INTELLECTUAL CAPITAL, FINANCIAL CRISIS AND PERFORMANCE OF ISLAMIC BANKS: DOES SHARIAH GOVERNANCE MATTER?
International Journal of Business and Society
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Title |
INTELLECTUAL CAPITAL, FINANCIAL CRISIS AND PERFORMANCE OF ISLAMIC BANKS: DOES SHARIAH GOVERNANCE MATTER?
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Creator |
Nawaz, Tasawar
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Description |
This paper empirically examines the impact of intellectual capital (IC) and Shariah governance on economic performance of 47 Islamic banks (IBs) operating in the Gulf Cooperation Council (GCC) region in pre- and post-financial crisis period. The analysis suggests that higher IC efficiency helps IBs to improve their odds of survival at all times i.e. before- and after-crisis. Further, higher IC efficiency helps IBs to maintain their profitability i.e. ROA and market valuation i.e. Tobin’s Q at all times. Arguably, knowledge-resources i.e. IC is the main line of defence for IBs against negative shocks. Lastly, the study reveals that Shariah governance alone may fall short in explaining the growth trends in Islamic finance industry. Keywords: Intellectual Capital; Shariah Governance; Financial Crisis; Islamic Worldview; Economic Performance.
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Publisher |
Faculty of Economics and Business, UNIMAS
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Date |
2017-11-17
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://publisher.unimas.my/ojs/index.php/IJBS/article/view/497
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Source |
International Journal of Business and Society; Vol 18 No 1 (2017): International Journal of Business and Society
1511-6670 |
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Language |
eng
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Relation |
http://publisher.unimas.my/ojs/index.php/IJBS/article/view/497/437
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Rights |
Copyright (c) 2017 International Journal of Business and Society
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