The Value of Financial and Non-Financial Information  towards Non-profit Organisations

Hadi, Hasnatulsyakhira Abdullah; Bakar, Ahmad Naqiyuddin; Noor, Nurul Hidayana Mohd; Ashfahany, Afief El

doi:10.21834/ebpj.v7i21.3693

Cited by 4 publications

(3 citation statements)

References 26 publications

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“…Integrated reporting can enhance stakeholders' understanding of how an organization creates value beyond traditional financial metrics. Hadi et al (2022) explored the value of both financial and non-financial information in implementation of strategy management processes in the context of non-profit organizations. Their study emphasized the relevance of both types of information in enhancing the performance and effectiveness of non-profit entities.…”

Section: Stakeholder Theorymentioning

confidence: 99%

Financial and Non-Financial Information on Strategy Management Process; A Systematic Literature Review

2024

JOSM

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This paper focused on the role of both financial and non-financial information on strategy management processes using a PRISMA framework on existing literature. Specifically, this paper sought to determine the recent trends on financial and non-financial information, the varied financial and non-financial information constructs, the financial and non-financial information theories, and finally, the influence of financial and non-financial information on strategy management process. Financial ratios of liquidity, solvency and profitability are useful in assessing the impact of financial information on strategy management process. Organizations are coming to the realization that financial metrics alone do not address the needs of informed stakeholders who are keen to on a comprehensive picture of the organization and the impacts of their operations. Recent technological advances in Artificial intelligence, cloud computing and machine learning have had significant impacts on real time big data processing with accompanying realization that stakeholders will continuously demand for more information that impact the strategy management processes and success. These technological advances have also led to amplification of algorithmic trading, credit scoring and risk assessment. This study hinges on stakeholder theory, Resource Based View Theory as well as information asymmetry theory. A significant finding of the study is on the pivotal role played by non-financial information in shaping strategic decision-making processes whereas financial information has historically driven strategic planning. The study revealed the very interdependent nature of both financial and non-financial information on strategy management processes.

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Section: Stakeholder Theorymentioning

confidence: 99%

Financial and Non-Financial Information on Strategy Management Process; A Systematic Literature Review

2024

JOSM

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“…This is important for maintaining public trust and credibility of the institution (Anggita et al, 2019). Meanwhile, Abdullah Hadi et al, (2022) explore the importance of financial and non-financial information in non-profit organizations (NPOs) and the use of the Internet as a medium for disclosing information to stakeholders. Accountability is important for NPOs, and information disclosure is a mechanism used to be accountable to stakeholders.…”

Section: Disclosure Practicementioning

confidence: 99%

Exploring Zakat Payers’ Attitudes Determinants on Trust in Zakat Institutions

Zulfikri,

Kassim,

Anwar Hasan Abdullah Othman

2023

JISF

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This paper aims to explore the zakat payer determinants on intention to trust zakat institutions. This study is qualitative in nature. It utilized an extensive literature review to analyze the relevant studies to explore the factors. This study proposed a framework based on the theory of planned behaviour. The results indicate that reputation, satisfaction with zakat distribution, service quality, and disclosure practice are the zakat payer attitude determinants influencing trust in zakat institutions

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“…Similar to economic development, an economic crisis that occurs in a country can also have a major impact on the global economy (Febriandika et al, 2023). The resulting impact does not only cover the local area but also internationally (Hadi et al, 2022). Economic relations, including the increase and decrease in the economy of each country, greatly affect the economic stability of other countries.…”

Section: Introductionmentioning

confidence: 99%

Contagion and spillover effects of global financial markets on the Indonesian Sharia Stock Index post-COVID-19

Rizqi Febriandika,

Hakimi,

Awalliyah

et al. 2023

Investment Management and Financial Innovations

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This study aims to examine the spillover and contagion effects of global financial markets on the Indonesian Sharia Stock Index (ISSI) post-COVID-19. The study uses the Vector Error Correction Model method to explore the short-term and long-term relationships between ISSI and global financial markets. The data used in this study are time series data, namely the ISSI and several other countries that have a significant influence on the global economy, which were observed from May to July 2022. The results of the study show that the USD has a positive influence on ISSI in the short and long term. At the same time, the JPY and HKD have a negative influence on ISSI. The GBP and SGD do not have a significant influence on ISSI developments. The economic, business and financial sectors began to adjust after the COVID-19 pandemic ended, including the Indonesian Sharia Stock Index. Contagion occurs from one country’s financial system to another, which is influenced by aspects of volatility, exchange rates, the global crisis, the stock market, and stock indices. It is considered that this study can help the government to adjust better conditions of Islamic stocks in Indonesia. Acknowledgment The authors would like to thank the Research and Innovation Institute (LRI), Universitas Muhammadiyah Surakarta, for the enormous financial support in writing this study through the HIT funding scheme with number 02/A.6-II/FAI/1/2022.

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The Value of Financial and Non-Financial Information towards Non-profit Organisations

Cited by 4 publications

References 26 publications

Financial and Non-Financial Information on Strategy Management Process; A Systematic Literature Review

Financial and Non-Financial Information on Strategy Management Process; A Systematic Literature Review

Exploring Zakat Payers’ Attitudes Determinants on Trust in Zakat Institutions

Contagion and spillover effects of global financial markets on the Indonesian Sharia Stock Index post-COVID-19

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