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All Outputs (18)

Regulatory Arbitrage in Relation to International Human Rights (2019)
Journal Article
Minhat, M., Abdullah, M., & Dzolkarnaini, N. (2019). Regulatory Arbitrage in Relation to International Human Rights. Journal of Human Rights, 18(5), 579-596. https://doi.org/10.1080/14754835.2019.1647097

The adoption of the United Nations (UN) Charter in 1945 marked the legalization of international human rights. Despite the legalized status of human rights, their violation by states is not uncommon. This article questions why a state might violate i... Read More about Regulatory Arbitrage in Relation to International Human Rights.

Stock Options and Credit Default Swaps in Risk Management (2017)
Journal Article
Al-Own, B., Minhat, M., & Gao, S. (2018). Stock Options and Credit Default Swaps in Risk Management. Journal of International Financial Markets, Institutions and Money, 53, 200-214. https://doi.org/10.1016/j.intfin.2017.09.021

The use of stock options and credit default swaps (CDS) in banks is not uncommon. Stock options can induce risk-taking incentives, while CDS can be used to hedge against credit risk. Building on the existing literature on executive compensation and r... Read More about Stock Options and Credit Default Swaps in Risk Management.

Which firms use Islamic financing? (2016)
Journal Article
Minhat, M., & Dzolkarnaini, N. (2017). Which firms use Islamic financing?. Economics Letters, 150, 15-17. https://doi.org/10.1016/j.econlet.2016.10.036

This study explores to what extent the Islamic financing instruments are used by non-financial firms and whether profitability influences such financing choice. Based on a panel data of firms from fourteen developing countries for the 2005-2009 perio... Read More about Which firms use Islamic financing?.

Islamic corporate financing: does it promote profit and loss sharing? (2016)
Journal Article
Minhat, M., & Dzolkarnaini, N. (2016). Islamic corporate financing: does it promote profit and loss sharing?. Business Ethics: A European Review, 25(4), 482-497. https://doi.org/10.1111/beer.12120

Islamic financing instruments can be categorised into profit and loss/risk sharing and non-participatory instruments. Although profit and loss sharing instruments such as musharakah are widely accepted as the ideal form of Islamic financing, prior st... Read More about Islamic corporate financing: does it promote profit and loss sharing?.

Bankers’ stock options, risk-taking and the financial crisis (2016)
Journal Article
Minhat, M., & Abdullah, M. (2016). Bankers’ stock options, risk-taking and the financial crisis. Journal of Financial Stability, 22, 121-128. https://doi.org/10.1016/j.jfs.2016.01.008

This study investigates the relationship between the use of stock options and bank risk in the context of the 2007-2008 financial crisis for banks that are authorised to accept deposits in the United Kingdom. These banks are affected by the European... Read More about Bankers’ stock options, risk-taking and the financial crisis.

Islamic finance: is it about how fast to get there? (2015)
Journal Article
Minhat, M., & Dzolkarnaini, N. (2015). Islamic finance: is it about how fast to get there?. Islamic Finance Review, 5(4), 64-67

In this article, we call for the sincerity and honesty of Islamic finance academics in disseminating knowledge about the real state of the Islamic finance industry. Uncomfortable truths about Islamic finance as practised, if left unspoken, could resu... Read More about Islamic finance: is it about how fast to get there?.

Is executive compensation a substitute governance mechanism to debt financing and leasing? (2015)
Journal Article
Minhat, M., & Dzolkarnaini, N. (2016). Is executive compensation a substitute governance mechanism to debt financing and leasing?. Applied Economics, 48(14), 1293-1302. https://doi.org/10.1080/00036846.2015.1100247

This study examines whether and how CEO equity incentives relate to financing choices (i.e., debt and leases). Using manually collected CEO compensation and lease data for a sample of large UK firms, we found evidence of a negative relationship betwe... Read More about Is executive compensation a substitute governance mechanism to debt financing and leasing?.

Creating big interest in non-interest Islamic finance (2015)
Journal Article
Minhat, M., & Dzolkarnaini, N. (2015). Creating big interest in non-interest Islamic finance. Islamic Finance Review, 5(2), 40-43

At the first glance, the interest in Islamic finance seems growing at an impressive scale. The statistics reported in the media and academic literature are encouraging. However, one can still be critical about the extent of real interest gained, espe... Read More about Creating big interest in non-interest Islamic finance.

Compensation consultants and CEO pay (2014)
Journal Article
Kabir, R., & Minhat, M. (2014). Compensation consultants and CEO pay. Research in International Business and Finance, 32, 172-189. https://doi.org/10.1016/j.ribaf.2014.05.003

The study examines the practice of employing multiple compensation consultants. Examining data of a sample of UK companies over the period 2003–2006 we find that CEOs receive higher equity-based pay when firms employ more than one compensation consul... Read More about Compensation consultants and CEO pay.

Executive compensation in government-linked companies: evidence from Malaysia (2014)
Journal Article
Minhat, M., & Abdullah, M. (2014). Executive compensation in government-linked companies: evidence from Malaysia. Applied Economics, 46(16), 1861-1872. https://doi.org/10.1080/00036846.2014.887192

The aim of this study was to explore the characteristics of executive pay, equity ownership incentives and pay–performance relationship in government-controlled firms. Data were hand-collected from the annual reports of 179 companies listed on Bursa... Read More about Executive compensation in government-linked companies: evidence from Malaysia.

Measuring compliance with IFRS mandatory disclosure requirements: some evidence from Malaysia (2013)
Journal Article
Abdullah, M., & Minhat, M. (2013). Measuring compliance with IFRS mandatory disclosure requirements: some evidence from Malaysia. Australian journal of basic and applied sciences / International network for scientific information ; INSInet, 7, 163-169

This study examines 225 Malaysian public listed firms’ compliance with IFRS mandatory disclosure requirements during 2008. Two unweighted methods of measuring compliance are used: the dichotomous method and the partial compliance method. The results... Read More about Measuring compliance with IFRS mandatory disclosure requirements: some evidence from Malaysia.

Some observations on mandatory disclosure practices of Malaysian public Listed companies (2013)
Journal Article
Abdullah, M., Sulaiman, N. A., Sapiei, N. S., & Minhat, M. (2013). Some observations on mandatory disclosure practices of Malaysian public Listed companies. Middle East journal of scientific research, 17, 1228-1236. https://doi.org/10.5829/idosi.mejsr.2013.17.09.12278

This study investigates the mandatory disclosure practices evident in the annual reports of Malaysian public listed companies. Our findings show that none of the examined companies fully met the mandatory disclosure requirements even though the compa... Read More about Some observations on mandatory disclosure practices of Malaysian public Listed companies.

Corporate disclosure quality in Malaysia (2013)
Journal Article
Abdullah, M., & Minhat, M. (2013). Corporate disclosure quality in Malaysia. International Journal of Education and Research, 1,

The objective of this study is to examine the quality of corporate disclosure in the annual reports of Malaysian public listed companies. It reviewed the reports published by the Malaysian Institute of Accountants from 2006-2012 on the common findi... Read More about Corporate disclosure quality in Malaysia.

Islamic financial instruments in corporate firms’ balance sheet: a research note (2012)
Journal Article
Dzolkarnaini, N., & Minhat, M. (2012). Islamic financial instruments in corporate firms’ balance sheet: a research note. International Journal of Excellence in Islamic Banking and Finance, 2,

Purpose: This paper examines the use of Islamic Financial Instruments (IFIs) in the corporate firms’ balance sheet. Methodology/Approach: The overall research approach involves an examination of annual reports of 20 top non-financial firms from 16 c... Read More about Islamic financial instruments in corporate firms’ balance sheet: a research note.

The Uncertainty of Standard of Value (2006)
Journal Article
Minhat, M. (2006). The Uncertainty of Standard of Value. Accountants Today, 19(2), 32-34

National Accountants Conference (NAC) 2005 recognised accountants as the ‘managers of value’. However, this recognition carries with it a huge responsibility once we comprehend the notion of ‘value. Have we ever wondered that the value of money, our... Read More about The Uncertainty of Standard of Value.

The Theory of Uncertainty (2005)
Journal Article
Minhat, M. (2005). The Theory of Uncertainty. Accountants Today, 18(6), 22-23

In the business world, accountants are perceived as individuals with high levels of competency in decision-making involving economic criterion of costs versus benefits, measured in terms of monetary units. They are involved in the valuation of assets... Read More about The Theory of Uncertainty.