IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-03547793.html
   My bibliography  Save this paper

Banks' Capital Structure Determinants: A Comparative Analysis Between Islamic and Conventional Banks based on Corporate and Regulatory Approaches

Author

Listed:
  • Kaouther Toumi

    (LGCO - Laboratoire Gouvernance et Contrôle Organisationnel - UT3 - Université Toulouse III - Paul Sabatier - UT - Université de Toulouse)

Abstract

The research aims to empirically investigate the banks' capital structure determinants by considering 386 listed and unlisted banks categorized into 74 IBs, 256 CBs, and 56 HBs from 20 countries for 2008-2016 based on corporate and regulatory approaches. The main findings are interesting. From a corporate approach, we find differences between IBs, CBs and HBs regarding the determinants of their capital structure which offer an empirical confirmation of the reduced information asymmetry in an Islamic finance context. From a regulatory approach, the findings show similarities regarding the negative impact of deposit insurance schemes on the regulatory capital for all types of banks. When focusing on IBs, we evidence that banks subject to Shari'ah-compliant deposit insurance schemes hold lower capital than those subject to conventional deposit insurance schemes.

Suggested Citation

  • Kaouther Toumi, 2021. "Banks' Capital Structure Determinants: A Comparative Analysis Between Islamic and Conventional Banks based on Corporate and Regulatory Approaches," Post-Print hal-03547793, HAL.
    • Handle: RePEc:hal:journl:hal-03547793
    DOI: 10.2139/ssrn.2868780
    Note: View the original document on HAL open archive server: https://hal.science/hal-03547793
    as

    Download full text from publisher

    File URL: https://hal.science/hal-03547793/document
    Download Restriction: no
    File URL: https://libkey.io/10.2139/ssrn.2868780?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Financial decision; Islamic ethics; Banks; Corporate finance theories; Regulation;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-03547793. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.