Investment Management and Financial Innovations, 2019
The authors undertook to examine 720 monthly observations of activity in 15 Arab stock markets ov... more The authors undertook to examine 720 monthly observations of activity in 15 Arab stock markets over four years (from 2014 to 2017) to identify the dynamic linkages among those markets. To achieve this, several forms of the Generalized Auto-Regressive Conditional Heteroskedasticity (GARCH) model were utilized. Both panel and individual stationarity, in addition to cointegration tests, were employed to highlight the interaction between these markets. The results suggest that Arab stock markets have weak linkages with the exception of those of the Gulf Cooperation Council (GCC). The authors also find out that the TARCH, EGARCH, PARCH, and Component GARCH (1,1) models are suitable in terms of passing the econometric analysis tests. Nevertheless, they conclude that the EGARCH model is the most appropriate for capturing the cross-market dynamic linkages, thereby outperforming the other GARCH specifications under study. The empirical findings bear special implications for economic literatu...
Bitcoin is an online communication system that facilitates the use of virtual currency, including... more Bitcoin is an online communication system that facilitates the use of virtual currency, including electronic payments. This paper aims at analyzing the behavior of Bitcoin returns as a proposal for future currencies while making a comparison between Bitcoin and other conventional currencies. This paper uses quantitative approach to analyze the time series of Bitcoin and that of other conventional currencies during the period 2010–2018. It uses 1) a descriptive statistics for the weekly returns for Bitcoin which includes the mean, standard deviation, maximum value, minimum value, skewness, kurtosis, and Jarque-Bera normal distribution test statistics, and 2) duration dependence test on Bitcoin weekly returns by extracting the weekly returns for the Bitcoin that behave in irregular way of the general Bitcoin return level through autocorrelation regression, and taking the residuals for this regression as a time series for irregular returns.This paper has confirmed no empirical evidence...
International Journal of Business Excellence, 2019
The aim of this study was to assess liquidity risk management (LRM) practices in Jordanian Islami... more The aim of this study was to assess liquidity risk management (LRM) practices in Jordanian Islamic and conventional banks during the period (2013-2017). Data used were comprised from six banks, which consisted of three Islamic and three conventional banks in Jordan. Data from the banks financial annual reports covering from 2013-2017 were used to calculate the ratios used as a substitute for liquidity risk in conventional banking as well as Islamic banking in Jordan. The study found the relationship of the size of financial institution, return on asset, return on equity, and capital adequacy ratio with liquidity risk measurement is positive and important both in Islamic banks and conventional banks. Researchers found the practices of LRM are not optimal, yet were based on some considerations explained in this study. Further, progressive actions needs to be taken by the regulators and the banking players to improve the LRM practices.
International Journal of Islamic Marketing and Branding, 2019
The present study aims to explore the attitude of Jordanian customers towards virtual stores. The... more The present study aims to explore the attitude of Jordanian customers towards virtual stores. The study was conducted during October, 2018. The population of the study involved all Jordanian customers. A questionnaire was developed to collect the data. The study sample consisted of 319 customers who received the questionnaires which were all retrieved. Thus, the response rate was 100%. However, 32 questionnaires were excluded because they were not fully filled. Thus, the sample consisted of 287 Jordanian customers. The findings reveal that the majority of the Jordanian customers have positive attitude towards virtual stores as they believe that such shops save their time and money and provide excellent customer service. Thus, the researchers recommend enforcing legislations that protect e-customers in Jordan.
Tourism and hospitality have been recognized as leading economic sectors globally. Before the out... more Tourism and hospitality have been recognized as leading economic sectors globally. Before the outbreak of COVID-19, it was estimated that the tourism and hospitality sector was growing by around 4% each year. Although the economic-efficiency-led hypothesis of the tourism and hospitality sector is strong, there is another perspective related to tourism and hospitality. That is, tourism and hospitality are not as “green” as they were supposed to be. Indeed, this sector is known for its outsized carbon footprint. It is estimated that, if not managed efficiently, the GHG contribution of the tourism sector will grow in the future. Specifically, the hotel business accounts for 1% of total global greenhouse gas emissions (GHG), which is huge. Responding to these significant issues, this study investigates the relationship between the corporate social responsibility (CSR) activities of a hotel enterprise and employees’ pro-environmental behavior (PEB). The mediating role of environmental-sp...
Corporate Governance is significant in managing the financial sector particularly banks of both t... more Corporate Governance is significant in managing the financial sector particularly banks of both the developing and the developed nations. Major corporate collapses worldwide revealed the presence of weak corporate governance system. The researcher conducted survey from the finance managers of the five commercial Jordanian banks which revealed that good corporate is significant for the performance of the banks. Good corporate governance balances the conflict of interest among the stakeholders. The participants believed that good corporate governance mechanisms such as transparency, privacy, legislations, code of conduct and clarity of procedures can enhance the efficiency of the banks. They believed that good corporate governance mechanisms effects the bank risks such as it protects the shareholders, stakeholders and reduces or transfers risk and ensures the stability of the economy. Hence, good corporate governance is essential for achieving success of the banking sector and in turn for the economic growth. The participants suggested that implementing good corporate governance in the banks leads to the integration of the capital markets, better solutions of the corporate governance issues and helps in building trust, integrity and transparency.
This study aims to explore whether the percentage of women on boards of directors and top and med... more This study aims to explore whether the percentage of women on boards of directors and top and medium-level executive management positions in Jordanian banks had an effect on these banks' financial performance. To do so, the study employs a multiple regression model on data from Jordanian banks for the period from 2009 to 2016. The findings show that, contrary to the findings of many studies from developed countries, there is no statistically significant relation between the percentages of women on boards and top and medium-level executive managements of Jordanian banks and these banks' financial performance. However, due to the apparent advantages of the inclusion of women in such positions, as seen by the findings of many international studies, this study recommends that most Jordanian banks increase their currently small percentages of women on boards and top executive management positions in order to potentially achieve such advantages.
The aim of this study was to assess liquidity risk management (LRM) practices in Jordanian Islami... more The aim of this study was to assess liquidity risk management (LRM) practices in Jordanian Islamic and conventional banks during the period (2013-2017). Data used were comprised from six banks, which consisted of three Islamic and three conventional banks in Jordan. Data from the banks financial annual reports covering from 2013-2017 were used to calculate the ratios used as a substitute for liquidity risk in conventional banking as well as Islamic banking in Jordan. The study found the relationship of the size of financial institution, return on asset, return on equity, and capital adequacy ratio with liquidity risk measurement is positive and important both in Islamic banks and conventional banks. Researchers found the practices of LRM are not optimal, yet were based on some considerations explained in this study. Further, progressive actions needs to be taken by the regulators and the banking players to improve the LRM practices.
The present study aims to explore the attitude of Jordanian customers towards virtual stores. The... more The present study aims to explore the attitude of Jordanian customers towards virtual stores. The study was conducted during October, 2018. The population of the study involved all Jordanian customers. A questionnaire was developed to collect the data. The study sample consisted of 319 customers who received the questionnaires which were all retrieved. Thus, the response rate was 100%. However, 32 questionnaires were excluded because they were not fully filled. Thus, the sample consisted of 287 Jordanian customers. The findings reveal that the majority of the Jordanian customers have positive attitude towards virtual stores as they believe that such shops save their time and money and provide excellent customer service. Thus, the researchers recommend enforcing legislations that protect e-customers in Jordan.
The purpose of this paper is to examine the transmission
mechanisms and dynamic spillover effects... more The purpose of this paper is to examine the transmission mechanisms and dynamic spillover effects between gold spot prices and US equity prices following the 2007 Global Financial Crisis. It also aims at estimating hedging effectiveness between stocks and gold in major US financial market.
Investment Management and Financial Innovations, 2019
The authors undertook to examine 720 monthly observations of activity in 15 Arab stock markets ov... more The authors undertook to examine 720 monthly observations of activity in 15 Arab stock markets over four years (from 2014 to 2017) to identify the dynamic linkages among those markets. To achieve this, several forms of the Generalized Auto-Regressive Conditional Heteroskedasticity (GARCH) model were utilized. Both panel and individual stationarity, in addition to cointegration tests, were employed to highlight the interaction between these markets. The results suggest that Arab stock markets have weak linkages with the exception of those of the Gulf Cooperation Council (GCC). The authors also find out that the TARCH, EGARCH, PARCH, and Component GARCH (1,1) models are suitable in terms of passing the econometric analysis tests. Nevertheless, they conclude that the EGARCH model is the most appropriate for capturing the cross-market dynamic linkages, thereby outperforming the other GARCH specifications under study. The empirical findings bear special implications for economic literatu...
Bitcoin is an online communication system that facilitates the use of virtual currency, including... more Bitcoin is an online communication system that facilitates the use of virtual currency, including electronic payments. This paper aims at analyzing the behavior of Bitcoin returns as a proposal for future currencies while making a comparison between Bitcoin and other conventional currencies. This paper uses quantitative approach to analyze the time series of Bitcoin and that of other conventional currencies during the period 2010–2018. It uses 1) a descriptive statistics for the weekly returns for Bitcoin which includes the mean, standard deviation, maximum value, minimum value, skewness, kurtosis, and Jarque-Bera normal distribution test statistics, and 2) duration dependence test on Bitcoin weekly returns by extracting the weekly returns for the Bitcoin that behave in irregular way of the general Bitcoin return level through autocorrelation regression, and taking the residuals for this regression as a time series for irregular returns.This paper has confirmed no empirical evidence...
International Journal of Business Excellence, 2019
The aim of this study was to assess liquidity risk management (LRM) practices in Jordanian Islami... more The aim of this study was to assess liquidity risk management (LRM) practices in Jordanian Islamic and conventional banks during the period (2013-2017). Data used were comprised from six banks, which consisted of three Islamic and three conventional banks in Jordan. Data from the banks financial annual reports covering from 2013-2017 were used to calculate the ratios used as a substitute for liquidity risk in conventional banking as well as Islamic banking in Jordan. The study found the relationship of the size of financial institution, return on asset, return on equity, and capital adequacy ratio with liquidity risk measurement is positive and important both in Islamic banks and conventional banks. Researchers found the practices of LRM are not optimal, yet were based on some considerations explained in this study. Further, progressive actions needs to be taken by the regulators and the banking players to improve the LRM practices.
International Journal of Islamic Marketing and Branding, 2019
The present study aims to explore the attitude of Jordanian customers towards virtual stores. The... more The present study aims to explore the attitude of Jordanian customers towards virtual stores. The study was conducted during October, 2018. The population of the study involved all Jordanian customers. A questionnaire was developed to collect the data. The study sample consisted of 319 customers who received the questionnaires which were all retrieved. Thus, the response rate was 100%. However, 32 questionnaires were excluded because they were not fully filled. Thus, the sample consisted of 287 Jordanian customers. The findings reveal that the majority of the Jordanian customers have positive attitude towards virtual stores as they believe that such shops save their time and money and provide excellent customer service. Thus, the researchers recommend enforcing legislations that protect e-customers in Jordan.
Tourism and hospitality have been recognized as leading economic sectors globally. Before the out... more Tourism and hospitality have been recognized as leading economic sectors globally. Before the outbreak of COVID-19, it was estimated that the tourism and hospitality sector was growing by around 4% each year. Although the economic-efficiency-led hypothesis of the tourism and hospitality sector is strong, there is another perspective related to tourism and hospitality. That is, tourism and hospitality are not as “green” as they were supposed to be. Indeed, this sector is known for its outsized carbon footprint. It is estimated that, if not managed efficiently, the GHG contribution of the tourism sector will grow in the future. Specifically, the hotel business accounts for 1% of total global greenhouse gas emissions (GHG), which is huge. Responding to these significant issues, this study investigates the relationship between the corporate social responsibility (CSR) activities of a hotel enterprise and employees’ pro-environmental behavior (PEB). The mediating role of environmental-sp...
Corporate Governance is significant in managing the financial sector particularly banks of both t... more Corporate Governance is significant in managing the financial sector particularly banks of both the developing and the developed nations. Major corporate collapses worldwide revealed the presence of weak corporate governance system. The researcher conducted survey from the finance managers of the five commercial Jordanian banks which revealed that good corporate is significant for the performance of the banks. Good corporate governance balances the conflict of interest among the stakeholders. The participants believed that good corporate governance mechanisms such as transparency, privacy, legislations, code of conduct and clarity of procedures can enhance the efficiency of the banks. They believed that good corporate governance mechanisms effects the bank risks such as it protects the shareholders, stakeholders and reduces or transfers risk and ensures the stability of the economy. Hence, good corporate governance is essential for achieving success of the banking sector and in turn for the economic growth. The participants suggested that implementing good corporate governance in the banks leads to the integration of the capital markets, better solutions of the corporate governance issues and helps in building trust, integrity and transparency.
This study aims to explore whether the percentage of women on boards of directors and top and med... more This study aims to explore whether the percentage of women on boards of directors and top and medium-level executive management positions in Jordanian banks had an effect on these banks' financial performance. To do so, the study employs a multiple regression model on data from Jordanian banks for the period from 2009 to 2016. The findings show that, contrary to the findings of many studies from developed countries, there is no statistically significant relation between the percentages of women on boards and top and medium-level executive managements of Jordanian banks and these banks' financial performance. However, due to the apparent advantages of the inclusion of women in such positions, as seen by the findings of many international studies, this study recommends that most Jordanian banks increase their currently small percentages of women on boards and top executive management positions in order to potentially achieve such advantages.
The aim of this study was to assess liquidity risk management (LRM) practices in Jordanian Islami... more The aim of this study was to assess liquidity risk management (LRM) practices in Jordanian Islamic and conventional banks during the period (2013-2017). Data used were comprised from six banks, which consisted of three Islamic and three conventional banks in Jordan. Data from the banks financial annual reports covering from 2013-2017 were used to calculate the ratios used as a substitute for liquidity risk in conventional banking as well as Islamic banking in Jordan. The study found the relationship of the size of financial institution, return on asset, return on equity, and capital adequacy ratio with liquidity risk measurement is positive and important both in Islamic banks and conventional banks. Researchers found the practices of LRM are not optimal, yet were based on some considerations explained in this study. Further, progressive actions needs to be taken by the regulators and the banking players to improve the LRM practices.
The present study aims to explore the attitude of Jordanian customers towards virtual stores. The... more The present study aims to explore the attitude of Jordanian customers towards virtual stores. The study was conducted during October, 2018. The population of the study involved all Jordanian customers. A questionnaire was developed to collect the data. The study sample consisted of 319 customers who received the questionnaires which were all retrieved. Thus, the response rate was 100%. However, 32 questionnaires were excluded because they were not fully filled. Thus, the sample consisted of 287 Jordanian customers. The findings reveal that the majority of the Jordanian customers have positive attitude towards virtual stores as they believe that such shops save their time and money and provide excellent customer service. Thus, the researchers recommend enforcing legislations that protect e-customers in Jordan.
The purpose of this paper is to examine the transmission
mechanisms and dynamic spillover effects... more The purpose of this paper is to examine the transmission mechanisms and dynamic spillover effects between gold spot prices and US equity prices following the 2007 Global Financial Crisis. It also aims at estimating hedging effectiveness between stocks and gold in major US financial market.
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Papers by Suleiman Mohmmad
mechanisms and dynamic spillover effects between gold spot prices and US
equity prices following the 2007 Global Financial Crisis. It also aims at estimating
hedging effectiveness between stocks and gold in major US financial market.
mechanisms and dynamic spillover effects between gold spot prices and US
equity prices following the 2007 Global Financial Crisis. It also aims at estimating
hedging effectiveness between stocks and gold in major US financial market.