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Political uncertainty and firm performance: Does Shariah compliance matter?
The purpose of this thesis is to investigate the relationship between political uncertainty and the performance of Shariah compliant firms. This thesis will examine the relationship between political instability and the performance of Shariah compliant versus non-Shariah complaint firms. This relati...
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| Format: | Thesis |
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AUC Knowledge Fountain
2020
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| _version_ | 1867613412214702080 |
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| access_status_str | Open Access |
| author | Abdelaal, Nourhan |
| author_browse | Abdelaal, Nourhan |
| author_facet | Abdelaal, Nourhan |
| author_sort | Abdelaal, Nourhan |
| collection | Thesis |
| dc_rights_str_mv | The author retains all rights with regard to copyright. The author certifies that written permission from the owner(s) of third-party copyrighted matter included in the thesis, dissertation, paper, or record of study has been obtained. The author further certifies that IRB approval has been obtained for this thesis, or that IRB approval is not necessary for this thesis. Insofar as this thesis, dissertation, paper, or record of study is an educational record as defined in the Family Educational Rights and Privacy Act (FERPA) (20 USC 1232g), the author has granted consent to disclosure of it to anyone who requests a copy. |
| description | The purpose of this thesis is to investigate the relationship between political uncertainty and the performance of Shariah compliant firms. This thesis will examine the relationship between political instability and the performance of Shariah compliant versus non-Shariah complaint firms. This relationship will be examined on two samples. The first sample includes panel data of 12 emerged countries and 6 emerging countries, while the second sample covers US data. Two measures of political instability will be used. The first one is the International Country Risk Guide (ICRG) Index and the second one is elections period. Two OLS models are implemented; both models provide evidence that Shariah compliance has a positive significant effect on firms' performance. The panel data provide evidence that Shariah compliant firms perform better during periods of political instability. However, presidential elections negatively affect performance of Shariah complaint firms in the US. |
| format | Thesis |
| id | oai:fount.aucegypt.edu:etds-1820 |
| institution | American University in Cairo (Egypt) |
| last_indexed | 2026-06-10T12:35:43.583Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from AUC Knowledge Fountain — bepress |
| publishDate | 2020 |
| publishDateRange | 2020 |
| publishDateSort | 2020 |
| publisher | AUC Knowledge Fountain |
| publisherStr | AUC Knowledge Fountain |
| record_format | dspace |
| source_str | AUC Knowledge Fountain — bepress |
| spelling | oai:fount.aucegypt.edu:etds-1820 Political uncertainty and firm performance: Does Shariah compliance matter? Abdelaal, Nourhan The purpose of this thesis is to investigate the relationship between political uncertainty and the performance of Shariah compliant firms. This thesis will examine the relationship between political instability and the performance of Shariah compliant versus non-Shariah complaint firms. This relationship will be examined on two samples. The first sample includes panel data of 12 emerged countries and 6 emerging countries, while the second sample covers US data. Two measures of political instability will be used. The first one is the International Country Risk Guide (ICRG) Index and the second one is elections period. Two OLS models are implemented; both models provide evidence that Shariah compliance has a positive significant effect on firms' performance. The panel data provide evidence that Shariah compliant firms perform better during periods of political instability. However, presidential elections negatively affect performance of Shariah complaint firms in the US. 2020-02-01T08:00:00Z thesis application/pdf https://fount.aucegypt.edu/etds/821 https://fount.aucegypt.edu/context/etds/article/1820/viewcontent/Thesis_nourhan_20abdelaal_Jan2020_after_20defense_final_20version_20.pdf The author retains all rights with regard to copyright. The author certifies that written permission from the owner(s) of third-party copyrighted matter included in the thesis, dissertation, paper, or record of study has been obtained. The author further certifies that IRB approval has been obtained for this thesis, or that IRB approval is not necessary for this thesis. Insofar as this thesis, dissertation, paper, or record of study is an educational record as defined in the Family Educational Rights and Privacy Act (FERPA) (20 USC 1232g), the author has granted consent to disclosure of it to anyone who requests a copy. Theses and Dissertations AUC Knowledge Fountain Shariah compliance ICRG |
| spellingShingle | Shariah compliance ICRG Abdelaal, Nourhan Political uncertainty and firm performance: Does Shariah compliance matter? |
| title | Political uncertainty and firm performance: Does Shariah compliance matter? |
| title_full | Political uncertainty and firm performance: Does Shariah compliance matter? |
| title_fullStr | Political uncertainty and firm performance: Does Shariah compliance matter? |
| title_full_unstemmed | Political uncertainty and firm performance: Does Shariah compliance matter? |
| title_short | Political uncertainty and firm performance: Does Shariah compliance matter? |
| title_sort | political uncertainty and firm performance does shariah compliance matter |
| topic | Shariah compliance ICRG |
| url | https://fount.aucegypt.edu/etds/821 https://fount.aucegypt.edu/context/etds/article/1820/viewcontent/Thesis_nourhan_20abdelaal_Jan2020_after_20defense_final_20version_20.pdf |
| work_keys_str_mv | AT abdelaalnourhan politicaluncertaintyandfirmperformancedoesshariahcompliancematter |