Implementation of Good Corporate Governance Principles in Improving the Performance of Indonesian Islamic Banks

Hasir; Mugiyati

doi:10.31943/afkarjournal.v8i2.1386

Authors

Hasir UIN Sunan Ampel Surabaya
Mugiyati UIN Sunan Ampel Surabaya

DOI:

https://doi.org/10.31943/afkarjournal.v8i2.1386

Keywords:

Implementation, Good Corporate Governance, Bank Syariah Indonesia

Abstract

This study seeks to examine the implementation of Good Corporate Governance (GCG) principles as a means to enhance the effectiveness of Islamic banking operations. GCG encompasses a framework of regulations, practices, and procedures aimed at guiding and overseeing organizational management. Within Islamic banking, GCG adoption serves not only to ensure regulatory adherence but also underscores the significance of ethical standards and adherence to sharia principles. The study employed a qualitative analysis utilizing a literature review method to investigate prior research conducted at Bank Syariah Indonesia. Data collection encompassed various sources such as books, journals, internet resources, and pertinent documents. Findings indicated that integrating Good Corporate Governance (GCG) principles like transparency, accountability, responsibility, independence, and fairness has yielded favorable outcomes on the operational and financial efficacy of Islamic banks. The research concluded that Islamic banks adhering steadfastly to GCG principles experience heightened stakeholder trust, diminished operational risks, and enhanced efficiency and effectiveness in conducting banking operations. Moreover, top management's dedication to embedding GCG principles across all facets of bank operations emerges as pivotal in attaining peak performance. The findings underscore the importance of reinforcing the application of GCG principles within Bank Syariah Indonesia to foster enduring performance. It is imperative to ensure that all operational facets align with sharia principles for sustained success. This study contributes significantly to GCG literature within the Islamic banking domain, furnishing actionable insights for industry decision-makers.

Downloads

Download data is not yet available.

References

Ainur. “Pengertian Good Corporate Governance.” Uajy, 2015, 9–28. http://e-journal.uajy.ac.id/25935/3/170323643 2.pdf.

Al-Mansour, I. “Corporate Governance in Global Islamic Financial Institutions (Emirates Islamic Bank Is the Case Study).” International Journal of Education and Research 3, no. 11 (2015): 125–36. https://www.ijern.com/journal/2015/November-2015/11.pdf.

Anggi. “Mengenal Pengertian Kinerja Dan Fungsi Penilaiannya Dalam Perusahaan.” accurate, 2022. https://accurate.id/marketing-manajemen/pengertian-kinerja/.

Bank Syariah Indonesia. “Bank Syariah Indonesia,” 2020. https://ir.bankbsi.co.id/report_of_the_board_of_commissioners.html.

Cantika, Yufi. “Pengertian Bank Syariah Beserta Fungsi Hingga Ciri-Nya.” gramedia blog, 2021. https://www.gramedia.com/literasi/syajaah/.

Darmansyah. “Siaran Pers: Kinerja Perbankan Yang Kuat Dan Stabil Dorong Optimisme Di Tengah Gejolak Globa.” OJK, 2023. https://ojk.go.id/id/berita-dan-kegiatan/siaran-pers/Pages/Kinerja-Perbankan-yang-Kuat-dan-Stabil-Dorong-Optimisme-di-Tengah-Gejolak-Global.aspx.

Dewi, Putri Indar. “Penerapan Good Corporate Governance (Gcg) Di Lembaga Perbankan Syariah.” Jurnal Ilmiah Al-Tsarwah 3, no. 2 (2020): 1–15. https://doi.org/10.30863/al-tsarwah.v3i2.1150.

Diana, Sri, Sulastiningsih Sulastiningsih, and Purwati Purwati. “Analisis Kinerja Keuangan Perbankan Syariah Indonesia Pada Masa Pandemi Covid-19.” Jurnal Riset Akuntansi Dan Bisnis Indonesia 1, no. 1 (2021): 111–25. https://doi.org/10.32477/jrabi.v1i1.327.

Dwiridotjahjono, Jojok. “Penerapan Good Corporate Governance : Manfaat Dan Tantangan Serta Kesempatan Bagi Perusahaan Publik Di Indonesia” 5, no. 2 (2010): 101–12.

Faqihuddin, Ahmad. “Tatakelola Syariah Pada Bank Syariah.” El-Arbah: Jurnal Ekonomi, Bisnis Dan Perbankan Syariah 3, no. 01 (2019): 19–34. https://doi.org/10.34005/elarbah.v3i01.912.

Fatha Pringgar, Rizaldy, and Bambang Sujatmiko. “Penelitian Kepustakaan (Library Research) Modul Pembelajaran Berbasis Augmented Reality Pada Pembelajaran Siswa.” Jurnal IT-EDU 05, no. 01 (2020): 317–29.

Finamore, Poliana da Silva, Rodolfo Silva Kós, João Carlos Ferrari Corrêa, D, Luanda André Collange Grecco, Tatiana Beline De Freitas, Julia Satie, et al. “No Titleامين.” Journal of Chemical Information and Modeling 53, no. February (2021): 2021. https://doi.org/10.1080/09638288.2019.1595750%0Ahttps://doi.org/10.1080/17518423.2017.1368728%0Ahttp://dx.doi.org/10.1080/17518423.2017.1368728%0Ahttps://doi.org/10.1016/j.ridd.2020.103766%0Ahttps://doi.org/10.1080/02640414.2019.1689076%0Ahttps://doi.org/.

Garini, Amelia Ardhya, and Zulkarnain Lubis. “Effectiveness Of The Implementation Of The Principles Of Good Corporate Governance At BSI KCP Jakarta.” Jurnal Ekonomi Bisnis Dan Perbankan Syariah 7, no. 2 (2023): 1–17.

GRC indonesia. “Good Corporate Governance (GCG): Pengertian, Prinsip, Manfaat, Dan Contohnya,” 2024. https://grc-indonesia.com/good-corporate-governance-gcg-pengertian-prinsip-manfaat-dan-contohnya/.

Indonesia, PT. Bank Syariah. E K S PA N S I D A N A K S E L E R A S I B I S N I S U N T U K P E R T U M B U H A N B E R K E L A N J U TA N, 2023.

Khairul, Petrizia, and Septiyani Putri Astutik. “Penerapan Prinsip-Prinsip Good Corporate Governance (GCG) Pada PT . Angkasa Pura II (Studi Pada Bandara Kualanamu Medan).” Jurnal Kewarganegaraan 6, no. 1 (2022): 1625–32.

Madjid, Taufan Adi Permana. “Pelaksanaan Prinsip Good Corporate Governance Pada Bank Syariah Melalui Peran Dewan Pengawas Syariah.” Syiar Hukum : Jurnal Ilmu Hukum 16, no. 1 (2019): 82–96. https://doi.org/10.29313/sh.v16i1.5132.

Maimun, and Dara Tzahira. “Prinsip Dasar Perbankan Syariah.” Al-Hiwalah: (Sharia Economic Law) 1, no. 1 (2022): 125–42.

Members, Faculty. “Memahami Konsep Yang Ada Dalam Corporate Governance.” binus univercity, 2020. https://accounting.binus.ac.id/2019/05/14/memahami-konsep-yang-ada-dalam-corporate-governance/.

Nasution, NR. “Analisis Penerapan Good Corporate Governance (GCG) Dalam Kaitannya Dengan Keefektifan Laba Perusahaan Pada RS. GL Tobing PTPN II (Persero) Tanjung Morawa Deli Serdang.” Universitas Medan Area, 2016, 1–27. http://repository.uma.ac.id/handle/123456789/1410.

Niaga, Cimb. “Memahami Apa Itu Bank Syariah Dan Jenis-Jenisnya.” Cimb Niaga, 2019. https://www.cimbniaga.co.id/id/inspirasi/perencanaan/pengertian-tentang-bank-syariah-dan-istilah-di-dalamnya.

PT Bank Mega Syariah. “Laporan Pelaksanaan Tata Kelola Perusahaan Yang Baik,” 2021. https://www.megasyariah.co.id/bms-new/tentang-kami/lap-gcg-2021.pdf.

Putra, Muhammad Deni. “MAQASID AL SHARI’AH DALAM KEUANGAN ISLAM (TINJAUAN TEORITIS ATAS PEMIKIRAN DR AHCENE LAHSASNA).” ILTIZAM Journal of Sharia Economic Research 1, no. 1 (2017): 61. https://doi.org/10.30631/iltizam.v1i1.95.

Rivai. “Pengaruh Kinerja Individu Dan Kelompok Terhadap Kinerja Organisasi.” Manajemen Internasional 17 (2018): 8–33.

Sanarta, Krisna. “Mengenal Manfaat Good Corporate Governance Bagi Perusahaan.” Regulatory Compliance System, 2023. https://rcs.hukumonline.com/insights/good-corporate-governance.

Setiawan, Junet Andi, and Mugiyati Mugiyati. “Peluang Dan Tantangan Bank Syariah Di Indonesia Dalam Mempertahankan Eksistensi Di Era Digital.” Al-Kharaj : Jurnal Ekonomi, Keuangan & Bisnis Syariah 6, no. 1 (2023): 834–45. https://doi.org/10.47467/alkharaj.v6i1.2396.

Wikipedia. “Bank Syariah Indonesia.” Wikipedia, 2024. https://en.wikipedia.org/wiki/Bank_Syariah_Indonesia.

Wilarjo, Setia Budhi. “Pengertian, Peranan, Dan Perkembangan Bank Syariah Di Indonesia.” Igarss 2014 2, no. 1 (2014): 1–5.

Yanti, Nursantri, and Ridayanti. “Jurnal Ilmu Kompuer, Ekonomi Dan Manajemen.” Jurnal Ilmu Komputer, Ekonomi Dan Manajemen (JIKEM) 2, no. 1 (2022): 1272–81.