Differences and similaritites between corporate governance principles in Islamic banks and Conventional banks

Citation data:

Research in International Business and Finance, ISSN: 0275-5319, Vol: 42, Page: 1005-1010

Publication Year:
2017
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DOI:
10.1016/j.ribaf.2017.07.036
Author(s):
Osama Shibani; Cristina De Fuentes
Publisher(s):
Elsevier BV
Tags:
Business, Management and Accounting; Economics, Econometrics and Finance
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article description
The purpose of this paper is to present the some differences and similarities between corporate governance principles in Islamic banks and conventional banks by paradigmatic diversification. Since Corporate governance in Islamic banks is a social phenomenon in Islamic societies, the paper uses social theory paradigms (functionalist, interpretive, radical humanist and radical structuralist) to compare between corporate governance in Islamic banks and conventional banks. This paper demonstrates that mainstream corporate corporate governance theories are not a law of nature but a social construct.