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Control, Regulations And Legitimacy Of An Islamic Bank: An Indonesian Case Study

This is a research about an Islamic bank in Indonesia that has managed to maintain its existence and grown over the two decades of its operation in Indonesia. The purpose of this research is to understand how the bank gains and maintains its legitimacy from its diverse stakeholders, specifically in...

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Main Author: Adib, Noval
Format: Thesis
Language:English
Published: 2014
Subjects:
HD28-70 Management. Industrial Management
Online Access:http://eprints.usm.my/46448/1/Noval%20Adib24.pdf
http://eprints.usm.my/46448/
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spelling my.usm.eprints.46448 http://eprints.usm.my/46448/ Control, Regulations And Legitimacy Of An Islamic Bank: An Indonesian Case Study Adib, Noval HD28-70 Management. Industrial Management This is a research about an Islamic bank in Indonesia that has managed to maintain its existence and grown over the two decades of its operation in Indonesia. The purpose of this research is to understand how the bank gains and maintains its legitimacy from its diverse stakeholders, specifically in terms of the way the bank is regulated/controlled and how the external control mechanism influences the bank’s internal practices of the bank. This research also reviews the history of banking, in general, as well as of Islamic banking in Indonesia to obtain a contextual understanding of the issues This research uses a case study approach informed by the new institutional sociology (NIS) and legitimacy theory. The NIS theory is used to analyse how the Islamic bank responds to pressure and influence from the stakeholders. The legitimacy theory is used to analyse how the Islamic bank gains and maintains its legitimacy from the stakeholders. Data were generated from 24 interviews with the management of the bank and as the regulators as well as from documentary evidence and observations. This research found that the bank faced various pressures and influences with the most critical pressure coming from the regulator through control and regulations. However, the pressures are sometimes conflicting; with investors demanding high profit while the public expect the bank to play a social role. The bank finds innovative ways to respond to such conflicting pressures, and, as a result, gains legitimacy from its stakeholders. 2014 Thesis NonPeerReviewed application/pdf en http://eprints.usm.my/46448/1/Noval%20Adib24.pdf Adib, Noval (2014) Control, Regulations And Legitimacy Of An Islamic Bank: An Indonesian Case Study. PhD thesis, Universiti Sains Malaysia.
institution Universiti Sains Malaysia
building Hamzah Sendut Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Sains Malaysia
content_source USM Institutional Repository
url_provider http://eprints.usm.my/
language English
topic HD28-70 Management. Industrial Management
spellingShingle HD28-70 Management. Industrial Management
Adib, Noval
Control, Regulations And Legitimacy Of An Islamic Bank: An Indonesian Case Study
description This is a research about an Islamic bank in Indonesia that has managed to maintain its existence and grown over the two decades of its operation in Indonesia. The purpose of this research is to understand how the bank gains and maintains its legitimacy from its diverse stakeholders, specifically in terms of the way the bank is regulated/controlled and how the external control mechanism influences the bank’s internal practices of the bank. This research also reviews the history of banking, in general, as well as of Islamic banking in Indonesia to obtain a contextual understanding of the issues This research uses a case study approach informed by the new institutional sociology (NIS) and legitimacy theory. The NIS theory is used to analyse how the Islamic bank responds to pressure and influence from the stakeholders. The legitimacy theory is used to analyse how the Islamic bank gains and maintains its legitimacy from the stakeholders. Data were generated from 24 interviews with the management of the bank and as the regulators as well as from documentary evidence and observations. This research found that the bank faced various pressures and influences with the most critical pressure coming from the regulator through control and regulations. However, the pressures are sometimes conflicting; with investors demanding high profit while the public expect the bank to play a social role. The bank finds innovative ways to respond to such conflicting pressures, and, as a result, gains legitimacy from its stakeholders.
format Thesis
author Adib, Noval
author_facet Adib, Noval
author_sort Adib, Noval
title Control, Regulations And Legitimacy Of An Islamic Bank: An Indonesian Case Study
title_short Control, Regulations And Legitimacy Of An Islamic Bank: An Indonesian Case Study
title_full Control, Regulations And Legitimacy Of An Islamic Bank: An Indonesian Case Study
title_fullStr Control, Regulations And Legitimacy Of An Islamic Bank: An Indonesian Case Study
title_full_unstemmed Control, Regulations And Legitimacy Of An Islamic Bank: An Indonesian Case Study
title_sort control, regulations and legitimacy of an islamic bank: an indonesian case study
publishDate 2014
url http://eprints.usm.my/46448/1/Noval%20Adib24.pdf
http://eprints.usm.my/46448/
_version_ 1662755785885614080
score 13.211869

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