Abstract
The purpose of this paper is to empirically examine the effect of intangible and financial resources on accounting- and market-based performance of two bank business models i.e. conventional and Islamic banks operating in fourteen different countries worldwide for two periods referred as pre (2006-2007) and post (2009-2010) financial crisis (568 observations). The required data to calculate different constituents of intangible (i.e. intellectual capital (IC)) and financial resources is derived from Bankscope database. The results reveal that both IC and financial capital resources are necessary for banks being conventional or Islamic to create value at all times i.e. pre- and post-crisis period. The results further indicate a positive relationship between IC, financial capital and accounting performance of both sets of banking; however IC and financial capital are only significantly associated with the market value of Islamic banks.
DOI
10.22495/cocv14i1c3p1
Publication Date
2016-10-01
Publication Title
Corporate Ownership and Control
Volume
14
Issue
1 continued 3
Publisher
Virtus Interpress
ISSN
1810-3057
Embargo Period
2024-11-19
First Page
403
Last Page
413
Recommended Citation
Nawaz, T. (2016) 'Determinants of sustainable growth: A comparative analysis of conventional and islamic banks', Corporate Ownership and Control, 14(1 continued 3), pp. 403-413. Virtus Interpress: Available at: https://doi.org/10.22495/cocv14i1c3p1