Abstract
The purpose of this study was to evaluate four aspects of Bank Syariah Indonesia’s merger,
namely the capital aspect, the corporate value aspect, the resource aspect, and the
competition aspect. The capital aspect, human resources, information technology, and
competition are the primary reasons for the merger stated in Disclosure of Information in
Connection with Affiliated Transaction issued by Bank Syariah Indonesia and highlighted
in the Road Map for Islamic Banking Development 2020-2025 launched by the
government. Aspects of corporate value or culture are discussed as one of the central
factors in the success or failure of a merger. This research is a case study with an
evaluation form, and the analytical technique used is descriptive qualitative analysis. The
evaluation used secondary data from the Annual Reports of the three sharia banks that are
the elements of the merger, the Islamic Banking Development Road Map, related OJK
(Financial Service Authority) regulations, video recordings and news from electronic
media, and interviews with sharia economic experts. The study’s findings indicate that
mergers, in general, will benefit Indonesian Islamic banks. However, there are still
potential roadblocks in some areas, most notably capital and resources.
namely the capital aspect, the corporate value aspect, the resource aspect, and the
competition aspect. The capital aspect, human resources, information technology, and
competition are the primary reasons for the merger stated in Disclosure of Information in
Connection with Affiliated Transaction issued by Bank Syariah Indonesia and highlighted
in the Road Map for Islamic Banking Development 2020-2025 launched by the
government. Aspects of corporate value or culture are discussed as one of the central
factors in the success or failure of a merger. This research is a case study with an
evaluation form, and the analytical technique used is descriptive qualitative analysis. The
evaluation used secondary data from the Annual Reports of the three sharia banks that are
the elements of the merger, the Islamic Banking Development Road Map, related OJK
(Financial Service Authority) regulations, video recordings and news from electronic
media, and interviews with sharia economic experts. The study’s findings indicate that
mergers, in general, will benefit Indonesian Islamic banks. However, there are still
potential roadblocks in some areas, most notably capital and resources.
| Original language | English |
|---|---|
| Title of host publication | Contemporary Accounting Case Studies |
| Pages | 264-285 |
| Publication status | Published - Sept 2022 |
Keywords
- Bank Syariah Indonesia
- Islamic bank
- merger
- Islamic bank merger
- merger evaluation