Electronic Theses and Dissertation

ABSTRAK
Penelitian ini bertujuan untuk menguji dan menganalisis pengaruh Islamic
Corporate Governance (ICG) dan pengungkapan Islamic Social Reporting (ISR)
terhadap kinerja keuangan Bank Umum Syariah (BUS) di Indonesia, serta peran
Company Size sebagai variabel pemoderasi dalam hubungan tersebut. Kinerja
keuangan dalam penelitian ini diukur menggunakan Return on Assets (ROA).
Populasi penelitian ini adalah seluruh Bank Umum Syariah yang terdaftar di
Otoritas Jasa Keuangan (OJK) periode 2020–2024. Sampel dipilih menggunakan
teknik non probability sampling dengan metode purposive sampling (judgement
sampling), sehingga diperoleh 10 Bank Umum Syariah dengan total 50 observasi
selama periode pengamatan. Data dianalisis menggunakan metode regresi data
panel dan Moderated Regression Analysis (MRA). Hasil penelitian menunjukkan
bahwa ICG dan pengungkapan ISR berpengaruh negatif dan signifikan terhadap
kinerja keuangan BUS, yang diduga disebabkan oleh biaya kepatuhan tata kelola
syariah dan biaya pelaporan tanggung jawab sosial yang belum sepenuhnya
diimbangi manfaat pada bank dengan skala usaha terbatas. Namun demikian,
Company Size terbukti memoderasi (memperkuat) pengaruh ICG maupun
pengungkapan ISR terhadap kinerja keuangan, sehingga pada bank dengan skala
usaha yang lebih besar, penerapan ICG dan pengungkapan ISR dapat memberikan
dampak yang lebih baik terhadap kinerja keuangan. Temuan ini mengindikasikan
bahwa efektivitas tata kelola syariah dan transparansi tanggung jawab sosial
terhadap kinerja keuangan bank syariah sangat bergantung pada kapasitas dan skala
usaha bank yang bersangkutan. Hasil penelitian ini diharapkan dapat menjadi bahan
pertimbangan bagi manajemen bank syariah, regulator (OJK dan Dewan Pengawas
Syariah), maupun investor dalam menilai dan meningkatkan kinerja keuangan
perbankan syariah di Indonesia.

Kata Kunci: Islamic Corporate Governance, Islamic Social Reporting, Company
Size, kinerja keuangan, Bank Umum Syariah

ABSTRACT This study aims to examine and analyze the effect of Islamic Corporate Governance (ICG) and Islamic Social Reporting (ISR) disclosure on the financial performance of Islamic Commercial Banks (Bank Umum Syariah) in Indonesia, and to examine the role of Company Size as a moderating variable in these relationships. Financial performance is measured using Return on Assets (ROA). The population of this study consists of all Islamic Commercial Banks registered with the Financial Services Authority (OJK) during the 2020–2024 period. Samples were selected using a non-probability sampling technique with a purposive (judgement) sampling method, resulting in 10 Islamic Commercial Banks with a total of 50 observations over the observation period. Data were analyzed using panel data regression and Moderated Regression Analysis (MRA). The results show that ICG and ISR disclosure have a significant negative effect on the financial performance of Islamic Commercial Banks, which is presumably caused by the compliance costs of sharia governance and the reporting costs of social responsibility disclosure that have not been fully offset by benefits, particularly among banks with limited operational scale. However, Company Size is proven to moderate (strengthen) the effect of both ICG and ISR disclosure on financial performance, such that in larger banks, the implementation of ICG and ISR disclosure can produce a more favorable impact on financial performance. These findings indicate that the effectiveness of sharia governance and social responsibility transparency on the financial performance of Islamic banks is highly dependent on the bank's capacity and operational scale. The results of this study are expected to serve as a consideration for Islamic bank management, regulators (OJK and the Sharia Supervisory Board), and investors in assessing and improving the financial performance of Islamic banking in Indonesia. Keywords: Islamic Corporate Governance, Islamic Social Reporting, Company Size, Financial Performance, Islamic Commercial Banks