Al-Khazali, Osamah; Hooi Hooi Lean; Zoubi, Taisier A. - In: International Journal of Financial Studies : open … 10 (2022) 4, pp. 1-14
This paper examines whether small Islamic firms' returns stochastically dominate (outperform) the returns of large Islamic firms using Ascending and Descending Stochastic Dominance (ASD and DSD) approaches. In other words, we investigate the size anomaly in Islamic equity indices. We use global,...
