Why do companies issue sukuk?

Why Do Firms Issue Callable Bonds?

Corporations in the US have significantly increased their usage of callable bonds in the past 10-15 years. Whereas callable debt was issued in the past for interest rate hedging motives, the vast majority of callable bonds issued today have call options that will enver be "in the money". This feature implies that previous explanations for the issuance of callable debt no longer rationalize the ...

Why do commercial companies contribute to open source software?

Many researchers have pointed out that the open source movement is an interesting phenomenon that is difficult to explain with conventional economic theories. However, while there is no shortage on research on individuals' motivation for contributing to open source, few have investigated the commercial companies' motivations for doing the same. A case study was conducted at three different comp...

3 Why Do Companies Provide Workplace Education Programs ?

In recent years, increasing attention has been drawn to the plight of people with low levels of education. Since the 1970s, lower skilled workers have borne the brunt of economic changes that have left them worse off in both relative and absolute terms (Levy & Murnane, 1992). On this conclusion there is scant debate. There is, however, considerable debate over the proposed solutions. A perennia...

Why do Companies Lease their Real Estate Assets?

This paper contrasts the costs and benefits of leasing, rather than owning real estate assets. Consistent with the financing and agency costs hypotheses, I find that large and high growth companies are likely to lease than to own real estate. The results also indicate that leasing companies are more efficient in using their real estate and that these benefits are compounded in share price valua...

Do Management Buyouts of US Companies Demand Higher Premiums than UK Companies? Why?