Pengaruh Kualitas Pengungkapan Good Corporate Governance, Leverage dan Firm Size terhadap Profitabilitas pada Bank Umum Syariah di Indonesia dan Malaysia

Abstract

The objective of this study was to determine the effect of the quality of good corporate governance disclosure, leverage, and firm size on profitability of Islamic commercial banks in Indonesia and Malaysia. The data was obtained from the websites of each bank in the period 2011-2017 with a total sample of 16 Islamic commercial banks in Indonesia and Malaysia. The data analysis technique used in this study was panel data regression analysis. Based on the results of analysis and testing that examined the effect of Quality of Good Corporate Governance (GCG) Disclosure, Leverage, and Firm Size on Profitability on Islamic Commercial Banks in Indonesia and Malaysia registered in each WEB of Islamic banking in the 2011-2017 observation period. Then the empirical results were obtained as follows: The quality of disclosure of GCG did not affect the profitability of Islamic commercial bank inIndonesia and Malaysia, it was because companies find it difficult to understand and feel only to burden the company's finances and think that disclosure was not profitable for the company. Leverage did not affect profitability because the Islamic commercial banks in Indonesia and Malaysia had a mean (average) of leverage value for the period 2011-2017 of 7.36%, which means it is still a small category where the maximum leverage value is 150% and for finance companies is 600% . So that the leverage variables of each Indonesian and Malaysian Islamic banking had no effect on profitability. Meanwhile, firm size had an effect on the profitability of Indonesian and Malaysian Islamic banking, because the greater the company's assets could increase the value of profitability.