Does venture capital substitute Islamic profit and loss sharing contracts? theoretical analysis on Musharakah and venture capital

This paper emphasizes on the conflicts of interest between agents in order to assess whether venture capital can be a potential model of musharakah in imperfect markets. To achieve this purpose, this study opts for the financial contracting enforceability approach and Monte-Carlo simulation to ident...

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Bibliographic Details
Main Authors: Ajmi, Hechem, Abd. Aziz, Hassanuddeen, Kassim, Salina
Format: Article
Language:English
English
Published: Universiti Putra Malaysia 2020
Subjects:
Online Access:http://irep.iium.edu.my/83077/1/83077_Does%20venture%20capital%20substitute%20Islamic%20profit%20and%20loss%20sharing%20contracts.pdf
http://irep.iium.edu.my/83077/2/83077_Does%20venture%20capital%20substitute%20Islamic%20profit%20and%20loss%20sharing%20contracts_scopus.pdf
http://irep.iium.edu.my/83077/
http://www.ijem.upm.edu.my/vol14no1/8)%20Does%20Venture%20Capital.pdf
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