Farooq, Omar; Tbeur, Oumkeltoum - In: International Journal of Economics and Business Research 6 (2013) 2, pp. 158-172
Do shariah-compliant firms pay higher dividends than other firms? Using data from the MENA (Morocco, Egypt, Saudi Arabia, UAE, Jordan, Kuwait, and Bahrain) region, this paper shows that shariah-compliant firms not only have higher payout ratios but also have higher likelihood to pay dividends...