Article Sidebar

Download
Full Text PDF
Statistic
Read Counter : 510 Download : 499

Downloads

Download data is not yet available.

Main Article Content

Abstract

Purpose – This study aims to analyze the influence of intellectual capital; and corporate governance on the performance of zakat in Islamic commercial banks.
Methodology – Population in this study is Islamic commercial banks registered in the Bank Indonesia database with the period spanning from 2014 to 2019. The samples were filtered using purposive sampling technique based on financial statement data. Analyses were carried out using classical assumption test and multiple linear regression analysis.
Findings – The results from multiple linear regression analysess indicate that intellectual capital significantly influences zakat performance at 5 percent alpha level. However, intellectual capital has no effect on zakat performance when variable of corporate governance is treated as an intervening variable.
Implications – This research can be used in the future both as a literature review and as a reference material that can be used by zakat institutions, Islamic banking, and the government, especially in Indonesia in managing and determining strategies to improve future company performance.
Originality – In general, research using sharia principles for each variable calculation (iB-VAIC and Zakat) are still limited. In addition, there is only a few researchers who use the corporate governance variable as an intervening variable.

Article Details

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

How to Cite
Wahyudi, T. W., & Puspita, G. (2022). Intellectual capital on zakat performance with corporate governance as an intervening variable in sharia commercial banks. Jurnal Ekonomi & Keuangan Islam, 8(2), 250–263. https://doi.org/10.20885/JEKI.vol8.iss2.art8
Download Citation
Endnote/Zotero/Mendeley (RIS)
BibTeX
Crossref
Scopus
Google Scholar
Europe PMC

References

  1. Al-Musali, M. A. K., & Ismail, K. N. I. K. (2014). Intellectual capital and its effect on financial performance of banks: Evidence from Saudi Arabia. Procedia - Social and Behavioral Sciences, 164(August), 201–207. https://doi.org/10.1016/j.sbspro.2014.11.068
  2. Arifin, J. (2016). Corporate governance and intellectual capital on financial performance of bank sector companies: Indonesia stock exchange 2008-2012. Journal of Administrative Sciences and Policy Studies, 4(1), 61–82. https://doi.org/10.15640/jasps.v4n1a4
  3. Chen, M. C., Cheng, S. J., & Hwang, Y. (2005). An empirical investigation of the relationship between intellectual capital and firms’ market value and financial performance. Journal of Intellectual Capital, 6(2), 159–176. https://doi.org/10.1108/14691930510592771
  4. Djuanda, W., Tanjung, A. R., & Kamaliah. (2019). Pengaruh intellectual capital dan Islamic corporate governance disclosure terhadap kinerja keuangan : Peran Islamic corporate social responsibility disclosure sebagai variabel mediasi. Journal Ekonomi, 27(3), 267–281. https://doi.org/10.31258/je.27.3.p.267-281
  5. Earnest, D. F., & Sofian, S. (2013). The mediating role of corporate governance on intellectual capital and corporate performance. Journal of Economics, Business and Management, 1(4), 339–342. https://doi.org/10.7763/joebm.2013.v1.73
  6. Ferdiana, N. (2012). Pengaruh good corporate governance terhadap kinerja keuangan perusahaan pertambangan di BEI. Jurnal Ilmiah Mahasiswa Akuntansi, 1(2), 11–15. http://journal.wima.ac.id/index.php/JIMA/article/view/131
  7. Freeman, R. E., Dmytriyev, S. D., & Phillips, R. A. (2021). Stakeholder theory and the resource-based view of the firm. Journal of Management, 47(7), 1–14. https://doi.org/10.1177/0149206321993576
  8. Grant, R. M. (1996). Towards a knowledge-based theory of firm. Strategic Management Journal, 17(Winter Special Issue), 109–122. https://doi.org/10.1002/smj.4250171110
  9. Hamdan, A. (2018). Intellectual capital and firm performance: Differentiating between accounting-based and market-based performance. International Journal of Islamic and Middle Eastern Finance and Management, 11(1), 139–151. https://doi.org/10.1108/IMEFM-02-2017-0053
  10. Hameed, S., Wirman, A., Alrazi, B., Nazli, M., & Pramono, S. (2004). Alternative disclosure and performance measures for Islamic banks. In Second Conference on Administrative Sciences: Meeting the Challenges of the Globalization Age, King Fahd University of Petroleum & Minerals, Dhahran, Saudi Arabia, 19–21. https://doi.org/10.1017 /CBO9781107415324.004
  11. Hermawan, S., Hariyanto, W., Sriyono, S., & Fediyanto, N. (2020). Keterkaitan the resources based theory dengan intellectual capital disclosure, implementasi pada website, dan respon manajemen perguruan tinggi. Jati: Jurnal Akuntansi Terapan Indonesia, 3(2), 55–69. https://doi.org/10.18196/jati.030227
  12. Lestari, P., Harmeidiyanti, S., Hasanah, U., & Widianingsih, R. (2013). Pengaruh intellectual capital terhadap kinerja keuangan dan kinerja pasar pada perusahaan multinasional di Indonesia. Jurnal InFestasi, 9(1), 9–18. https://doi.org/10.21107/infestasi.v9i1.501
  13. Muhammad, R., Mangawing, M. A., & Salsabilla, S. (2021). The influence of intellectual capital and corporate governance on financial performance of Islamic banks. Jurnal Ekonomi & Keuangan Islam, 7(1), 77–91. https://doi.org/10.20885/jeki.vol7.iss1.art6
  14. Muhammad, R., & Triharyono, C. (2019). Analysis of Islamic banking financial performance before, during and after global financial crisis. Jurnal Ekonomi & Keuangan Islam, 5(2), 80–86. https://doi.org/10.20885/jeki.vol5.iss2.art5
  15. Nimtrakoon, S. (2015). The relationship between intellectual capital, firms’ market value and financial performance. Journal of Intellectual Capital, 16(3), 587–618. https://doi.org/1108/JIC-09-2014-0104
  16. Safieddine, A., Jamali, D., & Noureddine, S. (2009). Corporate governance and intellectual capital: Evidence from an academic institution. Corporate Governance, 9(2), 146–157. https://doi.org/10.1108/14720700910946596
  17. Scott, W. R. (2015). Financial Accounting Theory (7 (ed.)). Pearson Prentice Hall.
  18. Tan, H. P., Plowman, D., & Hancock, P. (2007). Intellectual capital and financial returns of companies. Journal of Intellectual Capital, 8(1), 76–95. https://doi.org/10.1108/14691930710715079
  19. Trianto, B., Yuliaty, T., & Sabiu, T. T. (2021). Branchless banking and profitability in the Indonesian Islamic banking industry. Jurnal Ekonomi & Keuangan Islam, 7(2), 105–122. https://doi.org/10.20885/jeki.vol7.iss2.art4
  20. Ulum, I. (2013). Model Pengukuran kinerja intellectual capital dengan Ib-vaic di perbankan syariah. Inferensi, 7(1), 185. https://doi.org/10.18326/infsl3.v7i1.185-206
  21. Ulum, I., Ghozali, I., & Purwanto, A. (2014). Intellectual capital performance of Indonesian banking sector: A modified VAIC (M-VAIC) perspective. Asian Journal of Finance & Accounting, 6(2), 103. https://doi.org/10.5296/ajfa.v6i2.5246
  22. Valentinov, V., Roth, S., & Will, M. G. (2019). Stakeholder theory: A luhmannian perspective. Administration and Society, 51(5), 826–849. https://doi.org/10.1177/0095399718789076
  23. Warsono, S. (2009). Corporate governance concept and model: preserving true organization welfare (Vol 1). Center for Good Corporate.