Purpose

This study aims to investigate the impact of the accounting and auditing organisation for Islamic financial institution (AAOIFI) governance disclosure on the performance of Islamic banks (IBs).

Design/methodology/approach

The ordinary least squares regression model was used to test the impact of AAOIFI governance disclosure on the performance of 126 IBs from 8 countries that mandatorily adopt the AAOIFI standards for three years (2013–2015). In this regression model, return on asset (ROA) and return on equity (ROE) are the dependent variables, while AAOIFI governance disclosure is the independent variable. Corporate governance mechanisms, firm characteristics, year dummy and country dummy are used as control variables.

Findings

This paper found an insignificant relationship between AAOIFI governance disclosure and IBs performance.

Research limitations/implications

This study highlighted the implication that the current research may help IBs and encourage them to disclose more information in annual reports, especially those related to AAOIFI governance standards because following good corporate governance leads to good financial performance. The major limitation of the paper is that it is only focussed on two measurements of bank performance – ROA and ROE; it would be good to use other firm performance measures, such as profit margin.

Originality/value

This study provides new empirical evidence on the impact of AAOIFI governance disclosure on IBs performance.

中文翻译：

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AAOIFI治理披露对伊斯兰银行业绩的影响

目的

本研究旨在调查伊斯兰金融机构（AAOIFI）治理披露的会计和审计机构对伊斯兰银行（IB）绩效的影响。

设计/方法/方法

普通最小二乘回归模型用于检验AAOIFI治理披露对强制采用AAOIFI标准的三年（2013-2015年）来自8个国家的126个IB绩效的影响。在此回归模型中，资产收益率（ROA）和权益收益率（ROE）是因变量，而AAOIFI治理披露是自变量。公司治理机制，公司特征，年份假人和国家假人被用作控制变量。

发现

本文发现AAOIFI治理披露与IB绩效之间的关系微不足道。

研究局限/意义

这项研究强调了当前研究可能会帮助IB并鼓励IB在年度报告中披露更多信息的含意，尤其是与AAOIFI治理标准有关的信息，因为遵循良好的公司治理可带来良好的财务业绩。本文的主要局限性在于，它仅侧重于银行绩效的两种衡量指标– ROA和ROE；最好使用其他公司的绩效指标，例如利润率。

创意/价值

这项研究为AAOIFI治理披露对IB绩效的影响提供了新的经验证据。