Islamic index, independent commissioner and firm performance
The prime objective of this study is to examine the effect of Sharia firms and their performance in Indonesia. Sharia is the set of personal and societal behaviour derived from Islam. A firm is included in a sharia firm if it complies with Islamic values. The sample used in this study are firms that...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2020-01-01
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| Series: | Cogent Business & Management |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.1080/23311975.2020.1824440 |
| _version_ | 1818683233703821312 |
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| author | Vidia Gati Mohammad Nasih Dian Agustia Iman Harymawan |
| author_facet | Vidia Gati Mohammad Nasih Dian Agustia Iman Harymawan |
| author_sort | Vidia Gati |
| collection | DOAJ |
| description | The prime objective of this study is to examine the effect of Sharia firms and their performance in Indonesia. Sharia is the set of personal and societal behaviour derived from Islam. A firm is included in a sharia firm if it complies with Islamic values. The sample used in this study are firms that are consistently listed on the Sharia-compliant Stock Index (ISSI) in the 2012–2018 period. The result shows that Sharia firms have better performance compared to non-Sharia firms. Additionally, Sharia firms with a smaller size of independent commissioners are associated with higher performance. These positive results indicate that Sharia positioning can improve performance and this is empirical evidence that the ethical firm has a significant influence on the performance. |
| first_indexed | 2024-12-17T10:31:29Z |
| format | Article |
| id | doaj.art-90ff98ce739b4383bb1edeb130a9dab1 |
| institution | Directory Open Access Journal |
| issn | 2331-1975 |
| language | English |
| last_indexed | 2024-12-17T10:31:29Z |
| publishDate | 2020-01-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Business & Management |
| spelling | doaj.art-90ff98ce739b4383bb1edeb130a9dab12022-12-21T21:52:30ZengTaylor & Francis GroupCogent Business & Management2331-19752020-01-017110.1080/23311975.2020.18244401824440Islamic index, independent commissioner and firm performanceVidia Gati0Mohammad Nasih1Dian Agustia2Iman Harymawan3Universitas AirlanggaUniversitas AirlanggaUniversitas AirlanggaUniversitas AirlanggaThe prime objective of this study is to examine the effect of Sharia firms and their performance in Indonesia. Sharia is the set of personal and societal behaviour derived from Islam. A firm is included in a sharia firm if it complies with Islamic values. The sample used in this study are firms that are consistently listed on the Sharia-compliant Stock Index (ISSI) in the 2012–2018 period. The result shows that Sharia firms have better performance compared to non-Sharia firms. Additionally, Sharia firms with a smaller size of independent commissioners are associated with higher performance. These positive results indicate that Sharia positioning can improve performance and this is empirical evidence that the ethical firm has a significant influence on the performance.http://dx.doi.org/10.1080/23311975.2020.1824440independent commissionerperformancesharia firm |
| spellingShingle | Vidia Gati Mohammad Nasih Dian Agustia Iman Harymawan Islamic index, independent commissioner and firm performance Cogent Business & Management independent commissioner performance sharia firm |
| title | Islamic index, independent commissioner and firm performance |
| title_full | Islamic index, independent commissioner and firm performance |
| title_fullStr | Islamic index, independent commissioner and firm performance |
| title_full_unstemmed | Islamic index, independent commissioner and firm performance |
| title_short | Islamic index, independent commissioner and firm performance |
| title_sort | islamic index independent commissioner and firm performance |
| topic | independent commissioner performance sharia firm |
| url | http://dx.doi.org/10.1080/23311975.2020.1824440 |
| work_keys_str_mv | AT vidiagati islamicindexindependentcommissionerandfirmperformance AT mohammadnasih islamicindexindependentcommissionerandfirmperformance AT dianagustia islamicindexindependentcommissionerandfirmperformance AT imanharymawan islamicindexindependentcommissionerandfirmperformance |