Initiating the Concept of Ihsan into Shari'ah's Corporate Social Responsibility
Journal Title: GATR Accounting and Finance Review - Year 2016, Vol 1, Issue 1
Abstract
Objective - The objective of this study is to propose the implementation of the concept of ihsan intoa company's Shari'ah Corporate Social Responsibility (CSR). Methodology/Technique - Ihsan, as a concept in Islam, can be assessed from several approaches i.e., normative approach, theoretical approach, and empirical approach. A Company's CSR activities aim to provide welfare to stakeholders but many theories propose different points of view. The entity theory argues that stakeholders are the shareholders only while the enterprise theory holds a broader view suggesting that stakeholder are not only the shareholders but that other stakeholders are involved. Meanwhile, the Shari'ah's enterprise theory states that stakeholders include God, human, and nature. The difference existing among these theories motivate every company to implement the CSR activities based on the concept of ihsan. Findings - Results of this study show that the implementation of the concept of ihsaninto the Shari'ah's CSR could provide the Shari'ah added value. Novelty - This study contends thatthe CSR is not only to improve the reputation of the company but also to worship God via the concept of ihsan.
Authors and Affiliations
Ririn Irmadariyani, Isti Fadah, Diana Sulianti K. Tobing, Siti Maria Wardayati
Keywords
Related Articles
- EP ID EP184034
- DOI -
- Views 170
- Downloads 0
Ethical Sensitivity and The Perception of Accounting Students: Is the Love of Money and Greed the Root of Unethical Attitudes?
Objective - This research aims to investigate the influence of the love of money and greed on the individual's ethical sensitivity. Methodology/Technique - The samples used are 50 students of accounting from Jember Univ...
Why Is Non-Economic Information Important to Carbon Disclosure?
Objective - The purpose of this study is to provide the argument that carbon disclosure must not only provide economic but also non-economic information. The more comprehensive disclosure of carbon emission is expected t...
The Effect of IFRS Convergence on Earnings Quality: Empirical Evidence from Indonesia
Objective –The purpose of this research is to examine the impact of the International Financial Reporting Standard (IFRS) convergence in Indonesia on earnings quality. Methodology/Technique – Earnings quality is measured...
An Analysis of the Implementation of PSAK 69 at PT Perkebunan Nusantara V (Persero)
Objective - This study aims to identify the impact of the application of the PSAK 69 in plantation companies in Riau, particularly in PT Perkebunan Nusantara V (Persero), and the impact of PSAK 69 to the profit gained by...
Impact of Tri Hita Karana Culture on the Use of Accounting Information Systems and User Satisfaction as the Expression of Information System Success
Objective – The research aims to examine whether Tri Hita Karana (THK) culture influences the use of Acccounting Information System (AIS) and user satisfaction as the expression of Information Systems (IS) success. Metho...