pengungkapan CSR Bank Muamalat Indonesia dan Bank Syariah Mandiri. Jurnal Ilmiah ESAI, Vol.8, No. 1, 1–11.

Fitria, S., Hartanti, D. 2010. Islam dan Tanggung Jawab Sosial: Studi Perbandingan Pengungkapan Berdasarkan Global Reporting Initiative Indeks dan Islamic Social Reporting Indeks. Simposium Nasional Akuntasi XII, Purwokerto.

Gray. R.H., Owen, D. dan Adam, C. 1996. Accounting dan Accountability: Changes and Challenges in Incorporate Social and Environmental Reporting. London: Prentice Hall.

Haniffa, R. 2002. Social Reporting Disclosure: an Islamic Perspective. Indonesian Management and Accounting Research. I.128-146.

Hackston, David dan Markus J Milne. 1996. Some Determinant of social and environmental disclosures in new zealand companies. Accounting Auditing and Accpuntability Journal, Vol. 9, No. 1, pp 77-108.

Hassan, Abul and Sofyan Syafri Harahap. 2015. Exploring Corporate Social Responsibility Disclosure: The Case of Islamic Bank. International journal of Islamic and middle eastern finance management, vol. 3, Iss 3pp.203-227.

Heinze, D. C. 1976. Financial Correlates of a Social Invoivement Measure. Akron Business and Economic Review, 7(1), pp 48-51.

Karim, R. A. A. 1999. Accounting in Islamic Financial Institutions. Accounting and Business Magazines. July/Agustus 1999.

Khoirudin. 2013. Corporate Governance dan Pengungkapan Islamic Social Reporting pada Perbankan Syariah di Indonesia. Accounting Analysis Journal.vol 2, no 2, ISSN 2252-6765

Maali, B., Casson,P., dan Napier, C. 2006. Social Reporting by Islamic Bank. ABACUS, vol.42,No.2, 266-289.

Marharani, Amanda Kyka dan Yulianto, Agung. 2016. Faktor-Faktor yang Mempengaruhi Tingkat Islamic Social Reporting pada Bank Syariah. Accounting Analysis Journal jilid 5 terbit 1.

Mansur, S. 2012. Pelaporan Corporate Social Responsibility Perbankan Syariah dalam Perspektif Shariah Enterprise Theory (Studi Kasus pada Laporan Tahunan PT. Bank Syariah Mandiri). Jurnal Ekonomi dan Hukum Islam, Vol.2, No.2, 107-133.

Othman, R., A. Md. Thani, E.K. Ghani. 2009. Determinants of Islamic Social Reporting Among Top Shariah-Approved Companies in Bursa Malaysia. Research Journal of International Studies, Vol. 12.

Ramadhani, Ieman Aji. 2016. Pengaruh Pengungkapan Sustainability Report terhadap Nilai Perusahaan dengan Profitabilitas sebagai Moderasi (Studi Kasus pada Perusahaan High-Profile Go Public yang Mempublikasikan Sustainability Report pada Tahun 2009-2012). Journal Economic Brawijaya, vol. 4, no. 2.

Sharani, U.M. 2004. “Corporate Social Responsibility Underlines Values Propagated by Islam”. Bernama. Kuala Lumpur, June 21, p. 1.

Sembiring, E. R. 2005. Karakteristik Perusahaan dan Pengungkapan Tanggung Jawab Sosial: Studi Empiris pada Perusahaan yang Tercatat di Bursa Efek Jakarta. Simposium Nasional Akuntansi VIII, Solo, September 15-16.

Taufik, Widianti, Marlina dan Rofiqoh. 2015. Pengaruh Islamic Social Governance Score, Leverage, dan Profitabilitas terhadap Islamic Social Reporting Index pada Bank Umum Syariah di Indonesia. Jurnal Manajemen dan Bisnis Sriwijaya, Juni, vol. 13 No. 2.

Triyuwono, I. 2012. Perspektif, Metodologi dan Teori Akuntansi Syariah. Jakarta: Rajawali Pers.

Wahyuni, Tri dan Puji Harto. 2012. Analisis Pengaruh Corporate Governance dan Karakteristik Perusahaan terhadap Keberadaan Komite Manajemen Risiko (Studi Kasus pada Perusahaan yang Listing di BEI periode 2008-2010. Diponegoro Journal Of Accounting. Volume 1, nomor 2, tahun 2012, halaman 1-12.

Widiawati, Septi dan Surya Raharja. 2012. Analisis Faktor-Faktor yang Mempengaruhi Islamic Social Reporting Perusahaan-Perusahaan yang Terdapat pada Daftar Efek Syariah Tahun 2009-2011. Diponegoro Journal of Accounting. Volume 1, nomor 2, tahun 2012, halaman 1-15.

Yunus, k. 2004. “Investment in Islamic Fund soars”. Business Times. Kuala Lumpur, June 23, p. 2.

Yusuf, M.Y dan Z, Bahari. 2012. Corporate Social Responsibility in Islamic Banking Forward Poversty alleviation. Paper was presented in 8th International Conference on Islamic Economics and Finance.




DOI: https://doi.org/10.22515/jfib.v1i2.1495

Refbacks

  • There are currently no refbacks.