Some Implications of Debt Versus Equity-Based Financing in the Backdrop of Financial Crises
16 Pages Posted: 6 Nov 2017
Date Written: January 2015
Abstract
This paper reflects on some of the consequences of replacing debt-based financing with equity-based financing and alludes to some testable hypothesis and theoretical and philosophical debates for future research. The paper complements the analysis presented in the paper of Askari in this issue. At the end the paper, we focus on certain aspects that need to be emphasized.
Suggested Citation: Suggested Citation
Khan, Hayat, Some Implications of Debt Versus Equity-Based Financing in the Backdrop of Financial Crises (January 2015). Journal of King Abdulaziz University: Islamic Economics, Vol. 28, No. 1, 2015, Available at SSRN: https://ssrn.com/abstract=3065293
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