The Impact of Internet-Based Corporate Governance Sharia (IBCGS) Rating on Shareholders Trust in Jakarta Islamic Index Companies
The purpose of this research is to present the quality measurement of internet-based Islamic corporate governance and identify its effects on stakeholder trust. In measuring the implementation of corporate governance, this study uses the method of measuring the quality of Islamic corporate governanc...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | Indonesian |
| Published: |
Universitas Negeri Surabaya
2021-07-01
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| Series: | al-Uqud: Journal of Islamic Economics |
| Subjects: | |
| Online Access: | https://journal.unesa.ac.id/index.php/jie/article/view/14579 |
| _version_ | 1797860100431413248 |
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| author | Ulil Hartono Musdholifah Musdholifah Ika Diyah Candra Arifah Riska Dhenabayu Trias Madanika Kusumaningrum |
| author_facet | Ulil Hartono Musdholifah Musdholifah Ika Diyah Candra Arifah Riska Dhenabayu Trias Madanika Kusumaningrum |
| author_sort | Ulil Hartono |
| collection | DOAJ |
| description | The purpose of this research is to present the quality measurement of internet-based Islamic corporate governance and identify its effects on stakeholder trust. In measuring the implementation of corporate governance, this study uses the method of measuring the quality of Islamic corporate governance (IBCGS), as the development of IBCG and IBCG Rating Modified. This research uses descriptive exploratory analysis tools with PLS-SEM as the statistical tool. The object of this research is a company registered in the Jakarta Islamic Index (JII). The results showed that the implementation of corporate governance based on IBCGS by sample companies had been implemented but with varying quality. Meanwhile, the implementation of corporate governance in sharia companies positively influences shareholder trust manifested by their return on equity, stock returns and earnings per share. The findings of this study are expected to contribute to the signalling theory and agency theory in explaining the influence of the quality of corporate governance on the shareholder trust that should be concerned by sharia companies. |
| first_indexed | 2024-04-09T21:40:24Z |
| format | Article |
| id | doaj.art-9e64dce192fa4f24aa2cfe2496146ebe |
| institution | Directory Open Access Journal |
| issn | 2549-0850 2548-3544 |
| language | Indonesian |
| last_indexed | 2024-04-09T21:40:24Z |
| publishDate | 2021-07-01 |
| publisher | Universitas Negeri Surabaya |
| record_format | Article |
| series | al-Uqud: Journal of Islamic Economics |
| spelling | doaj.art-9e64dce192fa4f24aa2cfe2496146ebe2023-03-26T08:32:04ZindUniversitas Negeri Surabayaal-Uqud: Journal of Islamic Economics2549-08502548-35442021-07-015232734410.26740/aluqud.v5n2.p327-34411687The Impact of Internet-Based Corporate Governance Sharia (IBCGS) Rating on Shareholders Trust in Jakarta Islamic Index CompaniesUlil Hartono0Musdholifah Musdholifah1Ika Diyah Candra Arifah2Riska Dhenabayu3Trias Madanika Kusumaningrum4Department of Management Faculty of Economics Universitas Negeri SurabayaDepartment of Management Faculty of Economics Universitas Negeri SurabayaDepartment of Management Faculty of Economics Universitas Negeri SurabayaDepartment of Management Faculty of Economics Universitas Negeri SurabayaDepartment of Management Faculty of Economics Universitas Negeri SurabayaThe purpose of this research is to present the quality measurement of internet-based Islamic corporate governance and identify its effects on stakeholder trust. In measuring the implementation of corporate governance, this study uses the method of measuring the quality of Islamic corporate governance (IBCGS), as the development of IBCG and IBCG Rating Modified. This research uses descriptive exploratory analysis tools with PLS-SEM as the statistical tool. The object of this research is a company registered in the Jakarta Islamic Index (JII). The results showed that the implementation of corporate governance based on IBCGS by sample companies had been implemented but with varying quality. Meanwhile, the implementation of corporate governance in sharia companies positively influences shareholder trust manifested by their return on equity, stock returns and earnings per share. The findings of this study are expected to contribute to the signalling theory and agency theory in explaining the influence of the quality of corporate governance on the shareholder trust that should be concerned by sharia companies.https://journal.unesa.ac.id/index.php/jie/article/view/14579sharia corporate governanceibcgsstakeholder trust |
| spellingShingle | Ulil Hartono Musdholifah Musdholifah Ika Diyah Candra Arifah Riska Dhenabayu Trias Madanika Kusumaningrum The Impact of Internet-Based Corporate Governance Sharia (IBCGS) Rating on Shareholders Trust in Jakarta Islamic Index Companies al-Uqud: Journal of Islamic Economics sharia corporate governance ibcgs stakeholder trust |
| title | The Impact of Internet-Based Corporate Governance Sharia (IBCGS) Rating on Shareholders Trust in Jakarta Islamic Index Companies |
| title_full | The Impact of Internet-Based Corporate Governance Sharia (IBCGS) Rating on Shareholders Trust in Jakarta Islamic Index Companies |
| title_fullStr | The Impact of Internet-Based Corporate Governance Sharia (IBCGS) Rating on Shareholders Trust in Jakarta Islamic Index Companies |
| title_full_unstemmed | The Impact of Internet-Based Corporate Governance Sharia (IBCGS) Rating on Shareholders Trust in Jakarta Islamic Index Companies |
| title_short | The Impact of Internet-Based Corporate Governance Sharia (IBCGS) Rating on Shareholders Trust in Jakarta Islamic Index Companies |
| title_sort | impact of internet based corporate governance sharia ibcgs rating on shareholders trust in jakarta islamic index companies |
| topic | sharia corporate governance ibcgs stakeholder trust |
| url | https://journal.unesa.ac.id/index.php/jie/article/view/14579 |
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