Open AccessMarket power and performance: An Islamic banking perspective
Author(s) -
Bahaa Awwad
Publication year - 2018
Publication title -
corporate ownership and control
Language(s) - English
Resource type - Journals
eISSN - 1810-0368
pISSN - 1727-9232
DOI - 10.22495/cocv15i3c1p2
Subject(s) - islam , monopoly , islamic banking , perspective (graphical) , business , market power , power (physics) , financial system , economics , accounting , monetary economics , classical economics , market economy , artificial intelligence , computer science , philosophy , physics , theology , quantum mechanics
This study aims to test the theories of market power and its role in interpreting the performance of Islamic banks in the GCC countries. Based on data from 22 Islamic banks for the period 2012-2017, using standard models, market power theories were unable to explain the returns of Islamic banks in the Gulf. Accordingly, these results deny the existence of an impact of monopoly in the structure of the Islamic banking sector in the performance of this sector, as well as the impact of traditional efficiency in its performance.