Abstract:The main objective of this paper is to provide new empirical evidence on the size and determinants of the indirect financial distress costs for Malaysia's financially distressed firms. The use data from non-financial shariah-compliant financially distressed firms is the unique contribution of this paper. The analysis used the opportunity costs as the proxy for indirect financial distress cost. The population for this research is all shariah-compliant firms classified as financially distressed under the require… Show more
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