Purpose – This study aims to investigate the inter-relatedness and the dynamics of banking stability measures and offers answers for some of the related issues such as does financial stability require the soundness of banking institutions, the stability of markets, the absence of turbulence...

Summary Combination of asset allocation models is rewarding if (i) the applied risk function is concave and (ii) there is no dominating model. We show that most common risk functions are either concave or at least concave in common applications. In a comprehensive empirical study using standard...

Abstract The GCC states have built their economies on the hydrocarbon industry that allowed rapid economic and urban development and financed large, inefficient public sectors. The over-dependence of nationals on public sector employment now exerts massive pressure on the governments: All GCC...

Purpose – Chief strategy officers (CSOs) or other executives in similar roles have a range of responsibilities in the organization, often including communicating corporate strategy to key stakeholders, promoting decision making that sustains change and engendering commitment to strategic...