Shari’ah-compliant Sukuk versus conventional bond announcements: is there a wealth effect?
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DOI: 10.1007/s11156-019-00799-3
Abstract: We employ standard event study methodology to examine the stock price reaction to the issuance announcements of 237 Islamic bonds (Sukuk) versus 231 conventional bonds issued in twelve financial markets from 2005 to 2017. We… read more here.
Keywords: sukuk versus; post crisis; period; reaction ... See more keywords