Purpose: Studies on Islamic calendar anomalies in financial markets tend to apply quantitative analysis to historic share prices. Surprisingly, there is a lack of research investigating whether the participants of such markets are aware of these anomalies and whether these anomalies affect...

Despite the importance and prevalence of corporate political activities in modern organizations, there remains noticeable limited insights on the potential relationship between political contributions and companies risk-taking activities. Using a cross-country sample of 307 firms from 22...