Purpose The purpose of this paper is to examine whether Islamic finance could replace or complement the traditional financial system and could guarantee stability in times of crisis. Design/methodology/approach To achieve the aim, the authors examined both risk-taking and profitability of 94...

Risk is an important factor in explaining capital structure choices of companies. This paper proposes a framework where we realized a study case: in this study we test if return on assets and return on equity has influence on the risk, both on long and short term. For this purposes, we conduct...