Privatization is a debated topic for decades now. This study assesses the results of the Egyptian privatization programme. The study assess the impact of privatization on 61 IPO privatized companies for a period of 16 years. The objective of the study is to examine two key aspec…
The aim of this thesis is three-fold. First, in contrast to developed exporting countries such as Australia, New Zealand and Canada, Middle East oil exporting countries are years behind achieving the prerequisites for floating exchange rate and Inflation Targeting monetary regim…
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. …
It is becoming increasing clear that; in banks; the sharing of knowledge amongst the senior executives has not been as effective as it should have been. The lack of knowledge amongst senior executives about the level of risks taken in sub-prime lending, the resulting "toxic asse…
This thesis attempts to identify important factors that may affect the pricing and the probability of default of high yield bonds offered by shipping companies; and factors that may influence the pricing and the probability of underpricing of shipping US initial public offerings…
This thesis aimed at investigating the impact of changes in the exchange rate on the demand for money and the trade balance in Jordan. Using Johansen (1991 and 1995) approach for cointegration analysis and the equilibrium-correction model (ECM), we examined the existence of stab…
Iranian businesses like all others around the world need to survive and grow in the global marketplace. To facilitate this, they need true executive commitment to the provision of high quality products and services. An established way to begin this important development process …
This study provides an analysis of earthquake hazard in the Middle East for insurance and reinsurance purposes. The analysis incorporates important lessons learned from the 1985 Mexican earthquake. It has the following components: a) An in-depth examination of the Mexican earthq…
This research study aims to explore the current practices, policies and roles of training and development (T&D) within Jordanian banking organisations. It is an exploration of all the issues concerning T&D practices in terms of how the T&D process is conducted (how training need…
The need for a conceptual framework for auditing to guide the development of auditing standards and practice on a consistent and theoretically sound basis has been recognised by many practitioners and academicians. This need seems to be even stronger in the case of internal audi…
This thesis is concerned with an examination of the available domestic retention capacity and the demand for international reinsurance in the Arab World. The study has been broken down into the following basic components: 1. The development of the insurance markets of the Arab c…
This is an analysis of the investment behaviour of Turkish firms at the aggregate and sectoral levels. Despite the growing literature of empirical private investment studies, a theory-based approach to modelling investment is rare both for developing countries in general and for…
The purpose of this empirical study was to explore the extent to which the marketing concept had been accepted and implemented by the Islamic banks in Jordan. To achieve this, a survey of the Islamic banks' managers and customers was carried out. The survey questioned the manage…
In this thesis the behaviour of stock returns of firms listed on the Amman Stock Market is examined. The thin trading characteristic of the market is emphasised and its possible effects on empirical investigations are analysed. The first four chapters contain a review of the lit…