THE EFFECT OF INTELLECTUAL CAPITAL, DIRECTOR’S EDUCATIONAL BACKGROUND, ISLAMIC SOCIAL REPORTING, AND FIRM SIZE ON THE PERFORMANCE OF SHARIA MAQASHID

Abstract

This study aimed to determine the effect of intellectual capital, corporate educational background, Islamic social reporting, and measures on the performance of Islamic maqashid. The sample used in this study is Islamic Commercial Banks in 2009-2021 as many as 154 samples. The data analysis technique used is panel data regression model analysis. Using 3 test stages, namely a preliminary test that will determine the model used through the Chow test, Breush, and Pagan Lagrangian multiplier tests, and Hausman test. The results of these three preliminary tests show a model to test the relationship between variables. Then the diagnostic test, namely heteroscedasticity, and autocorrelation, is followed by hypothesis testing. The results of this study indicate that the intellectual capital variable has a positive effect on the performance of maqashid sharia. This shows that the maximum use of intellectual capital can improve the performance of maqashid sharia. Educational background has a positive effect on the performance of maqashid sharia, the higher the quality of the board's resources the ability to manage information properly improves the performance of maqashid sharia. While the Islamic Social Reporting variable and firm size do not affect the performance of maqashid sharia. Information in Islamic Social Reporting does not have much to do with maqashid sharia activities.