Pub Date : 2021-04-20DOI: 10.15341/jbe(2155-7950)/04.12.2021/010
Mochamad Muslih
The organizational structure of the Indonesian Government is currently not efficient and not effective. Its structure is impressed too wide and long so that it raises unexpected costs and time delays and decreases governance. The purpose of this research is to study the organizational structure suitable for the Indonesian Government. This research uses qualitative research method with survey approach. The main reference in this research is Designing Effective Organization: Structures in Fives by Henry Mintzberg. The sample is academics and practitioners in governmental organizations. The results showed that a good organizational structure for the Government of Indonesia is functional organization form, the slim and short structure, so as to facilitate and speed up the communication process, the process of accountability, and accountability process in the implementation of government tasks, and finally increase government governance.
{"title":"Towards a Better Organizational Structure","authors":"Mochamad Muslih","doi":"10.15341/jbe(2155-7950)/04.12.2021/010","DOIUrl":"https://doi.org/10.15341/jbe(2155-7950)/04.12.2021/010","url":null,"abstract":"The organizational structure of the Indonesian Government is currently not efficient and not effective. Its structure is impressed too wide and long so that it raises unexpected costs and time delays and decreases governance. The purpose of this research is to study the organizational structure suitable for the Indonesian Government. This research uses qualitative research method with survey approach. The main reference in this research is Designing Effective Organization: Structures in Fives by Henry Mintzberg. The sample is academics and practitioners in governmental organizations. The results showed that a good organizational structure for the Government of Indonesia is functional organization form, the slim and short structure, so as to facilitate and speed up the communication process, the process of accountability, and accountability process in the implementation of government tasks, and finally increase government governance.","PeriodicalId":443031,"journal":{"name":"Political Economy - Development: Political Institutions eJournal","volume":"72 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126353380","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The update of the Markets in Financial Instruments Directive (henceforth MiFID II) regulation unbundles research cost from the commission fees since January 2018 in Europe. Using a unique data set, we answer three important policy questions: First, has the information content of the analyst research improved after MiFID II? Second, if recommendations are more informative, did MiFID II change the effects of analyst recommendations on investors’ portfolio decisions? Third, did banks use the potentially stronger responsiveness of investors to recommendations after MiFID II to steer their customers tighter to stocks they sell? Our key findings are that after the implementation of MiFID II, 1) the information context in particular with respect to the earnings per share predictions of analysts became more precise, 2) while the propensity to buy stocks did on average not change for households as a whole, we find that customers will buy more of a stock if their affiliated bank issued a buy recommendation on a stock and 3) banks can more strongly steer their affiliated customers to buy into stocks the bank intends to sell.
{"title":"The Markets in Financial Instruments Directive and Sensitivity of Investors’ Portfolio Allocation to Analyst Recommendations","authors":"Falko Fecht, P. Weber, Hui Xu","doi":"10.2139/ssrn.3949532","DOIUrl":"https://doi.org/10.2139/ssrn.3949532","url":null,"abstract":"The update of the Markets in Financial Instruments Directive (henceforth MiFID II) regulation unbundles research cost from the commission fees since January 2018 in Europe. Using a unique data set, we answer three important policy questions: First, has the information content of the analyst research improved after MiFID II? Second, if recommendations are more informative, did MiFID II change the effects of analyst recommendations on investors’ portfolio decisions? Third, did banks use the potentially stronger responsiveness of investors to recommendations after MiFID II to steer their customers tighter to stocks they sell? Our key findings are that after the implementation of MiFID II, 1) the information context in particular with respect to the earnings per share predictions of analysts became more precise, 2) while the propensity to buy stocks did on average not change for households as a whole, we find that customers will buy more of a stock if their affiliated bank issued a buy recommendation on a stock and 3) banks can more strongly steer their affiliated customers to buy into stocks the bank intends to sell.","PeriodicalId":443031,"journal":{"name":"Political Economy - Development: Political Institutions eJournal","volume":"130 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116500367","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Previous research has shown that more democratic countries suffered greater COVID-19 deaths per capita and implemented policy measures that were less effective at reducing deaths than less democratic countries in the early stages of the pandemic (Cepaluni et al. 2020, Cheibub et al. 2020). But to what extent is this "autocratic advantage" driven by populist governments in democracies? This chapter presents new evidence that the documented effect is not driven by the subset of democracies that have populist governments. While across the entire sample, populism is associated with a greater COVID-19 death toll per capita, the deleterious effect of populism is weaker in relatively more democratic states. We argue that weaker checks and balances in more authoritarian political institutions explain the differential effect. Moreover, when examining characteristics of populism, we document that left-wing populism and anti-elite populism has been more damaging in less democratic states. Our study pursues a series of statistical analyses, employing a battery of controls that is common in this literature and a sensitivity analysis showing that our findings are robust and most likely causal.
先前的研究表明，在大流行的早期阶段，与民主程度较低的国家相比，民主程度较高的国家的人均COVID-19死亡人数更高，并且实施的政策措施在减少死亡人数方面效果较差(Cepaluni et al. 2020, Cheibub et al. 2020)。但民主国家民粹主义政府在多大程度上推动了这种“专制优势”?本章提出了新的证据，证明记录在案的影响并非由拥有民粹主义政府的民主国家子集驱动。虽然在整个样本中，民粹主义与更高的人均COVID-19死亡人数有关，但在相对更民主的国家，民粹主义的有害影响较弱。我们认为，更专制的政治制度中较弱的制衡可以解释这种差异效应。此外，在考察民粹主义的特征时，我们发现左翼民粹主义和反精英民粹主义在民主程度较低的国家更具破坏性。我们的研究进行了一系列统计分析，采用了本文献中常见的一系列控制方法，并进行了敏感性分析，表明我们的发现是稳健的，最有可能是因果关系。
{"title":"Populism, Political Regimes, and COVID-19 Deaths","authors":"Gabriel Cepaluni, M. Dorsch, Semir Dzebo","doi":"10.2139/ssrn.3816398","DOIUrl":"https://doi.org/10.2139/ssrn.3816398","url":null,"abstract":"Previous research has shown that more democratic countries suffered greater COVID-19 deaths per capita and implemented policy measures that were less effective at reducing deaths than less democratic countries in the early stages of the pandemic (Cepaluni et al. 2020, Cheibub et al. 2020). But to what extent is this \"autocratic advantage\" driven by populist governments in democracies? This chapter presents new evidence that the documented effect is not driven by the subset of democracies that have populist governments. While across the entire sample, populism is associated with a greater COVID-19 death toll per capita, the deleterious effect of populism is weaker in relatively more democratic states. We argue that weaker checks and balances in more authoritarian political institutions explain the differential effect. Moreover, when examining characteristics of populism, we document that left-wing populism and anti-elite populism has been more damaging in less democratic states. Our study pursues a series of statistical analyses, employing a battery of controls that is common in this literature and a sensitivity analysis showing that our findings are robust and most likely causal.","PeriodicalId":443031,"journal":{"name":"Political Economy - Development: Political Institutions eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130672771","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Mustafa Nourallah, Christer Strandberg, Peter Öhman
The purpose is to investigate the experience of young bank customers (YBCs) with mobile bank applications (MBAs) by employing the concepts of usability, responsiveness, customer satisfaction, reliability, and loyalty. An electronic questionnaire was sent to 500 YBCs in Sweden, 146 of whom completed it. Confirmatory factor analysis was used to test the measurement model, and structural equation modelling to test the hypotheses. The results indicate that usability is a keystone of good MBA experience for YBCs. Usability is significantly and directly related to responsiveness, customer satisfaction, and reliability, and it might indirectly affect loyalty through responsiveness and customer satisfaction.
{"title":"Mobile Bank Applications: Loyalty of Young Bank Customers","authors":"Mustafa Nourallah, Christer Strandberg, Peter Öhman","doi":"10.2139/ssrn.3786872","DOIUrl":"https://doi.org/10.2139/ssrn.3786872","url":null,"abstract":"The purpose is to investigate the experience of young bank customers (YBCs) with mobile bank applications (MBAs) by employing the concepts of usability, responsiveness, customer satisfaction, reliability, and loyalty. An electronic questionnaire was sent to 500 YBCs in Sweden, 146 of whom completed it. Confirmatory factor analysis was used to test the measurement model, and structural equation modelling to test the hypotheses. The results indicate that usability is a keystone of good MBA experience for YBCs. Usability is significantly and directly related to responsiveness, customer satisfaction, and reliability, and it might indirectly affect loyalty through responsiveness and customer satisfaction.","PeriodicalId":443031,"journal":{"name":"Political Economy - Development: Political Institutions eJournal","volume":"79 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-02-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122898530","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Motivated by a recognition of the increased vulnerability of the banking sector to the COVID-19 pandemic, we examine market-based systemic risk and connectedness in the banking sector of Gulf Cooperation Council member countries, which include Bahrain, Kuwait, the Kingdom of Saudi Arabia (KSA), Oman, Qatar, and the United Arab Emirates (UAE). First, we apply conditional value-at-risk and marginal expected shortfall to measure tail risk between banks. These measures increased the most for the UAE, whereas Oman was almost unaffected. Second, to analyze the spillover effects of financial systemic risk, we apply the Granger-causality network method. The results reveal a remarkable rise in the percentage and number of significant Granger-causality links between banks for Kuwait and KSA during the pandemic. Oman and Qatar experienced an unnoticeable increase in bank return connectedness. Furthermore, the study identifies the bank characteristics that provide a shelter from the systemic shocks of the pandemic. The study findings indicate that income diversification is the most important variable for enhancing bank stability amid the pandemic. Our findings provide policy-related implications for understanding and mitigating risk shock transmission and the containment of systemic financial risk, in addition to multiple future lines of research.
{"title":"Impact of the COVID-19 Pandemic on Systemic Risk of Gulf Cooperation Council Banking","authors":"A. Maghyereh, Hussein Abdoh","doi":"10.2139/ssrn.3926438","DOIUrl":"https://doi.org/10.2139/ssrn.3926438","url":null,"abstract":"Motivated by a recognition of the increased vulnerability of the banking sector to the COVID-19 pandemic, we examine market-based systemic risk and connectedness in the banking sector of Gulf Cooperation Council member countries, which include Bahrain, Kuwait, the Kingdom of Saudi Arabia (KSA), Oman, Qatar, and the United Arab Emirates (UAE). First, we apply conditional value-at-risk and marginal expected shortfall to measure tail risk between banks. These measures increased the most for the UAE, whereas Oman was almost unaffected. Second, to analyze the spillover effects of financial systemic risk, we apply the Granger-causality network method. The results reveal a remarkable rise in the percentage and number of significant Granger-causality links between banks for Kuwait and KSA during the pandemic. Oman and Qatar experienced an unnoticeable increase in bank return connectedness. Furthermore, the study identifies the bank characteristics that provide a shelter from the systemic shocks of the pandemic. The study findings indicate that income diversification is the most important variable for enhancing bank stability amid the pandemic. Our findings provide policy-related implications for understanding and mitigating risk shock transmission and the containment of systemic financial risk, in addition to multiple future lines of research.","PeriodicalId":443031,"journal":{"name":"Political Economy - Development: Political Institutions eJournal","volume":"50 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-02-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133951770","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Godwin Uddin, Bode Ashogbon, Bolaji Martins, O. Momoh, Hope Agbonrofo, Samson Alika, Kingsley M. Oserei
The banks are central elements of a market economy. In more than one way, they facilitate business transactions by acting as depositor and lender for many actors in the domestic and international economy. The banking industry in Nigeria has expanded in size in terms of assets in the last 60 years since the country’s independence from British colonial rule and undergone large-scale reforms vis a vis transformation in the global economy. What are the dimensions of this growth? How has it affected market efficiency and economic wellbeing of the people? This article provides answers to these questions and argue that growth has indeed happened in the banking sector by a quantification of liquid assets, investment securities and loans. It also captured its transnational dimension and how that has boosted international transactions as well as repatriation of Diaspora transfers to the national economy. This article also focused on the contradictions of the economy arising from inconsistent policies of government and meddlesomeness of global financial institutions, and their impact on the banking sector. This article ends on a prescriptive note by suggesting ways to make the banking sector more relevant in promoting productive activities in the national economy.
{"title":"The Banking Sector and National Economy","authors":"Godwin Uddin, Bode Ashogbon, Bolaji Martins, O. Momoh, Hope Agbonrofo, Samson Alika, Kingsley M. Oserei","doi":"10.2139/ssrn.3773912","DOIUrl":"https://doi.org/10.2139/ssrn.3773912","url":null,"abstract":"The banks are central elements of a market economy. In more than one way, they facilitate business transactions by acting as depositor and lender for many actors in the domestic and international economy. The banking industry in Nigeria has expanded in size in terms of assets in the last 60 years since the country’s independence from British colonial rule and undergone large-scale reforms vis a vis transformation in the global economy. What are the dimensions of this growth? How has it affected market efficiency and economic wellbeing of the people? This article provides answers to these questions and argue that growth has indeed happened in the banking sector by a quantification of liquid assets, investment securities and loans. It also captured its transnational dimension and how that has boosted international transactions as well as repatriation of Diaspora transfers to the national economy. This article also focused on the contradictions of the economy arising from inconsistent policies of government and meddlesomeness of global financial institutions, and their impact on the banking sector. This article ends on a prescriptive note by suggesting ways to make the banking sector more relevant in promoting productive activities in the national economy.","PeriodicalId":443031,"journal":{"name":"Political Economy - Development: Political Institutions eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130852169","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
V. Malakhov, Mark Simon, D. Letnyakov, A. G. Osipov, A. Motin, Vera Vladimirova Marinova, Puchkov Yan, Lomov Dmitry
Russian Abstract: Понятие «политическая аккомодация» применительно к теории и практике управления культурным разнообразием могло бы обогатить российский академический словарь. Либерально-демократические государства изобрели специфические механизмы политической аккомодации культурных различий.
English Abstract:The notion of “political accommodation” applied to the theory and practice of managing cultural diversity could enrich the Russian academic dictionary. Liberal democratic states invented specific mechanisms for political accommodation of cultural differences. Thanks to these mechanisms, the part of the population of a democratic state that is not ready to dissolve into the ethnocultural majority is more or less protected.
{"title":"Политическая аккомодация культурных различий в индустриально развитых обществах (Political Accommodation of Cultural Differences in Industrialized Societies)","authors":"V. Malakhov, Mark Simon, D. Letnyakov, A. G. Osipov, A. Motin, Vera Vladimirova Marinova, Puchkov Yan, Lomov Dmitry","doi":"10.2139/ssrn.3860889","DOIUrl":"https://doi.org/10.2139/ssrn.3860889","url":null,"abstract":"<b>Russian Abstract:</b> Понятие «политическая аккомодация» применительно к теории и практике управления культурным разнообразием могло бы обогатить российский академический словарь. Либерально-демократические государства изобрели специфические механизмы политической аккомодации культурных различий. <br><br><b>English Abstract:</b>The notion of “political accommodation” applied to the theory and practice of managing cultural diversity could enrich the Russian academic dictionary. Liberal democratic states invented specific mechanisms for political accommodation of cultural differences. Thanks to these mechanisms, the part of the population of a democratic state that is not ready to dissolve into the ethnocultural majority is more or less protected. <br>","PeriodicalId":443031,"journal":{"name":"Political Economy - Development: Political Institutions eJournal","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130897798","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This chapter considers the judiciary’s reliance on human dignity as a constitutional value in Hong Kong, a special administrative region of the People’s Republic of China. The Hong Kong courts have invoked dignity in several cases involving a limited number of rights. While dignity has helped expand the scope of constitutional rights in some, it has functioned more restrictively in others. An examination of this jurisprudence allows for a reflection on debates about the role of dignity in comparative constitutional law more generally. Commentators have queried whether such a vague and imprecise term has any substantive meaning and whether it should be abandoned altogether. The chapter concludes that attention to context can mitigate concerns about dignity’s indeterminacy and contribute to its development as a holistic constitutional value. The relevant context is both universal and local. It includes dignity’s position as a broad-based foundational principle in international human rights law across all categories of civil political, economic, social and cultural rights. It also depends on domestic factors such as a jurisdiction’s constitutional framework and empirical realities that impact the realisation of dignity in any given setting. Such an approach is therefore characterised by both breadth and depth and enhances dignity’s potential to address a range of issues.
{"title":"Dignity as a Constitutional Value in Hong Kong: Toward a Contextual Approach?","authors":"K. Loper","doi":"10.2139/ssrn.3760907","DOIUrl":"https://doi.org/10.2139/ssrn.3760907","url":null,"abstract":"This chapter considers the judiciary’s reliance on human dignity as a constitutional value in Hong Kong, a special administrative region of the People’s Republic of China. The Hong Kong courts have invoked dignity in several cases involving a limited number of rights. While dignity has helped expand the scope of constitutional rights in some, it has functioned more restrictively in others. An examination of this jurisprudence allows for a reflection on debates about the role of dignity in comparative constitutional law more generally. Commentators have queried whether such a vague and imprecise term has any substantive meaning and whether it should be abandoned altogether. The chapter concludes that attention to context can mitigate concerns about dignity’s indeterminacy and contribute to its development as a holistic constitutional value. The relevant context is both universal and local. It includes dignity’s position as a broad-based foundational principle in international human rights law across all categories of civil political, economic, social and cultural rights. It also depends on domestic factors such as a jurisdiction’s constitutional framework and empirical realities that impact the realisation of dignity in any given setting. Such an approach is therefore characterised by both breadth and depth and enhances dignity’s potential to address a range of issues.","PeriodicalId":443031,"journal":{"name":"Political Economy - Development: Political Institutions eJournal","volume":"99 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114699093","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper studies the impact on welfare of changes in coverage levels within deposit insurance schemes. The paper builds on previous literature by adding the possibility of bailouts for too-big-to- fail banks and incorporating a time lag between deposit payout and recoveries. Banks are also allowed to adjust deposit rates, and I include the effect this has on welfare. I show how to link theoretical results in this expanded model to observable variables, and I apply it to Colombia’s 2017 increase in its coverage level. I estimate all the model’s parameters from data and calculate the impact on welfare of this increase in coverage. Benefits outweigh costs, although the net effect is modest in size and sensitive to some of the parameters. Key variables are size, the probability of default and the impact the change in the coverage level has on the amount of insured deposits. Bailouts have mixed effects but overall raise the costs of increasing coverage levels. So does including a time lag between payout and recoveries. Allowing banks to adjust deposit rates also leads to larger costs because of higher deposit rates.
{"title":"Coverage Levels in Deposit Insurance: to Increase or not to Increase","authors":"Juan Carlos Quintero-V","doi":"10.2139/ssrn.3808644","DOIUrl":"https://doi.org/10.2139/ssrn.3808644","url":null,"abstract":"This paper studies the impact on welfare of changes in coverage levels within deposit insurance<br>schemes. The paper builds on previous literature by adding the possibility of bailouts for too-big-to-<br>fail banks and incorporating a time lag between deposit payout and recoveries. Banks are also<br>allowed to adjust deposit rates, and I include the effect this has on welfare. I show how to link<br>theoretical results in this expanded model to observable variables, and I apply it to Colombia’s<br>2017 increase in its coverage level. I estimate all the model’s parameters from data and calculate<br>the impact on welfare of this increase in coverage. Benefits outweigh costs, although the net effect<br>is modest in size and sensitive to some of the parameters. Key variables are size, the probability<br>of default and the impact the change in the coverage level has on the amount of insured deposits.<br>Bailouts have mixed effects but overall raise the costs of increasing coverage levels. So does including a time lag between payout and recoveries. Allowing banks to adjust deposit rates also leads to larger costs because of higher deposit rates.","PeriodicalId":443031,"journal":{"name":"Political Economy - Development: Political Institutions eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115596349","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
R. Hamdani, Yunan Najamuddin, Padma Dwi Haryanto, M. Kholid
This study aims to determine whether or not there is a discrepancy in Corporate Social Responsibility (CSR) disclosure between sharia and conventional banks in Indonesia, and which CSR aspects are better between those two types of the banks. This study applied a quantitative approach. The analysis method used in this study to test the hypothesis was independent sample t-test. The method was applied to determine whether there is a significant difference in the average value between sharia and conventional banks. The number of samples in this study were 40 consisting of 20 Islamic banks and 20 conventional banks. The data taken were those between 2011 and 2014 which contained the information related to CSR. The results of this study indicated that there were significant differences in CSR disclosure between sharia and conventional banks. On average, CSR disclosure rate of sharia banks was higher than that of conventional banks. The weaknesses of CSR disclosure of sharia banks were in the aspects of environment and general information, while the weaknesses of CSR disclosure of conventional banks were in the aspects of energy, health and safety of the employee, product, and society involvement. Due to the limitation of this study in compiling the aspects of variables presented in Global Reporting Initiative (GRI) and Islamic Social Reporting (ISR), it is suggested for the future study to do further detail analysis to compile and to combine with the primary data in order to get the precise quality of the data disclosed by each bank.
{"title":"A Comparative Study on CSR Disclosure between Indonesian Islamic Banks and Conventional Banks: the Application of GRI and ISR Indexes","authors":"R. Hamdani, Yunan Najamuddin, Padma Dwi Haryanto, M. Kholid","doi":"10.2139/ssrn.3784318","DOIUrl":"https://doi.org/10.2139/ssrn.3784318","url":null,"abstract":"This study aims to determine whether or not there is a discrepancy in Corporate Social Responsibility (CSR) disclosure between sharia and conventional banks in Indonesia, and which CSR aspects are better between those two types of the banks. This study applied a quantitative approach. The analysis method used in this study to test the hypothesis was independent sample t-test. The method was applied to determine whether there is a significant difference in the average value between sharia and conventional banks. The number of samples in this study were 40 consisting of 20 Islamic banks and 20 conventional banks. The data taken were those between 2011 and 2014 which contained the information related to CSR. The results of this study indicated that there were significant differences in CSR disclosure between sharia and conventional banks. On average, CSR disclosure rate of sharia banks was higher than that of conventional banks. The weaknesses of CSR disclosure of sharia banks were in the aspects of environment and general information, while the weaknesses of CSR disclosure of conventional banks were in the aspects of energy, health and safety of the employee, product, and society involvement. Due to the limitation of this study in compiling the aspects of variables presented in Global Reporting Initiative (GRI) and Islamic Social Reporting (ISR), it is suggested for the future study to do further detail analysis to compile and to combine with the primary data in order to get the precise quality of the data disclosed by each bank.","PeriodicalId":443031,"journal":{"name":"Political Economy - Development: Political Institutions eJournal","volume":"142 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128588435","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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