Judul              : Ethical Values Reflected on Zakat and CSR: Indonesian Sharia Banking Financial Performance

Authors          : 

  1. Robiatul Auliyah
  2. Drs. Basuki, M.Com(HONS).,Ph.D.,Ak.

Departemen   : Akuntansi

Journal Name            : Journal of Asian Finance, Economics and Business

Kind of Journal         : Scopus Q2

Keywords : Corporate Social Responsibility, Financial Performance, Ethical Values, Zakat Disclosure

ABSTRACT

The objective of this study is to identify the effects of ethical values reflected on zakat and Corporate Social Responsibility (CSR) on the financial performance of sharia banking in Indonesia. This study contributes to the Indonesia Financial Service Authority (Otoritas Jasa Keuangan (OJK) policies concerning the need for implementing ethical values in sharia banking and other sharia financial entities based on the philanthropic model, this study posits that firms undertaking zakat and charity are ethical firms. The population of this study is 8 sharia banks listed on the Indonesia Stock Exchange (IDX) in 2014-2018. The result of the study showed that zakat disclosure significantly affected financial performance. Moreover, ethical values that were proxied by CSR disclosure did not significantly affect financial performance. The limitation of the study is the limited number of the sample; therefore, it is expected that the future research adds other sharia financial entities and adds the dimension of management, sustainability, product, and the environment as benchmarks of ethical values. The originality of this study offers an additional explanation of the relationship between ethical values and performance by investigating zakat and CSR disclosure which is a unique factor in Indonesia.

For details : https://drive.google.com/open?id=13mmlRwcMi77c7CEuT_9juYoVOS_ALpmB