Purpose: The purpose of this study is to explore the ability of EWMA, GARCH (1,1) and EGARCH (1,1) to forecast volatilities of S&P500, SSEC and MICEX, reference to two time periods in the timeframe of the Syrian war. VaR is derived using the HS approach which incorporates in its calculation the volatility of the best chosen model. The added value is the application of EVT in order to determine VaR results, which are compared and analyzed to the results of the HS approach, to define the most accurate approach. Methodology of Work: Returns of the in-sample period prices are used in estimating ...

Strong brand equity has became a very important factor that influences consumer's perceptions of a brand. Success in brand management arises from understanding and managing brand equity correctly to produce strong attributes that will influence consumers when making their choices. Working as a marketing executive for the Chevrolet brand in Qatar, has pushed me more to investigate the brand equity dimensions and the relationship with the dealership. Integrating the dealership as an additional dimension for the brand equity is a concept that can fit any dealership around the globe. In the era of ...

We are living in a world full of relentless change due to the vast effects of globalization. Thus, it is essential to think ahead and be part of this ongoing transformation. This initiative falls within the BLOM bank's vision to be everybody's bank for life and spread services far and wide where it is needed around the globe. Despite the difficult economic and political situation looming over Lebanon since 2005 and beyond the general banking risk that BLOM Bank is exposed to, the bank's strategy is still to grow and increase its earning power through expansion, increase in assets, and maximization ...

The main objective of this thesis was to research the various methods that can be used in arriving to a fair price for companies in Lebanon especially due to the availability of many different risk factors and various other aspects that hinder the valuation process. It was found that the DCF model is the most appropriate valuation method to be used according to most of the literature on the subject. However to be able to apply it in emerging markets it is in need of major adjustments taking into consideration the various different risks available in such markets and the need of including such ...

Purpose – Previous research shows the inconclusiveness and ineffectiveness of the traditional econometric models in predicting the future trends, movements, and volatilities of cryptocurrencies. This thesis aims to develop and evaluate a novel volatility modeling framework that combines the adaptability of CEEMDAN in decomposing cryptocurrency price data with the robustness of GARCH models in capturing conditional volatility. Methodology and Approach – This research will use the Complete Ensemble Empirical Mode Decomposition with Adaptive Noise (CEEMDAN). This method will be complimented by the ...

Among the many schools in Lebanon, there has been a growing trend for some schools to adopt a new type of Baccalaureate in Lebanon-the International Baccalaureate. This phenomena warrants an investigation especially since the educational system in Lebanon already has a Baccalaureate program. In order to be able to better understand the reasons behind the implementation of a foreign baccalaureate like the International baccalaureate, we must first consider the qualifications of each Baccalaureate program. this study sought to detail both the International and Lebanese baccalaureates and then ...

Oil and gold are considered to be the most two strategic commodities. Crude oil is the world’s most frequently transacted commodity while gold has a leading position among the main precious metals. This thesis examines empirically the relationship between gold prices, oil prices and US dollar index. Monthly data for gold prices, oil prices, US dollar index and other controlled variables over a period of 20 years were selected from Bloomberg platform. This thesis uses a unit root test and the Johansen test to check for the existence of cointegration between each pair of selected variables. Further ...

All companies are faced with external threats and internal weakness hence it is vital for the survival and success of that organization to overcome these stressors by creating a well-structured strategy that utilizes their strength and takes advantage of the available opportunities. The option of implementing a delocalization strategy should be considered if a company wishes to accomplish one or more of the following: increase sales, decrease cost, decrease risk and/or develop business opportunities. This is the case of the Talkies, a leading production house in Lebanon. The objective of this ...

The purpose of this study was to explore the behavior and opinions of the two largest age-groups working side by side in Lebanese firms in order to discover the presence or absence of a world-wide accepted phenomena, labeled the Generation Gap. The procedure followed in the study consisted of a literature review which includes studies conducted in the United States concerning the generation gap present there. Then a survey was distributed to over two hundred potential respondents, this survey being made up of 23 questions divided into two groups, according to the age groups in question. This ...

Purpose: This study investigates the prevalence of accrual-based and real-based earnings management activities prior seasoned equity offerings (SEOs) for a sample of Canadian public firms between 1993 and 2008. This study also examines earnings management trends around reforms in the Canadian corporate governance regime brought by Canadian SOX (CSOX) Act. Design/methodology/approach: Both parametric (t-test) and non-parametric (Wilcoxon test) tests are used to examine the statistical significance of mean and median accrual and real-based manipulation in the year preceding the announcement of a ...