The Effect of Shariah Governance Implementation on Financial Performance via Corporate Social Responsibility
Abstract
Islamic banks demonstrate economic stability through the implementation of shariah-based business models and operational principles, particularly in reporting, especially in shariah governance implementation and corporate social responsibility (CSR) reporting. This study investigates how disclosures by the board of directors (BOD), shariah supervisory board(SSB), and audit committee(AC) impact financial performance, with CSR acting as a mediating variable. The research sample comprises Islamic banks in Indonesia from 2019 to 2023, the research sample consist of 12 Islamic banks in Indonesia, resulting in a total of 60 observations. Findings indicate that the BOD positively influences financial performance, while the supervisory board and audit committee exert an adverse effect. Additionally, CSR acts as a mediating variable between shariah governance implementation and financial performance. Institutions that acknowledge this importance are more inclined to dedicate adequate resources and focus to the development of effective CSR programs.
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References
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Ajili, H., & Bouri, A. (2018). Corporate governance quality of Islamic banks: measurement and effect on financial performance. International Journal of Islamic & Middle Eastern Finance & Management, 11(3), 470-487. https://doi.org/10.1108/IMEFM-05-2017-0131.
Alam, M. K., Rahman, M. M., Runy, M. K., Adedeji, B. S., & Hassan, M. F. (2022). The influences of shariah governance mechanisms on Islamic banks performance and shariah compliance quality. Asian Journal of Accounting Research, 7(1), 2-16. https://doi.org/10.1108/AJAR-11-2020-0112.
Al-Shaer, H., & Zaman, M. (2018). Credibility of sustainability reports: The contribution of audit committees. Business Strategy & the Environment, 27(7), 973–986. https://doi.org/10.1002/bse.2046.
Anggreni, M., Novianty, I., & Muflih, M. (1970). Pengaruh komite audit, dewan direksi dan dewan pengawas Syariah terhadap kinerja keuangan perbankan Syariah: Estimasi pengaruh langsung dan peran mediasi manajemen laba. I-Economics: A Research Journal on Islamic Economics, 8(1), 19-38. https://doi.org/10.19109/ieconomics.v8i1.12203.
Arinta, Y. N., & Lailaulfa, I. (2021). Improving financial performance through Islamic corporate governance, Islamic corporate social, and intellectual capital. DIRHAM Jurnal Ekonomi Islam, 2(1), 30-50. Doi: 10.53990/dirham.v2i1.139.
Arshad, R., Othman, S., & Othman, R. (2012). Islamic corporate social responsibility, corporate reputation and performance. International Journal of Business, Human & Social Science, 6(64), 1070. http://search.proquest.com/docview/ 1349445808?accountid=26646
Ayub, M. (2015). Understanding Islamic finance (pp. 1-516). John Wiley & Sons, Ltd. https://doi.org/10.1002/9781119209096.
Aziz, M. F., & Haron, R. (2021). Corporate social responsibility disclosure and financial performance of shariah PLCS in Malaysia. International Journal of Academic Research in Business & Social Sciences, 11(6), 333-353. https://doi.org/10.6007/ijarbss/v11-i6/10155.
Bédard, J., Chtourou, S., & Courteau, L. (2004). The Effect of Audit Committee Expertise, Independence, and Activity on Aggressive Earnings Management. Auditing-a Journal of Practice & Theory, 23(2), 13–35. https://doi.org/10.2308/aud.2004.23.2.13
Ben Abdallah, M., & Bahloul, S. (2021). Disclosure, shariah governance and financial performance in Islamic banks. Asian Journal of Economics & Banking, 5(3), 234–254. https://doi.org/10.1108/ajeb-03-2021-0038
Chazi, A., Mirzaei, A., & Zantout, Z. (2024). Are Islamic banks really resilient to crises: new evidence from the Covid-19 pandemic. International Journal of Islamic & Middle Eastern Finance & Management, 17(5), 1027-1043. https://doi.org/10.1108/IMEFM-06-2024-0279.
Darwanto, & Chariri, A. (2019). Corporate governance and financial performance in Islamic banks: The role of the sharia supervisory board in multiple-layer management. Banks & Bank Systems, 14(4), 183-191. https://doi.org/10.21511/bbs.14(4).2019.17.
Diana, N., Syafi’i, I., & Maulidiyah, N. N. (2024). Good corporate governance toward financial performance of Islamic bank in Indonesia. Jurnal Perbankan Syariah, 5(1), 173-190. https://doi.org/10.46367/jps.v5i1.1797.
Dowling, J., & Pfeffer, J. (1975). Organizational legitimacy: Social values and organizational behavior. Pacific Sociological Review, 18(1), 122-136. https://doi.org/10.2307/1388226.
El Hussein, N. H. A. (2018). The sharia supervisory board: Does it influence corporate social responsibility disclosure by Islamic banks? A Review. Journal of Islamic Studies & Culture, 6(1), 121-132. https://doi.org/10.15640/jisc.v6n1a13.
Farooq, M., & Zaheer, S. (2015). Are Islamic banks more resilient during financial panics? Pacific Economic Review, 20(1), 101-124. https://doi.org/10.1111/1468-0106.12096.
Ghassan, H. B., & Krichene, N. (2017). Financial stability of conventional and Islamic banks: A survey. MPRA Paper No. 82372. https://mpra.ub.uni-muenchen.de/82372/.
Grassa, R. (2013). Shariah supervisory system in Islamic financial institutions: New issues and challenges: A comparative analysis between Southeast Asia models and GCC models. Humanomics, 29(4), 333-348. https://doi.org/10.1108/H-01-2013-0001.
Grassa, R., & Matoussi, H. (2014). Corporate governance of Islamic banks: A comparative study between GCC and Southeast Asia countries. International Journal of Islamic & Middle Eastern Finance & Management, 7(3), 346-362. https://doi.org/10.1108/IMEFM-01-2013-0001.
Guthrie, J., & Abeysekera, I. (2006). Content analysis of social, environmental reporting: What is new? Journal of Human Resource Costing & Accounting, 10(2), 114-126. https://doi.org/10.1108/14013380610703120.
Hasan, M., & Dridi, J. (2011). The effects of the global crisis on Islamic and conventional banks: A comparative study. Journal of International Commerce, Economics & Policy, 2(2), 163-200. https://doi.org/10.1142/S1793993311000270.
Helfaya, A., & Moussa, T. (2017). Do board’s corporate social responsibility strategy and orientation influence environmental sustainability disclosure? UK evidence: Do board CSR strategy and orientation influence ESD? UK evidence. Business Strategy & the Environment, 26(8), 1061-1077. https://doi.org/10.1002/bse.1960.
Islamic Financial Standard Board. (2024). Stability report 2024 (pp. 1-123). Retrieved from https://www.ifsb.org/wp-content/uploads/2024/09/IFSB-Stability-Report-2024-8.pdf.
Jamali, D., Safieddine, A. M., & Rabbath, M. (2008). Corporate governance and corporate social responsibility synergies and interrelationships. Corporate Governance: An International Review, 16(5), 443-459. https://doi.org/ 10.1111/j.1467-8683.2008.00702.x.
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial. Journal of Financial Economics, 3(4), 305-360. http://dx.doi.org/10.1016/0304-405X(76)90026-X.
Jizi, M. (2015). How banks’ internal governance mechanisms influence risk reporting. Corporate Ownership & Control, 12(3), 55-72. https://doi.org/10.22495/cocv12i3p6.
Khaireddine, H., Salhi, B., Aljabr, J., & Jarboui, A. (2020). Impact of board characteristics on governance, environmental and ethical disclosure. Socieyt & Business Review, 15(3), 273-295. https://doi.org/10.1108/SBR-05-2019-0067.
Liu, J.-Y. (2018). An internal control system that includes corporate social responsibility for social sustainability in the new era. Sustainability, 10(10), 3382. https://doi.org/10.3390/su10103382.
Malik, M. S., & Makhdoom, D. D. (2016). Does corporate governance beget firm performance in Fortune global 500 companies? Corporate Governance: The International Journal of Business in Socieyt, 16(4), 474-764. https://doi.org/10.1108/CG-12-2015-0156.
Mallin, C., Farag, H., & Ow-Yong, K. (2014). Corporate social responsibility and financial performance in Islamic banks. Journal of Economic Behavior & Organization, 103, S21-S38. https://doi.org/10.1016/j.jebo.2014.03.001.
Mat Rahim, S. R., & Zakaria, R. (2013). Comparison on stability between Islamic and conventional banks in Malaysia. Journal of Islamic Economics, Banking & Finance, 9(3), 131-149.
Mollah, S., & Zaman, M. (2015). Shari’ah supervision, corporate governance and performance: Conventional vs Islamic banks. Journal of Banking & Finance, 58, 418-435. https://doi.org/10.1016/j.jbankfin.2015.04.030.
Mulianita, A., Sutarti, & Triandi. (2019). Pengaruh dewan komisaris dan komite audit terhadap kinerja keuangan perbankan syariah yang terdaftar di Bank Indonesia. Jurnal Ilmiah Akuntansi Kesatuan, 7(1), 219-223. https://jurnal.ibik.ac.id/index.php/jiakes/article/view/202.
Mushafiq, M., & Sehar, T. (2021). Reality of short-term causality of Islamic and conventional banking term deposit rates in Pakistan. Asian Journal of Economics & Banking, 5(1), 66-78. https://doi.org/10.1108/ajeb-10-2020-0072.
Musibah, A. S., & Alfattani, W. S. B. W. Y. (2014). The mediating effect of financial performance on the relationship between shariah supervisory board effectiveness, intellectual capital and corporate social responsibility, of islamic banks in gulf cooperation council countries. Asian Social Science, 10(17), 139-164. https://doi.org/10.5539/ass.v10n17p139.
Naushad, M., & Malik, S. A. (2015). Corporate governance and bank performance: A study of selected banks in GCC region. Asian Social Science, 11(9), 226-234. https://doi.org/10.5539/ass.v11n9p226.
Nomran, M. N., Haron, R., & Hassan, R. (2018). Shari’ah supervisory board characteristics effects on Islamic banks’ performance: Evidence from Malaysia. International Journal of Bank Marketing, 36(2), 290-304. https://doi.org/10.1108/IJBM-12-2016-0197.
Novita Trinanda Putri, & Rosana Eri Puspita. (2024). Are Islamic Banks more Stable than Conventional banks? Evidence from the Indonesian Bank. Mutanaqishah: Journal of Islamic Banking, 3(2), 75-85. https://doi.org/10.54045/mutanaqishah.v3i2.1029
Rahim, S. A., & Aisyah, E. N. (2025). Corporate Social Responsibility, Good Corporate Governance and Financial Sustainability: A Financial Stability Role. Asian Journal of Economics, Business & Accounting, 25(2), 231-242. https://doi.org/10.9734/ajeba/2025/v25i21677
Raihan, D. A. (2023). Analisis Pengungkapan Islamic Social Responsibility (Isr) Pada Perbankan Syariah Di Malaysia, Indonesia Dan Arab Saudi Periode 2016-2021. In Skripsi Prodi Akuntansi, FEB Universitas Syarif Hidayatullah, Jakarta. https://repository.uinjkt.ac.id/dspace/handle/123456789/76172%0Ahttps://repository.uinjkt.ac.id/dspace/bitstream/123456789/76172/1/Dimas Ardafie Raihan.pdf
Sayari, N., & Marcum, B. (2018). Corporate governance and financial performance in the emerging markets: Do ADRs perform any better than non-cross-listed firms?. In Emerging Markets: Corporate governance, performance and emerging issues (pp. 1– 19). IntechOpen. Retrieved from https://www.intechopen.com/chapters/58102.
Setiany, E. (2018). Audit committee characteristics and voluntary financial disclosure. Review of Integrative Business & Economics Research, 6(3), 239-253. https://www.researchgate.net/publication/325558334.
Stiglitz, J. E. (2002). Information and the change in the paradigm in economics. The American Economic Review, 92(3), 460-501. https://www.aeaweb.org/ articles?id=10.1257/00028280260136363.
Tabash, M. I. (2019). An empirical investigation on the relation between disclosure and financial performance of islamic banks in the United Arab Emirates. Journal of Asian Finance, Economics & Business, 6(4), 27-35. https://www.koreascience.kr/ article/JAKO201915658234155.pdf.
Taufiq, M. (2020). Optimalisasi peran dewan pengawas syariah di lembaga keuangan mikro syariah. Al-Huquq: Journal of Indonesian Islamic Economic Law, 2(1), 74-97. https://ejournal.iainmadura.ac.id/index.php/alhuquq/article/view/3350.
Wijayanti, R., & Setiawan, D. (2023). The role of the board of directors and the sharia supervisory board on sustainability reports. Journal of Open Innovation: Technology, Market, & Complexity, 9(3), 100083. https://doi.org/10.1016/ j.joitmc.2023.100083.
Adam, S.B. & Abubakar, S.H. (2023). A Review on Islamic Corporate Governance and Performance of Islamic Financial Institutions In Nigeria. UMYU Journal of Accounting & Finance Research, 5(1), 97-104. https://doi.org/10.61143/umyu-jafr.5(1)2023.008
Ajili, H., & Bouri, A. (2018). Corporate governance quality of Islamic banks: measurement and effect on financial performance. International Journal of Islamic & Middle Eastern Finance & Management, 11(3), 470-487. https://doi.org/10.1108/IMEFM-05-2017-0131.
Alam, M. K., Rahman, M. M., Runy, M. K., Adedeji, B. S., & Hassan, M. F. (2022). The influences of shariah governance mechanisms on Islamic banks performance and shariah compliance quality. Asian Journal of Accounting Research, 7(1), 2-16. https://doi.org/10.1108/AJAR-11-2020-0112.
Al-Shaer, H., & Zaman, M. (2018). Credibility of sustainability reports: The contribution of audit committees. Business Strategy & the Environment, 27(7), 973–986. https://doi.org/10.1002/bse.2046.
Anggreni, M., Novianty, I., & Muflih, M. (1970). Pengaruh komite audit, dewan direksi dan dewan pengawas Syariah terhadap kinerja keuangan perbankan Syariah: Estimasi pengaruh langsung dan peran mediasi manajemen laba. I-Economics: A Research Journal on Islamic Economics, 8(1), 19-38. https://doi.org/10.19109/ieconomics.v8i1.12203.
Arinta, Y. N., & Lailaulfa, I. (2021). Improving financial performance through Islamic corporate governance, Islamic corporate social, and intellectual capital. DIRHAM Jurnal Ekonomi Islam, 2(1), 30-50. Doi: 10.53990/dirham.v2i1.139.
Arshad, R., Othman, S., & Othman, R. (2012). Islamic corporate social responsibility, corporate reputation and performance. International Journal of Business, Human & Social Science, 6(64), 1070. http://search.proquest.com/docview/ 1349445808?accountid=26646
Ayub, M. (2015). Understanding Islamic finance (pp. 1-516). John Wiley & Sons, Ltd. https://doi.org/10.1002/9781119209096.
Aziz, M. F., & Haron, R. (2021). Corporate social responsibility disclosure and financial performance of shariah PLCS in Malaysia. International Journal of Academic Research in Business & Social Sciences, 11(6), 333-353. https://doi.org/10.6007/ijarbss/v11-i6/10155.
Bédard, J., Chtourou, S., & Courteau, L. (2004). The Effect of Audit Committee Expertise, Independence, and Activity on Aggressive Earnings Management. Auditing-a Journal of Practice & Theory, 23(2), 13–35. https://doi.org/10.2308/aud.2004.23.2.13
Ben Abdallah, M., & Bahloul, S. (2021). Disclosure, shariah governance and financial performance in Islamic banks. Asian Journal of Economics & Banking, 5(3), 234–254. https://doi.org/10.1108/ajeb-03-2021-0038
Chazi, A., Mirzaei, A., & Zantout, Z. (2024). Are Islamic banks really resilient to crises: new evidence from the Covid-19 pandemic. International Journal of Islamic & Middle Eastern Finance & Management, 17(5), 1027-1043. https://doi.org/10.1108/IMEFM-06-2024-0279.
Darwanto, & Chariri, A. (2019). Corporate governance and financial performance in Islamic banks: The role of the sharia supervisory board in multiple-layer management. Banks & Bank Systems, 14(4), 183-191. https://doi.org/10.21511/bbs.14(4).2019.17.
Diana, N., Syafi’i, I., & Maulidiyah, N. N. (2024). Good corporate governance toward financial performance of Islamic bank in Indonesia. Jurnal Perbankan Syariah, 5(1), 173-190. https://doi.org/10.46367/jps.v5i1.1797.
Dowling, J., & Pfeffer, J. (1975). Organizational legitimacy: Social values and organizational behavior. Pacific Sociological Review, 18(1), 122-136. https://doi.org/10.2307/1388226.
El Hussein, N. H. A. (2018). The sharia supervisory board: Does it influence corporate social responsibility disclosure by Islamic banks? A Review. Journal of Islamic Studies & Culture, 6(1), 121-132. https://doi.org/10.15640/jisc.v6n1a13.
Farooq, M., & Zaheer, S. (2015). Are Islamic banks more resilient during financial panics? Pacific Economic Review, 20(1), 101-124. https://doi.org/10.1111/1468-0106.12096.
Ghassan, H. B., & Krichene, N. (2017). Financial stability of conventional and Islamic banks: A survey. MPRA Paper No. 82372. https://mpra.ub.uni-muenchen.de/82372/.
Grassa, R. (2013). Shariah supervisory system in Islamic financial institutions: New issues and challenges: A comparative analysis between Southeast Asia models and GCC models. Humanomics, 29(4), 333-348. https://doi.org/10.1108/H-01-2013-0001.
Grassa, R., & Matoussi, H. (2014). Corporate governance of Islamic banks: A comparative study between GCC and Southeast Asia countries. International Journal of Islamic & Middle Eastern Finance & Management, 7(3), 346-362. https://doi.org/10.1108/IMEFM-01-2013-0001.
Guthrie, J., & Abeysekera, I. (2006). Content analysis of social, environmental reporting: What is new? Journal of Human Resource Costing & Accounting, 10(2), 114-126. https://doi.org/10.1108/14013380610703120.
Hasan, M., & Dridi, J. (2011). The effects of the global crisis on Islamic and conventional banks: A comparative study. Journal of International Commerce, Economics & Policy, 2(2), 163-200. https://doi.org/10.1142/S1793993311000270.
Helfaya, A., & Moussa, T. (2017). Do board’s corporate social responsibility strategy and orientation influence environmental sustainability disclosure? UK evidence: Do board CSR strategy and orientation influence ESD? UK evidence. Business Strategy & the Environment, 26(8), 1061-1077. https://doi.org/10.1002/bse.1960.
Islamic Financial Standard Board. (2024). Stability report 2024 (pp. 1-123). Retrieved from https://www.ifsb.org/wp-content/uploads/2024/09/IFSB-Stability-Report-2024-8.pdf.
Jamali, D., Safieddine, A. M., & Rabbath, M. (2008). Corporate governance and corporate social responsibility synergies and interrelationships. Corporate Governance: An International Review, 16(5), 443-459. https://doi.org/ 10.1111/j.1467-8683.2008.00702.x.
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial. Journal of Financial Economics, 3(4), 305-360. http://dx.doi.org/10.1016/0304-405X(76)90026-X.
Jizi, M. (2015). How banks’ internal governance mechanisms influence risk reporting. Corporate Ownership & Control, 12(3), 55-72. https://doi.org/10.22495/cocv12i3p6.
Khaireddine, H., Salhi, B., Aljabr, J., & Jarboui, A. (2020). Impact of board characteristics on governance, environmental and ethical disclosure. Socieyt & Business Review, 15(3), 273-295. https://doi.org/10.1108/SBR-05-2019-0067.
Liu, J.-Y. (2018). An internal control system that includes corporate social responsibility for social sustainability in the new era. Sustainability, 10(10), 3382. https://doi.org/10.3390/su10103382.
Malik, M. S., & Makhdoom, D. D. (2016). Does corporate governance beget firm performance in Fortune global 500 companies? Corporate Governance: The International Journal of Business in Socieyt, 16(4), 474-764. https://doi.org/10.1108/CG-12-2015-0156.
Mallin, C., Farag, H., & Ow-Yong, K. (2014). Corporate social responsibility and financial performance in Islamic banks. Journal of Economic Behavior & Organization, 103, S21-S38. https://doi.org/10.1016/j.jebo.2014.03.001.
Mat Rahim, S. R., & Zakaria, R. (2013). Comparison on stability between Islamic and conventional banks in Malaysia. Journal of Islamic Economics, Banking & Finance, 9(3), 131-149.
Mollah, S., & Zaman, M. (2015). Shari’ah supervision, corporate governance and performance: Conventional vs Islamic banks. Journal of Banking & Finance, 58, 418-435. https://doi.org/10.1016/j.jbankfin.2015.04.030.
Mulianita, A., Sutarti, & Triandi. (2019). Pengaruh dewan komisaris dan komite audit terhadap kinerja keuangan perbankan syariah yang terdaftar di Bank Indonesia. Jurnal Ilmiah Akuntansi Kesatuan, 7(1), 219-223. https://jurnal.ibik.ac.id/index.php/jiakes/article/view/202.
Mushafiq, M., & Sehar, T. (2021). Reality of short-term causality of Islamic and conventional banking term deposit rates in Pakistan. Asian Journal of Economics & Banking, 5(1), 66-78. https://doi.org/10.1108/ajeb-10-2020-0072.
Musibah, A. S., & Alfattani, W. S. B. W. Y. (2014). The mediating effect of financial performance on the relationship between shariah supervisory board effectiveness, intellectual capital and corporate social responsibility, of islamic banks in gulf cooperation council countries. Asian Social Science, 10(17), 139-164. https://doi.org/10.5539/ass.v10n17p139.
Naushad, M., & Malik, S. A. (2015). Corporate governance and bank performance: A study of selected banks in GCC region. Asian Social Science, 11(9), 226-234. https://doi.org/10.5539/ass.v11n9p226.
Nomran, M. N., Haron, R., & Hassan, R. (2018). Shari’ah supervisory board characteristics effects on Islamic banks’ performance: Evidence from Malaysia. International Journal of Bank Marketing, 36(2), 290-304. https://doi.org/10.1108/IJBM-12-2016-0197.
Novita Trinanda Putri, & Rosana Eri Puspita. (2024). Are Islamic Banks more Stable than Conventional banks? Evidence from the Indonesian Bank. Mutanaqishah: Journal of Islamic Banking, 3(2), 75-85. https://doi.org/10.54045/mutanaqishah.v3i2.1029
Rahim, S. A., & Aisyah, E. N. (2025). Corporate Social Responsibility, Good Corporate Governance and Financial Sustainability: A Financial Stability Role. Asian Journal of Economics, Business & Accounting, 25(2), 231-242. https://doi.org/10.9734/ajeba/2025/v25i21677
Raihan, D. A. (2023). Analisis Pengungkapan Islamic Social Responsibility (Isr) Pada Perbankan Syariah Di Malaysia, Indonesia Dan Arab Saudi Periode 2016-2021. In Skripsi Prodi Akuntansi, FEB Universitas Syarif Hidayatullah, Jakarta. https://repository.uinjkt.ac.id/dspace/handle/123456789/76172%0Ahttps://repository.uinjkt.ac.id/dspace/bitstream/123456789/76172/1/Dimas Ardafie Raihan.pdf
Sayari, N., & Marcum, B. (2018). Corporate governance and financial performance in the emerging markets: Do ADRs perform any better than non-cross-listed firms?. In Emerging Markets: Corporate governance, performance and emerging issues (pp. 1– 19). IntechOpen. Retrieved from https://www.intechopen.com/chapters/58102.
Setiany, E. (2018). Audit committee characteristics and voluntary financial disclosure. Review of Integrative Business & Economics Research, 6(3), 239-253. https://www.researchgate.net/publication/325558334.
Stiglitz, J. E. (2002). Information and the change in the paradigm in economics. The American Economic Review, 92(3), 460-501. https://www.aeaweb.org/ articles?id=10.1257/00028280260136363.
Tabash, M. I. (2019). An empirical investigation on the relation between disclosure and financial performance of islamic banks in the United Arab Emirates. Journal of Asian Finance, Economics & Business, 6(4), 27-35. https://www.koreascience.kr/ article/JAKO201915658234155.pdf.
Taufiq, M. (2020). Optimalisasi peran dewan pengawas syariah di lembaga keuangan mikro syariah. Al-Huquq: Journal of Indonesian Islamic Economic Law, 2(1), 74-97. https://ejournal.iainmadura.ac.id/index.php/alhuquq/article/view/3350.
Wijayanti, R., & Setiawan, D. (2023). The role of the board of directors and the sharia supervisory board on sustainability reports. Journal of Open Innovation: Technology, Market, & Complexity, 9(3), 100083. https://doi.org/10.1016/ j.joitmc.2023.100083.
Published
2025-11-03
How to Cite
FERNANDA, Hadiana; MUSLICHAH, muslichah.
The Effect of Shariah Governance Implementation on Financial Performance via Corporate Social Responsibility.
Journal of Accounting, Business and Management (JABM), [S.l.], v. 32, n. 2, p. 20-32, nov. 2025.
ISSN 2622-2167.
Available at: <https://journal.stie-mce.ac.id/index.php/jabminternational/article/view/1646>. Date accessed: 13 nov. 2025.
doi: https://doi.org/10.31966/jabminternational.v32i2.1646.
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Articles
