Religion, governance and performance: evidence from Islamic and conventional stock exchanges

Based on a dataset of 31 conventional and Islamic stock exchanges we compare financial performance across these two groups for 2007–2011 period. Our results suggest that CEs and IEs are differently exposed to institutional constraints and have different drivers of profitability. Islamic stock exchan...

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Veröffentlicht in:	Journal of management and governance 2016-09, Vol.20 (3), p.591-623
Hauptverfasser:	Polato, Maurizio, Floreani, Josanco, Paltrinieri, Andrea, Pichler, Flavio
Format:	Artikel
Sprache:	eng
Schlagworte:	Accounting/Auditing Asset allocation Banking Business and Management Business models Capital expenditures Corporate governance Financial performance Industrial Organization Institutional investments Islamic financing Islamic law Liquidity Management New stock market listings Religion Securities markets Sociology Stock exchanges Studies Volatility
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