Kompetensi Dewan Direksi dan Manajemen Laba di Perbankan Syariah: Sebuah Tinjauan Literatur

Rahmat Fajar Ramdani

doi:10.61132/santri.v4i1.2206

Authors

Rahmat Fajar Ramdani Universitas Islam Negeri Raden Intan Lampung

DOI:

https://doi.org/10.61132/santri.v4i1.2206

Keywords:

AAOIFI, Directors’ competence, Earnings Manajemen, Syariah Bank, Syariah Supervisory Board

Abstract

This study aims to conduct a systematic synthesis of available empirical evidence to empirically ascertain the impact of Board of Directors' competence on earnings management practices in Islamic banking. The research employs a qualitative literature review approach. A literature search was performed on the Scopus database for the period 2010–2025, utilizing a combination of the keywords "Islamic bank," "Board of Director," and "Earnings Management." From an initial pool of 127 identified documents, a rigorous screening process based on inclusion and exclusion criteria yielded 53 reputable journal articles as the final units of analysis. Data analysis was conducted using thematic analysis to synthesize substantive findings. The synthesis results consistently confirm that Board of Directors' competence demonstrates a negative and significant impact on earnings management practices in Islamic banking. However, the effectiveness of this impact is not homogeneous. The principal findings identify three crucial boundary conditions: (1) The presence of specific expertise in finance and Sharia contracts at the board level serves as the primary differentiator of supervisory effectiveness; (2) The complementary interaction with the Sharia Supervisory Board (SSB) moderates the strength of this relationship; and (3) The regional institutional context (centralization model in Southeast Asia vs. decentralization in the GCC) significantly influences the effectiveness of governance in curbing the manipulation of discretionary accounts, including the Profit Equalization Reserve (PER).

Downloads

Download data is not yet available.

References

Boulanouar, Z., Grassa, R., Naouar, A., & El Ammari, A. (2026). Does Sharia governance deter bank risk-taking? Evidence from profit-sharing accounts and board financial expertise. Journal of Financial Reporting and Accounting, 1–31. https://doi.org/10.1108/JFRA-05-2025-0419

Boulila Taktak, N., Ben Slama Zouari, S., & Boudriga, A. (2010). Do Islamic banks use loan loss provisions to smooth their results? Journal of Islamic Accounting and Business Research, 1(2), 114–127. https://doi.org/10.1108/17590811011086714

Chaity, N. S., & Islam, K. M. Z. (2022). Bank efficiency and practice of earnings management: A study on listed commercial banks of Bangladesh. Asian Journal of Accounting Research, 7(2), 114–128. https://doi.org/10.1108/AJAR-09-2020-0080

Di Malaysia, P. I., Tunick, T., & Saleh, N. M. (2019). Kerelevenan Maklumat Rizab Penyamaan Keuntungan dalam Syarikat Induk. Jurnal Pengurusan, 55. https://www.scopus.com/inward/record.uri?eid=2-s2.0-85075770508&partnerID=40&md5=ee476cbe3ee4b53e35cb3bf965083c9b

Döme, Z., Sigmund, M., Elvina, V., Rudiawarni, F. A., Sulistiawan, D., Topçu, G., Callen, J. L., Segal, D., García Lara, J. M., García Osma, B., Penalva, F., Ha, J., Díaz-Sánchez, I., Martinez-Conesa, I., Illueca-Muñoz, M., Ghosh, S., Behn, M., Couaillier, C., Moy, M., … Anh, P. (2023). Political connections and bank behaviour. Journal of International Accounting, Auditing and Taxation, 20(3), 498–532. https://doi.org/10.1007/978-3-031-08087-6_21

Elghuweel, M. I., Ntim, C. G., Opong, K. K., & Avison, L. (2017). Corporate governance, Islamic governance, and earnings management in Oman: A new empirical insight from a behavioural theoretical framework. Journal of Accounting in Emerging Economies, 7(2), 190–224. https://doi.org/10.1108/JAEE-09-2015-0064

Elnahass, M., Salama, A., & Yusuf, N. (2022). Earnings management and internal governance mechanisms: The role of religiosity. Research in International Business and Finance, 59. https://doi.org/10.1016/j.ribaf.2021.101565

Ghaemi Asl, M., & Ghasemi Doudkanlou, M. (2022). How do Islamic banks manage earnings? Application of various measurement models in the Iranian Islamic banking system. ISRA International Journal of Islamic Finance, 14(3), 274–288. https://doi.org/10.1108/IJIF-02-2021-0040

Ghayad, R. (2008). Corporate governance and the global performance of Islamic banks. Humanomics, 24(3), 207–216. https://doi.org/10.1108/08288660810899368

Grassa, R., El-Halaby, S., & Khlif, H. (2023). Shariah board characteristics and Islamic banks’ performance: A meta-analysis. International Journal of Islamic and Middle Eastern Finance and Management, 16(6), 1089–1106. https://doi.org/10.1108/IMEFM-10-2022-0392

Hamza, H. (2013). Sharia governance in Islamic banks: Effectiveness and supervision model. International Journal of Islamic and Middle Eastern Finance and Management, 6(3), 226–237. https://doi.org/10.1108/IMEFM-02-2013-0021

Hijriah, H. Y., Kholidah, H., & Alkausar, B. (2021). Dual board governance structure and performance evaluation of Islamic banking: A comparative study among Islamic banks in Indonesia and Malaysia. Review of International Geographical Education Online, 11(8), 1047–1057. https://doi.org/10.48047/rigeo.11.08.91

Idris, M., Ahmad, A., Nimer, K., & Hassanein, A. (2025). Unraveling the impact of IFRS 9 expected credit loss model in the banking sector: An event study analysis. Journal of Financial Reporting and Accounting, November. https://doi.org/10.1108/JFRA-12-2024-0984

Khalil, A., & Ben Slimene, I. (2021). Financial soundness of Islamic banks: Does the structure of the board of directors matter? Corporate Governance (Bingley), 21(7), 1393–1415. https://doi.org/10.1108/CG-06-2020-0237

Kolsi, M. C., & Grassa, R. (2017). Did corporate governance mechanisms affect earnings management? Further evidence from GCC Islamic banks. International Journal of Islamic and Middle Eastern Finance and Management, 10(1), 2–23. https://doi.org/10.1108/IMEFM-07-2015-0076

Marchionne, F., Pisicoli, B., & Fratianni, M. (2022). Regulation, financial crises, and liberalization traps. Journal of Financial Stability, 63(July), 101060. https://doi.org/10.1016/j.jfs.2022.101060

Mollah, S., Skully, M., & Liljeblom, E. (2021). Strong boards and risk-taking in Islamic banks. Review of Corporate Finance, 1(1–2), 135–180. https://doi.org/10.1561/114.00000004

Mukhibad, H., Setiawan, D., Aryani, Y. A., & Falikhatun, F. (2024). Corporate governance and Islamic bank risk: Do the directors’ and the Shariah board’s diversity attributes matter? Corporate Governance (Bingley), 24(5), 1213–1234. https://doi.org/10.1108/CG-08-2022-0348

Musa, A., Abdul Latif, R., & Abdul Majid, J. (2025). Risk management committee and earnings management: Evidence from an emerging market. Journal of Accounting in Emerging Economies, 15(2), 273–305. https://doi.org/10.1108/JAEE-07-2023-0212

Musa, S., Masri, M. H., & Hamdan, M. B. (2025a). Sharia supervisory board, board attributes and real earnings management in Islamic banks. Journal of Islamic Monetary Economics and Finance, 11(1), 147–174. https://doi.org/10.21098/jimf.v11i1.2354

Musa, S., Masri, M., & Hamdan, M. (2025b). Audit committee attributes and real earnings management of Islamic banks. Journal of Islamic Accounting and Business Research. https://doi.org/10.1108/JIABR-03-2024-0075

Nafti, O., & Kateb, I. (2025). How can AAOIFI standards enhance Shariah and corporate boards’ oversight to curb earnings management in Islamic banks? Journal of Accounting in Emerging Economies, 1–31. https://doi.org/10.1108/JAEE-12-2024-0545

Nainggolan, Y. A., Prahmila, D. I., & Syaputri, A. R. (2023). Do board characteristics affect bank risk-taking and performance? Evidence from Indonesian and Malaysian Islamic banks. Journal of Management and Governance, 27(4), 1115–1145. https://doi.org/10.1007/s10997-022-09625-w

Othman, H. Ben, & Mersni, H. (2014). The use of discretionary loan loss provisions by Islamic banks and conventional banks in the Middle East region: A comparative study. Studies in Economics and Finance, 31(1), 106–128. https://doi.org/10.1108/SEF-02-2013-0017

Quttainah, M. A., Song, L., & Wu, Q. (2013). Do Islamic banks employ less earnings management? Journal of International Financial Management and Accounting, 24(3), 203–233. https://doi.org/10.1111/jifm.12011

Ratmono, D., Darsono, D., & Cahyonowati, N. (2025). The role of Sharia governance in reducing earnings management: An empirical study on Islamic banks. Global Business and Finance Review, 30(3), 120–132. https://doi.org/10.17549/gbfr.2025.30.3.120

Safiullah, M. (2021). Stability efficiency in Islamic banks: Does board governance matter? Journal of Behavioral and Experimental Finance, 29. https://doi.org/10.1016/j.jbef.2020.100442

Safiullah, M., Miah, M. D., Azad, A. S., & Hassan, M. K. (2024). Does the board of directors influence Shariah governance in Islamic banks? Pacific Basin Finance Journal, 85. https://doi.org/10.1016/j.pacfin.2024.102346

Saiful, S., & Dyah, A. (2019). Corporate governance and earnings management: A study of Indonesian conventional and Islamic banks. Proceedings of the 1st Aceh Global Conference (AGC 2018), 292(Agc), 662–667. https://doi.org/10.2991/agc-18.2019.99

Šestanj-perić, T., & Kozjak, S. K. (2020). The concept of prudence in theory and practice. Economic Systems, 9(1), 156–178. https://doi.org/10.20472/ES.2020.9.1.009