Darulfunun Institute

Institute for Development, Research and Initiatives (IDRIS)

Tag: PRISMA

  • The Role of Corporate Governance in Enhancing Financial Reporting Integrity: A Systematic Literature Review of the Board of Commissioners, Audit Committee, and Internal Audit

    » AL-IMAM: Journal on Islamic Studies, Civilization and Learning Societies

    Abstract

    Objective: This study aims to examine the role of corporate governance in safeguarding financial reporting integrity, with particular emphasis on the board of commissioners, audit committee, and internal audit function. It seeks to identify the governance mechanisms most consistently associated with financial reporting quality and explain the factors underlying variations in empirical findings.

    Method: This study employs a limited systematic literature review guided by the PRISMA 2020 framework. A total of 39 records were identified through four search queries, of which 13 studies met the eligibility criteria and were included in the synthesis. The selected studies were analyzed using a narrative-thematic approach to identify recurring patterns, contextual differences, and inconsistencies in the relationships between corporate governance mechanisms and financial reporting integrity.

    Results: The synthesis reveals three main patterns. First, the audit committee demonstrates the most consistent association with financial reporting quality, particularly through its independence, expertise, size, and meeting frequency. Second, the effectiveness of independent commissioners is contingent on measurement approaches and regulatory contexts. In Indonesian studies, their effect is often statistically insignificant when their proportion merely meets the minimum regulatory threshold. Third, internal audit contributes more effectively to financial reporting oversight when professional competence and independence are present simultaneously, with its effectiveness further strengthened by the involvement of risk oversight committees. Differences in the proxies used to measure financial reporting integrity emerge as a major source of inconsistency across studies.

    Conclusion/Novelty/Implications: This study proposes a three-layer conceptual framework of financial reporting oversight integrating the board of commissioners, audit committee, and internal audit function. Its contribution lies in explaining how these mechanisms interact and why their effectiveness varies across institutional and measurement contexts. The findings highlight the need to strengthen substantive independence, professional expertise, and coordination among oversight mechanisms rather than relying solely on formal compliance with regulatory requirements. Future research should develop more consistent measures of financial reporting integrity and empirically test the proposed framework across different industries and regulatory settings.

  • Analysis of Factors Influencing Halal Certification among MSMEs in Indonesia: A Systematic Literature Review Using the PRISMA Approach

    » AL-IMAM: Journal on Islamic Studies, Civilization and Learning Societies

    Aims: This study aims to systematically analyze the factors influencing halal certification among Micro, Small, and Medium Enterprises (MSMEs) in Indonesia and to map the supporting factors and barriers affecting MSMEs’ readiness to obtain halal certification. Method: This study employs a Systematic Literature Review (SLR) using the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) approach. The literature was collected from Google Scholar, Garuda, Scopus, ScienceDirect, DOAJ, and Dimensions using keywords related to halal certification, MSMEs, certification factors, and barriers to halal certification in Indonesia. Following the identification, screening, and eligibility assessment stages, 14 articles met the inclusion criteria and were analyzed using thematic and narrative synthesis. Results: The literature synthesis indicates that halal certification is influenced by the interaction of internal and external factors. Internal factors include halal knowledge and literacy, awareness, compliance, human resource readiness, and business preparedness. External factors comprise certification costs, procedural complexity, government support, assistance, access to information, consumer pressure, and digitalization. The main barriers identified are limited literacy, financial constraints, administrative complexity, resource limitations, and inadequate assistance. Novelty/Implications: The novelty of this study lies in integrating internal and external factors to explain the determinants of halal certification among MSMEs. The findings imply the need for a collaborative certification ecosystem through strengthening halal literacy, simplifying procedures, providing continuous assistance, enhancing institutional support, and accelerating digitalization.

  • Halal Entrepreneurship Research Trends and Future Directions: A Systematic Literature Review Using PRISMA

    » AL-IMAM: Journal on Islamic Studies, Civilization and Learning Societies

    Aims: This study aims to analyze the development and trends of research on halal entrepreneurship, identify the dominant themes and research approaches, and explore research gaps that can provide a foundation for future studies. Method: This research employs a Systematic Literature Review (SLR) method following the PRISMA 2020 guidelines. Relevant literature was identified and selected based on predetermined inclusion and exclusion criteria, followed by descriptive and thematic analysis to map the development, themes, and research directions of halal entrepreneurship. Results: The findings indicate that research on halal entrepreneurship predominantly focuses on halalpreneurship, entrepreneurial intention, halal awareness, Islamic values, halal certification, entrepreneurial characteristics, and the development of micro, small, and medium enterprises (MSMEs). The Theory of Planned Behavior (TPB) is frequently applied to explain factors influencing halal entrepreneurial intention. Furthermore, digitalization and sustainability are emerging themes that increasingly shape the development of halal entrepreneurship research. However, the existing literature remains more focused on entrepreneurial intention than on actual entrepreneurial behavior, long-term business performance, and the broader socio-economic impacts of halal entrepreneurship. Conclusion/Novelty/Implications: The novelty of this study lies in providing an integrated mapping of the development, dominant themes, research approaches, and gaps in halal entrepreneurship literature through a systematic review based on PRISMA 2020. The findings imply the need to broaden the research perspective from entrepreneurial intention toward actual business practices, long-term sustainability, and socio-economic contributions. Future research should further investigate digital-based halal entrepreneurship, sustainable halal businesses, non-food halal sectors, and cross-country studies to strengthen the theoretical and empirical development of the field.