The encumbrance of institutional investor and board of directors in reducing risk of default for conventional bonds and sukuk in Malaysia
Sukuk yields mimic those of conventional bonds due to having similar features. Sukuk are shariah-compliant securities that offer different structures to those of conventional bonds. Therefore, it is believed that the spreading of yields should also be different. The presence of key institutional inv...
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Penerbit Universiti Kebangsaan Malaysia
2023
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