GRM 2010 GRM 2011

Abstract Details

 
AUTHOR NAME
 
Family Name:
Alhammadi
 
First Name:
Salah
 
ABSTRACT OF PAPER
 
Title of Paper:
Islamic Finance and Corporate Governance
 
Paper Proposal Text :
The research will address some key issues of CG particularly to Investment account holders (IAH) as a major stakeholder compared to the shareholders. Review the relationship of unrestricted Investment account holders (UIAH) with the Islamic banks, since UIAH and shareholders are likely to have a different perspectives and strategies toward investment with different risk appetites. A comparative analysis of the returns received between shareholders and IAH will be conducted to test whether the current practice of corporate governance in Islamic banks shows fairness of treatment of UIAH in terms of risk-adjusted returns. By examine the rate of return between shareholders and IAH according to their exposure to risk by using Coefficient of Variation, then using a panel data regression (fixed effects model). Theoretically, both IAH and shareholders should be paid a rate of return on their investment corresponding with the risk that they are facing.
 
 
 

WITH THE GENEROUS SUPPORT OF