The Quality of Financial Reporting: Sharia Supervisory Board Role in Zakat Management Organization
- DOI
- 10.2991/icse-15.2016.14How to use a DOI?
- Keywords
- sharia supervisory board, quality of financial reporting, zakat management organization.
- Abstract
Public trust is closely related to the quality of the financial information which is presented by Zakat Management Organization (ZMO). The information will be useful if the information is able to support the community decision-making to entrust their zakat to ZMO. Sharia Supervisory Board (SSB) is a very important organ in the Islamic financial institutions (IFIs), SSB ensures all the objectives of Islamic governance are achieved, which includes directing, reviewing and supervising all the activities of IFIs in order to adhere to sharia. This study aims to determine the relation role of sharia supervisory board on the quality of financial reporting. The method which is used in this study is a survey method. The unit of analysis in this study is the ZMO in Indonesia. The respondents in this study are director, member of the supervisory board of sharia as well as Zakat collection and utilization. The hypothesis testing uses moment product moment correlation and coefficient of determination (R2). The result of this research is the relation of sharia supervisory board role with the quality of financial reporting is positive and very strong.
- Copyright
- © 2016, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Elis Mediawati PY - 2016/04 DA - 2016/04 TI - The Quality of Financial Reporting: Sharia Supervisory Board Role in Zakat Management Organization BT - Proceedings of the 1st UPI International Conference on Sociology Education (UPI ICSE 2015) PB - Atlantis Press SP - 67 EP - 69 SN - 2352-5398 UR - https://doi.org/10.2991/icse-15.2016.14 DO - 10.2991/icse-15.2016.14 ID - Mediawati2016/04 ER -