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4 results

Which firms use Islamic financing?

Journal Article
Minhat, M., & Dzolkarnaini, N. (2017)
Which firms use Islamic financing?. Economics Letters, 150, 15-17. https://doi.org/10.1016/j.econlet.2016.10.036
This study explores to what extent the Islamic financing instruments are used by non-financial firms and whether profitability influences such financing choice. Based on a pan...

Islamic corporate financing: does it promote profit and loss sharing?: Islamic corporate financing: does it promote profit and loss sharing?

Journal Article
Minhat, M., & Dzolkarnaini, N. (2016)
Islamic corporate financing: does it promote profit and loss sharing?: Islamic corporate financing: does it promote profit and loss sharing?. Business Ethics: A European Review, 25(4), 482-497. https://doi.org/10.1111/beer.12120
Islamic financing instruments can be categorised into profit and loss/risk sharing and non-participatory instruments. Although profit and loss sharing instruments such as mush...

Bankers’ stock options, risk-taking and the financial crisis

Journal Article
Minhat, M., & Abdullah, M. (2016)
Bankers’ stock options, risk-taking and the financial crisis. Journal of Financial Stability, 22, 121-128. https://doi.org/10.1016/j.jfs.2016.01.008
This study investigates the relationship between the use of stock options and bank risk in the context of the 2007-2008 financial crisis for banks that are authorised to accep...

Is executive compensation a substitute governance mechanism to debt financing and leasing?

Journal Article
Minhat, M., & Dzolkarnaini, N. (2016)
Is executive compensation a substitute governance mechanism to debt financing and leasing?. Applied Economics, 48(14), 1293-1302. https://doi.org/10.1080/00036846.2015.1100247
This study examines whether and how CEO equity incentives relate to financing choices (i.e., debt and leases). Using manually collected CEO compensation and lease data for a s...