Diversity and risk taking in Islamic banks: Does public listing matter?

Jabari, Huthayfa Nabeel and Muhamad, Rusnah (2022) Diversity and risk taking in Islamic banks: Does public listing matter? Borsa Istanbul Review, 22 (3). pp. 546-559. ISSN 2214-8450, DOI https://doi.org/10.1016/j.bir.2021.07.003.

Full text not available from this repository.

Abstract

This study examines two dimensions of diversity on the board of directors (BOD) and the sharia supervisory board (SSB), namely, gender diversity and educational diversity, and their influence on risk taking by Islamic banks. The study extends the literature by examining whether the influence of gender and educational diversity on Islamic banks' risk taking differs based on whether the bank is publicly listed. Based on a sample of Islamic banks in twenty-six countries, the findings suggest that greater representation of women on the BOD decreases the insolvency risk at listed Islamic banks and that the educational diversity of BOD and SSB members has a significant influence on Islamic banks' risk taking, conditional on whether they are publicly listed. The results are robust to market-based risk measures and the use of a difference-generalized method of moments estimator and propensity score matching technique. Copyright (c) 2021, Borsa _Istanbul Anonim S,irketi. Production and hosting by Elsevier B.V. This is an open access article under the CC BY-NCND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).

Item Type: Article
Funders: None
Uncontrolled Keywords: Gender diversity; Educational diversity; Islamic banks
Subjects: H Social Sciences > HG Finance
H Social Sciences > HG Finance > Banking
Divisions: Faculty of Business and Accountancy
Depositing User: Ms. Juhaida Abd Rahim
Date Deposited: 16 Oct 2023 02:35
Last Modified: 16 Oct 2023 02:35
URI: http://eprints.um.edu.my/id/eprint/42175

Actions (login required)

View Item View Item