Hamzah, Siti Raihana; Ismath Bacha, Obiyathulla; … - In: Journal of Islamic Accounting and Business Research 9 (2018) 5, pp. 687-700
Purpose: The purpose of this paper is to examine the extent of risk shifting behavior in bonds andsukuk. The examination is significant, as economists and scholars identify risk shifting as the primary cause of the global financial crisis. Yet, the dangers of this debt-financing feature are...