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We examine the relationship between financial firm corporate lobbying, shareholder-based litigation outcomes, and firm value. We show that political lobbying lowers federal class action securities litigation likelihood for public financial institutions. Secondly, lobbying firms experience a...
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, following the same policy and guidelines for Islamic and conventional banking by the Bangladesh Bank, presence of a … market, and the lack of legal support and protection of Bangladesh Bank to avoid the associated risks of Islamic banks. For …
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The crystallization of the Islamic capital markets (ICM) in the last decade has led to increased acceptance of Islamic financial products in the global market. However, a fundamental question that lies at the intersection of law and ICM that has a far-reaching impact on market practices is the...
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’a function. In 2017, the Central Bank of Bahrain issued a new Shari’a Governance module (SG) in its rulebook, requiring all …
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