eprintid: 78113
rev_number: 10
eprint_status: archive
userid: 12460
dir: disk0/00/07/81/13
datestamp: 2026-09-10 02:09:25
lastmod: 2026-09-10 02:09:25
status_changed: 2026-09-10 02:09:25
type: thesis
metadata_visibility: show
contact_email: muh.khabib@uin-suka.ac.id
creators_name: Ita Safitri, NIM.: 22108030066
title: DAMPAK PEMBIAYAAN BERBASIS SUKUK TERHADAP KINERJA PERUSAHAAN DENGAN UKURAN PERUSAHAAN SEBAGAI VARIABEL MODERASI: BUKTI EMPIRIS DARI BURSA EFEK INDONESIA
ispublished: pub
subjects: 658.15
divisions: jur_mks
full_text_status: restricted
keywords: Pembiayaan Sukuk, Outstanding Sukuk, Penerbitan Sukuk, Kinerja Perusahaan, Ukuran Perusahaan, ROA
note: Sunarsih, S.E., M.Si.
abstract: Sukuk is one of the alternative sources of financing for growing companies in Indonesia. However, empirical evidence regarding the relationship between sukuk financing and firm performance has yet to yield consistent results. This study aims to analyze the impact of sukuk-based financing and sukuk issuance on firm performance and to test whether firm size moderates the relationship between sukuk financing and firm performance. The study uses panel data from 16 sukuk-issuing companies listed on the Indonesia Stock Exchange during the 2020–2025 period. Sukuk financing is measured based on the outstanding value of sukuk, while sukuk issuance is measured using a dummy variable. Firm performance is proxied by Return on Assets (ROA) one year after the observation period (ROA_t1). The analysis was conducted using the Random Effects Model (REM) and Moderated Regression Analysis (MRA). The results indicate that sukuk financing has a negative effect on ROA_t1. This finding remains consistent when tested for robustness using ROA_t2. Conversely, sukuk issuance does not show a significant effect on corporate performance. Furthermore, firm size was not found to moderate the effect of sukuk financing on firm performance. These results indicate that the presence and magnitude of sukuk financing do not directly lead to an increase in firm profitability.
date: 2026-06-12
date_type: published
pages: 147
institution: UIN SUNAN KALIJAGA YOGYAKARTA
department: FAKULTAS EKONOMI DAN BISNIS ISLAM
thesis_type: skripsi
thesis_name: other
citation:   Ita Safitri, NIM.: 22108030066  (2026) DAMPAK PEMBIAYAAN BERBASIS SUKUK TERHADAP KINERJA PERUSAHAAN DENGAN UKURAN PERUSAHAAN SEBAGAI VARIABEL MODERASI: BUKTI EMPIRIS DARI BURSA EFEK INDONESIA.  Skripsi thesis, UIN SUNAN KALIJAGA YOGYAKARTA.   
document_url: https://digilib.uin-suka.ac.id/id/eprint/78113/1/22108030066_BAB-I_IV-atau-V_DAFTAR-PUSTAKA.pdf
document_url: https://digilib.uin-suka.ac.id/id/eprint/78113/2/22108030066_BAB-II_sampai_SEBELUM-BAB-TERAKHIR.pdf