ISLAMIC LABEL AND STOCK PRICE CRASH RISK
This study explores how an Islamic label on firms influences stock price crash risk in Indonesia. We utilize a sample of 566 nonfinancial firms listed between 2016 and 2021, apply panel data method, and find that the Islamic label benefits the firms by lowering crash risk. Investors consider firms w...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Bank Indonesia
2025-05-01
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| Series: | Journal of Islamic Monetary Economics and Finance |
| Subjects: | |
| Online Access: | https://jimf-bi.org/index.php/JIMF/article/view/2661 |
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