This thesis consists of three essays analysing corporate governance (CG) reforms in emerging economies, with a particular focus on Oman. The three essays focus on three closely related CG topics that quantitatively examine the extent to which Omani CG reforms have been effective…
This thesis investigates value creation in MBO transactions and the effect of earnings management on the perceived performance improvements following buyout. Various samples of buyouts are used to examine earnings management and performance, however, especial attention is given …
In my thesis, I explore German-Turks’ social identity and research its impact on their financial investment decisions. A systematic literature review reveals a research gap on financial investment decision making, as well as on qualitative research on social identity. I collecte…
This thesis contributes to the ongoing discussion about the financial and statistical modelling of returns on financial stock markets. It develops the asset pricing model concept which has received continuous attention for almost 50 years in the area of finance, as a method by w…
This thesis empirically analyses corporate governance reforms in Saudi Arabia using a mixed-methods research design. Saudi Arabia has recently pursued corporate governance reforms; the establishment of the Capital Market Authority (CMA) in 2003 and the publication of the Saudi C…
Strategic thinking (ST) is a process by which managers and employees try to find alternative ways to solve problems in order to deal with rapid changes and forces in a business environment. Strategic thinking was established and has been used extensively in developed countries. …
The eXtensible Markup Language (XML) has been widely adopted in many financial institutions in their daily transactions; this adoption was due to the flexible nature of XML providing a common syntax for systems messaging in general and in financial messaging in specific. Excessi…
This study aimed to investigate the main impact of adopting the International Financial Report Standards (IFRSs) on the users of financial reports in both the Dubai Financial Market (DFM) and the Abu Dhabi stock exchange (ADX). The study has also examined the impact of adopting …
The purpose of this thesis is to provide a new simple theoretical framework for understanding the sterilisation of foreign exchange intervention within a monetary policy framework where a short-term interest rate is the main policy instrument. Another aim is to carry out new emp…
E-CRM emerges from the Internet and web technology to facilitate the implementation of CRM; it focuses on Internet or web-based interaction between banks and their customers. In particular, E-CRM enables banks to provide appropriate service and products to satisfy the customer a…
The purpose of this research is to examine how differences in multinational institutional environments shape the design and use of management control systems (MCSs) in multinational enterprises (MNEs). This study is motivated by the lack of research into how MNEs from less devel…
This thesis is based on a case study of the design and use of management control systems (MCS) in a post-merger organisation. The study, which is motivated by the lack of literature on management control systems under mergers and acquisitions, is based on a Nigerian bank that ha…
Aiming to speak to broader debates about the nature of state power in relation to the economy this thesis concentrates on central bank agency and monetary governability. More specifically, it focuses on a single case: The agency of the European Central Bank (ECB) and the making,…
This thesis is an investigation of Britain’s negotiations of its EU budget rebate. It attempts to answer the main question of why Britain decided to reduce its rebate in the 2005 financial negotiation for the financial perspective for 2007-2013, instead of defending the rebate. …
The aim of my thesis is to study the impact of three different types of credit supply shocks on the US economy during the recent boom-bust cycle. I apply rigourous identification strategies using a comprehensive mortgage loan-application level dataset that spans two decades to i…
This thesis studies the role of financial frictions in shaping the consumption and investment behavior in China and its implications on rest of the world. The first chapter uses a panel of Chinese individual level data to show that the inability to borrow against future labour i…
Libya has an economy over dependent on hydrocarbon and the petroleum industry. In a bid to diversify, the Libyan government is looking at Free Economic Zones (FEZ) as a viable option versus other avenues, like Foreign Direct Investment (FDI). This thesis explores FEZ as a tool t…
This thesis aims to build a theory for understanding the role of aid in achieving the education Millennium Development Goals (MDGs) in fragile states. In so doing, it responds to claims that both educational research (see e.g. Cohen et al., 2000), and the economic literature on …
The thesis covers three main chapters. The first chapter (which is a joint work) we develop a theoretical model of rational bubble. In equilibrium, a bubble can persist until it bursts following an exogenous shock, even when all the agents are aware of the bubble and that it wil…