Journal of Hama University
vol.2 NO.11 -2019
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Journal of Hama University
vol.2 NO.11 -2019
The Effect of Applying the Corporate Governance Index Issued by the
General Council of Islamic Banks and Financial Institutions and the World
Bank on the Financial Performance of Syrian Is lamic Banks: A Case
Study
mukrim mubid
Razan Shahid
( Received: 12 March 2019 , Accepted : 30 Jun 2019)
Abstract
The aim of this study is to show the effect of applying the Corporate Governance Index
issued by the General Council of Islamic Banks and Financial Institutions and the World
Bank on the financial performance of Syria International Islamic Bank through illustrating the
effect of this application on the return on equity and the return of assets.
08
to 2017 in order to calculate the values of the 6 index axes, which are: management board,
management committees, internal auditing and external checking, risk governance, Shariabased governance, disclosure, and transparency.
The simple-linear-regression method was also used to examine the effect of applying the
above-mentioned index on the financial performance of Syria International Islamic Bank.
The study findings show that there is no statistically significant effect of applying the abovementioned
bank did not reach the full value of the index 36 degrees in the period studied.
Key words: Corporate Governance Index, Financial Performance, Islamic Banks
.
Journal of Hama University
vol.2 NO.11 -2019
Journal of Hama University
vol.2 NO.11 -2019
Journal of Hama University
vol.2 NO.11 -2019
Journal of Hama University
vol.2 NO.11 -2019
Journal of Hama University
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Journal of Hama University
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Journal of Hama University
Hong Kong Institute of
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Certified Public Acountants,2004
Journal of Hama University
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Journal of Hama University
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0
Journal of Hama University
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Journal of Hama University
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Journal of Hama University
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Journal of Hama University
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Journal of Hama University
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Model Summary
Model
R
.123a
1
Adjusted R
Std. Error of the
Square
Estimate
R Square
.015
-.040-
.129366479743
a. Predictors: (Constant), X
ANOVAb
Model
1
Sum of
Squares
Mean
df
Square
F
Regression
.005
1
.005
Residual
.301
18
.017
Total
.306
19
Sig.
.275
.606a
t
Sig.
a. Predictors: (Constant), X
b. Dependent Variable: y1
Coefficients
Model
Standardized
Unstandardized Coefficients
B
1
a
(Constant)
X
Std. Error
-.048-
.204
.004
.007
Coefficients
Beta
.123
-.236-
.816
.524
.606
a. Dependent Variable: y1
sig
Journal of Hama University
vol.2 NO.11 -2019
Model Summary
Model
R
.148a
1
Adjusted R
Std. Error of the
Square
Estimate
R Square
.022
-.032-
.0140265920834
a. Predictors: (Constant), X
ANOVAb
Model
Sum of
Mean
Squares
1
df
Square
Regression
.000
1
.000
Residual
.004
18
.000
Total
.004
19
F
Sig.
.405
.532a
a. Predictors: (Constant), X
b. Dependent Variable: y2
Coefficientsa
Model
Unstandardized
Standardized
Coefficients
Coefficients
B
1
(Constant)
Std. Error
-.007-
.022
.001
.001
X
Beta
.148
t
Sig.
-.334-
.742
.637
.532
a. Dependent Variable: y2
sig
Journal of Hama University
vol.2 NO.11 -2019
Journal of Hama University
vol.2 NO.11 -2019
17 Hong Kong Institute of Certified Public Accountants, 2004, Corporate governance
for public bodies: a basic framework, www.hkicpa.org.hk
Journal of Hama University
vol.2 NO.11 -2019