We examine and analyze the post-privatization corporate governance of a sample of 52 newly privatized Egyptian firms over a period of 10 years, from 1995 to 2005. We look at the ownership structure that results from privatization and its evolution; the determinants of private ownership...

In this paper, we examine the influence of bank regulations, concentration, financial and institutional development on commercial bank margin and profitability across a broad menu of Middle East and North Africa (MENA) countries. We cover the 1989-2005 period and control for a wide array of...

The phenomenon of under pricing initial public offerings is documented for 53 Egyptian share issue privatizations (SIPs) between 1994 and 1998. In the long run, I find mixed results. SIPs sustain their positive performance and provide investors with abnormal returns over a one-year period,...

We explore the effect of co-opted directors on R&D investments. Co-opted directors are those appointed after the incumbent CEO assumes office. Because a co-opted board represents a weakened governance mechanism that diminishes the probability of executive removal, managers are less likely to be...

Purpose – The purpose of this paper is to analyze the performances of the insurance sector in Gulf Cooperation Council (GCC) countries and carry out a comparative analysis for its different units. Design/methodology/approach – The authors analyse the technical efficiency of insurances in the...

Purpose – The purpose of this paper is to investigate the quality determinants influencing the adoption of e-government services in Oman and compare the performance of multiple regression and neural network models in identifying the significant factors influencing adoption in Oman....