Determinan Pengungkapan Islamic Social Reporting pada Bank Umum Syariah di Indonesia

Arif Lukman Santoso, Zaki Murtadho Dhiyaul-Haq


This study aims to examine the determinants of the disclosure of Islamic Social Reporting (ISR) in the Indonesian Islamic banking industry. We used profitability, award and type of ownership as the determinants of Islamic Social Reporting. Profitability was proxied by the ROA, while the award was identified by a number of awards for CSR performance for one year, and the type of ownership was classified into four: government, family, foreign, and institutional ownership. The samples were Islamic banks (IB) in Indonesia, which had published annual report for the period of 2010-2014. The data were 53 annual reports of 12 IBs. Hypotheses were tested using multiple linear regression analysis. The results showed that profitability, award, and the type of ownership partially did not affect the disclosure of ISR. Further analysis was conducted to test the effect of all the variables on each theme in the index ISR. The results indicated that award had a positive effect on the social and corporate governance themes, and lastly type of ownership had an effect on the financial, product, human resources, social and governance themes.


Islamic Social Reporting; Profitability; Awards; Type of Ownership

Full Text:



Anas, A., Rashid H. M. A., & Annuar, H. A. (2015). The effect of award on CSR disclosures in annual reports of Malaysian PLCs. Social Responsibility Journal, 11(4), 831 – 852.

Askary, S. (2001). The Influence of Islamic Culture on the Accounting Values and Practices of Muslim Countries. Doctoral Dissertation, University of Newcastle.

Boesso, G., & Kumar, K. (2007). Drivers of corporate voluntary disclosure: a framework and empirical evidence from Italy and the United States. Accounting, Auditing & Accountability Journal, 20(2), 269-296.

Bradbury, M.E. (1991). Characteristics of firms and voluntary interim earnings disclosure: New Zealand evidence. Pacific Accounting Review, 3(1), 37-62.

Deegan, C. (2000). Financial Accounting Theory. NSW: McGraw-Hill Australia.

Demsetz, H. (1983). The structure of ownership and the theory of the firm. Journal of Law and Economics, 26(2), 375-390.

Dusuki, A. W. & Dar, H. (2007). Stakeholders’ Perceptions of Corporate Social Responsibility of Islamic Banks: Evidence from Malaysian Economy. Advances in Islamic Economics And Finance, 1(1), 289-417.

Eden, C. & Ackermann, F. (1998). Making Strategy: The Journey of Strategic Management. Sage Publications, London.

Freeman, R.E. & Reed, D.L. (1983). Stockholders and stakeholders: a new perspective on corporate governance. California Management Review, 25(3), 88-106.

Freeman, R.E. (1984). Strategic Management: a Stakeholder Approach. Pitman, Boston, MA.

Friedman, M. (1982). Capitalism and Freedom. USA: The University of Chicago.

Ghazali, N.A.M. (2007). Ownership structure and corporate social responsibility disclosure: some Malaysian evidence. Corporate Governance, 7(3), 251-266.

Graves, S.B. & Waddock, S. A (1994). Institutional owners and corporate social performance. Academy of Management Journal, 37(4), 1034-1046.

Greenwood, M. & Van Buren, III, H. J. (2010). Trust and stakeholder theory: trustworthiness in the organisation – stakeholder relationship. Journal of Business Ethics, 95(3), 425-438.

Haniffa, R., (2002). Social Reporting Disclosure-An Islamic Perspective. Indonesian Management & Accounting Research (IMAR journal), 1(2), 128-146.

Haniffa, R. & Hudaib M. (2007). Exploring the ethical identity of Islamic banks via communication in annual reports. Journal of Business Ethics, 76(1), 97-116.

Haniffa, R.M. & Cooke, T.E. (2005). The impact of culture and governance on corporate social reporting. Journal of Accounting and Public Policy, 24(5), 391-430.

Hinson, R. E. (2011). Online CSR reportage of award-winning versus non award-winning banks in Ghana. Journal of Information, Communication and Ethics in Society, 9(2), 102–115.

Inchausti, B.G., (1997). The influence of economy characteristics and accounting regulation on information disclosed by Spanish firms. The Europoean Accounting Review, 6(1), 45-68.

Jensen, M. C., & W. H. Meckling. (1976). Theory of The Firm: Managerial Behavior, Agency Costs and Ownership Structure. Journal of Financial Economics, 3(4), 305-360.

Johnson, R.A. & Greening, D.W. (1999). The effects of corporate governance and institutional ownership types on corporate social performance. Academy Management Journal, 42(5), 564-576.

Khairunnisa. (2010). Analisa Perbandingan Rasio Keuangan Bank Syariah Sebelum dan Sesudah Menerapkan Corporate Social Responsibility (CSR). Skripsi, UIN Syarif Hidayatullah, Jakarta.

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.

Laguir, I. & Elbaz, J. (2014). Family Firms And Corporate Social Responsibility (CSR): Preliminary Evidence From The French Stock Market. The Journal of Applied Business Research, 30(4), 971-988.

Lahouel, B. B., Peretti, J. M & Autissier, D. (2014). Stakeholder power and corporate social performance. Corporate Governance, 14(3), 363-381.

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

Maali, B., Casson, P. & Napier, C. (2003), Social Reporting by Islamic Banks, Discussion papers in Accounting and Finance, University of Southampton.

Muttakin, M. B., & Subramaniam, N. (2015). Firm ownership and board characteristics. Sustainability Accounting, Management and Policy Journal, 6(2), 138 – 165.

Oh, W.Y., Chang, Y.K. & Martynov, A. (2011). The effect of ownership structure on corporate social responsibility: empirical evidence from Korea. Journal of Business Ethics, 104(2), 283-297.

Othman, R., Thani A. M., & Ghani E. K. (2009). Determinants of Islamic Social Reporting Top Shariah- Approved Companies in Bursa Malaysia. Resarch Journal of International Studies, 1(12), 4-20.

Pramudinata, A. (2015). Pengaruh Ukuran Perusahaan, Umur Perusahaan, Profitabilitas, dan Leverage Terhadap Pengungkapan Islamic Social Reporting pada Bank Umum Syariah di Indonesia. Skripsi, Universitas Sebelas Maret, Surakarta.

Putri, S. M. K. (2014). Pengaruh Karakteristik Perusahaan Terhadap Pengungkapan Islamic Social Reporting Pada Perbankan Syariah. Skripsi, Universitas Sebelas Maret, Surakarta.

Raditya, A. N. (2012). Analisis Faktor-Faktor Yang Mempengaruhi Pengungkapan Islamic Social Reporting (ISR) Pada Perusahaan Yang Masuk Daftar Efek Syariah (DES). Skripsi, Universitas Indonesia, Depok.

Rokhlinasari, Sri (2015). Teori–Teori dalam Pengungkapan Informasi Corporate Social Responbility Perbankan. Al-Amwal: Jurnal Kajian Ekonomi dan Perbankan Syariah, 7(1), 1-11.

Schipper, K. (1981). Discussion of voluntary corporate disclosure: the case of interim reporting. Journal of Accounting Research, 19(1), 85-88.

Siregar, S. V., & Utama, S. (2005). Pengaruh Struktur Kepemilikan, Ukuran Perusahaan, dan Praktik Corporate Governance terhadap Pengelolaan Laba (Earning Management). Proceeding Simposium Nasional Akuntansi VII, Solo, 15-16 September 2005 , 475-490.

Villalonga, B. & Amit, R. (2006). How do family ownership, control, and management affect firm value? Journal of Financial Economics, 80(2), 385-417.

Watts, R. L., & Zimmerman, J. L. (1986). Positive Accounting Theory. USA: Prentice-Hall.

Zain, M.M. (1999). Corporate social reporting in Malaysia: The current state of the art and future prospects. University of Sheffield.

Zulkifli, N. & Amran, A. (2006). Realising corporate social responsibility in Malaysia. Journal of Corporate Citizenship, 24(101), 14.



  • There are currently no refbacks.

Published by:

Accounting Department supported by IAI KAPd Wilayah Aceh
Faculty of Business and Economics
Syiah Kuala University
Kopelma Darussalam, Banda Aceh, Indonesia - 23111
ISSN: 2355-9462, E-ISSN: 2528-1143


Creative Commons License
Jurnal Dinamika Akuntansi dan Bisnis by Prodi Akuntansi Universitas Syiah Kuala is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Based on a work at