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Professor Mehmet Asutay's Outputs (8)

Ethical Disclosure in the Shari’ah Annual Reports of Islamic Banks: Discourse on Shari’ah Governance, Quantitative Empirics and Qualitative Analysis (2020)
Journal Article
Sencal, H., & Asutay, M. (2021). Ethical Disclosure in the Shari’ah Annual Reports of Islamic Banks: Discourse on Shari’ah Governance, Quantitative Empirics and Qualitative Analysis. Corporate Governance, 21(1), 175-211. https://doi.org/10.1108/cg-01-2020-0037

Purpose As an essential component of Islamic governance for ensuring religious compliance, Shari’ah annual reports (SARs) play an important role in providing communication between Shari’ah board (SB) members and stakeholders. This paper aims to deter... Read More about Ethical Disclosure in the Shari’ah Annual Reports of Islamic Banks: Discourse on Shari’ah Governance, Quantitative Empirics and Qualitative Analysis.

Combining Islamic Equity Portfolios and Digital Currencies: Evidence from Portfolio Diversification (2020)
Book Chapter
El Alaoui, A. O., Dchieche, A., & Asutay, M. (2021). Combining Islamic Equity Portfolios and Digital Currencies: Evidence from Portfolio Diversification. In N. Alam, & S. Nazim Ali (Eds.), Fintech, digital Currency and the future of Islamic finance. Palgrave Macmillan. https://doi.org/10.1007/978-3-030-49248-9_3

Digital currencies are unregulated and potentially have a destabilizing effect coupled with increased concerns over capital gains and losses in a high volatility environment. When added to a portfolio, this currency may have certain driving factors i... Read More about Combining Islamic Equity Portfolios and Digital Currencies: Evidence from Portfolio Diversification.

Risk Management and Corporate Governance Failures in Islamic Banks: A Case Study (2020)
Journal Article
Alhammadi, S., Archer, S., & Asutay, M. (2020). Risk Management and Corporate Governance Failures in Islamic Banks: A Case Study. Journal of Islamic Accounting and Business Research, 11(9), 1921-1939. https://doi.org/10.1108/jiabr-03-2020-0064

Purpose: The purpose of this paper is to show how the choice and ongoing evaluation of a firm’s business model, as a matter of strategic guidance, are key aspects of corporate governance (CG), with particular reference to risk management (RM) in Isla... Read More about Risk Management and Corporate Governance Failures in Islamic Banks: A Case Study.

Political Economy of Islamic Banking Growth: Does Political Regime and Institutions, Governance and Political Risks Matter? (2020)
Journal Article
Asutay, M., & Sidek, N. (2021). Political Economy of Islamic Banking Growth: Does Political Regime and Institutions, Governance and Political Risks Matter?. International Journal of Finance and Economics, 26(3), 4226-4261. https://doi.org/10.1002/ijfe.2011

This article explores the political economy of Islamic banking by examining the impact of political regime types, institutional environment, government and political risk on the development of Islamic banking proxied by financing or loan growth in th... Read More about Political Economy of Islamic Banking Growth: Does Political Regime and Institutions, Governance and Political Risks Matter?.

Do Government Expenditures and Institutions Drive Growth? Evidence from Developed and Developing Economies (2020)
Journal Article
Zahirah Mohd Sidek, N., & Asutay, M. (2021). Do Government Expenditures and Institutions Drive Growth? Evidence from Developed and Developing Economies. Studies in Economics and Finance, 38(2), 400-440. https://doi.org/10.1108/sef-10-2019-0412

Purpose – Most empirical studies on the government expenditure-economic growth nexus suggest a negative relationship between the size of the government expenditures and economic growth especially government consumption expenditures. Given these findi... Read More about Do Government Expenditures and Institutions Drive Growth? Evidence from Developed and Developing Economies.

Liquidity Risk Exposure and its Determinants in the Banking Sector: A Comparative Analysis between Islamic, Conventional and Hybrid Banks (2020)
Journal Article
Mohammad, S., Asutay, M., Dixon, R., & Platonova, E. (2020). Liquidity Risk Exposure and its Determinants in the Banking Sector: A Comparative Analysis between Islamic, Conventional and Hybrid Banks. Journal of International Financial Markets, Institutions and Money, 66, Article 101196. https://doi.org/10.1016/j.intfin.2020.101196

This study aims to explore and examine the liquidity risk that Islamic banks are exposed to in a comparison with conventional and hybrid banks in the case of 145 commercial banks for the period of 1996–2015. This study also examines the factors deter... Read More about Liquidity Risk Exposure and its Determinants in the Banking Sector: A Comparative Analysis between Islamic, Conventional and Hybrid Banks.

The Effects of Regulation and Supervision on the Risk-Taking Behaviour of Islamic Banks (2020)
Journal Article
Asutay, M., Ayturk, Y., & Aksak, E. (2020). The Effects of Regulation and Supervision on the Risk-Taking Behaviour of Islamic Banks. Journal of Islamic Accounting and Business Research, 11(9), 1953-1967. https://doi.org/10.1108/jiabr-12-2019-0222

Purpose: This study examines the impact of the regulatory and supervisory environment on the risk-taking behaviour of Islamic banks. The impact of the heterogeneous nature of the banking environment in the sampled countries is also considered. Design... Read More about The Effects of Regulation and Supervision on the Risk-Taking Behaviour of Islamic Banks.