The Role of Board of Commissioners in Islamic Social Reporting

Luluk Muhimatul Ifada, Department of Accounting, Faculty of Economics, Universitas Islam Sultan Agung, Indonesia
Chrisna Suhendi, Department of Accounting, Faculty of Economics, Universitas Islam Sultan Agung, Indonesia
Rustam Hanafi, Department of Accounting, Faculty of Economics, Universitas Islam Sultan Agung, Indonesia


Abstract: This research aims to investigate how the board of commissioners plays a role in influencing Islamic social reporting. The object of this study was the disclosure of Islamic social reporting in sharia banking in Indonesia, through secondary data. Data were analyzed using multiple linear regression analysis. The findings showed the role of the board of commissioners in influencing the extent of Islamic social reporting disclosure more likely through the size of the board of commissioners, not through an independent board of commissioners or the number of board meetings. Researchers found that challenge of a great opportunity for the board of commissioners to contribute to social responsibility of companies in accordance with the provisions of Islam.  

Keywords: Islamic social reporting, board of commissioners, sharia banks
Peran Dewan Komisaris dalam Islamic Social Reporting

Abstrak: Penelitian ini bertujuan untuk mengetahui peran dewan komisaris dalam mempengaruhi Islamic social reporting. Objek penelitian ini adalah pengungkapan Islamic social reporting pada perbankan syariah di Indonesia, melalui data sekunder. Analisis data menggunakan analisis regresi linier berganda. Temuan menunjukkan bahwa peran dewan komisaris dalam mempengaruhi pengungkapan Islamic social reporting cenderung melalui ukuran dewan komisaris, bukan melalui dewan komisaris independen atau jumlah rapat dewan. Peneliti menemukan bahwa terdapat tantangan yang menjadi peluang besar bagi dewan komisaris untuk berkontribusi pada tanggung jawab sosial perusahaan sesuai dengan ketentuan Islam.

Kata kunci: Islamic social reporting, board of commissioners, bank syariah


Islamic social reporting; board of commissioners; Shari’ah banks in Indonesia

Full Text:



Adams, R. B., & Mehran, H. (2005). Is Corporate Governance Different for Bank Holding Companies? SSRN Electronic Journal, (212).

Albuquerque, R., Koskinen, Y., & Zhang, C. (2019). Corporate social responsibility and firm risk: Theory and empirical evidence. Management Science, 65(10), 4451–4469.

Brick, I. E., & Chidambaran, N. K. (2010). Board meetings, committee structure, and firm value. Journal of Corporate Finance, 16(4), 533–553.

Charles, & Chariri. (2012). Analisis Pengaruh Islamic Corporate Governance terhadap Corporate Social Responsibility (Studi Kasus Pada Bank Syariah di Indonesia). Diponegoro Journal of Accounting, 5(1), 1–15.

Deng, X., Kang, J. koo, & Low, B. S. (2013). Corporate social responsibility and stakeholder value maximization: Evidence from mergers. Journal of Financial Economics, 110(1), 87–109.

Erika. (2020). Ada dua tugas utama melawan pendemik covid-19, pencegahan dan tindakan solutif. Retrieved from

Giroud, X., & Mueller, H. M. (2017). Firm leverage, consumer demand, and employment losses during the great recession. Quarterly Journal of Economics, 132(1), 271–316.

Gray, S., & Nowland, J. (2013). Is prior director experience valuable? Accounting and Finance, 53(3), 643–666.

Haniffa, R. M., & Cooke, T. E. (2002). Culture, corporate governance and disclosure in Malaysian corporations. Abacus, 38(3), 317–349.

Harford, J. (1999). Corporate cash reserves and acquisitions. Journal of Finance, 54(6), 1969–1997.

He, H., & Harris, L. (2020). The impact of Covid-19 pandemic on corporate social responsibility and marketing philosophy. Journal of Business Research, 116, 176–182.

Indrawaty, & Wardayati, S. M. (2016). Implementing Islamic Corporate Governance (ICG) and Islamic Social Reporting (ISR) in Islamic Financial Institution (IFI). Procedia - Social and Behavioral Sciences, 219, 338–343.

Kahle, K. M., & Stulz, R. M. (2013). Access to capital, investment, and the financial crisis. Journal of Financial Economics, 110(2), 280–299.

Khan, A., Muttakin, M. B., & Siddiqui, J. (2013). Corporate Governance and Corporate Social Responsibility Disclosures: Evidence from an Emerging Economy. Journal of Business Ethics, 114(2), 207–223.

Lestari, P. (2013). Determinants Of Islamic Social Reporting In Syariah Banks : Case Of Indonesia. International Journal of Business and Management Invention, 2(10), 28–34.

Mallin, C., Farag, H., & Ow-Yong, K. (2014). Corporate social responsibility and financial performance in Islamic banks. Journal of Economic Behavior and Organization, 103.

Meutia, I., & Febrianti, D. (2017). Islamic Social Reporting in Islamic Banking: Stakeholders Theory Perspective. SHS Web of Conferences, 34, 12001.

Othman, R., Thani, A. M., & Ghani, E. K. (2009). Determinants Of Islamic Social Reporting Among Top Shariah -Approved Companies In Bursa Malaysia. Research Journal of International Studies, 12(12), 4–20. Retrieved from

Pinkowitz, L., Stulz, R. M., & Williamson, R. (2016). Do U.S. firms hold more cash than foreign firms do? Review of Financial Studies, 29(2), 309–348.

Rahma, A. A. n, & Bukair, A. A. (2015). The Effect of the Board of Directors’ Characteristics on Corporate Social Responsibility Disclosure by Islamic Banks. Journal of Management Research, 7(2), 506.

Raimi, L., A., P., K., Y., & A., A. (2013). Exploring the theological foundation of Corporate Social Responsibility in Islam, Christianity and Judaism for Strengthening Compliance and Reporting: An Eclectic Approach. Issues In Social And Environmental Accounting, 7(4), 228.

Sulistyawati, A. I., & Yuliani, I. (2017). Pengungkapan Islamic Reporting Pada Indeks Saham Syariah Indonesia. Jorunal Of Accounting & Finance, 13(2), 15–27.

Sunarsih, U., & Ferdiansyah, F. (2016). Determinants of The Islamic Social Reporting Disclosure. Al-Iqtishad: Journal of Islamic Economics, 9(1), 69–80.



  • There are currently no refbacks.

Archive, Citation & Indexing:

More archive, citation, & indexing...

Creative Commons License

This site is licensed under a Creative Commons Attribution 4.0 International License