ANALISIS PENERAPAN ISLAMIC CORPORATE GOVERNANCE (ICG) TERHADAP RELEVANSI NILAI AKUNTANSI DAN LEVERAGE PADA BANK SYARIAH

Abstract

Islamic Corporate Governance is a model of Good Corporate Governance that incorporates governance structures and processes designed to protect the rights and interests of all stakeholders in accordance with Sharia law. Islamic Corporate Governance is one of the predictive factors that can enhance performance. This study aims to analyze the effect of the implementation of Islamic Corporate Governance (ICG) on accounting value relevance and leverage in Islamic banks. The population of this study includes 14 Islamic banks listed on the Indonesia Stock Exchange (IDX) and Financial Services Authority (OJK) for the period 2019–2023, with a sample consisting of 70 annual report data points. Data analysis was conducted using EViews 12 software. The results of this study indicate that Islamic Corporate Governance has no significant effect on the book value per share of Islamic banks, no significant effect on earnings per share, and also no significant effect on leverage.

Keywords: Islamic Corporate Governance (ICG), Relevance of Accounting Value, Book Value of Islamic Banks, Profit per Share of Islamic Banks, Leverage.