Purpose

This study aims to examine the influence of ownership structure and board characteristics on the performance of Indonesian Islamic rural banks (IRB) using the system generalized method of moment model.

Design/methodology/approach

This research uses Indonesian IRB unbalanced annual panel data from 2016 to 2022. IRB performance is measured by return on assets (ROA), return on equity (ROE) and nonperforming financing (NPF). The ownership structure is represented by controlling shareholders, ownership of the board of directors (BD) and ownership of the board of commissioners (BC). Meanwhile, board characteristics are represented by the size of the BC, the proportion of female board directors and female president directors.

Findings

The results show that the ownership structure and board characteristics play an important role in improving the IRB’s performance. Technically, the results show that the size of the BC and the ownership of the BD increase all IRB performance measures. Female president directors and controlling shareholders improve IRB’s performance as measured by ROA and ROE. Women’s boards of directors improve IRB performance as measured by NPF. Meanwhile, the ownership of the BC does not show its effect on all IRB performance measures.

Research limitations/implications

This study fills a literature gap on the influence of ownership structure and board characteristics on IRB Indonesia’s performance. In addition, it adds understanding and insight for Islamic bank regulators, management and IRB depositors in Indonesia.

Originality/value

To the best of the authors’ knowledge, this study is one of the first to provide an empirical survey on the influence of controlling shareholders and board characteristics on IRB performance, particularly in Indonesia.

中文翻译：

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印度尼西亚伊斯兰村镇银行的股权结构、董事会特征和绩效

目的

本研究旨在利用系统广义矩模型方法检验股权结构和董事会特征对印度尼西亚伊斯兰农村银行（IRB）绩效的影响。

设计/方法论/途径

本研究使用2016年至2022年印尼IRB非平衡年度面板数据。IRB绩效通过资产回报率（ROA）、股本回报率（ROE）和不良融资（NPF）来衡量。股权结构以控股股东、董事会持股（BD）、董事会持股（BC）为代表。同时，董事会特征通过BC的规模、女性董事会成员和女性总裁董事的比例来体现。

发现

研究结果表明，股权结构和董事会特征对提高IRB绩效具有重要作用。从技术上讲，结果表明 BC 的规模和 BD 的所有权增加了所有 IRB 绩效指标。女性总裁董事和控股股东提高了 IRB 的绩效（以 ROA 和 ROE 衡量）。根据 NPF 的衡量，女性董事会提高了 IRB 的绩效。同时，BC 的所有权并未显示出对所有 IRB 绩效指标的影响。

研究局限性/影响

这项研究填补了关于所有权结构和董事会特征对 IRB Indonesia 绩效影响的文献空白。此外，它还增加了印度尼西亚伊斯兰银行监管机构、管理层和 IRB 储户的理解和洞察力。

原创性/价值

据作者所知，本研究是第一个对控股股东和董事会特征对 IRB 绩效影响进行实证调查的研究之一，特别是在印度尼西亚。