Zaminor Zamzamir; Bin Haron, Razali; Ahmad Baharul … - In: Islamic economic studies 28 (2021) 2, pp. 156-173
Purpose This study examines the impact of hedging on firm value of Sharīʿah compliant firms (SCFs) in a non-linear framework. Design/methodology/approach This study employs the system-GMM for dynamic panel data to examine the influence of derivatives usage on firm value (Tobin's Q, ROA and...