Corporate governance from an Islamic moral economy perspective: the dimensions and analysis

Corporate governance from Islamic perspective is derived from Islamic worldview, whereby the God is at the apex and human beings are below Him. However, there is no unified definition of corporate governance under shari’ah point of view. To bridge the applicability of Islamic corporate governance mo...

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Main Authors: Prima Sakti, Muhammad Rizky, Tareq, Mohammad Ali, Kamiyama, Hajime
Format: Article
Published: Faculty of Economic and Business, Universitas Islam Negeri (UIN) 2021
Subjects:
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author Prima Sakti, Muhammad Rizky
Tareq, Mohammad Ali
Kamiyama, Hajime
author_facet Prima Sakti, Muhammad Rizky
Tareq, Mohammad Ali
Kamiyama, Hajime
author_sort Prima Sakti, Muhammad Rizky
collection ePrints
description Corporate governance from Islamic perspective is derived from Islamic worldview, whereby the God is at the apex and human beings are below Him. However, there is no unified definition of corporate governance under shari’ah point of view. To bridge the applicability of Islamic corporate governance model with Islamic moral economy framework, some key questions to be addressed are as follows. (i) do Islamic corporate governance models consistent with the aspiration of Islamic moral economy? (ii) what are the important dimensions of Islamic corporate governance? (iii) what is the concept of Islamic corporate governance inspired by the ideals of Islamic moral economy? To accomplish the objectives, this paper follows critical review analysis as a methodology, through which it aims to highlight how each Islamic corporate governance model models are being constructed and to compare those models with Islamic moral economy perspective. The paper proposes the suitable model of Islamic corporate governance under the Islamic moral economy perspective.
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spelling utm.eprints-974992022-10-10T08:37:47Z http://eprints.utm.my/97499/ Corporate governance from an Islamic moral economy perspective: the dimensions and analysis Prima Sakti, Muhammad Rizky Tareq, Mohammad Ali Kamiyama, Hajime HD Industries. Land use. Labor Corporate governance from Islamic perspective is derived from Islamic worldview, whereby the God is at the apex and human beings are below Him. However, there is no unified definition of corporate governance under shari’ah point of view. To bridge the applicability of Islamic corporate governance model with Islamic moral economy framework, some key questions to be addressed are as follows. (i) do Islamic corporate governance models consistent with the aspiration of Islamic moral economy? (ii) what are the important dimensions of Islamic corporate governance? (iii) what is the concept of Islamic corporate governance inspired by the ideals of Islamic moral economy? To accomplish the objectives, this paper follows critical review analysis as a methodology, through which it aims to highlight how each Islamic corporate governance model models are being constructed and to compare those models with Islamic moral economy perspective. The paper proposes the suitable model of Islamic corporate governance under the Islamic moral economy perspective. Faculty of Economic and Business, Universitas Islam Negeri (UIN) 2021 Article PeerReviewed Prima Sakti, Muhammad Rizky and Tareq, Mohammad Ali and Kamiyama, Hajime (2021) Corporate governance from an Islamic moral economy perspective: the dimensions and analysis. Signifikan: Jurnal Ilmu Ekonomi, 10 (2). pp. 359-378. ISSN 2087-2046 http://dx.doi.org/10.15408/sjie.v10i2.21511 DOI:10.15408/sjie.v10i2.21511
spellingShingle HD Industries. Land use. Labor
Prima Sakti, Muhammad Rizky
Tareq, Mohammad Ali
Kamiyama, Hajime
Corporate governance from an Islamic moral economy perspective: the dimensions and analysis
title Corporate governance from an Islamic moral economy perspective: the dimensions and analysis
title_full Corporate governance from an Islamic moral economy perspective: the dimensions and analysis
title_fullStr Corporate governance from an Islamic moral economy perspective: the dimensions and analysis
title_full_unstemmed Corporate governance from an Islamic moral economy perspective: the dimensions and analysis
title_short Corporate governance from an Islamic moral economy perspective: the dimensions and analysis
title_sort corporate governance from an islamic moral economy perspective the dimensions and analysis
topic HD Industries. Land use. Labor
work_keys_str_mv AT primasaktimuhammadrizky corporategovernancefromanislamicmoraleconomyperspectivethedimensionsandanalysis
AT tareqmohammadali corporategovernancefromanislamicmoraleconomyperspectivethedimensionsandanalysis
AT kamiyamahajime corporategovernancefromanislamicmoraleconomyperspectivethedimensionsandanalysis