Strategy for Achieving Social Performance of the Kanindo Syariah Cooperative, Dau Malang Branch

Muqaffi Abdillah, Asfi Manzilati, Iswan Noor

Abstract


For sharia financial institutions that runs their business based on the philosophy of the Qur'an and Sunnah, social performance is the basis for actors in interacting with the environment and each other. One method of reporting social performance for sharia companies is the Islamic Social Reporting Index method (ISR). However, this method is still considered inappropriate to be applied to sharia financial institutions, which requires sharia financial institutions to develop their own social strategies. This research aims to determine the strategy for achieving social performance in the Dau branch of the Kanindo Syariah cooperative and to dig deeper into the reasons why the ISR method is not suitable for application to Sharia Financial Institutions. This research uses descriptive qualitative research methods. The results of the research shows that Kanindo Syariah Dau branch has a strategy consisting of collecting and dsitributing social funds internally and externally. As for the ISR method, three conclusions were obtained which are the reasons why this method is not appropriate for sharia financial institutions, (1) lack of concern for the environment, (2) lack of understanding regarding maqashid sharia, and (3) lack of suitability for the environmental theme of the institutions which operates in the financial sector.

 

Keywords: Strategy, Social performance, Islamic Social Reporting Index, Sharia Financial Institutions, Environment.


Full Text:

PDF

References


Anoraga Panji, “Manajemen Bisnis.”, Jakarta : PT. Rineka Cipta, 2004.

Dean, K. L. (1998). “The chicken and the egg revisited: Ties between corporate social performance and the financial bottom line.” The Academy of Management Executive, 12(2).

Dirgantoro, Crown. “Manajemen Strategik: Konsep. Kasus dan Implementasi.” Jakarta: Grasindo, 2001.

Fitria, Soraya, and Dwi Hartanti. "Studi Perbandingan Pengungkapan Berdasarkan Global Reporting Initiative Indeks Dan Islamic Social Reporting Indeks." Simposium Nasional Akuntansi. Purwokerto. Proceeding (2010).

Haniffa, Ros. "Social reporting disclosure: An Islamic perspective." Indonesian Management & Accounting Research 1.2 (2002).

Ismail, Nurizal. Maqashid Syariah dalam Ekonomi Islam. Smart WR, 2014.

Kaplan, R. S., Norton D. P. (1992). “The Balanced Scorecard – Measures that DrivePerformance.” Harvard Business Review. Jan-Feb, Boston, United States of America.

Mahsun, M. (2014). Pengukuran Kinerja Sektor Publik. Yogyakarta: BPFE.

Mathew, Miles, and Michael Huberman. "Analisis Data Kualitatif.” Buku Sumber tentang Metode-metode Baru." Jakarta: UIP (1992).

Mishra, S., & Suar, D. (2010). “Do stakeholder management strategy and salience influence corporate social responsibility in Indian companies?.” Social Responsibility Journal, 6(2).

Neely, A.D., Adams, C.A. (2000). “The Performance Prism in Practice, Centre for Business Performance.” UK: Cranfield School of Management.

Othman, R., Md. Thani, A., K. Ghani, E. 2009. “Determinants of Islamic Social Reporting Among Top Shariah-Approved Companies in Bursa Malaysia.” Research Journal of International Studies – Issue 12(October, 2009).

Pearce II, John A., and Ricard B. Robinson Jr. "Manajemen Strategis Formulasi, Implementasi, Dan Pengendalian.” Jilid 1." (1997).

Pristiwantiyasih, Pristiwantiyasih. "Pentingnya Penetapan Strategi Berdasarkan Analisis Lingkungan Perusahaan." Media Mahardhika 16.3 (2018).

Reni, Dewi, and Ratna Puspita Sari. "Kinerja Keuangan Vs Kinerja Sosial; Studi Empiris pada Bank Umum Syari’ah di Indonesia." Islaminomics: Journal of Islamic Economics, Business and Finance 4.2 (2013).

Saifuddin, Ridwan. "Integerasi Fungsi Sosial Dan Fungsi Bisnis Baitul Maal Wat Tamwil (BMT) Di Lampung." Inovasi Pembangunan: Jurnal Kelitbangan 4.03 (2016).

Virgowati, Virgowati, and Muhammad Sholahuddin. “Analisis Kinerja Sosial Perbankan Syari’ah Di Indonesia (Studi Kasus pada Bank Syari’ah Mandiri, Bank Mega Syari’ah, dan Muamalat Indonesia).” Diss. Universitas Muhammadiyah Surakarta, 2013.

Waddock, S. A., & Graves, S. B. (1997). “The corporate social performance-financial performance link.” Strategic management journal, 18(4).

Zubaidah, Siti. "Pengaruh Biaya Sosial terhadap Kinerja Sosial dan Keuangan Perusahaan yang listing di Bursa Efek Jakarta." Skripsi Bandung: Institut Tinggi Bandung (2003).




DOI: https://doi.org/10.32535/jicp.v6i7.2768

Refbacks

  • There are currently no refbacks.


Copyright (c) 2023 Muqaffi Abdillah

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Flag Counter

Published by: 

AIBPM Publisher

Editorial Office:

JL. Kahuripan No. 9 Hotel Sahid Montana, Malang, Indonesia
Phone: +62 341 366222
Email: journal.jicp@gmail.com
Website: http://ejournal.aibpmjournals.com/index.php/JICP

Supported by: Association of International Business & Professional Management 

If you are interested to get the journal subscription you can contact us at admin@aibpm.org.

ISSN 2622-0989 (Print)
ISSN 2621-993X (Online)

DOI: Prefix 10.32535 by CrossREF

Journal of International Conference Proceedings (JICP) INDEXED:

   

In Process


This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.