The Influence of Quality of Financial Statements of Waqf Institutions on Stakeholder Trust
DOI:
https://doi.org/10.30603/ab.v19i1.3558Keywords:
Quality of Financial Statements, Waqf Institutions, Stakeholder TrustAbstract
This study aims to analyze the effect of the quality of the financial statements of waqf institutions in Riau on stakeholder trust. This study used primary data obtained by distributing questionnaires to 157 stakeholders who always interact with waqf institutions. Data analysis methods used in this study include research instrument and hypothesis testing using regression analysis. The results of the study show that the quality of the waqf institution's financial statements has an effect on stakeholder trust. This is based on the calculated t value of 5.851 with a significance level of 0.000 (<0.05) and t table 1.972141. This shows that t count is greater than t table (5.851 > 1.972141). The results of this study concluded that the quality of the waqf institution's financial statements affects stakeholder trust
References
AFID, A. N. H. (2023) ‘Pengaruh Transparansi Dan Akuntabilitas Terhadap Kepercayaan Donatur Wakaf Melalui Crowdfunding’.
Arifin, M.M., Handajani, L., Alamsyah. 2016. Quality of Financial Statement and Stakeholder Trust (Study on the Working Unit of the Mataram KPPN Work Area), JAFFA .Vol. 04 No. 2 October 2016. pp. 121 – 144. https://www.researchgate.net/publication/334366740_KUALITAS_LAPORAN_KEUANGAN_DAN_KEPERCAYAAN_STAKEHOLDER_Studi_Pada_Satuan_Kerja_Wilayah_Kerja_KPPN_Mataram
Aryana, K. P. and Yuliafitri, I. (2023) ‘Penerapan Good Nazhir Governance berdasarkan Waqf Core Principle pada Wakaf Salman ITB’, Jurnal Riset Akuntansi dan Keuangan, 11(1), pp. 87–96.
INDONESIA, P. R. (2004) ‘Undang-Undang Republik Indonesia Nomor 41 Tahun 2004 tentang Wakaf’.
Barantum.(2023). Learn What is "Trust" and Its Importance in a Business. https://www.barantum.com/blog/trust-adalah/. Accessed on 19 March 2023.
Bramantyo,B.A.,Sudirman,I.,Umar,F.2022. The Influence of Service Quality and Customer Satisfaction on the Trust and Loyalty (The Case of Marine Customers of the Indonesian National Shipping Company). HJBS Volume 4 No 1 Volume 4 No 1 February 2022 . pp.62-72.DOI: http://doi.org/10.26487/hjbs.v4i2.51510.26487/hjbs.v4i2.515
Beest, F. V., Braam, G., & Boelens, S. (2009). Quality of financial reporting: Measuring qualitative characteristics. Nijmegen Center of Economics working Paper 09-108. Retrieved from http://www.ru.nl/nice/workingpapers
Cambridge Dictionary.2022.Trust. https://dictionary.cambridge.org/dictionary/english-indonesian/trust.
CFA Institute.2022. Financial Reporting Quality. https://www.cfainstitute.org/en/membership/professional-development/refresher-readings/financial-reporting-quality#:~:text=Financial%20reporting%20quality%20can%20be,incomplete%20but%20possibly%20pure%20fabrication).
Cho,J.E.,Hu,H.2009. The effect of service quality on trust and commitment varying across generations. International Journal of Consumer Studies 33 (2009).pp.468–476. https://www.researchgate.net/publication/230308734_The_effect_of_service_quality_on_trust_and_commitment_varying_across_generations .
Dewata, E., Hadi, H., & Jauhari, H. (2016). Determinants of financial reporting quality and its implications on the financial performance of state-owned enterprises (SOEs). Risk governance & control: financial markets & institutions, 6(4, special issue), 521-530. https://doi.org/10.22495/rgcv6i4siart11
DuBay, W. H. (2004). The principles of readability. Retrieved from http://en.copian.ca/library/research/readab/readab.pdf
Fanani,Z.(2011). Determinant Factors Of Financial Reporting Quality And Economic Consequences. Jurnal Keuangan dan Perbankan, Vol.15, No.1 Januari 2011, pp. 23–39. https://jurnal.unmer.ac.id/index.php/jkdp/article/view/997/639
Handoko, B.L. 2021. Stakeholder Theory and Its Relationship With Sustainability Report. https://accounting.binus.ac.id/2021/07/13/stakeholder-theory-dan-connection-with-sustainability-report/
Herath,S.K.,Albarqi,N.2017. Financial Reporting Quality: A Literature Review. International Journal of Business Management and Commerce Vol. 2 No. 2; March 2017. Pp.1.-14.https://www.ijbmcnet.com/images/Vol2No2/1.pdf
IASB (2008). Exposure draft of an improved conceptual framework for financial reporting: The objective of financial reporting and qualitative characteristics of decision-useful financial reporting information. Retrieved from http://www.assb.gov.sg/docs/attachments/EDofChapters1a nd2theJointImprovedConceptualFramework.pdf
Mucharam, E.A. 2021. The House of Representatives Reveals Reasons for Lack of Public Trust in the Cash Waqf Movement. https://www.merdeka.com/uang/dpr- Revealed-reason-minimnya-belief-public-to-movement-wakaf-uang.html. Accessed 7 February 2023
Munandar, A. and Hasan, A. (2023) ‘Tinjauan Mekanisme Pengelolaan Wakaf Uang Berbasis Digital Pada Lembaga Wakaf Majelis Ulama Indonesia Pusat’, Jurnal Ilmiah Ekonomi Islam, 9(1), pp. 1057–1063.
Nazir, H. A. F. (2022) ‘Ahmad Furqon Sampaikan Pengelolaan Aset Wakaf secara Produktif’, Kementerian Agama Kota semarang, 1 December. Available at: https://kotasemarang.kemenag.go.id/berita/ahmad-furqon-sampaikan-pengelolaan-aset-wakaf-secara-produktif/.
Nederpelt, P. V. (2011). Attributes of quality reports. Retrieved from http://www.oqrm.org/English/2011_Attributes_of_quality_reports.pdf
Pasaribu,F.,Sari,W.P.,Bulan,T.R.N.,Astuty,W.2022. The effect of e-commerce service quality on customer satisfaction, trust and loyalty. International Journal of Data and Network Science. 6 (2022). Pp.1077–1084 . http://www.growingscience.com/ijds/Vol6/ijdns_2022_103.pdf
Permana, D. D. (2023) ‘Peluang dan tantangan Wakaf Uang di kaum milenial’, JurnalPost.com. Available at: https://jurnalpost.com/peluang-dan-tantangan-wakaf-uang-di-kaum-milenial/47109/.
Putra, W.E., Kusuma, I.L., Dewi, M.W.2021. Factors Influencing the Quality of Financial Statements and Organizational Commitment as Moderating Variables. National Seminar Proceedings & Call For Papers ISSN Online: 2654-6590 | ISSN Print: 2654-5306. pp.148-161. https://prosiding.stie-aas.ac.id/index.php/prosenas/article/view/107/105
Rusli, D. Y. et al. (2023) ‘Perkembangan Wakaf Uang di Indonesia Dampaknya Terhadap Kemajuan Pesantren’, Ad-Deenar: Jurnal Ekonomi dan Bisnis Islam, 7(01), pp. 37–48.
Tang, Q, Chen, H., Zhijun L. (2008). Financial reporting quality and investor protection: a global investigation, Working Paper.
Tang, Q. Chen, H. & Lin, Z (2016). How to measure country-level financial reporting quality? Journal of Financial Reporting and Accounting, 14 (2), 230-265
Team Iris Carbon.(2023). Improving Financial Reporting Quality: Strategies and Best Practices. https://iriscarbon.com/improving-financial-reporting-quality-strategies-and-best-practices/. accessed 27 March 2023
Thi,H.N.D., Hanh Dao Thi,H.D.(2022). A Quality Financial Report: A Conceptual Analysis International Journal of Research in Vocational Studies (IJRVOCAS), April 2022,2(1), 26–32. https://journal.gpp.or.id/index.php/ijrvocas/article/view/90/48
Wijaya,A.F.B.,Surachman,S.,Mugiono,M.2020. The Effect Of Service Quality, Perceived Value And Mediating Effect Of Brand Image On Brand Trust. JMK, VOL 22, No. 1, MARCH 2020, pp.45–56 .ISSN 1411-1438 print / ISSN 2338-8234 online. DOI: 10.9744/jmk.22.1.45–56. https://jurnalmanajemen.petra.ac.id/index.php/man/article/view/22675/20064
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Wali Saputra, Bakri Bakri
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
