Browsing Department of Finance by Title

Now showing items 4-10 of 10

    • Governance and Short Sales 

      Dupuis, Daniel; Kryzanowski, Lawrence (American University of Sharjah, 2015)
      This paper investigates the relationship between short sales and governance. We argue that short sales are reversely linked to the overall level of corporate governance of a firm and that sellers react contemporaneously ...

    • Has the Financial Crisis had an Adverse Effect on Bank Competition? 

      Mirzaei, Ali; Moore, Tomoe (American University of Sharjah, 2015-01-25)
      This article investigates whether the recent financial crisis has had any adverse impact on bank competition for 24 emerging and 25 advanced countries with large and small-size banks over the sample period 2001-2010. The ...

    • International Diversification and Corporate Social Responsibility 

      Attig, Najah; Boubakri, Narjess; El Ghoul, Sadok; Guedhami, Omrane (American University of Sharjah, 2013-11-07)
      Using a large sample of 3,040 U.S. firms and 16,606 firm-year observations over the 1991-2010 period, we find strong evidence that firm internationalization is positively related to the firm's corporate social responsibility ...

    • Investors' Payout-form Preference and Taxes 

      Chazi, Abdelaziz; Theodossioub, Alexandra; Zantout, Zaher (American University of Sharjah, 2013-06-05)
      We find the form of U.S. corporate cash payout to shareholders often relevant to share price and in different directions at different times. Regularly cash-dividend paying firms have a significant share price premium ...

    • A Market Efficiency Comparison of Islamic and Non-Islamic Stock Indices 

      Al-Khazali, Osamah; Leduc, Guillaume; Alsayed, Mohammad Saleh (Taylor & Francis Online, 2015)
      This article examines the martingale difference hypothesis (MDH) and the random walk hypothesis (RWH) for nine conventional and nine Islamic stock indices: Asia-Pacific, Canadian, Developed Country, Emerging, European, ...

    • Market Efficiency of Floating Exchange Rate Systems: Some Evidence from Pacific-Asian Countries 

      Al-Khazali, Osamah; Leduc, Guillaume; Pyun, Chong S. (Elsevier, 2011)
      This paper examines the random walk hypothesis (RWH) and the martingale difference hypothesis (MDH) for the Australian dollar and five Asian emerging currencies relative to three benchmark currencies. We use Wright’s (2000) ...

    • Religiosity, neglected risk and asset returns: theory and evidence from Islamic finance industry 

      Azmat, Saad; Ali, Haiqa; Azad, A. S. M. Sohel; Hassan, M. Kabir (American University of Sharjah, 2018-11)
      This paper studies the sociological influence of religion on the risk and return in the financial markets with particular context of Islamic finance, a rapidly emerging and expanding financial industry. The paper builds a ...