Sukuk Based Financing and Corporate Governance: Case Study of Iranian Sukuk Issuer Companies
In reviewing the research literature, there are many studies that have analyzed the relationship between different methods of financing and corporate governance. Some believe that good corporate governance companies are more successful in equity financing and, in contrary, some others believe in pos...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
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پژوهشگاه حوزه و دانشگاه
2019-03-01
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| Series: | جستارهای اقتصادی |
| Subjects: | |
| Online Access: | https://iee.rihu.ac.ir/article_1590_89bfbe5517a1169a4bf775b303b3b99d.pdf |
| _version_ | 1797294107696037888 |
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| author | Hasan Kiaee Mohammad Soleimani |
| author_facet | Hasan Kiaee Mohammad Soleimani |
| author_sort | Hasan Kiaee |
| collection | DOAJ |
| description | In reviewing the research literature, there are many studies that have analyzed the relationship between different methods of financing and corporate governance. Some believe that good corporate governance companies are more successful in equity financing and, in contrary, some others believe in positive relationship between corporate governance and debt finance. In this paper, to analyze the relations between Sukuk financing and corporate governance, we tried to differentiate between the financier and company points of view in the financing decisions of different corporate governance quality companies. According to the results, in contrary to conventional financing, in both views, there is a positive relationship between Sukuk issuance and the corporate governance. As a case study, we also analyzed the corporate governance characteristics of Sukuk issuing companies in Iran during 2011 to 2016. The results from model estimation confirmed theoretical conclusion and corporate governance variables had positive and significant effects on the Sukuk issuance among Iranian Sukuk issuer companies. |
| first_indexed | 2024-03-07T21:24:23Z |
| format | Article |
| id | doaj.art-f01be48b4d3e4793bf9aeaa4ca0ee42b |
| institution | Directory Open Access Journal |
| issn | 1735-3300 2588-5812 |
| language | fas |
| last_indexed | 2024-03-07T21:24:23Z |
| publishDate | 2019-03-01 |
| publisher | پژوهشگاه حوزه و دانشگاه |
| record_format | Article |
| series | جستارهای اقتصادی |
| spelling | doaj.art-f01be48b4d3e4793bf9aeaa4ca0ee42b2024-02-27T06:50:25Zfasپژوهشگاه حوزه و دانشگاهجستارهای اقتصادی1735-33002588-58122019-03-01163113715910.30471/iee.2019.15901590Sukuk Based Financing and Corporate Governance: Case Study of Iranian Sukuk Issuer CompaniesHasan Kiaee0Mohammad Soleimani1Faculty Member, Faculty of Islamic Studies and Economics, Imam Sadiq University, Tehran, IranFaculty Member, Faculty of Islamic Studies and Economics, Imam Sadiq University, Tehran, IranIn reviewing the research literature, there are many studies that have analyzed the relationship between different methods of financing and corporate governance. Some believe that good corporate governance companies are more successful in equity financing and, in contrary, some others believe in positive relationship between corporate governance and debt finance. In this paper, to analyze the relations between Sukuk financing and corporate governance, we tried to differentiate between the financier and company points of view in the financing decisions of different corporate governance quality companies. According to the results, in contrary to conventional financing, in both views, there is a positive relationship between Sukuk issuance and the corporate governance. As a case study, we also analyzed the corporate governance characteristics of Sukuk issuing companies in Iran during 2011 to 2016. The results from model estimation confirmed theoretical conclusion and corporate governance variables had positive and significant effects on the Sukuk issuance among Iranian Sukuk issuer companies.https://iee.rihu.ac.ir/article_1590_89bfbe5517a1169a4bf775b303b3b99d.pdfcorporate governancesukuk based financingcapital structurefinancing methodsregression model |
| spellingShingle | Hasan Kiaee Mohammad Soleimani Sukuk Based Financing and Corporate Governance: Case Study of Iranian Sukuk Issuer Companies جستارهای اقتصادی corporate governance sukuk based financing capital structure financing methods regression model |
| title | Sukuk Based Financing and Corporate Governance: Case Study of Iranian Sukuk Issuer Companies |
| title_full | Sukuk Based Financing and Corporate Governance: Case Study of Iranian Sukuk Issuer Companies |
| title_fullStr | Sukuk Based Financing and Corporate Governance: Case Study of Iranian Sukuk Issuer Companies |
| title_full_unstemmed | Sukuk Based Financing and Corporate Governance: Case Study of Iranian Sukuk Issuer Companies |
| title_short | Sukuk Based Financing and Corporate Governance: Case Study of Iranian Sukuk Issuer Companies |
| title_sort | sukuk based financing and corporate governance case study of iranian sukuk issuer companies |
| topic | corporate governance sukuk based financing capital structure financing methods regression model |
| url | https://iee.rihu.ac.ir/article_1590_89bfbe5517a1169a4bf775b303b3b99d.pdf |
| work_keys_str_mv | AT hasankiaee sukukbasedfinancingandcorporategovernancecasestudyofiraniansukukissuercompanies AT mohammadsoleimani sukukbasedfinancingandcorporategovernancecasestudyofiraniansukukissuercompanies |