| Autor: |
Sibghatullah, A., Azam, M., Saraih, U. N., Abidin, N. Z., Nasir, N. F. Mohd, Marniati, Marniati |
| Předmět: |
|
| Zdroj: |
AIP Conference Proceedings; 2024, Vol. 2991 Issue 1, p1-8, 8p |
| Abstrakt: |
The purpose of this study is to identify the main factors that are significantly influencing the Shariah compliance status of the listed firms at the Pakistan Stock Exchange. This research examines the extent to which variations in directors' characteristics and firm-specific factors affect the company's status with respect to Shariah compliance. A total of 80 listed companies on the Pakistan Stock Exchange were selected. The data were collected from the companies' financial reports for the period of 2013-2017 (N = 400). The research models were tested using fixed and random effects logit analysis on STATA 15. The findings reveal that the director's religion, Islamic financing, Islamic institutes' shareholdings, payout ratio, and stock return significantly influence Shariah compliance status in Pakistan. This study is the first to explore the directors' characteristics and firm-specific factors that impact Shariah compliance status to the best of our knowledge. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
|
