Nowadays, the whole world is facing a global climate change due to GHG emissions. Transportation is the second source of air pollution in the world. This thesis is treating the green consumerism within the automotive industry. Specifically, it assesses the factors that influence the willingness of consumers in Lebanon to buy a "green" car in an attempt to reduce air pollution and therefore climate change. This study is an environmental economic study in that it uses a Contingent Valuation Method (CVM) and assesses Willingness to Pay (WTP) of consumers for environmental protection. In addition, ...

Purpose: This study investigates the impact of earnings management on financial performance and the market liquidity for a sample of UK seasoned equity offerings (SEOs) between 2000 and 2020. This study also examines the occurrence of earnings management activities and their impact on market liquidity and financial performance around crucial events such as IFRS, the financial crisis, and Brexit. Design/methodology/approach: The sample consists of all UK SEOs, excluding financial industries, between the 1st of January 2000 and the 31st of December 2020. Univariate and multivariate analyses are ...

Purpose - The banking sector in many MENA countries has recognized noticeable bank consolidation, which has dropped the number of banks and raised market concentration. This might raise questions about the impact of such increase in concentration on the soundness of the banking sector and consequently on the financial stability. Therefore, this study examines the impact of concentration on the financial stability of MENA banking sectors. Design/Methodology/Approach – the study adopts the FM-OLS panel method on 15 MENA banking sectors covering the period 1996-2016. Findings – ...

Purpose – The purpose of this thesis is to assess if natural disasters impact the volatility of 19 property-liability insurers in the United States of America (USA) and 3 stock indices over a 10-year period using GARCH (1,1), IGARCH (1,1), EGARCH (1,1) and GJR-GARCH (1,1). Additionally, we implement the Value at Risk (VaR) and Extreme Value Theory (EVT) method to generate the worst loss over a target horizon that will not be exceeded with a given level of confidence. In this regard, this thesis will be a pioneer in examining the performance of capital markets in a context of unusually high ...

Contracting overseas construction projects is usually considered a “high risk business”, mostly because of a lack of adequate overseas environmental information and overseas construction experience. Managing risk is one of the primary objectives of firms operating internationally, nevertheless, the treatment of risk and uncertainty in the international management firm vary in their use of those terms and tend to look at particular categories of risk. In recent years, owners and contractors have aggressively pursued international business opportunities and projects, but in the face of the ...

Purpose – Previous researches have shown a gap in empirical testing, particularly in measuring the variability of supply chain factors. This study aims to address this gap by investigating the relationship between the variability of supply chain disruption factors and the financial performance of companies operating in the automotive sector in Europe. Design/methodology/approach – This study will use the panel data regression methodology. This method will allow us to analyze the effect of supply chain disruptions over time and across multiple companies and countries, and control for both individual ...

The main purpose of this study is to show the importance of building a sales team in the business, and how crucial it is to maintain a solid commercial strategy, accurately tailored and professionally supervised, driving the company to success. This study summarizes the results of Radisson beauty s.a.r.l starting with its formation, and the different processes that the company took to create a well-organized and successful sales team. Throughout this process, each member of the sales team was required to submit a questionnaire and was deeply interviewed to assess his progress, the collected ...

Purpose: This study investigates whether managers withdraw from a M&A deal once they observe a negative cumulative abnormal return. Moreover, it assesses whether their decision changes with respect to factors such as the listing status of the firm, its macro industry, and target size. Design/methodology/approach: Using a sample of 767 M&A US deals over the period 2005-2014 and applying an Event Study methodology, Cumulative Abnormal Returns (CAR) are calculated and introduced in a Logit model to assess the above mentioned matter. Findings: Results show that managers do listen to the market ...

Changes have been the password of the healthcare industry for the last three decades. It is known that the healthcare field is affected by three factors: quality, cost and operations (standard of care). These three factors are affecting each other and they are in constant change. Customer demand for better quality of care and safe patient care is increasing; new technologies and medical innovation are emerging every minute. Therefore change is inevitable in a modern healthcare system if standards of patient care are to be maintained and improved. In all businesses and in the healthcare ...

Purpose: The objective of this thesis is to estimate and compare the capital requirements of an SME portfolio belonging to a Lebanese Commercial Bank under different regulatory frameworks, Basel I, Basel II and Basel III, in addition to illustrating the calculation of the capital adequacy ratio to comply with the requirements of BDL and BCCL. Design/methodology/approach: The sample used consists of a portfolio of loans granted by a Lebanese commercial bank to 1,099 different clients as of June 30, 2017. The study aims first at demonstrating the several approaches (Standardized Approach, IRB ...