The Influence of Corporate Governance on the Performance of Islamic Banking Companies in Indonesia
DOI:
https://doi.org/10.29040/jiei.v8i3.6119Keywords:
Corporate Governance, Firm Performance, Islamic BankingAbstract
References
Agatha, B. R., Nurlaela, S., & Samrotun, Y. C. (2020). Kepemilikan manajerial, institusional, dewan komisaris independen, komite audit dan kinerja keuangan perusahaan food and beverage. E-Jurnal Akuntansi, 30(7), 1811–1826. https://doi.org/10.24843/eja.2020.v30.i07.p15
Al-Okaily, J., & Naueihed, S. (2020). Audit committee effectiveness and family firms: impact on performance. Management Decision, 58(6), 1021–1034. https://doi.org/10.1108/MD-04-2018-0422
Ali, A., Alim, W., Ahmed, J., & Nisar, S. (2022). Yoke of corporate governance and firm performance: A study of listed firms in pakistan. Indian Journal of Commerce & Management Studies, XIII(1), 08. https://doi.org/10.18843/ijcms/v13i1/02
Ali, S., Fei, G., Ali, Z., & Hussain, F. (2021). Corporate governance and firm performance: Evidence from listed firms of Pakistan. Journal on Innovation and Sustainability RISUS, 12(1), 170–187. https://doi.org/10.23925/2179-3565.2021v12i1p170-187
Alqatamin, R. M. (2018). Audit committee effectiveness and company performance: Evidence from Jordan. Accounting and Finance Research, 7(2), 48. https://doi.org/10.5430/afr.v7n2p48
Anaima, N., & Trisnaningsih, S. (2021). Pengaruh mekanisme corporate governance terhadap kinerja keuangan dengan ukuran perusahaan sebagai variabel kontrol. Jurnal Ilmiah Ekonomi Global Masa Kini, 12(02), 83–90. https://www.ejurnal.bunghatta.ac.id/index.php/JFEK/article/view/15030
Apriliani, M. T., & Dewayanto, T. (2018). Pengaruh tata kelola perusahaan dan ukuran perusahaan terhadap kinerja keuangan perusahaan. Diponegoro Journal of Accounting, 7(1), 1–10.
Ardhanareswari, R. (2017). Pelaksanaan dan pengungkapan good corporate pada bank umum syariah. 2(1), 66–78.
Arora, A., & Sharma, C. (2016). Corporate governance and firm performance in developing countries: evidence from India. Corporate Governance (Bingley), 16(2), 420–436. https://doi.org/10.1108/CG-01-2016-0018
Ashari, S., & Krismiaji, K. (2020). Audit committee characteristics and financial performance: Indonesian evidence. Equity, 22(2), 139. https://doi.org/10.34209/equ.v22i2.1326
Aslam, E., & Haron, R. (2020). Does corporate governance affect the performance of Islamic banks? New insight into Islamic countries. Corporate Governance (Bingley), 20(6), 1073–1090. https://doi.org/10.1108/CG-11-2019-0350
Ayuningtyas, E., Titisari, K., & Nurlaela, S. (2020). Pengaruh good corporate governance terhadap kinerja perusahaan pada bank go public di BEI tahun 2014-2018. Jurnal Akuntansi, 4(1), 14–21.
Azizah, N. Z., & Diana, A. L. (2020). Pengaruh independensi, ukuran komite audit, kompetensi, dan frekuensi pertemuan terhadap manajemen laba pada perusahaan manufaktur yang terdaftar di BEI periode 2015-2019. Jurnal Penelitian Ekonomi Dan Bisnis, I(1), 1–28.
Bagais, O. A., & Aljaaidi, K. S. (2020). Corporate governance attributes and firm performance in Saudi Arabia. Accounting, 6(6), 931–936. https://doi.org/10.5267/j.ac.2020.8.005
Balios, D., & Zaroulea, T. (2021). Corporate governance, internal audit and profitability: Evidence from P.I.G.S. countries. IBIMA Business Review. https://doi.org/10.5171/2020.668702
Bansal, N., & Sharma, A. K. (2016). Audit committee, corporate governance and firm performance: Empirical evidence from India. International Journal of Economics and Finance, 8(3), 103. https://doi.org/10.5539/ijef.v8n3p103
Basiruddin, R., & Ahmed, H. (2020). Corporate governance and Shariah non-compliant risk in Islamic banks: evidence from Southeast Asia. Corporate Governance (Bingley), 20(2), 240–262. https://doi.org/10.1108/CG-05-2019-0138
Buallay, A., & Al-Ajmi, J. (2020). The role of audit committee attributes in corporate sustainability reporting: Evidence from banks in the gulf cooperation council. Journal of Applied Accounting Research, 21(2), 249–264. https://doi.org/10.1108/JAAR-06-2018-0085
Budiyono, Muhammad Tho’in, Dewi Muliasari, Serly Andini Restu Putri. (2021). An Analysis of Customer Satisfaction Levels in Islamic Banks Based on Marketing Mix as a Measurement Tool. Annals of the Romanian Society for Cell Biology, 2004–2012. Retrieved from https://www.annalsofrscb.ro/index.php/journal/article/view/318
Cooper, D. R., & Schindler, P. S. (2014). Business Research Methods.
Dakhlallh, M. M., Rashid, N., Abdullah, W. A. W., & Al-Shehab, H. J. (2020). Audit committee and Tobin’s Q as a measure of firm performance among Jordanian companies. Journal of Advanced Research in Dynamical and Control Systems, 12(1), 28–41. https://doi.org/10.5373/JARDCS/V12I1/20201005
Darko, J., Aribi, Z. A., & Uzonwanne, G. C. (2016). Corporate governance: the impact of director and board structure, ownership structure and corporate control on the performance of listed companies on the Ghana stock exchange. Corporate Governance (Bingley), 16(2), 259–277. https://doi.org/10.1108/CG-11-2014-0133
Ekadjaja, A., Wijaya, A., & Vernetta. (2021). Factors affecting firm performance in manufacturing companies in Indonesia stock exchange. Jurnal Akuntansi, 25(1), 154–167. https://doi.org/10.24912/ja.v25i1.730
Fariha, R., Hossain, M. M., & Ghosh, R. (2022). Board characteristics, audit committee attributes and firm performance: Empirical evidence from emerging economy. Asian Journal of Accounting Research, 7(1), 84–96. https://doi.org/10.1108/AJAR-11-2020-0115
Farooque, O. Al, Buachoom, W., & Sun, L. (2019). Board, audit committee, ownership and financial performance – emerging trends from Thailand. January 2020. https://doi.org/10.1108/PAR-10-2018-0079
Fernando, W. N. S., & Weligamage, S. S. (2021). Impact of board structure characteristics on financial performance: Evidence from selected listed companies in Colombo Stock exchange. Journal of Business and Technology, 5(2), 39. https://doi.org/10.4038/jbt.v5i2.32
Fujianti, L., Hubbansyah, A. K., Siswono, S., & Sinaga, L. (2020). The effect of profitability, leverage, institutional pwnership, managerial ownership, and dividend policy on firm value: The Indonesia stock exchange Cases. Journal of Global Business and …, 1(December), 40–54. http://journal.univpancasila.ac.id/index.php/INQUISITIVE/article/view/1860
Gie, E. (2019). Corporate governance dan pengaruhnya terhadap kinerja keuangan perusahaan. Jurnal Ekonomi Dan Bisnis Islam, 4(2), 183–199. https://doi.org/10.32505/v4i2.1258
Hapsari, A. A. (2017). Pengaruh tata kelola perusahaan terhadap manajemen risiko pada perbankan Indonesia. Jurnal Muara Ilmu Ekonomi Dan Bisnis, 1(2), 1–10. https://doi.org/10.24912/jmieb.v1i2.936
Harahap, S. H. (2021). Analysis of the impact of managerial ownership, institutional ownership, firm size, leverage, profitability and sales growth toward earnings management in manufacturing companies listed on IDX in the 2015-2019 period. International Journal of Research Publications, 69(1), 273–286. https://doi.org/10.47119/ijrp100691120211678
Hartati, N. (2020). Pengaruh ukuran dewan komisaris, komite audit dan kepemilikan institusional terhadap kinerja keuangan perusahaan. EKOMABIS: Jurnal Ekonomi Manajemen Bisnis, 1(02), 175–184. https://doi.org/10.37366/ekomabis.v1i02.72
Hasanudin, Nurwulandari, A., Adnyana, I. M., & Loviana, N. (2020). The effect of ownership and financial performance on firvalue of oil and gas mining companies in Indonesia. International Journal of Energy Economics and Policy, 10(5), 103–109. https://doi.org/10.32479/ijeep.9567
Hermiyetti, & Erlinda, K. (2016). Analisis pengaruh kepemilikan manajerial, kepemilikan institusional, kepemilikan asing, dan komite audit terhadap transfer pricing. Media Riset Akuntansi, Vol 6, 1–19.
Hertina, D., Hidayat, M. B. H., & Deningtyas, F. (2021). Kinerja perusahaan pengaruh dari struktur modal, profitabilitas dan ukuran perusahaan. Journal of Management : Small and Medium Enterprises (SMEs), 14(1), 77–86. https://doi.org/10.35508/jom.v14i1.3798
Hung, C. V., Vinh, T. P., & Thai, B. D. (2021). The impact of firm size on the performance of Vietnamese private enterprises: A case study. Problems and Perspectives in Management, 19(2), 243–250. https://doi.org/10.21511/ppm.19(2).2021.20
Iin Emy Prastiwi., Anik. 2020. The Impact of Credit Diversification on Credit Risk and Performance of Indonesian Banks. Jurnal GRIEB: Global Review of Islamic Economics and Business. Vol 8, No. 1, hlm 13-21
Irma, A. D. A. (2019). Pengaruh komisaris, Komite audit, struktur kepemilikan, size, dan leverage terhadap kinerja keuangan perusahaan properti, perumahan dan konstruksi 2013-2017. Jurnal Ilmu Manajemen, 7(3), 697–712. https://scholar.google.com/
Iswajuni, I., Manasikana, A., & Soetedjo, S. (2018). The effect of enterprise risk management (ERM) on firm value in manufacturing companies listed on Indonesian Stock exchange year 2010-2013. Asian Journal of Accounting Research, 3(2), 224–235. https://doi.org/10.1108/AJAR-06-2018-0006
Juhmani, O. (2017). Audit committee characteristics and earnings management: The sase of Bahrain. International Journal of Accounting and Financial Reporting, 7(1), 12. https://doi.org/10.5296/ijafr.v7i1.10447
Kanakriyah, R. (2021). The impact of board of directors’ characteristics on firm performance: A case study in Jordan. Journal of Asian Finance, Economics and Business, 8(3), 341–350. https://doi.org/10.13106/jafeb.2021.vol8.no3.0341
Kao, M., Hodgkinson, L., & Jaafar, A. (2018). Ownership structure, board of directors and fi rm performance : evidence from Taiwan. The International Journal of Business in Society. https://doi.org/10.1108/CG-04-2018-0144
Khan, I., & Zahid, S. N. (2020). The impact of Shari’ah and corporate governance on Islamic banks performance: evidence from Asia. International Journal of Islamic and Middle Eastern Finance and Management, 13(3), 483–501. https://doi.org/10.1108/IMEFM-01-2019-0003
Khatib, S. F. A., & Nour, A. N. I. (2021). The impact of corporate governance on firm performance during The COVID-19 pandemic: Evidence from Malaysia. Journal of Asian Finance, Economics and Business, 8(2), 943–952. https://doi.org/10.13106/jafeb.2021.vol8.no2.0943
Koji, K., Adhikary, B. K., & Tram, L. (2020). Corporate governance and firm performance: A comparative analysis between listed family and non-family firms in Japan. Journal of Risk and Financial Management, 13(9), 215. https://doi.org/10.3390/jrfm13090215
Kuncová, M., Hedija, V., & Fiala, R. (2016). Firm size as a determinant of firm performance: The case of swine raising. VIII(3), 77–89. https://doi.org/10.7160/aol.2016.080308.Introduction
Kyere, M., & Ausloos, M. (2021). Corporate governance and firms financial performance in the United Kingdom. International Journal of Finance and Economics, 26(2), 1871–1885. https://doi.org/10.1002/ijfe.1883
L. M. S. Kristiyanti. (2021). The Implementation of Good Corporate Governance, Village Apparatus Performance, Organizational Culture, andIts Effects Against Village Fund Management Accountability (Case Study of Tulung District, Klaten Regency). Annals of the Romanian Society for Cell Biology, 1985–1996. Retrieved from http://www.annalsofrscb.ro/index.php/journal/article/view/316
Malik, M. S., & Makhdoom, D. D. (2016). Does corporate governance beget firm performance in Fortune Global 500 companies? https://doi.org/10.1108/CG-12-2015-0156
Marsha, F., & Ghozali, I. (2017). Pengaruh ukuran komite audit, audit eksternal, jumlah rapat komite audit, jumlah rapat dewan komisaris dan kepemilikan institusional terhadap manajemen laba (studi empiris perusahaan manufaktur yang terdaftar di BEI tahun 2012-2014). Diponegoro Journal of Economics, 6(2), 91–102.
Merendino, A., & Melville, R. (2019). The board of directors and firm performance: empirical evidence from listed companies. The International Journal of Business in Society, 19(3), 508–551. https://doi.org/10.1108/CG-06-2018-0211
Mohammed, B. H., Flayyih, H. H., Mohammed, Y. N., & Abbood, H. Q. (2019). The effect of audit committee characteristics and firm financial performance: An empirical study on listed companies in Iraq stock exchange. Journal of Engineering and Applied Sciences, 14(14), 4919–4926. https://doi.org/10.36478/jeasci.2019.4919.4926
Nawaz, T. (2017). Momentum investment strategies, corporate governance and firm performance: An analysis of Islamic banks. The International Journal of Business in Society, 17(2), 192–211. https://doi.org/10.1108/CG-03-2016-0052
Ngo, D. N. P., & Le, A. T. H. (2021). Relationship between the audit committee and earning management in listed companies in Vietnam. Journal of Asian Finance, Economics and Business, 8(2), 135–142. https://doi.org/10.13106/jafeb.2021.vol8.no2.0135
Nilayanti, M., & Suaryana, I. G. N. A. (2019). Pengaruh kepemilikan manajerial dan kepemilikan institusional terhadap kinerja keuangan perusahaan dengan kebijakan deviden sebagai pemoderasi. E-Jurnal Akuntansi Universitas Udayana, 26, 906–936.
Novitasari, T., Hisamuddin, N., & Maharani, B. (2019). Pengaruh tata kelola perusahaan dan kualitas auditor terhadap manajemen laba pada bank umum syariah di Indonesia. Jurnal Ekonomi Akuntansi Dan Manajemen, 18(2), 85. https://doi.org/10.19184/jeam.v18i2.12410
Oroud, Y. (2019). The effect of audit committee characteristics on the profitability: Panel data evidence. International Journal of Economics and Finance, 11(4), 104. https://doi.org/10.5539/ijef.v11n4p104
Pintea, M. O., Pop, A. M., Gavriletea, M. D., & Sechel, I. C. (2020). Corporate governance and financial performance: evidence from Romania. Journal of Economic Studies. https://doi.org/10.1108/JES-07-2020-0319
Pratomo, D., & Nuraulia, A. N. (2021). Pengaruh kepemilikan institusional, kepemilikan manajerial dan konsentrasi kepemilikan terhadap persistensi laba. Jurnal Bisnis Dan Akuntansi, 23(1), 13–22.
Prayanthi, I., & Laurens, C. N. (2020). Effect of board of director, independent commissioners, and committee audit on financial performance in the food and beverage sector. Klabat Journal of Management, 1(1), 66–89.
Putri, I. D. R., Waharini, F. M., & Purwantini, A. H. (2020). Pengaruh gender, usia, dan kebangsaan asing terhadap kinerja Keuangan perusahaan. ACEMO│Accounting and Economic Journal, 1(1), 17–30. https://journal.feb.unipa.ac.id/index.php/acemo
Queiri, A., Madbouly, A., Reyad, S., & Dwaikat, N. (2021). Corporate governance, ownership structure and firms’ financial performance: insights from Muscat securities market (MSM30). Journal of Financial Reporting and Accounting, 19(4), 640–665. https://doi.org/10.1108/JFRA-05-2020-0130
Rahman, M. M., Meah, M. R., & Chaudhory, N. U. (2019). The impact of audit characteristics on firm performance: An empirical study from an emerging economy. Journal of Asian Finance, Economics and Business, 6(1), 59–69. https://doi.org/10.13106/jafeb.2019.vol6.no1.59
Risna, L. G., & Putra, R. A. K. (2021). The effect of company size and leverage on company financial performance in automotive companies and components listed on the idx. Procuratio: Jurnal Ilmiah Manajemen, 9(2), 141–155.
Rivai, Y., & Putra, F. E. (2021). Managerial ownership, institusional ownership, audit quality, and corporate social responsibility and financial performance (return on assets). LUCRUM : Jurnal Bisnis Terapan, 1(1), 173–188.
Rosikah, Prananingrum, D. K., Muthalib, D. A., Azis, M. I., & Rohansyah, M. (2018). Effects of return on asset, return on equity, earning per share on corporate value. The International Journal of Engineering and Science (IJES), 7(3), 6–14. https://doi.org/10.9790/1813-0703010614
Rossi, M. (2016). The impact of age on firm performance: A literature review. Corporate Ownership and Control, 13(2), 217–223. https://doi.org/10.22495/cocv13i2c1p3
Saputri, D. R., & Bahri, S. (2021). The fffect of leverage, profitability, and dividend policy on firm value. International Journal of Educational Research & Social Sciences, 2(6), 1316–1324. https://doi.org/10.51601/ijersc.v2i6.223
Sehrawat, N. K., Singh, S., & Kumar, A. (2020). Does corporate governance affect financial performance of firms? A large sample evidence from India. Business Strategy and Development, 3(4), 615–625. https://doi.org/10.1002/bsd2.126
Shao, L. (2018). Dynamic study of corporate governance structure and fi rm performance in China Evidence from 2001-2015. Chinese Management Studies. https://doi.org/10.1108/CMS-08-2017-0217
Shatnawi, S. A., Eldaia, M., Marei, A., & Aaraj, S. AL. (2021). The relationship between audit committee characteristics on accounting-based performance (ROA and ROE) as a measure of performance evidence from Jordan. International Journal of Business and Digital Economy, 2(2), 15–27. https://doi.org/10.2139/ssrn.3751808
Silwal, P. P. (2016). Effects of corporate governance on the performance of Nepalese firms. International Research Journal of Management Science, 1. https://doi.org/10.3126/irjms.v1i0.28140
Sobhan, R. (2021). Board characteristics and firm performance: Evidence from the listed non-banking financial institutions of Bangladesh. International Journal of Management, Accounting & Economics, 8(1), 25–41. https://doi.org/10.5281/zenodo.4589504
Syahputra, A. (2021). Kondisi ekonomi syariah di Indonesia pasca mergernya bank syariah bumn. Jurnal Ekonomi Syariah, Akuntansi Dan Perbankan (JESKaPe), 5(1), 90–106. https://doi.org/10.52490/jeskape.v5i1.1237
Syarif, A. (2020). Forecasting the development of islamic bank in Indonesia: Adopting ARIMA model. JTAM (Jurnal Teori Dan Aplikasi Matematika), 4(2), 190. https://doi.org/10.31764/jtam.v4i2.2790
Wardhan, W. K., & Samrotun, Y. C. (2020). Pengaruh kepemilikan institusional, kepemilikan manajerial, ukuran perusahaan dan leverage terhadap integritas laporan keuangan. Jurnal Ilmiah Universitas Batanghari Jambi, 20(2), 475. https://doi.org/10.33087/jiubj.v20i2.948
Wibawaningsih, E. J., & Surbakti, L. P. (2020). Audit committee financial condition, and firm performance: Empirical evidence from Indonesia. Journal of Accounting and Finance Management, 22(7), 117–122. https://doi.org/10.38035/JAFM
Wikan Budi Utami. (2021). Influence of Investment Decisions (PER), Policy of Dividend (DPR) and Interest Rate against Firm Value (PBV) at a Registered Manufacturing Company on Indonesia Stock Exchange in 2015-2018. Annals of the Romanian Society for Cell Biology, 1972–1984. Retrieved from http://www.annalsofrscb.ro/index.php/journal/article/view/315
Downloads
Additional Files
Published
How to Cite
Issue
Section
Citation Check
License
The copyright of the article fully belongs to the Jurnal Ilmiah Ekonomi Islam and publishing rights belong entirely to LPPM STIE AAS Surakarta
This work is licensed under a Creative Commons Attribution 4.0 International License.
