Restructuring Strategy: A Performance Review of Spin-off Islamic Banks in Indonesia
Zulfikar Bagus Pambuko,
Fahmi Medias,
Veni Soraya Dewi
et al.
Abstract:The deadline of 2023 has almost passed for the obligation to conduct a spin-off for sharia business units in Indonesia to become a fully-fledged Islamic bank. However, a number of empirical findings highlight the urgency of evaluating this policy. Furthermore, many sharia business units are unable to meet the minimal standards. The paper aims to review prior studies on how spin-off decisions affect the financial performance of spin-off Islamic banks in Indonesia. Information was gathered from the Google Schola… Show more
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