This paper analyzes the second-best pricing and investment rules to be followed in the transportation industries in the presence of intermodal competition, exogenous price distortions, and financing constraints, using both theoretical and simulation analysis. It shows that price distortions and financing constraints in one mode will not only affect the investment rules in that mode, but will al...

This study examines the relationship between religiosity and Islamic debt financing based on Malaysian non-financial listed firms from 2012 to 2018. We find that Muslim CEOs allocate more in their compared non-Muslim CEOs, which support upper echelons theory. However, we sociological pressure Stakeholders display no significant effect financing. Interestingly, further will incline matter whethe...

This paper examines the dynamics of the nominal exchange rate and fiscal deficits in a continuous time optimising general equilibrium model with finite horizon. It is shown that alternative financing modes of budget deficits imply different patterns of adjustment and that fiscal policy may provide the nominal anchor for the exchange rate. Our major finding is that after a fiscal expansion the r...

The basic principles attached to Islamic banks direct minimize their exposure excessive financing. However, various previous studies have shown the tendency for financing by take risks. On other hand, this type of sharia contract tends be protective in a downturn economy. purpose study is analyze risk-taking behaviour and response This uses qualitative approach with technical analysis literatur...

Purpose: In supporting APBN financing, the government always prioritizes non-debt financing. However, also uses debt financing to meet needs of state budget. One alternative efforts that must be made by Government is develop Sharia-based SBN or what can called Sukuk Negara. Method: This research a qualitative methodology. Result: Based on results has been conducted, it known State have major ro...