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Performance of Shari’ah-compliant and non-Shari’ah-compliant listed firms: a case study of Malaysia
16 references·0 citing·38 second hop
Performance of Shari’ah-compliant and non-Shari’ah-compliant listed firms: a case study of Malaysia (2020)Performance of Shari’ah-compliant and non…Competition and bank stability in the MENA region: The moderating effect of Islamic versus conventional banks (2019)Competition and bank stabilit…Liquidity risk, credit risk and stability in Islamic and conventional banks (2018)Liquidity risk, credit risk a…Risk in Islamic Banking (2013)Risk in Islamic BankingPerformance of global Islamic versus conventional share indices: International evidence (2013)Performance of global Islamic…Matching perception with the reality—Performance of Islamic equity investments (2013)Matching perception with the …Islamic vs. conventional banks: Business models, efficiency and stability (2013)Islamic vs. conventional bank…Efficiency of Islamic banks during the financial crisis: An analysis of Middle Eastern and Asian countries (2013)Efficiency of Islamic banks d…Conventional and Islamic stock price performance: An empirical investigation (2013)Conventional and Islamic stoc…Political connection and cost of debt: Some Malaysian evidence (2012)Political connection and cost…Corporate governance and operating performance of Chinese listed firms (2011)Corporate governance and oper…Islamic Banks and Financial Stability (2008)Islamic Banks and Financial S…The Politics of Islamic Finance (2004)The Politics of Islamic Finan…Initial conditions and moment restrictions in dynamic panel data models (1998)Initial conditions and moment…Initial conditions and moment restrictions in dynamic panel data models (1995)Initial conditions and moment…Another look at the instrumental variable estimation of error-components models (1995)Another look at the instrumen…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Dynamic dependence of the global Islamic equity index with global conventional equity market indices and risk factors (2014)Islamic financial markets and global crises: Contagion or decoupling? (2016)Risk transmission between Islamic and conventional stock markets: A return and volatility spillover analysis (2017)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Econometric Analysis of Cross Section and Panel Data (2001)Is there a diversification discount in financial conglomerates? 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(2009)Of religion and redemption: evidence from default on islamic loans (2014)The governance, risk-taking, and performance of Islamic banks (2016)A contemporary survey of islamic banking literature (2017)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)The impact of social and environmental sustainability on financial performance: A global analysis of the banking sector (2019)Riding the FinTech innovation wave: FinTech, patents and bank performance (2021)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1998Initial conditions and moment restrictions in dynamic panel data models22,547 cited
  • 1995Another look at the instrumental variable estimation of error-components models19,861 cited
  • 1995Initial conditions and moment restrictions in dynamic panel data models14,749 cited
  • 2013Islamic vs. conventional banks: Business models, efficiency and stability1,529 cited
  • 2008Islamic Banks and Financial Stability1,150 cited
  • 2013Risk in Islamic Banking687 cited
  • 2012Political connection and cost of debt: Some Malaysian evidence392 cited
  • 2013Performance of global Islamic versus conventional share indices: International evidence305 cited
  • 2013Efficiency of Islamic banks during the financial crisis: An analysis of Middle Eastern and Asian countries241 cited
  • 2013Conventional and Islamic stock price performance: An empirical investigation239 cited
  • 2018Liquidity risk, credit risk and stability in Islamic and conventional banks231 cited
  • 2011Corporate governance and operating performance of Chinese listed firms212 cited
  • 2004The Politics of Islamic Finance197 cited
  • 2019Competition and bank stability in the MENA region: The moderating effect of Islamic versus conventional banks

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178 cited
  • 2013Matching perception with the reality—Performance of Islamic equity investments145 cited
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