Abstract

This study tries to explore the spin-off strategy for the development of sharia insurance. Based on the review of the literature review, it was found that spin-offs are needed to develop sharia units to be more independent in running their business. Another benefit is the company's restructuring through the splitting of new business units which has an impact on better profitability. Many empirical cases prove that shareholders deliberately make spinoffs and have a direct impact with greater profit levels. Some of these impacts put spin-offs as a strategy to develop the company's equity value. Even so, the case of spin-off in sharia insurance also needs to be done carefully, bearing in mind the spin-off is capable of incurring transaction costs, especially in terms of providing HR and high Islamic capital insurance. Therefore, the spin-off requires institutional strengthening, reliable management, and human resource strengthening, so that the separated company can manage and manage the company independently.

Highlights

  • Kajian ini berusaha mendalami strategi pemisahan bagi pengembangan asuransi syariah

  • it was found that spin-offs are needed to develop sharia units to be more independent in running their business

  • the company's restructuring through the splitting of new business units which has an impact on better profitability

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Summary

PENDAHULUAN

Sektor keuangan adalah kelompok industri yang memberikan pelayanan keuangan kepada konsumen, para pelaku bisnis dan lembaga keuangan lainnya (Ayyubi, Anggraeni & Mahiswari, 2017). Beberapa argumen menyatakan bahwa spin-off mempunyai kemungkinan tinggi sebagai faktor beban bagi unit syariah dalam melaksanakan tuntutan pemerintah atas pemisahan dari induk perusahaan. Tulisan ini bertujuan untuk menganalisis secara mendalam melalui bauran teoritis dan empiris terkait kasus spin-off bagi pengembangan sektor keuangan syariah, khususnya untuk kasus asuransi syariah. Maka pengorganisasian dalam tulisan ini dibagi menjadi lima tahapan, yaitu: (i) pertama adalah melihat konstruksi secara teoritis terkait konsep spin-off; (ii) kedua adalah menguraikan motivasi pelaksanaan strategi spin-of, khususnya di sektor asuransi syariah; (iii) ketiga adalah mengeksplorasi risiko spin-off; (iv) keempat adalah menguraikan kelebihan spin-off; dan (v) kelima adalah membangun kerangka konseptual antara spin-off dan format yang tepat bagi pengembangan sektor keuangan syariah, khususnya bagi kasus asuransi syariah di Indonesia. Kontribusi dalam tulisan ini diharapkan mampu memberikan sumbangan bagi optimalisasi strategi spin-off kelembagaan unit syariah, khususnya bagi asuransi syariah pasca diberlakukannya UndangUndang Nomor 40 Tahun 2014 tentang Perasuransian

METODOLOGI PENELITIAN
Motivasi Pelaksanaan Spin-Off
KESIMPULAN
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