Frontmatter -- Foreword -- Preface -- Structure of the Book -- Additional Materials -- Acknowledgment -- Contents -- 1 Introduction -- 2 Capital Structure Theories and its Determinants -- 3 Shari’ah Compliant Equities and Capital Structure -- 4 Establishing a Framework for Comparative Analysis...

This paper surveys the literature to document the main stylized facts, risks, and policy challenges related to the expansion of global nonfinancial corporate debt after the 2008-09 global financial crisis. Nonfinancial corporate debt steadily increased after the crisis, especially in emerging...

International credit can be fickle and subject to sudden stops during periods of global economic stress. Non-financial corporate borrowers that rely on credit from abroad are vulnerable to reversals in capital flows. Similarly, corporates that borrow in foreign currency may face problems rolling...