FINANCIAL STABILITY IN ISLAMIC BANKS: DOES CORPORATE GOVERNANCE MATTER?
Keywords:
Financial stability, Corporate governance, islamic bankAbstract
This study aims to determine the effect of corporate governance on the financial stability of Islamic banks in Indonesia. Corporate governance is proxied by the sharia supervisory board, board of director, independent board of commissioners, board of commissioners and audit committee size. This study analyzes Islamic commercial banks registered with the Financial Services Authority. The data used is secondary data from the annual financial statements of Islamic commercial banks. The population in this study were all Islamic commercial banks listed on the Financial Services Authority in 2018-2022. The sampling technique used was purposive sampling technique and obtained a final sample of 11 Islamic commercial banks. The analysis technique used is panel data regression analysis. The results showed that the audit committee has a positive and significant effect on the financial stability of Islamic banks, the sharia supervisory board and the board of directors has a negative and significant effect on the financial stability of Islamic banks, and the independent board of commissioners and the board of commissioners have no significant effect on the financial stability of Islamic banks.
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