The Gulf Cooperating Countries (GCC), which include Saudi Arabia and Kuwait, dominate other OPEC cartel countries in oil production. The GCC banking industry is the major component of the GCC stock market. The issue arises as to the strength of the relationship between OPEC oil price returns and...

This paper is motivated by the need to return to a basic political risk indicator and risk valuation model in light of the recent global turbulence in economies and financial markets. A lesson to be learned from the crises of 2008 is that an additional analytical tool utilising country and...

Global natural gas markets are neither fully developed nor informationally efficient. Factors other than randomly arriving good and bad news, regarding economic, financial and political risks, affect prices. Despite this constraint, the model in this study is tested for feasibility as a starting...

The quot;9/11quot; terrorist attacks in the USA saw a tragic loss of lives and property. This paper provides evidence that there were also substantial effects on the USA banking system and spillover effects to other country banking systems. Regression and vector autoregressive analysis of...

This paper posits that human behaviour in banking and financial systems is made up of a complex mix of political, social and cultural factors reflected in expert opinion based political risk scores. Market inefficiency is partly a result of anomalies in human behaviour causing information...

Japan is a significant driver of the majority of the Asian region banking markets even though the Japanese banking industry has reported high levels of non-performing loans and will require substantial recapitalisation over the next decade. Regression analysis of unlagged time series price index...

According to recent literature, country and regional banking systems are becoming more concentrated, particularly in developed economies. Banks are growing larger through takeovers and mergers. The drivers of greater bank size appear to be the needs to achieve economies of scale and scope,...

The segmentation of European banking markets illustrates the strength and influence of both the United Kingdom and the European Monetary Union markets and describes in part the phases of European banking financial integration. Initially indications of market efficiency at the weak-form level for...

This paper examines the recent status of financial liberation and integration of Latin American banking and the ongoing interdependence of banking systems in Latin America with those in the Eurobanking systems. Correlation and regression analysis of unlagged price index data is firstly...

The United Arab Emirates (UAE) is a member of the Gulf Cooperating Countries (GCC) and over recent years has indicated willingness for implementation of the economic reforms necessary for the future evolution of a modern, open stock market. This study uses relative valuation techniques to...