Purpose: This paper aims to document the information transmission capacity of Shariah-compliant firms. Design/methodology/approach: The vector auto-regression (VAR) model is used to test the information transmission capacity of Shariah-compliant firms in India during the period between 2010 and...

Purpose: The purpose of this paper is to provide empirical evidence on the informational role played by ownership concentration. Design/methodology/approach: The authors use bivariate vector autoregressive models to document the informational role of ownership concentration. Findings: The...

Purpose – The purpose of this paper is to document the performance of analysts' recommendations for shariah-compliant firms and non-shariah-compliant firms in the MENA region during the period between 2005 and 2009. Design/methodology/approach – This paper uses post-recommendation...

Purpose – This paper aims to answer the following questions by using the data from the MENA region (Morocco, Egypt, Saudi Arabia, United Arab Emirates, Jordan, Kuwait and Bahrain): Do Shariah-compliant firms differ from other firms in the quality of information disclosure? and Can investors...

Purpose This paper aims to document the relative performance of non-financial shariah-compliant firms and non-financial non-shariah-compliant firms in the MENA (Morocco, Egypt, Saudi Arabia, United Arab Emirates, Jordan, Kuwait and Bahrain) region during the period between 2005 and 2009....