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Islamic Model of Corporate Governance at The Islamic Boarding School

Author

Listed:
  • Fatin Fadhilah Hasib

    (Airlangga University, Indonesia. Author-2-Name: Sri Iswati Author-2-Workplace-Name: Airlangga University, Indonesia. Author-3-Name: Hartutik Author-3-Workplace-Name: Jakarta Muhammadiyah University, Indonesia Author-4-Name: Dwi Swasana Ramadhan Author-4-Workplace-Name: Airlangga University, Indonesia.)

Abstract

Objective - The aim of paper is to investigate whether traditional management, is the Islamic boarding school has implemented the Islamic Corporate Governance. Methodology/Technique - This research is a qualitative study using case study. Key Informant in this research is the General Secretary of Bahrul Ulum Foundation. The analysis technique used is the technique belong to Yin (2009) that divides three techniques for the analysis of case studies: the pairing pattern analysis techniques, the technique of making the explanation, the time series analysis technique. Findings - The findings indicate that in its implementation, corporate governance at Islamic boarding school based on the value of Tawhid. Furthermore, principle of transparency, accountability, responsibility, independence and fairness being the corporate governance principles at an Islamic boarding school. Research Implications: This study uses only one boarding school. Future studies are expected to examine more than one boarding school to obtain mixed results. Novelty - Based on the finding, the study suggests the ICG formulation will be found appropriate for every boarding school in Indonesia

Suggested Citation

  • Fatin Fadhilah Hasib, 2017. "Islamic Model of Corporate Governance at The Islamic Boarding School," GATR Journals jber127, Global Academy of Training and Research (GATR) Enterprise.
    • Handle: RePEc:gtr:gatrjs:jber127
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    References listed on IDEAS

    as
    1. Mohammad Al-Suhaibani & Nader Naifar, 2014. "Islamic Corporate Governance: Risk-Sharing and Islamic Preferred Shares الأسهم التفضيلية الإسلامية," Chapters of books published by the Islamic Economics Institute, KAAU or its faculty members., in: Islamic Economics Institute (ed.),Lectures in Islamic Economics and Finance, Selected From Wednesday Seminars-08 محاضرات في الاقتصاد والتمويل الإسلامي ، مختارة من حوارات الأربعاء - 08, edition 0, chapter 21, pages 245-268, King Abdulaziz University, Islamic Economics Institute..
    2. Mohammad Al-Suhaibani & Nader Naifar, 2014. "Islamic Corporate Governance: Risk-Sharing and Islamic Preferred Shares," Journal of Business Ethics, Springer, vol. 124(4), pages 623-632, November.
    3. Abu-Tapanjeh, Abdussalam Mahmoud, 2009. "Corporate governance from the Islamic perspective: A comparative analysis with OECD principles," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 20(5), pages 556-567.
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    Cited by:

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    More about this item

    Keywords

    Corporate Governance (CG); Bahrul Ulum Boarding School; Islamic Corporate Governance (ICG); Management; Organizational Structure.;
    All these keywords.

    JEL classification:

    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education

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