Publication:
Islamic corporate finance: capital structure
DC Field | Value | |
---|---|---|
dc.contributor.author | Mohd Rasid, Mohamed Eskandar Shah | |
dc.contributor.author | Ajim Uddin | |
dc.contributor.author | Mohammad Ashraful Ferdous Chowdhury | |
dc.date.accessioned | 2020-02-17T08:35:26Z | |
dc.date.available | 2020-02-17T08:35:26Z | |
dc.date.issued | 2019 | |
dc.description.abstract | The capital structure choices of a firm not only determine the current value of the firm, but also largely determine its long-term survival. Modigliani and Miller's seminal 1958 paper explicates conventional firms' capital structure choices. However, we are yet to develop a solid theoretical framework about the financing decisions of Islamic firms. This is a review chapter on current developments in the field of Islamic capital structure. The chapter starts with a short discussion about the various sources of capital and their advantages and disadvantages, followed by a detailed description of traditional capital structure theories and their real-world empirical evidence. Finally, it discusses how the capital structure decision for Islamic firms differs from that for conventional firms, and the role sukuk, dual-banking system, and debt threshold play in determining Islamic firms' capital structure | en_US |
dc.identifier.citation | Mohd Rasid, M. E. S., Uddin, A., & Chowdhury, M. A. F. (2019). Islamic corporate finance: capital structure. In M. K. Hassan, M. Rashid, S. Aliyu (Eds.), Islamic corporate finance (pp. 54-73). London: Taylor & Francis. | en_US |
dc.identifier.isbn | 9781138480919 | |
dc.identifier.uri | https://ikr.inceif.edu.my/handle/INCEIF/3184 | |
dc.language | English | |
dc.language.iso | eng | en_US |
dc.publisher | Taylor & Francis | en_US |
dc.rights | 2019. Taylor & Francis | |
dc.source | SEDONA | |
dc.subject | Islamic corporate finance | en_US |
dc.subject | Capital structure | en_US |
dc.title | Islamic corporate finance: capital structure | en_US |
dc.type | Chapter in Book | en_US |
dlc.maintopic | Islamic finance | en_US |
dspace.entity.type | Publication | |
ikr.doctype | Scholarly Works | |
ikr.topic.maintopic | Islamic finance | en_US |
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