The Role of Shariah Supervisory Board in Islamic Social Reporting Disclosure

Authors

Inon Listyorini, University of Technology Yogyakarta, Yogyakarta, IndonesiaFollow
Ristianawati Dwi Utami, School of Management, Wuhan University of Technology, ChinaFollow
Prasojo Prasojo, 120530180003Follow
Anisa Siti Amanda, State Islamic University Sunan Kalijaga, Yogyakarta, IndonesiaFollow

Abstract

Islamic Social Reporting (ISR) is a concept of social responsibility based on Islamic principles, assisting Islamic banks in enhancing transparency, accountability, and stakeholder relations. ISR encourages Islamic banks to increase their sustainable social responsibility to promote Islamic ethics in business practices. This study aims to analyze the impact of Sharia Supervisory Board (SSB) characteristics on ISR disclosure in Islamic banks in Indonesia. The analysis utilizes the unbalanced panel fixed effect model method and involves 15 Islamic banks from 2017 to 2021. The findings confirm that cross-member, expertise, and turnover of SSB have a significant positive effect. In contrast, the size, the education level, and remuneration of SSB do not affect ISR disclosure.

Recommended Citation

Listyorini, Inon; Utami, Ristianawati Dwi; Prasojo, Prasojo; and Amanda, Anisa Siti (2024) "The Role of Shariah Supervisory Board in Islamic Social Reporting Disclosure," Journal of Accounting Auditing and Business: Vol. 7: No. 2, Article 3.
Available at: https://journal.unpad.ac.id/jaab/vol7/iss2/3