Mollah, S., Skully, M. and Liljeblom, E. (2021) Strong boards and risk-taking in Islamic banks. Review of Corporate Finance, 1 (1-2). pp. 135-180. ISSN 2693-9312
Abstract
This paper examines whether variations in strong boards explain the differences between risk-taking in Islamic and conventional banks. From an analysis of a pooled sample of Islamic and conventional banks, we find that strong boards in general serve their shareholders through engaging in higher risk-taking activities across both types of banks. In Islamic banks, however, the Shari’ah Supervisory Board (SSB) is found to mitigate risk-taking when integrated with a strong board, as religiosity restrains risk-taking.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2021 The Authors. This is an author-produced version of a paper subsequently published in Review of Corporate Finance. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Strong board; SSB; religiosity; risk-taking; Islamic banks; conventional banks |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Management School (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 10 May 2021 07:19 |
Last Modified: | 29 Apr 2022 00:38 |
Status: | Published |
Publisher: | now publishers inc. |
Refereed: | Yes |
Identification Number: | 10.1561/114.00000004 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:173863 |