Purpose: The authors draw on psychological reactance theory, collective mental programming, psychological profiles and financial vulnerability experiences to assess the possibility that the pandemic may induce transformative changes in households' behavioral intentions related to financial...

In the first chapter of this dissertation, I hypothesize that several non-tax-driven benefits of debt induce REITs managers to issue debt despite no apparent tax-driven benefit. Several methodologies and tests applied in capital structure literature are introduced to the literature of REITs...

We model the behavior of a hypothetical investor who is interested in U.S. securities but is also interested in compliance with Islamic Investment Guidelines. We apply financial restrictions to 1990-2010 sample of Shariah-recommended REITs. In cumulative performance tests, we find an evidence of...

Using a sample of Islamic and conventional mutual funds managed by HSBC, the fourth largest fund manager in Saudi Arabia, from January 2003 to January 2010, we examine their risk-return behavior by employing a number of performance measures such as Sharpe, Treynor, Jensen Alpha and their...

In this paper, I attempt to explain REITs borrowing behavior. With the absence of tax-deductibility advantage, several non-tax-driven benefits of leverage induce REITs managers to issue debt. Accordingly, I diagnose the relative importance of several non-tax-driven benefits of leverage in...