Islamic Model of Corporate Governance at the Islamic Boarding School

Journal of Business and Economics Review (JBER) Vol.2(1) 2017. 56-63

8 Pages Posted: 17 Jul 2017 Last revised: 20 Jul 2017

See all articles by Fatin Fadhilah Hasib

Fatin Fadhilah Hasib

Airlangga University

Sri Iswati

Airlangga University

Hartutik

Universitas Muhammadiyah Jakarta

Dwi Swasana Ramadhan

Airlangga University

Date Written: March 5, 2017

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.

Note: Type of Paper: Empirical

Keywords: Corporate Governance (CG); Bahrul Ulum Boarding School; Islamic Corporate Governance (ICG); Management; Organizational Structure

JEL Classification: G38, I21

Suggested Citation

Hasib, Fatin Fadhilah and Iswati, Sri and , Hartutik and Ramadhan, Dwi Swasana, Islamic Model of Corporate Governance at the Islamic Boarding School (March 5, 2017). Journal of Business and Economics Review (JBER) Vol.2(1) 2017. 56-63, Available at SSRN: https://ssrn.com/abstract=3000287

Fatin Fadhilah Hasib (Contact Author)

Airlangga University ( email )

Jl. Darmawangsa Dalam 2
Surabaya, 60286
Indonesia

Sri Iswati

Airlangga University ( email )

Jl. Darmawangsa Dalam 2
Surabaya, 60286
Indonesia

Hartutik

Universitas Muhammadiyah Jakarta ( email )

Cempaka Putih Tengah 27
Jakarta
Indonesia

Dwi Swasana Ramadhan

Airlangga University ( email )

Jl. Darmawangsa Dalam 2
Surabaya, 60286
Indonesia

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