Shariah Compliance Status and Value of Analysts’ Recommendation Revisions: Evidence from Malaysia
This study examines the effect of 1096 analyst recommendation revisions on prices of Shariah-compliant and Shariah non-compliant listed securities in Bursa Malaysia over the period 2005-2016. The study finds that while stocks added-to-buy had positive abnormal returns, the stocks added-to-sell and r...
| Main Authors: | , |
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| Format: | Article |
| Language: | Arabic |
| Published: |
Social Sciences University of Ankara
2021-07-01
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| Series: | Journal of Islamic Economics |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/download/article-file/1622493 |