Do Firms in the Islamic Index Differ from Others? Evidence of Cost of Debt in Sharia Firms in Indonesia

Do Firms in the Islamic Index Differ from Others? Evidence of Cost of Debt in Sharia Firms in Indonesia

This study investigates the effect of sharia firms on the cost of debt in the Indonesian market. We use OLS regression to examine the relationship by applying 1870 data observations of nonfinancial companies registered on the Indonesia Sharia Stock Index (ISSI) during 2012–2018. We found that sharia...

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Bibliographic Details
Main Authors: Vidia Gati, Iman Harymawan, Mohammad Nasih
Format: Article
Language:English
Published: MDPI AG 2022-05-01
Series:Economies
Subjects:
cost of debt
independent commissioners
sharia firms
Online Access:https://www.mdpi.com/2227-7099/10/5/119

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