Pub Date : 2023-02-23DOI: 10.55284/eastjecofin.v8i1.874
Alex Maina Kamau
The purpose of this study was to investigate moderating effect of firm size on the relationship between underwriting risk and the financial performance of insurance firms in Kenya anchored on agency theory. Panel data was collected from 54 insurers that operated in Kenya for the ten years (2010-2018). The unbalanced panel data was analyzed using Random and Fixed effect model where Hausman test select model for testing the hypotheses. The study found that underwriting risk had a significant negative effect on financial performance. firm size negatively moderated the relationship between; underwriting risk and financial performance. High underwriting risk reduce financial performance, the situation is worse in larger firms than small firms. The study recommends that insurance firms should divert their focus towards increasing premium to reduce underwriting risk and enhance their financial performance. Finally, it is crucial for the insurance firms to utilize Equity Capital optimally such that it does not become a liability as a consequence of the interest paid.
{"title":"Underwriting risk, firm size and financial performance of insurance firms in Kenya","authors":"Alex Maina Kamau","doi":"10.55284/eastjecofin.v8i1.874","DOIUrl":"https://doi.org/10.55284/eastjecofin.v8i1.874","url":null,"abstract":"The purpose of this study was to investigate moderating effect of firm size on the relationship between underwriting risk and the financial performance of insurance firms in Kenya anchored on agency theory. Panel data was collected from 54 insurers that operated in Kenya for the ten years (2010-2018). The unbalanced panel data was analyzed using Random and Fixed effect model where Hausman test select model for testing the hypotheses. The study found that underwriting risk had a significant negative effect on financial performance. firm size negatively moderated the relationship between; underwriting risk and financial performance. High underwriting risk reduce financial performance, the situation is worse in larger firms than small firms. The study recommends that insurance firms should divert their focus towards increasing premium to reduce underwriting risk and enhance their financial performance. Finally, it is crucial for the insurance firms to utilize Equity Capital optimally such that it does not become a liability as a consequence of the interest paid.","PeriodicalId":443195,"journal":{"name":"Eastern Journal of Economics and Finance","volume":"106 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127303103","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}
Pub Date : 2022-09-07DOI: 10.55284/eastjecofin.v7i1.681
Dickson Kipchumba Singoei
The purpose of this study was to investigate the moderating effect of audit committee activities on the relationship board gender diversity on financial reporting quality of firms listed in Nairobi Securities Exchange (NSE). This study was anchored on the Upper Echelon theory and Stakeholder’s theory, The study employed a longitudinal research design and also a positivism philosophy was adopted in the study. A census approach was used whereby all the firms that remained continuously listed for 7 years for the period 2011-2017 inclusive were studied. The data collection instrument used in this study was data collection sheet. Fixed Effect Model (FEM) was used to analyze the panel data, since it was found to be an appropriate estimation technique by the Hausman test. The findings revealed that gender diversity had negative and statistically significant effect on financial reporting quality. However, audit committee activities positively moderated the relationship between gender diversity and financial reporting quality. Therefore, for financial reporting quality to be improved, the study recommends the following as attested by the findings. First, this study recommends that the board of directors of firms should be made up of directors that is not gender diverse, which is one gender should form a majority as this improves financial reporting quality. The findings of this study would provide essential guidelines for decision-making in regard to board gender diversity and audit committee activities for firms striving to enhance financial reporting quality.
{"title":"Board Gender Diversity, Audit Committee Activities and Financial Reporting Quality of Firms Listed in Nairobi Securities Exchange, Kenya","authors":"Dickson Kipchumba Singoei","doi":"10.55284/eastjecofin.v7i1.681","DOIUrl":"https://doi.org/10.55284/eastjecofin.v7i1.681","url":null,"abstract":"The purpose of this study was to investigate the moderating effect of audit committee activities on the relationship board gender diversity on financial reporting quality of firms listed in Nairobi Securities Exchange (NSE). This study was anchored on the Upper Echelon theory and Stakeholder’s theory, The study employed a longitudinal research design and also a positivism philosophy was adopted in the study. A census approach was used whereby all the firms that remained continuously listed for 7 years for the period 2011-2017 inclusive were studied. The data collection instrument used in this study was data collection sheet. Fixed Effect Model (FEM) was used to analyze the panel data, since it was found to be an appropriate estimation technique by the Hausman test. The findings revealed that gender diversity had negative and statistically significant effect on financial reporting quality. However, audit committee activities positively moderated the relationship between gender diversity and financial reporting quality. Therefore, for financial reporting quality to be improved, the study recommends the following as attested by the findings. First, this study recommends that the board of directors of firms should be made up of directors that is not gender diverse, which is one gender should form a majority as this improves financial reporting quality. The findings of this study would provide essential guidelines for decision-making in regard to board gender diversity and audit committee activities for firms striving to enhance financial reporting quality.","PeriodicalId":443195,"journal":{"name":"Eastern Journal of Economics and Finance","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121365271","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 purpose of this study was to determine how inclusions of women in corporate boards affect the value of listed firms in Nairobi and the Uganda Securities Exchange. The study used a panel research design and the data was obtained through content analysis from audited financial statements spanning from 2012 to 2019 and only 48 firms from NSE and 12 firms from USE met the inclusion and exclusion criteria. The fixed and random models were used to test the hypothesis. Hausman test was used for model selection and the fixed effect model was selected over random effects. Results; results revealed board gender diversity of listed firms in USE was higher compared to NSE. Further results showed that board gender diversity significantly and positively affects the value of listed firms in USE, while insignificantly affect the value of listed firms in NSE. Board gender diversity in USE significantly affects the firm value, while board gender diversity in NSE insignificantly affects the firm value. It can be concluded firms with a higher proportion of women on the board of directors have high firm value. This study can highlight the importance of including/appointing women as the board of directors in improving the value of companies. As the practical contribution to enhancing firm value, management of the companies and the investors should champion for more women appointed in corporate boards.
{"title":"A Comparative Study of Gender Diversity on Firm Value between Companies Listed on the Nairobi and Uganda Securities Exchange","authors":"Veronica Mukyala, L. Rono, Lagat Charles","doi":"10.20448/809.6.1.15.25","DOIUrl":"https://doi.org/10.20448/809.6.1.15.25","url":null,"abstract":"The purpose of this study was to determine how inclusions of women in corporate boards affect the value of listed firms in Nairobi and the Uganda Securities Exchange. The study used a panel research design and the data was obtained through content analysis from audited financial statements spanning from 2012 to 2019 and only 48 firms from NSE and 12 firms from USE met the inclusion and exclusion criteria. The fixed and random models were used to test the hypothesis. Hausman test was used for model selection and the fixed effect model was selected over random effects. Results; results revealed board gender diversity of listed firms in USE was higher compared to NSE. Further results showed that board gender diversity significantly and positively affects the value of listed firms in USE, while insignificantly affect the value of listed firms in NSE. Board gender diversity in USE significantly affects the firm value, while board gender diversity in NSE insignificantly affects the firm value. It can be concluded firms with a higher proportion of women on the board of directors have high firm value. This study can highlight the importance of including/appointing women as the board of directors in improving the value of companies. As the practical contribution to enhancing firm value, management of the companies and the investors should champion for more women appointed in corporate boards.","PeriodicalId":443195,"journal":{"name":"Eastern Journal of Economics and Finance","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-07-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133422257","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 study presents the Conceptual Analysis of the understanding, misunderstandings and the likely dangers of fiat money acceptance and usage among general masses. An attempt is made to validate the Austrian theory of instability of fiat money system via logical analysis. The objective of this research is to argue conclusively that the ever-increasing supplies of elastic money are the threat to the very stability of it. This paper elaborates on the origin and purpose of money and the unique characteristic with respect to its demand and supply. The beneficiaries of the paper money system are revealed to demonstrate how the system with its inherent disqualifications continues to run and flourish due to the benefits extended to certain segments of the economic system. Via conceptual thought process advanced by Humes, several models of money injection from simple to more complex and realistic approaches are adopted to argue conclusively that no economy can remain stable with ever-increasing supplies of flexible money. Money is not neutral, and any new injection of money distorts the market prices, creates misallocations of resources and disorients market participants. Investigating the feasibility of the fiat money system, this research endorses the fact that such monies can never act as a stimulant in every kind of economic activity without altering the very base of it.
{"title":"The Economic Dangers of the Fiat Money System: A Conceptual Analysis","authors":"Farah Durani","doi":"10.20448/809.4.1.1.13","DOIUrl":"https://doi.org/10.20448/809.4.1.1.13","url":null,"abstract":"This study presents the Conceptual Analysis of the understanding, misunderstandings and the likely dangers of fiat money acceptance and usage among general masses. An attempt is made to validate the Austrian theory of instability of fiat money system via logical analysis. The objective of this research is to argue conclusively that the ever-increasing supplies of elastic money are the threat to the very stability of it. This paper elaborates on the origin and purpose of money and the unique characteristic with respect to its demand and supply. The beneficiaries of the paper money system are revealed to demonstrate how the system with its inherent disqualifications continues to run and flourish due to the benefits extended to certain segments of the economic system. Via conceptual thought process advanced by Humes, several models of money injection from simple to more complex and realistic approaches are adopted to argue conclusively that no economy can remain stable with ever-increasing supplies of flexible money. Money is not neutral, and any new injection of money distorts the market prices, creates misallocations of resources and disorients market participants. Investigating the feasibility of the fiat money system, this research endorses the fact that such monies can never act as a stimulant in every kind of economic activity without altering the very base of it.","PeriodicalId":443195,"journal":{"name":"Eastern Journal of Economics and Finance","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123062988","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}
{"title":"Management of Zakat Payment Based on Fintech for the Good Corporate Governance Improvement","authors":"P. Utami, Basrowi, dan Julianas","doi":"10.20448/809.4.2.41.50","DOIUrl":"https://doi.org/10.20448/809.4.2.41.50","url":null,"abstract":"","PeriodicalId":443195,"journal":{"name":"Eastern Journal of Economics and Finance","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115695486","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}
Consumption of halal products in Indonesia continues to increase. In 2019, it is predicted, the ecommerce market in Indonesia will increase to 31% or equivalent to US $ 3.8 billion. Spike Choo, coutry director of Frost & Sullivan Indonesia stated that, "Poor infrastructure conditions and low access to financial institutions will be challenges for the e-commerce industry in Indonesia." Ecommerce halal products emerged as an alternative medium for buying and selling halal products. Responding to the phenomenon that occurs, optimizing the use of e-commerce is needed to face challenges and increase interest in halal products. A study of literature with a review of Islamic law regarding the use of e-commerce is done to find the right strategy as a step to optimize halal products. We find that in order to achieve the optimization of e-commerce halal products, the conditions that must be met are the fulfillment of halal-guaranteed product quality, the implications of resource empowerment, management of Islamic business, Islamic business ethics, Muslim consumer behavior and business capital.
{"title":"Optimization of Utilization of E-Commerce on Halal Products in Indonesia","authors":"P. Utami, Asriani","doi":"10.20448/809.4.1.14.23","DOIUrl":"https://doi.org/10.20448/809.4.1.14.23","url":null,"abstract":"Consumption of halal products in Indonesia continues to increase. In 2019, it is predicted, the ecommerce market in Indonesia will increase to 31% or equivalent to US $ 3.8 billion. Spike Choo, coutry director of Frost & Sullivan Indonesia stated that, \"Poor infrastructure conditions and low access to financial institutions will be challenges for the e-commerce industry in Indonesia.\" Ecommerce halal products emerged as an alternative medium for buying and selling halal products. Responding to the phenomenon that occurs, optimizing the use of e-commerce is needed to face challenges and increase interest in halal products. A study of literature with a review of Islamic law regarding the use of e-commerce is done to find the right strategy as a step to optimize halal products. We find that in order to achieve the optimization of e-commerce halal products, the conditions that must be met are the fulfillment of halal-guaranteed product quality, the implications of resource empowerment, management of Islamic business, Islamic business ethics, Muslim consumer behavior and business capital.","PeriodicalId":443195,"journal":{"name":"Eastern Journal of Economics and Finance","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128103476","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 purpose of this study was to investigate the influence of firm attributes on the financial performance of insurance firms in Kenya. The study was anchored on trade off theory. The research philosophy adopted was positivism while the correlation research design was adopted. The study used secondary data which was collected using data collection sheet from Insurance Regulatory Authority (IRA), Association of Kenya Insurers (AKI) and individual firms’ websites. The target population of the study was 52 insurers that operated in Kenya for the ten years (2010-2018). The unbalanced panel data was analyzed using Random and Fixed effect model where Hausman test was used to establish to test the hypothesis. The study found that leverage and liquidity had a significant negative effect on financial performance of insurance firms in Kenya. The study recommends that insurance firms to embrace feasible financial leveraging strategies that can boost firm profitability. Also, they need to conduct effective liquidity management to maximize the value of the company and its financial performance.
{"title":"Financial Performance of Insurance Firms. Does Leverage and Liquidity Matter? Evidence from Kenya","authors":"Alex Maina Kamau, T. Olweny, W. Muturi","doi":"10.20448/809.6.1.1.14","DOIUrl":"https://doi.org/10.20448/809.6.1.1.14","url":null,"abstract":"The purpose of this study was to investigate the influence of firm attributes on the financial performance of insurance firms in Kenya. The study was anchored on trade off theory. The research philosophy adopted was positivism while the correlation research design was adopted. The study used secondary data which was collected using data collection sheet from Insurance Regulatory Authority (IRA), Association of Kenya Insurers (AKI) and individual firms’ websites. The target population of the study was 52 insurers that operated in Kenya for the ten years (2010-2018). The unbalanced panel data was analyzed using Random and Fixed effect model where Hausman test was used to establish to test the hypothesis. The study found that leverage and liquidity had a significant negative effect on financial performance of insurance firms in Kenya. The study recommends that insurance firms to embrace feasible financial leveraging strategies that can boost firm profitability. Also, they need to conduct effective liquidity management to maximize the value of the company and its financial performance.","PeriodicalId":443195,"journal":{"name":"Eastern Journal of Economics and Finance","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130767541","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 purpose of this study was to describe the impact of eco and culture tourism on the economic life of the people of Gunugn Kelud, Ngancar, Kediri, East Java, Indonesia. The method used in the research is qualitative methods. Data was collected using interview and participatory observation methods. Data were analyzed using four stages of research including data collection, data classification, data filtering, and conclusion drawing. Based on the results of the analysis it was concluded that, with the existence of eco and culture tourism, the economic life of the community would increase. Eco and culture tourism are able to absorb a large number of unskilled and semiskilled workers. Eco and Culture tourism are able to contribute to the economic enthusiasm of the community, especially people who are looking for work and economically disadvantaged communities. The community is able to send their children to school well, and is able to provide hope for a better future.
{"title":"Impact of Eco-Tourism and Culture Tourism for Community Economy in Indonesia","authors":"Suwarno","doi":"10.20448/809.4.1.24.30","DOIUrl":"https://doi.org/10.20448/809.4.1.24.30","url":null,"abstract":"The purpose of this study was to describe the impact of eco and culture tourism on the economic life of the people of Gunugn Kelud, Ngancar, Kediri, East Java, Indonesia. The method used in the research is qualitative methods. Data was collected using interview and participatory observation methods. Data were analyzed using four stages of research including data collection, data classification, data filtering, and conclusion drawing. Based on the results of the analysis it was concluded that, with the existence of eco and culture tourism, the economic life of the community would increase. Eco and culture tourism are able to absorb a large number of unskilled and semiskilled workers. Eco and Culture tourism are able to contribute to the economic enthusiasm of the community, especially people who are looking for work and economically disadvantaged communities. The community is able to send their children to school well, and is able to provide hope for a better future.","PeriodicalId":443195,"journal":{"name":"Eastern Journal of Economics and Finance","volume":"92 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132573242","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 main aim of the paper was to establish the effect of operating cash flow on stock return of firms listed in NSE. The study was informed by Free Cash Flow (FCF) theory. Census survey was adapted to review financial statements for 29 listed non-financial firms at NSE that had consistent data for all the study variables. Secondary data was extracted for 12 years from 2007-2019 with the aid of a data collection sheet. Explanatory research design which is panel in nature was followed by this study. Both descriptive and inferential statistics were used in data analysis. Panel data regression was used to make inferences and test research hypothesis. Fixed and Random effects methods were used to analyze the balanced panel data using STATA statistical package and Hausman test established that Random effect model was the most ideal method to analyze data in this study. The findings indicated that operating cash flow positively and significantly influenced the stock returns for firms listed at NSE. The study concludes that operating cash flow information affects stock returns. Therefore, the study advocates for firms to increase their levels of operating cash flows through prudent utilization of cash resources since it enhances the stock returns.
{"title":"Effect of Operating Cash Flow on Stock Return of Firms Listed In Nairobi Security Exchange","authors":"Samoei Ben Kipngetich, Joel K Tenai, A. Kimwolo","doi":"10.20448/809.6.1.26.35","DOIUrl":"https://doi.org/10.20448/809.6.1.26.35","url":null,"abstract":"The main aim of the paper was to establish the effect of operating cash flow on stock return of firms listed in NSE. The study was informed by Free Cash Flow (FCF) theory. Census survey was adapted to review financial statements for 29 listed non-financial firms at NSE that had consistent data for all the study variables. Secondary data was extracted for 12 years from 2007-2019 with the aid of a data collection sheet. Explanatory research design which is panel in nature was followed by this study. Both descriptive and inferential statistics were used in data analysis. Panel data regression was used to make inferences and test research hypothesis. Fixed and Random effects methods were used to analyze the balanced panel data using STATA statistical package and Hausman test established that Random effect model was the most ideal method to analyze data in this study. The findings indicated that operating cash flow positively and significantly influenced the stock returns for firms listed at NSE. The study concludes that operating cash flow information affects stock returns. Therefore, the study advocates for firms to increase their levels of operating cash flows through prudent utilization of cash resources since it enhances the stock returns.","PeriodicalId":443195,"journal":{"name":"Eastern Journal of Economics and Finance","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131344651","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}
Digital banking and the accountability of good zakat can increase interest in paying zakat on the benchmarking of sharia. On the other hand, technological advances such as the use of artificial intelligence make the role of human resources shifted. Even though human resources (labor) are one of the potential sources of zakat revenue. Zakat literacy and interest in paying zakat are also low in Islamic banking. The researcher did not find zakat data in statistical reports on Islamic banks nationally. It seems that it was only found in the presentation of reports about the sources and uses of private Islamic bank zakat funds. This can lead to the perception that Islamic banks do not optimally manage zakat. Through literature studies, researchers provide a solution to how zakat management can be done to increase interest in paying zakat but can still maintain the use of human resources (work). The conclusion obtained is that interest in paying zakat on Islamic banks cannot be maximally realized if it is not supported by internal efforts. Efforts that can be made are transparency of zakat reports, increased literacy, acceleration and optimization of digital management of Islamic bank zakat.
{"title":"Digital Banking Reflection and Zakat Accoutability Sharia Banking in Indonesia","authors":"P. Utami","doi":"10.20448/809.4.1.31.40","DOIUrl":"https://doi.org/10.20448/809.4.1.31.40","url":null,"abstract":"Digital banking and the accountability of good zakat can increase interest in paying zakat on the benchmarking of sharia. On the other hand, technological advances such as the use of artificial intelligence make the role of human resources shifted. Even though human resources (labor) are one of the potential sources of zakat revenue. Zakat literacy and interest in paying zakat are also low in Islamic banking. The researcher did not find zakat data in statistical reports on Islamic banks nationally. It seems that it was only found in the presentation of reports about the sources and uses of private Islamic bank zakat funds. This can lead to the perception that Islamic banks do not optimally manage zakat. Through literature studies, researchers provide a solution to how zakat management can be done to increase interest in paying zakat but can still maintain the use of human resources (work). The conclusion obtained is that interest in paying zakat on Islamic banks cannot be maximally realized if it is not supported by internal efforts. Efforts that can be made are transparency of zakat reports, increased literacy, acceleration and optimization of digital management of Islamic bank zakat.","PeriodicalId":443195,"journal":{"name":"Eastern Journal of Economics and Finance","volume":"50 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123653442","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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