scholarly journals Islamic Social Reporting and Halal Business Performance

2020 ◽  
Vol 12 (2) ◽  
Author(s):  
Budiandru Budiandru
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Social Performance ◽  
Random Effect ◽  
Random Effect Model ◽  
Social Reporting ◽  
Annual Reports ◽  
Effect Model ◽  
Corporate Social Responsibility Report ◽  
Corporate Social

Abstract. Islamic social reporting (ISR) is used to assess a company's social performance based on Islamic principles. Islamic social performance reports will influence investors' decisions in investing. This research is to analyze factors influencing the Islamic Corporate Social Responsibility report. Data is obtained from the annual reports of 44 companies in the halal industry sector from 2013-2018, and analyzed using the Random Effect Model (REM) method. In this research, interest on debt-based Sharia Screening (SS) is divided by total assets with a maximum tolerance of 45 percent; the companies’ net-based Profitability (PRV) is divided by the total assets (ROA), and total debt-based leverage (LEV) is divided by equity (DER). The result is that Sharia Screening, Profitability, and Leverage affect ISR reporting. Increasing sharia screening and leverage will decrease ISR reporting, while increasing profitability will increase ISR reporting. Thus, the increase and decrease in this variable affect the companies’ decision to report the ISR. Therefore, companies must improve their financial performance to improve corporate social responsibility disclosure quality, which is very important for stakeholders in investing. Keywords: Islamic Social Reporting, Random Effect Model, Sharia Screening, Profitability, Leverage Abstrak. Pelaporan sosial Islam digunakan untuk menilai kinerja sosial perusahaan berdasarkan prinsip-prinsip Islam. Laporan kinerja sosial Islam akan mempengaruhi keputusan investor dalam berinvestasi. Penelitian ini dilakukan untuk menganalisis faktor-faktor apa saja yang mempengaruhi laporan sosial Islam dengan menggunakan 44 perusahaan sektor industri halal, data tahunan tahun 2013-2018, dan menggunakan metode random effect model (REM). Syariah Screening (SS) berbasis pada hutang bunga dibagi total aset dengan toleransi maksimal 45 persen, Profitabilitas (PRV) berbasis pada laba bersih perusahaan dibagi total aset (ROA), dan leverage (LEV) berbasis pada total hutang dibagi ekuitas (DER). Hasilnya adalah syariah screening, profitabilitas, dan leverage mempengaruhi pelaporan sosial Islam. Peningkatan syariah screening dan leverage akan menurunkan pelaporan ISR, sedangkan peningkatan profitabilitas akan meningkatkan pelaporan ISR. Dengan demikian kenaikan dan penurunan variabel ini mempengaruhi keputusan perusahaan untuk melaporkan ISR. Oleh karena itu, perusahaan harus meningkatkan kinerja keuangannya untuk meningkatkan kualitas pelaporan sosial Islam yang sangat penting bagi stakeholders dalam berinvestasi. Kata kunci: Pelaporan Sosial Islam, Random Effect Model, Syaria Screening, Profitabilitas, Leverage

scholarly journals Factors Affecting Islamic Social Reporting in the Halal Industry Sector

2021 ◽  
Vol 12 (3) ◽  
pp. 4521-4529
Author(s):  
Mr. Budiandru
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Social Performance ◽  
Random Effect ◽  
Random Effect Model ◽  
Social Reporting ◽  
Factors Affecting ◽  
Industry Sector ◽  
Corporate Social Responsibility Implementation ◽  
Corporate Social

Islamic social reporting is a measure of Islamic-based social performance reporting in each company. Increased disclosure of Islamic social interpretation will influence investor decisions. This study aims to analyze what factors influence the declaration of Islamic corporate social responsibility. The data used is the annual report of companies registered in the halal industry sector from 2013 to 2018 with 44 selected companies. This study uses a random effect model (REM). The analysis results show that the halal lifestyle, profitability, and leverage are significant in disclosing Islamic corporate social responsibility. Implementation of ISR disclosure as a form of accountability is based on principles and philosophies following Islamic Sharia. Therefore, companies must improve their financial performance to enhance corporate social responsibility disclosure quality, which is very important for stakeholders in investing.

scholarly journals Islamic social reporting disclosure as a form of social responsibility of Islamic banks in Indonesia

2020 ◽  
Vol 15 (2) ◽  
pp. 47-55
Author(s):  
Kuat Waluyo Jati ◽  
Linda Agustina ◽  
Indah Muliasari ◽  
Diah Armeliza
Keyword(s):  
Social Responsibility ◽  
Commercial Banks ◽  
Random Effect ◽  
Random Effect Model ◽  
Sampling Technique ◽  
Social Reporting ◽  
Units Of Analysis ◽  
Effect Model ◽  
Panel Data Regression ◽  
Corporate Social

Sharia-compliant companies had to add Islamic Social Reporting when disclosing Corporate Social Responsibility information due to its characteristics. Sharia-compliant companies in Indonesia still do not do this much, and it is very interesting to study, because every sharia-based entity must comply with sharia provisions in all aspects of its activities, including when compiling social reporting. The purpose of this study is to analyze the influence of profitability, liquidity, leverage, and an Islamic Governance Score on Islamic Social Reporting in Islamic commercial banks in Indonesia. The sampling is carried out using a purposive sampling technique for up to 10 Islamic commercial banks with a six-year observation period, so there are 60 units of analysis. The data are collected using a documentation technique. The analysis in the study uses panel data regression. Based on a Random Effect Model, the study showed that profitability and leverage do not affect Islamic Social Reporting, while liquidity and the Islamic Governance Score had an impact on the Islamic Social Reporting.

scholarly journals Determinant of Islamic Corporate Social Responsibility (ICSR) Disclosure in Companies Registered in Jakarta Islamic Index (JII)

2021 ◽  
Vol 1 (02) ◽  
pp. 105-115
Author(s):  
Ainul Fatha Isman ◽  
Nur Cholifatul Aeni
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Board Of Directors ◽  
Time Series Data ◽  
Random Effect ◽  
Random Effect Model ◽  
Influential Factor ◽  
Series Data ◽  
Effect Model ◽  
Corporate Social

Social aspects are important aspects that must be considered by every individual. Similarly, companies that must disclose social responsibility or what is called Corporate Social Responsibility (CSR) through the mandate of the Act. This research aims to determine the factors that affect the Islamic corporate social responsibility disclosure in Indonesia. This research is categorized in quantitative research with associative approaches. The population in this study amounted to 30 companies registered in the Jakarta Islamic Index in 2016-2018 with a purposive sampling technique to obtain 51 samples. The data analysis model in this study is a panel data linear regression test with a combination of time series data and cross-section which is carried out through three approaches, namely the common effect model, the fixed-effect model, and the random effect model. The results of this study indicate that partially and simultaneously the size of the company's profitability, and the Muslim board of directors influence the disclosure of the company's ICSR. The most influential factor in company ICSR disclosure is company size. The results of this study imply that each company uses the ISR Index as a reference for the preparation of sharia corporate social responsibility reporting standards and increases the number of Muslim board of directors who are competent and have innovative ideas to increase company assets, thus positively impacting ICSR disclosure.

scholarly journals CORPORATE SOCIAL RESPONSIBILITY DAN NILAI PERUSAHAAN: MODERASI CORPORATE GOVERNANCE

2020 ◽  
Vol 1 (2) ◽  
Author(s):  
Andyka Yudha Satria Putra ◽  
Suherman Suherman ◽  
Destria Kurnianti
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Firm Value ◽  
Audit Committee ◽  
Random Effect ◽  
Random Effect Model ◽  
Firm Age ◽  
Effect Model ◽  
Corporate Social

Penelitian ini bertujuan untuk mengetahui pengaruh corporate social responsibility terhadap nilai perusahaan dimoderasi oleh corporate governance pada perusahaan pertambangan yang terdaftar di IDX Tahun 2013-2017. Variabel bebas yang digunakan dalam penelitian ini adalah corporate social responsibility yang diukur dengan CSRI. Variabel terikat yang digunakan adalah Nilai Perusahaan yang diproksikan dengan PBV dan variabel moderasi yang digunakan adalah corporate governance yang diproksikan dengan komite audit. Penelitian ini juga menggunakan variabel kontrol, yaitu ukuran perusahaan, profitabilitas, leverage, dan usia perusahaan. Metode pengambilan sampel yang digunakan adalah teknik purposive sampling. Model yang digunakan dalam penelitian ini adalah data panel dengan pendekatan random effect model. Hasil penelitian menunjukkan bahwa corporate social responsibility berpengaruh positif dan signifikan terhadap nilai perusahaan. Corporate governance yang diproksikan Komite Audit melemahkan hubungan antara corporate social responsibility terhadap Nilai Perusahaan.Kata Kunci:  Nilai Perusahaan, Corporate Social Responsibility, Komite Audit, Ukuran Perusahaan, Profitabilitas, Leverage, Usia Perusahaan.The aim of this study is to determine the effect of corporate social responsibility on the firm value moderated by corporate governance on mining sector listed on IDX Period 2013-2017. Independent variable of this study is corporate social responsibility as measured by CSRI. Dependent variable of this study is firm value with PBV as a proxy. While moderating variable used is corporate governance with audit committee as the proxy. Then control variable in this study are Firm Size, Profitability, Leverage, and Firm Age. The data used in this study is annual report of mining sector listed in Indonesia Stock Exchange (IDX) period 2013-2017. The sampling method of this study is purposive sampling technique. The research model of this study employs panel data analysis with random effect model approach. The empirical result shows that corporate social responsibility does positive effect and significant on firm value. Corporate governance moderated by audit committee weakening the relation between corporate social responsibility on Firm Value.Keywords: Firm Value, Corporate Social Responsibility, Audit Committee, Firm Size, Profitability, Leverage, Firm Age.

scholarly journals Analisis Faktor-Faktor yang Mempengaruhi Pengukuran Pengungkapan Corporate Social Responsibility (CSR) Perbankan Syariah Berdasarkan Indeks Islamic Social Reporting (ISR)

2019 ◽  
Vol 16 (1) ◽  
Author(s):  
Susi Astuti
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Banking Sector ◽  
Social Reporting ◽  
Annual Reports ◽  
Islamic Banks ◽  
East Region ◽  
Cost Center ◽  
Corporate Social ◽  
Middle East Region

The Corporate Social Responsibility (CSR) program is an investment for companies for the growth and sustainability of the company and is no longer seen as a cost center but as a means to become a profit center.The implementation of CSR in banking industry has the goal of making CSR as one of the companies to regulate their business not only for the benefit of shareholders but for other stakeholders. In addition, Corporate Social Responsibility (CSR) is also a challenge to maintain the company's reputation in the community.The issue of Corporate Social Responsibility (CSR) sticking out along with the development of a banking sector related to the need for disclosure of social responsibility in Islamic banking today, is widely discussed about the Islamic Social Reporting Index (ISR index). The ISR index contains compilation of standard items of CSR set by AAOIFI which were further developed by researchers regarding CSR items that should be disclosed by an Islamic entity. The Islamic Social Reporting (ISR) index is believed to be the initial benchmark in terms of disclosure standards for Corporate Social Responsibility (CSR) that are in accordance with the Islamic perspective. This research was conducted on Islamic banks in the Middle East region whose annual reports were announced through banking sites using a sample of Islamic bank annual reports published during the period 2015-2017.

Analisis Pengungkapan Corporate Social Responsibility Bank Syariah di Indonesia Berdasarkan Islamic Sosial Reporting Index

2019 ◽  
Vol 10 (2) ◽  
pp. 63-80
Author(s):  
Irna Malikhatun ◽  
Rafika Rahmawati
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Commercial Banks ◽  
Quantitative Approach ◽  
Social Reporting ◽  
Annual Reports ◽  
Purposive Sampling ◽  
Research Population ◽  
Corporate Social ◽  
Research Period

This study aims to analyze the effect of Corporate Social Responsibility (CSR) for IslamicCommercial Banks using the Islamic Social Reporting Index (ISR) method. The research period usedis 2016-2019. This study uses a quantitative approach. The research population includes all IslamicCommercial Banks (BUS) that publish Annual Reports on their respective websites during the 2016-2019 period. The sample was determined by purposive sampling and obtained 13 Islamic CommercialBanks. The results of this study indicate that of the 13 Islamic Commercial Banks disclosed during2016-2019 that each bank has a different level of disclosure. Bank Mumalat Indonesia and BankSyariah Mandiri received the title Very Informative while Bank Panin Dubai Syariah, Bank AcehSyariah, BNI Syariah, BRI Syariah, BCA Syariah, Mega Syariah, BJB Syariah produced Informativepredicate. Meanwhile, BTPN Syariah, Bukopin Syariah, Bank Net Syariah and Bank Victoria Syariahreceived the title of Less Informative.

scholarly journals A Quantitative Analysis for the Correlation Between Corporate Financial and Social Performance

2016 ◽  
Vol 4 (4) ◽  
pp. 55
Author(s):  
Wafaa Salah ◽  
Mostafa Abdelhady Salama
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Performance ◽  
Corporate Social Performance ◽  
Social Performance ◽  
Three Dimensions ◽  
Operating Income ◽  
Corporate Social Responsibility Report ◽  
Corporate Social ◽  
The Relationship

Recently, the corporate social performance (CSP) is not less important than the corporate financial performance (CFP). Debate still exists about the nature of the relationship between the CSP and CFP, whether it is a positive, negative or a neutral correlation. The objective of this study is to explore the relationship between corporate social responsibility (CSR) reports and CFP. The study uses the accounting-based and market-based quantitative measures to quantify the financial performance of seven organizations listed on the Egyptian Stock Exchange in 2007-2014. Then uses the information retrieval technologies to quantify the contribution of each of the three dimensions of the corporate social responsibility report (environmental, social and economic). Finally, the correlation between these two sets of variables is viewed together in a model to detect the correlations between them. This model is applied on seven firms that generate social responsibility reports. The results show a positive correlation between the Earnings per share (market-based measure) and the economical dimension in the CSR report. On the other hand, total assets and property, plant and equipment (accounting-based measure) are positively correlated to the environmental and social dimensions of the CSR reports. While there is not any significant relationship between ROA, ROE, Operating income and corporate social responsibility. This study contributes to the literature by providing more clarification of the relationship between CFP and the isolated CSR activities in a developing country.

scholarly journals The Influence of Good Corporate Governance and Corporate Social Responsibility on Firm Value: Evidence from Indonesia

2019 ◽  
pp. 177-183
Author(s):  
Farida Farida ◽  
Adhika Ramadhan ◽  
Ratih Wijayanti
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Firm Value ◽  
Audit Committee ◽  
Stock Exchange ◽  
Random Effect ◽  
Random Effect Model ◽  
Good Corporate Governance ◽  
Corporate Social

The company goal is to maximize the shareholders’ prosperity, not just to maximize profit. The fact is that the company not only has economic responsibility but also social responsibility to the community and its environment. The purpose of this study was to analyze the effect of good corporate governance (GCG) and corporate social responsibility (CSR) on the firm value. The research sample of 15 companies was taken using purposive sampling from companies listed in the LQ-45 on the Indonesia Stock Exchange for the period of 2014-2017. This study uses panel data regression analysis with Random Effect model method. GCG is a representation of managerial ownership, institutional ownership, independent commissioner, and audit committee. The results of this study indicate that there is a significant influence between GCG and CSR on firm value simultaneously. Partially, independent Commissioners and CSR each have an influence on the firm value, but there is an anomaly.

scholarly journals A nexus between corporate social responsibility disclosure and its determinants in energy enterprises

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Rahil Irfan Ahmed ◽  
Guohao Zhao ◽  
Naveed Ahmad ◽  
Umme Habiba
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Stock Exchange ◽  
Random Effect ◽  
Random Effect Model ◽  
Content Type ◽  
Energy Emissions ◽  
Csr Disclosure ◽  
Corporate Social ◽  
Energy Companies

Purpose Corporate social responsibility (CSR) is a requirement for energy enterprises as different stakeholders deem environmental and social responsibility the duty. This study aims to explore the determinants that affect CSR disclosure in energy enterprises of developing nations. Design/methodology/approach Panel data of energy companies is used that are listed on Pakistan Stock Exchange. A comprehensive CSR disclosure index is developed using seven themes, i.e. environment, employees, energy, emissions, product, community development and other CSR-related activities. A random effect model of regression is used on the sample of data. Findings The finding of the study reveals that profitability, financial leverage, board size and being a multinational subsidiary has a significant relationship with CSR disclosure level. Research limitations/implications The sample is confined to a certain number of years and publicly traded energy companies. Further studies can explore the relationship of CSR among different groups of firms, such as SMEs, non-listed companies and state-run enterprises to document whether the findings are significant or not. The opinions and ideas of external stakeholders could also be explored using various qualitative methods such as interviews. Originality/value To the best of the authors’ knowledge, it is the first study of its kind whose only focus is energy sector enterprises. A comprehensive scale is used to measure CSR practices. It is helpful for upcoming studies to examine the various aspects of CSR research and figure sound outcome.

Sign in / Sign up

Export Citation Format

Share Document