To measure technical efficiency of commercial banks in Tunisia, Morocco, and Algeria we employed in this paper Data Envelopment Analysis (DEA) based on the intermediation approach of banking services, which entails banks produce financial services using inputs. On regional level our results show...

In this study, we investigate the link between default loans and macroeconomic and bank-specific variables to assess exposure of Islamic banks to credit risks, and then design stress testing scenarios to assess the banking system’s resilience to adverse shocks. The results suggest that credit...

This study aims to assess the determinants of liquidity risk in the full-fledged Islamic banking system of Sudan, using panel data regression. The dependent variable in this research is the liquidity risk, which is determined as the extreme excess or extreme shortage of liquidity in each bank,...

The purpose of this paper is to assess competitive advantage gained by large-sized banks in the Gulf Cooperation Council (GCC) countries. To investigate the association between return to scale and profitability, the authors have adopted quintile and logistic regression analysis, using data for...

This paper employs a combination of unit root tests and fractional integration techniques using the ARFIMA (p,d,q) model to test rational bubbles, which implies herd behavior, in Bombay Stock Exchange (BSE). The results in the paper strongly support the evidence of herd behavior in the daily,...

An implicit assumption underlying price-earning ratio technique is that, its behavior overtime is stationary. The finding of this paper indicates that stationarity of price-earnings ratio hold only when security valuation is consistent with the dividend capitalization model of Gordon. The paper...

Introduction: This paper aims to assess time variability of beta coefficients (systematic risk) of Capital Asset Pricing Model (CAPM) using data from five key sectors in Saudi Arabia and Kuwait stock markets.Material and methods: To assess time -varying systematic risk we employed symmetric as...

This study aims at assessing and exploring the organizational culture in the Sudanese family firms. The study tries to identify the types of the Sudanese family firms according to the degrees of family involvement in the business and assesses the orientation of the Sudanese family firms toward...

This paper aims to evaluate the spillover effect of the COVID-19 shock on major global stock markets, including Shanghai, Hong Kong, Japan’s Nikkei, Korea, and Nasdaq stock markets, using daily data of stock prices during the COVID-19 pandemic period. Our findings indicate while shocks on some...

Introduction. Despite the start of the outbreak of the virus (COVID-19) was in December 2019, stock markets did not respond immediately as there was little information about the expected duration of the crisis and whether China would be able to contain it within a short period of time, and the...