CORPORATE GOVERNANCE AND RISK AGGRESSIVENESS OF ISLAMIC BANKS AGAINST THE RECENT FINANCIAL CRISIS

被引:0
作者
Ulussever, Talat [1 ]
机构
[1] King Fahd Univ Petr Minerals, Dept Finance & Econ, Dhahran, Saudi Arabia
来源
ESTUDIOS DE ECONOMIA APLICADA | 2019年 / 37卷 / 03期
关键词
Corporate Governance; Risk Aggressiveness; Islamic Banks; Financial Crisis; INSTITUTIONS; OWNERSHIP; MODEL; FIRM;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study examines whether the multi-layer corporate governance mode of Islamic banking system can prevent Islamic banks from excessive risk taking and hence protect against its fallibility to the global financial crisis. Employing the random-effects GLS method with two-step GMM method for the robustness check and using the dataset of total 154 banks over the period of 2005-2011, the results show that the corporate governance and financial disclosure indices appear as the motivating factors for risk taking attitudes of Islamic banks. Thus, the governance mechanism of Islamic banks is effective in protecting them against their fallibility to the global financial crisis.
引用
收藏
页码:171 / 185
页数:15
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