Does venture capital substitute Islamic profit and loss sharing contracts? theoretical analysis on Musharakah and venture capital
This paper emphasizes on the conflicts of interest between agents in order to assess whether venture capital can be a potential model of musharakah in imperfect markets. To achieve this purpose, this study opts for the financial contracting enforceability approach and Monte-Carlo simulation to ident...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English English |
| Published: |
Universiti Putra Malaysia
2020
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/83077/1/83077_Does%20venture%20capital%20substitute%20Islamic%20profit%20and%20loss%20sharing%20contracts.pdf http://irep.iium.edu.my/83077/2/83077_Does%20venture%20capital%20substitute%20Islamic%20profit%20and%20loss%20sharing%20contracts_scopus.pdf |