Do Muslim CEOs and Muslim stakeholders prefer Islamic debt financing?

نویسندگان

چکیده

This study examines the relationship between religiosity and Islamic debt financing based on Malaysian non-financial listed firms from 2012 to 2018. We find that Muslim CEOs allocate more in their compared non-Muslim CEOs, which support upper echelons theory. However, we sociological pressure Stakeholders display no significant effect financing. Interestingly, further will incline matter whether population is high or low if CEO was a Muslim. implies our findings echelon theory, but not stakeholder orientation

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ژورنال

عنوان ژورنال: Global Finance Journal

سال: 2022

ISSN: ['1873-5665', '1044-0283']

DOI: https://doi.org/10.1016/j.gfj.2021.100625