Zuhairan Yunmi Yunan

@uinjkt.ac.id

Department of Economics
Universitas Islam Negeri Syarif Hidayatullah, Jakarta, Indonesia

Zuhairan Yunmi Yunan


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https://researchid.co/zuhairan

RESEARCH INTERESTS

Economics
Economics of Corruption
Anti-Corruption
Good Governance
Islamic Economics
8

Scopus Publications

171

Scholar Citations

7

Scholar h-index

6

Scholar i10-index

Scopus Publications

  • The determinants of corruption: empirical evidence from Indonesia at the sub-national level
    Zuhairan Yunmi Yunan, Ben Freyens, Yogi Vidyattama
    Journal of the Asia Pacific Economy, 2026
  • Does corruption play a role in the process of financial globalization in emerging countries?
    Zuhairan Yunmi Yunan, W. Alejandro Pacheco-Jaramillo
    Journal of Financial Crime, 2025
    Purpose This paper aims to examine various indicators related to corruption and determine their impact on financial globalization in emerging countries. It will consider other factors that may impact financial globalization and focus on how corruption within political, executive and public sector institutions can affect this process. Design/methodology/approach This paper uses a generalized method of moments (GMM) for a data sample of emerging countries covering 2000–2020. Corruption measurements are derived from the varieties of democracy data sets and Transparency International. It also includes data on foreign direct investment, portfolio flows, foreign exchange and international debt as separate indicators of financial globalization. These measures provide more detailed information on the types of financial transactions occurring across countries. Findings The results reveal that foreign investors may be less likely to enter certain sectors of the economy due to concerns about unethical practices and difficulties navigating the regulatory landscape in countries with high levels of corruption. This can lead to underdevelopment in sectors that are attractive to foreign investment and a reliance on a narrow range of sectors. Originality/value This paper offers valuable insights by integrating corruption and financial globalization indicators, using the GMM for robust analysis. It highlights how corruption influences foreign investment decisions, potentially leading to sectoral underdevelopment and overreliance in emerging countries.
  • Corruption and its implication on climate action: The role of Islamic ethics
    Zuhairan Yunmi Yunan, Yoghi Citra Pratama, Erika Amelia
    Islamic Finance and Climate Action Ethics Environmental Stewardship and Sustainability, 2025
    Corruption has adverse effects on the achievement of global goals on climate action. This chapter aims at exploring how Islamic ethical values can prevent corruption and improve climate sustainable initiatives. Political, corporate, and environmental corruption have been identified as detrimental in hampering the effectiveness of policies that have been put in place to fight climate change. This chapter concludes that religious values can help in developing more transparent, accountable, and inclusive governance mechanisms. Furthermore, the role of education in the form of value-based education and civil society movements is crucial in creating awareness about the environment.
  • Corruption and Indonesia’s Regional Economic Performance
    Zuhairan Yunmi Yunan, Ben Freyens, Yogi Vidyattama
    Bulletin of Indonesian Economic Studies, 2025
    Whether corruption supports or hampers economic growth is a vexed theme in development research, particularly at the sub-national level where research is scant. This paper uses corruption data from court reports to analyse how corruption affects economic performance at the sub-national level in Indonesia. The regression models use dynamic panel estimation incorporating spatial dependence, and dealing with endogeneity and omitted variables. We find a consistent negative effect of corruption on regional growth across all specifications. Spatial effects reveal the influence of neighbouring districts’ growth, which amplifies the negative impact of corruption. Evaluating potential pathways of corruption indicates government size, poverty, education, and infrastructure do not significantly mediate corruption at the sub-national level. The policy implication is that anti-corruption efforts need not only be targeted but also well-coordinated: merely maintaining the level of government service or provision of infrastructure does not address the negative consequence of corruption on regional economic growth.
  • The risk of political instability and the performance of Islamic banks: does corruption matter?
    Zuhairan Yunmi Yunan, Majed Alharthi, Saeed Sazzad Jeris
    Journal of Financial Crime, 2024
    Purpose This study aims to investigate the relationship between political instability and the performance of Islamic banks in emerging countries. Design/methodology/approach For a data sample of 93 Islamic banks in 20 emerging countries during the period from 2011 to 2016, the authors identify indicators that matter most for the activities of Islamic banks. Findings The study finds that a stable government and law and order are positively correlated with the health of Islamic financial institutions. On the other hand, corruption and military involvement in politics can create an unstable environment for businesses, leading to uncertainty and risk. The study also reveals that Islamic banks operating in regions or communities with lower risk of socio-economic conditions tend to exhibit higher levels of profitability. Originality/value Overall, the study provides valuable insights into the impact of political instability on Islamic banks in emerging countries.
  • Analysis of Environmental Performance and Tax Aggressiveness on CSR Disclosure: A Study of PROPER KLH Companies in the Indonesian Sharia Stock Index 2017-2022
    Ahmad Rizqi Makinudin, Ali Rama, Zuhairan Yunmi Yunan
    Al Muamalat, 2024
    This study investigates the factors influencing Corporate Social Responsibility (CSR) disclosure among companies listed in the PROPER KLH within the Indonesian Sharia Stock Index (ISSI) from 2017 to 2022. Utilizing a quantitative approach, the research employs secondary data and panel data regression analysis. The results reveal that environmental performance, company age, and tax aggressiveness significantly affect CSR disclosure, as measured by the Global Reporting Initiative (GRI) index. These findings underscore the crucial role of these factors in shaping a company's commitment to social and environmental responsibilities, while also highlighting the complex dynamics between corporate actions and their environmental impact. Companies with strong environmental performance not only contribute positively to the planet but also enhance their long-term reputation. The relationship between tax aggressiveness and CSR disclosure suggests a significant interplay between financial strategies and ethical considerations in corporate decision-making. This underscores the need for a comprehensive approach to corporate governance that integrates financial objectives with ethical responsibilities. Consequently, policymakers and stakeholders should leverage these insights to develop more effective regulations and incentives that promote responsible corporate conduct.
  • Spread of corruption in Indonesia after decentralisation: a spatiotemporal analysis
    Zuhairan Yunmi Yunan, Ben Freyens, Yogi Vidyattama, Itismita Mohanty
    Oxford Development Studies, 2023
    The end of the Suharto era in 1998 brought two prominent reforms to Indonesia: (i) a raft of anti-corruption policies and (ii) decentralisation of administrative and fiscal functions. District-level reported corruption swelled in following years and the role of decentralisation came under scrutiny, but data limitations prevented direct examination of a contributing role. This paper combines perceived and reported (observed) regional measures of corruption to examine spatiotemporal corruption patterns across Indonesian districts post-decentralisation. That period saw both improvements in perceptions measures and increases in the reported number of convicted perpetrators and in the reported value of financial loss. Cross-sectional comparisons show corruption perceptions (i) were milder in districts with less reported incidents of corruption, and (ii) responded positively to efforts by the judiciary and law enforcement agencies to curb corruption. These findings suggest that increased capability and resources allocated to combatting corruption play a large role in determining corruption perceptions.
  • Does corruption affect Islamic banking? Empirical evidence from the OIC countries
    Zuhairan Yunmi Yunan
    Journal of Financial Crime, 2021
    Purpose This paper aims to examine whether the level of corruption affects profitability and soundness of Islamic banking. Design/methodology/approach This paper uses a dynamic panel of 61 Islamic banks from 12 Organization of Islamic Cooperation (OIC) countries covering the period between 2016 and 2018. Findings This paper finds that the empirical evidence examined shows that corruption does affect the profitability and soundness of Islamic banks. Originality/value The value of this paper is to emphasize further understanding of corruption behaviour on Islamic banking in Islamic countries. This paper contributes to filling the gaps in the current literature on corruption and Islamic banking. Existing literature has only focussed on either profitability or soundness of Islamic banking, whereas this paper analyses the impact of corruption levels for both performance measurements simultaneously.

RECENT SCHOLAR PUBLICATIONS

  • Corruption and its implication on climate action: The role of Islamic ethics
    ZY Yunan, YC Pratama, E Amelia
    Islamic Finance and Climate Action: Ethics, Environmental Stewardship and … , 2025
    2025
  • Analisis Volatilitas Harga Komoditas Lada Indonesia Di Pasar Internasional
    SF Delfiana, ZY Yunan
    JURIKO: Jurnal Ilmu Ekonomi 1 (1), 16-22 , 2025
    2025
    Citations: 1
  • Corruption and Indonesia’s regional economic performance
    ZY Yunan, B Freyens, Y Vidyattama
    Bulletin of Indonesian Economic Studies 61 (2), 205-227 , 2025
    2025
    Citations: 5
  • Does corruption play a role in the process of financial globalization in emerging countries?
    ZY Yunan, WA Pacheco-Jaramillo
    Journal of Financial Crime 32 (2), 468-482 , 2025
    2025
    Citations: 3
  • The determinants of corruption: empirical evidence from Indonesia at the sub-national level
    ZY Yunan, B Freyens, Y Vidyattama
    Journal of the Asia Pacific Economy, 1-22 , 2024
    2024
    Citations: 1
  • The risk of political instability and the performance of Islamic banks: does corruption matter?
    ZY Yunan, M Alharthi, SS Jeris
    Journal of Financial Crime 31 (6), 1384-1406 , 2024
    2024
    Citations: 14
  • Does Indonesia's High Level of Corruption Affect Its Trade Volume?
    ZY Yunan
    Signifikan: Jurnal Ilmu Ekonomi 12 (2), 425-440 , 2024
    2024
    Citations: 4
  • Leveraging Islamic economic to alleviate poverty in Indonesia: A promising pathway
    DK Syahrir, ZY Yunan, R Rahmawati
    International Journal of Entrepreneurship and Business Management 2 (2), 98-112 , 2023
    2023
    Citations: 11
  • Institutional quality and economic growth in Muslim Countries
    ZY Yunan
    Economics Development Analysis Journal 12 (4), 427-440 , 2023
    2023
    Citations: 4
  • Spread of corruption in Indonesia after decentralisation: a spatiotemporal analysis
    ZY Yunan, B Freyens, Y Vidyattama, I Mohanty
    Oxford Development Studies 51 (2), 198-215 , 2023
    2023
    Citations: 26
  • The Economics of Corruption: Evidence from Indonesia at The Sub-National Level
    ZY Yunan
    University of Canberra, Australia , 2023
    2023
  • The impact of corruption on Indonesia's regional economic performance
    ZY Yunan
    Vietnam Symposium on Leadership and Public Policy (VSLP) , 2022
    2022
  • Perceived and observed corruption in Indonesia’ Regions: A spatiotemporal analysis
    ZY Yunan
    the Australia and New Zealand Regional Science Association International … , 2022
    2022
  • Does corruption affect Islamic banking? Empirical evidence from the OIC countries
    ZY Yunan
    Journal of Financial Crime 28 (1), 170-186 , 2021
    2021
    Citations: 27
  • The Causes and Consequences of Corruption in Indonesia at the Sub-National Level
    ZY Yunan
    SSEAC Emerging Scholars Conference , 2021
    2021
  • Moral Hazard Dana Bantuan Penanganan Wabah Covid-19
    ZY Yunan
    Tafsir Musibah 1, 250-256 , 2020
    2020
  • Peranan Pemerintah dan Optimalisasi Sektor Pertanian dengan Sinergitas Lembaga Keuangan Mikro Syariah-Agribisnis dan Agriculture Trust Fund
    ZY Yunan, H Permana, D Aprilia, F Abdulah
    ISLAMINOMICS: Journal of Islamic Economics, Business and finance 10 (1), 24-38 , 2020
    2020
    Citations: 4
  • Perception and Reality of Corruption: A Spatiotemporal Analysis in Indonesia Sub-national Level
    ZY Yunan
    Proceedings of the 1st International Conference on Anti-Corruption and … , 2020
    2020
  • Corruption measurement at the sub-national level in Indonesia: a spatiotemporal analysis between perception and reality
    ZY Yunan
    Indonesia Council Open Conference (ICOC) , 2019
    2019
  • Corruption Eradication Policy: A Proposal for the Elected Indonesia’s Leader
    ZY Yunan
    IGPA Indonesia Program Seminar Series: Corruption Eradication Policy in … , 2019
    2019

MOST CITED SCHOLAR PUBLICATIONS

  • Does corruption affect Islamic banking? Empirical evidence from the OIC countries
    ZY Yunan
    Journal of Financial Crime 28 (1), 170-186 , 2021
    2021
    Citations: 27
  • Spread of corruption in Indonesia after decentralisation: a spatiotemporal analysis
    ZY Yunan, B Freyens, Y Vidyattama, I Mohanty
    Oxford Development Studies 51 (2), 198-215 , 2023
    2023
    Citations: 26
  • Corruption, Poverty, and Economic Growth (Causality Studies among Asean Countries)
    ZY Yunan, A Andini
    JEJAK: Jurnal Ekonomi dan Kebijakan 11 (2), 413-428 , 2018
    2018
    Citations: 25
  • Analisis sektor unggulan Kota Bandar Lampung (Sebuah pendekatan sektor pembentuk PDRB)
    ZY Yunan
    Prosiding Seminas Competitive Advantage 1 (1), 1-6 , 2011
    2011
    Citations: 22
  • The risk of political instability and the performance of Islamic banks: does corruption matter?
    ZY Yunan, M Alharthi, SS Jeris
    Journal of Financial Crime 31 (6), 1384-1406 , 2024
    2024
    Citations: 14
  • Leveraging Islamic economic to alleviate poverty in Indonesia: A promising pathway
    DK Syahrir, ZY Yunan, R Rahmawati
    International Journal of Entrepreneurship and Business Management 2 (2), 98-112 , 2023
    2023
    Citations: 11
  • Measurement of Shariah Stock Performance Using Risk Adjusted Performance
    ZY Yunan, M Rahmasari
    Fakultas Syariah dan Hukum, UIN Syarif Hidayatullah Jakarta , 2015
    2015
    Citations: 9
  • Corruption and Indonesia’s regional economic performance
    ZY Yunan, B Freyens, Y Vidyattama
    Bulletin of Indonesian Economic Studies 61 (2), 205-227 , 2025
    2025
    Citations: 5
  • Tingkat Efisiensi Pengeluaran Pemerintah Daerah di Pulau Jawa
    ZY Yunan
    Signifikan 3 (1), 273030 , 2014
    2014
    Citations: 5
  • Does Indonesia's High Level of Corruption Affect Its Trade Volume?
    ZY Yunan
    Signifikan: Jurnal Ilmu Ekonomi 12 (2), 425-440 , 2024
    2024
    Citations: 4
  • Institutional quality and economic growth in Muslim Countries
    ZY Yunan
    Economics Development Analysis Journal 12 (4), 427-440 , 2023
    2023
    Citations: 4
  • Peranan Pemerintah dan Optimalisasi Sektor Pertanian dengan Sinergitas Lembaga Keuangan Mikro Syariah-Agribisnis dan Agriculture Trust Fund
    ZY Yunan, H Permana, D Aprilia, F Abdulah
    ISLAMINOMICS: Journal of Islamic Economics, Business and finance 10 (1), 24-38 , 2020
    2020
    Citations: 4
  • Does corruption play a role in the process of financial globalization in emerging countries?
    ZY Yunan, WA Pacheco-Jaramillo
    Journal of Financial Crime 32 (2), 468-482 , 2025
    2025
    Citations: 3
  • Revisi UU KPK saat ini salah arah, ini 3 hal yang harusnya direvisi
    ZY Yunan
    https://theconversation.com/revisi-uu-kpk-saat-ini-salah-arah-ini-3-hal-yang … , 2019
    2019
    Citations: 3
  • Investasi Swasta di Indonesia
    ZY Yunan
    Signifikan: Jurnal Ilmu Ekonomi , 2012
    2012
    Citations: 3
  • Sektor Basis dan Non Basis di Kota Tangerang Selatan (Suatu Pendekatan Location Quotient)
    ZY Yunan
    Signifikan: Jurnal Ilmu Ekonomi 2 (1) , 2010
    2010
    Citations: 3
  • Analisis Volatilitas Harga Komoditas Lada Indonesia Di Pasar Internasional
    SF Delfiana, ZY Yunan
    JURIKO: Jurnal Ilmu Ekonomi 1 (1), 16-22 , 2025
    2025
    Citations: 1
  • The determinants of corruption: empirical evidence from Indonesia at the sub-national level
    ZY Yunan, B Freyens, Y Vidyattama
    Journal of the Asia Pacific Economy, 1-22 , 2024
    2024
    Citations: 1
  • Strategi Peningkatan Daya Saing BMT Dalam Menggerakkan Sektor Riil Melalui Pembiayaan Modal Kerja Berbasis Dinar Emas
    ZY Yunan
    Prosiding Seminas Competitive Advantage 1 (2) , 2012
    2012
    Citations: 1
  • Corruption and its implication on climate action: The role of Islamic ethics
    ZY Yunan, YC Pratama, E Amelia
    Islamic Finance and Climate Action: Ethics, Environmental Stewardship and … , 2025
    2025