Does financial performance mediate the effect of good corporate governance on Indonesian Sukuk rating ?

العناوين الأخرى

هل يعد الأداء المالي للشركات وسيطا مؤثرا في الحوكمة الجيدة لتصنيف الصكوك الإندونيسية ؟

المؤلفون المشاركون

Sulistiani, Dwi
Tjahjadi, Bambang

المصدر

Journal of King Abdulaziz University : Islamic Economics

العدد

المجلد 35، العدد 2 (31 يوليو/تموز 2022)، ص ص. 96-113، 18ص.

الناشر

جامعة الملك عبد العزيز مركز النشر العلمي

تاريخ النشر

2022-07-31

دولة النشر

السعودية

عدد الصفحات

18

التخصصات الرئيسية

إدارة الأعمال
العلوم المالية والمصرفية

الملخص EN

Ṣukūk is one of the products of Islamic financial institutions IFIS), so the rating of such instruments should be considered.

This study aims to provide empirical evidence of the influence of Good Corporate Governance on Ṣukūk rating, with financial performance as a mediating variable.

Multiple regression, ordinal logistic regression and Sobel test were used to test the Assumptions on 222 Ṣukūk, which were listed on the Indonesia Stock Exchange as of December 31st, 2020.

The results show that the supervisory board's size, independence, experience, and the audit committee's size and experience directly affect the Ṣukūk rating.

Financial performance has also been shown to have a direct influence on Ṣukūk rating, which in turn can mediate the effect of the three elements of the Good Corporate Governance supervisory function on Ṣukūk rating, namely: the size of supervisory boards, the independence and the number of Sharīʿah supervisory boards.

It is therefore important for companies to pay due attention to the Good Corporate Governance, especially with regard to the supervisory function and financial performance to support Ṣukūk rating.

This study confirms that the existence of a Sharīʿah supervisory board can support the achievement of financial performance and Ṣukūk rating in IFIs.

نمط استشهاد جمعية علماء النفس الأمريكية (APA)

Sulistiani, Dwi& Tjahjadi, Bambang. 2022. Does financial performance mediate the effect of good corporate governance on Indonesian Sukuk rating ?. Journal of King Abdulaziz University : Islamic Economics،Vol. 35, no. 2, pp.96-113.
https://search.emarefa.net/detail/BIM-1408382

نمط استشهاد الجمعية الأمريكية للغات الحديثة (MLA)

Sulistiani, Dwi& Tjahjadi, Bambang. Does financial performance mediate the effect of good corporate governance on Indonesian Sukuk rating ?. Journal of King Abdulaziz University : Islamic Economics Vol. 35, no. 2 (Jul. 2022), pp.96-113.
https://search.emarefa.net/detail/BIM-1408382

نمط استشهاد الجمعية الطبية الأمريكية (AMA)

Sulistiani, Dwi& Tjahjadi, Bambang. Does financial performance mediate the effect of good corporate governance on Indonesian Sukuk rating ?. Journal of King Abdulaziz University : Islamic Economics. 2022. Vol. 35, no. 2, pp.96-113.
https://search.emarefa.net/detail/BIM-1408382

نوع البيانات

مقالات

لغة النص

الإنجليزية

الملاحظات

Includes bibliographical references : p. 109-112

رقم السجل

BIM-1408382