Business Commons^™

Training Of Local Government Personnel In The U.A.R.: Institute Of Local Administration, Afaf A Al-Bassam

Archived Theses and Dissertations

No abstract provided.

A Study Of The Relationship Financial Incentives And Jop Satisfaction In The Arab Republic Of Egypt, Abdel Rahman Tawfik Ahmed

Archived Theses and Dissertations

No abstract provided.

The Future Of Tv And Online Video Platforms: A Study On Predictors Of Use And Interaction With Content In The Egyptian Evolving Telecomm, Media & Entertainment Industries, Hesham O. Dinana, Rasha Allam

Faculty Journal Articles

This study examines the future of TV and online video platforms in the evolving Egyptian market through using the predictors of use and interaction. Built on the unified theory of acceptance and use of technology, and the theory of technology discontinuities and platforms development, this study extends its framework to explore the relationship between the intention of use and the interaction with content behavior. A sample size of 396 university students answered the survey questions. Unlike other studies, the study found that the perceived ease of use (PEU) is the only variable that is positively correlated to the intention to …

Trading The Days Vs. Days Of Trading: An Empirical Literature Survey On Calendar Anomalies Across Markets, Mariam Ashraf Kiryakos

Theses and Dissertations

This thesis provides a comprehensive theoretical and empirical review of over five decades of research on two of the most examined calendar anomalies: the day-of-the-week and weekend effect. The expansive literature is classified into five different phases to demonstrate and review the evolution of research on these two seasonal anomalies. It also reconciles empirically the seemingly contradicting evidence documented by prior studies by adopting the lens of Adaptive Market Hypothesis (AMH) and conducting a cross-market analysis on the two calendar anomalies using the headline stock market indices of the ten largest economies by GDP as of 2019. The main methodology …

An Examination Of The Determinants Of Optimal Corporate Credit Hegde: Perspectives From Firms Listed In Djia30 And Nasdaq100, Dina Rofael

Theses and Dissertations

Raising number of corporate defaults could threaten the financial stability, thus modelling credit risk is a key ingredient of financial stability analysis. This paper tries to answer a specific question regarding the drivers of this risk: idiosyncratic risk (industry-specific or firm-specific) and/or systematic risk (macro-economic specific). As a first step, the paper estimates the optimal hedge ratio based on the interest coverage ratio, that acts as a measure for the probability of default. Against this background, the paper applies one of the fundamental-based models of credit risk, known as hybrid model after estimating the proposed indicator variable. The suggested model …

Stock Market Manipulation Detection Using Continuous Wavelet Transform & Machine Learning Classification, Sarah Youssef

Theses and Dissertations

Stock market manipulation detection is important for both investors and regulators. Being able to detect stock manipulation and preventing it gives investors the confidence in the market fairness and integrity. It also helps maintaining liquidity of the stocks and market efficiency. Implementing data mining algorithms in manipulation detection is a relatively recent technique but in the past few years there has been an increasing interest in it's applications in this domain. The benefit of monitoring manipulative trade behavior is that it can be implemented on live feed of stock data, which saves a lot of time in detecting stock price …

An Intelligent Market Cycle Detection System, Michael Azer

Theses and Dissertations

The detection of stock market cycles has attracted the attention of finance scholars and market practitioners. Accurately identifying the direction of a market can significantly increase the returns of investors. Despite this importance, conventional methodologies in the literature have predominantly attempted to evaluate the effect of subsets of factors as precedents to stock market cycles and with little agreement on what constitutes critical factors. There seems to be a lack in the literature for a comprehensive study that examines a multitude of factors at the same time on the S&P500 as the laboratory. Factors are categorized into: political events, economic …

Return Migration And Entrepreneurship In Egypt, Shorouk Fouda

Theses and Dissertations

Many Egyptians are currently choosing to emigrate in pursuit of benefits such as; education, professional development, acquisition of new skills and accumulation of savings. Although this was previously viewed as having a damaging effect to a country’s economy through the loss of most talented and ambitious nationals, more pertinent economic views suggest possible instances of brain circulation and gain upon the return of a national to their home country. In some cases, gains of return migration are unlocked in the form of entrepreneurial behavior; as a result of accumulation of financial and human capital. In this research, both quantitative and …

Unlocking The Value Of Small And Medium Enterprises, Ahmed Taha

Theses and Dissertations

The role of small and medium enterprises (SMEs) in economic growth and development is an undeniable fact in the global economy. In emerging and developed economies, SMEs may contribute to more than 90% of the total enterprises. These businesses are a dominant source of job creation, innovation and growth foundation stemming from their competitive structure, technological adaptability and resilience to economic crises. Despite their significant contribution to the economic development and growth, there is not sufficient research that covers SMEs’ financial activity, liquidity, profitability and valuations. In this thesis, I introduce an Electronic Valuation Platform that provides a sufficient research …

Stock Prediction Using Natural Language Processing Sentiment Analysis On News Headlines During Covid-19, Mina Ibrahim

Theses and Dissertations

Stock prediction based on NLP sentiment analysis is one of the most researched topics due to the revenues they generate for investors. Researchers have used various tools to achieve this, especially fundamental and technical analysis based on historical data helped to achieve this target. Due to the technological advancement and abundance of data, the introduction of machine learning tools accelerated that approach. However, as the public mood affects the stock market, the need for another analysis emerged. Natural language processing sentiment analysis on data from various sources was able to capture public events and moods. NLP is one of the …

Stock Markets Performance During A Pandemic: How Contagious Is Covid-19?, Yara Abushahba

Theses and Dissertations

Background and Motivation: The coronavirus (“COVID-19”) pandemic, the subsequent policies and lockdowns have unarguably led to an unprecedented fluid circumstance worldwide. The panic and fluctuations in the stock markets were unparalleled. It is inarguable that real-time availability of news and social media platforms like Twitter played a vital role in driving the investors’ sentiment during such global shock.

Purpose:The purpose of this thesis is to study how the investor sentiment in relation to COVID-19 pandemic influenced stock markets globally and how stock markets globally are integrated and contagious. We analyze COVID-19 sentiment through the Twitter posts and investigate its …

Impact Of Covid Responses On Brand Performance, Emy Rezkalla

Theses and Dissertations

The main objective of this study is to understand and evaluate whether COVID responses have a significant positive impact on brand performance. Accordingly, the proposed conceptual model focused on the top four COVID-19 responses: donations in cash, donations in kind, customer service, and employers/suppliers and evaluated the impact of each proposed response on brand value, brand growth, and brand ranking in 2020 versus 2019.

The research question of this paper is, Do COVID responses (customer service, employers/suppliers, donations in kind, and donations in cash) have a significant positive impact on brand performance (brand value, brand growth, and brand ranking vs. …

The Conceptualization Of Women’S Empowerment By Microlenders In Egypt And Its Link To Sustainable Development, Yasmina Abdellatif

Theses and Dissertations

This study examines how microlenders in Egypt conceptualize women’s empowerment and how they see it contributing to achievement of the UN sustainable development goals. Ten Egyptian microlenders were interviewed to understand how they defined and assessed empowerment, the strategies they used to support empowerment, and which sustainable development goals they felt their programs were addressing. Results revealed that, overall, microlenders sought to empower women in economic, social, psychological, and familial ways, and that they used indicators to measure empowerment under each area. They also supported empowerment through mentoring, training and follow-up with their beneficiaries, and by working to include men. …

The Impact Of The Capital Market, The Insurance Sector And The Mortgage Finance Sector On Economic Growth In Egypt, 2005-2019, Hana Anis

Theses and Dissertations

This thesis aims to explore the relationship between financial markets and economic growth in Egypt for the 15 years period, starting from 2005 to 2019. The study concentrates on the non-banking financial sector which includes the stock market, the debt market, the mortgage and the insurance sectors. The Vector Autoregressive (VAR) model is utilized to describe the relationship between GDP growth rate, as a proxy for economic growth, and a number of variables from the financial sector. Results of the analysis show that there is a significant relationship and statistical causality between the growth rate and the debt market, represented …

The Power Of Nostalgia In Creating Lovemarks For Brands, Sandy Philip

Theses and Dissertations

Brand loyalty is a destination that most brands exert tedious attempts to achieve. Nostalgia, on another note, is encountered by most people worldwide in different contexts. Despite the vast research on nostalgia, little is known about the effect of nostalgia in creating authentic Lovemarks for historic places. Previous literature granted a clear and detailed understanding of the Lovemarks concept and the different forms and effects of nostalgia in various settings. To investigate the relationship between Lovemarks and Nostalgia, this study discerns the factors of Lovemarks in historical (Hotels, Restaurants, and Cafes) HORECA in Egypt to test their relation with Nostalgia …

The Role Of Exchange Rate Policy In Trade Balance Adjustment: Investigating The Industry-Level Bilateral Trade Between Egypt And Italy, Nervan Elmasry

Theses and Dissertations

The study in hand attempted an empirical test for the impact of exchange rate policy on Egypt’s persistent trade balance (TB). To address the issue of “aggregation bias,” the study employed quarterly disaggregated trade data over the period 2007Q1-2019Q4 to capture the recent foreign exchange rate evolution in Egypt. The study applied a bounds test based on an Autoregressive Distributed Lags (ARDL) in its linear and non-linear form to empirically examine the long-run co-integrating relation between the variables and an error correction model (ECM) to estimate the short run dynamics of the adjustment process. The study compared the symmetrical against …

Online Shoppers’ Priority Attributes In Egypt, Sally Soliman

Theses and Dissertations

E-commerce and online shopping have been among the world's fast-growing trends in the past few years. Each year the number of e-commerce deals grows enormously. Furthermore, the tendency will continue because many people are constricted by work and household duties. Simultaneously, the Internet saves much time and allows having a full shopping experience from the comfort of one's home. With the improvement of technology and the continuous progression in web development, retailers are not only seeking e-commerce to expand their sales, but the trend of full online retailing with no physical existence is becoming widespread. Given the expansion, it is …

Ai Stock-Screening Methodology For Portfolio Construction, Omar Ahmed Khater

Theses and Dissertations

Selecting profitable stocks is crucial in constructing an all-equity portfolio. Investors need to rely on screening mechanisms to aid investment decision making. New stock selection methods are highly desired, and existing methods are constantly improved. In this research, we investigate the potential of relying on artificial intelligence to guide the stock selection process. The developed model employed genetic algorithms to optimize the selection of screening rules from among a set of widely accepted fundamental indicators. The model robustness and performance are tested using stock market real data over a 14-year period from 2006 till 2019. Based on portfolio quality factors …

Factors That Influence Nonprofit Sector Employees’ Motivation: A Case Study From Egypt, Nada Shaaban Miry

Theses and Dissertations

The issue of employee motivation received much attention in the last few decades. That attention came from its significant practical and theoretical role in the field of management. To understand how motivation influences employees’ behavior, we have to know that every employee is motivated differently based on their preferences and characteristics. Therefore, it is essential to discover individual motivation factors for each employee. This study examines the factors that stimulate employees’ motivation and explain how to use those motivational factors to improve employees’ performance and engagement. It focuses on three non-profit organizations in Egypt and provides empirical evidence of the …

تأثير فيروس كورونا على إدارة رأس المال البشري في الشركات الناشئة في مصر, Shahjahan Bhuiyan, Fayrouz El Dabbagh, Mariam Walid, Shorouk Fouda

Papers, Posters, and Presentations

إن الشركات الناشئة شركات تتسم بالهشاشة على المستوى المؤسسي وتتعامل مع درجات عالية من المخاطر وعدم اليقين، وخاصة أثناء الصدمات قصيرة الأجل مثل فيروس كورونا (كوفيد- 19)، ويسعى موجز السياسات هنا إلى تحديد التطور المطلوب في النظام البيئي الداعم للشركات الناشئة في ظل جائحة فيروس كورونا (كوفيد- 19)، مع التركيز بشكل خاص على إدارة رأس المال البشري والعمل اللائق ومرونة سوق العمل في الشركات الناشئة في مصر. والسؤال الأساسي الذي يطرحه الموجز هو: كيف أثرت جائحة فيروس كورونا (كوفيد- 19) على ممارسات إدارة رأس المال البشري في الشركات الناشئة المصرية وما هو المطلوب لي تتعافى الشركات الناشئة في مصر من …

The Effect Of Covid-19 On The Human Capital Management In Start-Ups In Egypt, Fayrouz El Dabbagh, Mariam Walid, Shorouk Fouda, Shahjahan Bhuiyan

Papers, Posters, and Presentations

Start-ups are institutionally fragile companies that deal with high degrees of risk and uncertainty, especially during short-term shocks, such as COVID-19. This policy brief attempts to identify the needed development in the start-up supporting ecosystem under COVID-19 pandemic, with a special focus on human capital management (HCM), decent work, and labor resilience in start-ups in Egypt. The core question of the paper is: How did COVID-19 pandemic affect the HCM practices in Egyptian start-ups and what is needed for start-ups in Egypt to recover from the crisis and sustain decent jobs and labor resilience?

Startups And Human Capital Management In Egypt: In Search Of Decent Jobs, Maryham Abdel Malak, Ibrahem El Sayed Hassan, Fayrouz El Dabbagh, Laila M. El Baradei

Papers, Posters, and Presentations

While startups are considered an important potential contributor to Egypt’s economic growth, they encounter myriad challenges that hinder their ability to reach their potential, sustain their market presence, and their capacity to provide decent job opportunities. Challenges include the difficulty of locating and sustaining funding, the complicated legal and regulatory framework that governs them, the conservative social norms and culture, and the lack of data and information regarding market dynamics and existing opportunities. The research findings revealed that many startups face challenges with their Human Capital Management (HCM), in the planning, acquisition, development, or sanction functions. This policy paper examines …

الشركات الناشئة وإدارة رأس المال البشري في مصر: رحلة البحث عن وظائف لائقة, Maryham Madgy Abdelmalak, Fayrouz El Dabbagh, Ibrahem El Sayed Hassan, Laila M. El Baradei

Papers, Posters, and Presentations

تُعد الشركات الناشئة أحد العناصر التي من الممكن أن تساهم في النمو الاقتصادي في مصر، إلا أنها تواجه تحديات عديدة تعرقل قدرتها على تحقيق إمكاناتها، واستدامتها في السوق، وقدرتها على توفير فرص عمل لائقة. وتشمل التحديات: صعوبة تحديد مصدر التمويل، واستدامته وتعقد الإطار القانوني والتنظيمي الذي ينظمها, بالإضافة إلى المعايير الاجتماعية، والثقافة المحافظة، ونقص البيانات والمعلومات المتعلقة بديناميات السوق والفرص المتاحة. وقد أوضحت نتائج البحث أن العديد من الشركات الناشئة تواجه تحديات في إدارة رأس المال البشري لديها فيما يتعلق بمهام التخطيط ،أو اجتذاب الموارد البشرية أو التطوير ،أو الجزاءات. وتتناول هذه الورقة النظام البيئي الحالي للشركات الناشئة في مصر …

Insight-Driven Sales Management, Hesham O. Dinana

Faculty Book Chapters

In the new VUCA (Volatile, Uncertain, Complex and Ambiguous) world that we live in, there are new rules that will reshape many of the components of sales management, from prospecting, to lead qualification, to closing and relationship management. This chapter will explore the impact of technology, data proliferation, and omni-channel customer touch points on how organizations will manage their sales process and the sales teams in the integrated online and offline worlds (O2O sales). The digital-age consumer and the digital-age sales team will have different communication needs and tools that need to be addressed by sales leaders to ensure their …

Bad Things Happen To Those Who Wait: Nav Discrepancies Of Money Market Funds In Egypt, Kariman Karem Kordy

Theses and Dissertations

We conduct an experiment on the Egyptian money market by testing how volatility in interest rates and asymmetric (redemption-only) structure of money market funds (MMFs) affect investors who redeem after interest rate hikes, versus those who remain in the fund. We conduct simulations on MMFs with different durations. Given current MMF accounting treatment, results show that increasing interest rates, higher redemptions than subscriptions, and longer fund durations cause unfair treatment of investors who remain in the fund after disrupted periods. The findings of this research have policy implications to regulators of MMFs in Egypt to apply a rule similar to …

Performance Of Islamic Stocks Versus Conventional Stocks During Crisis And Non Crisis Period: Evidence From Mena Region., Eshraq Abou El Enein

Theses and Dissertations

The purpose of this thesis is to examine the performance of both Islamic and conventional stocks, and to investigate whether the Islamic filtering criteria acts as a shield of protection for investors during crisis or not, based on a panel sample of 12 countries in the MENA region covering 10 different sectors from 1998-2018. Using panel fixed effect regression. We divided out sample into three periods; 1998-2006 pre-crisis period, 2007-2008 crisis period and 2009-2018 post crisis period. Our main finding is that the filtering criteria has a positive relation with the returns significant for the post crisis period and positive …

Preferences Of Institutional Investors: Evidence From The Arab Region, Mohamed Ahmed Magdy Elsayed

Theses and Dissertations

In this research, we examine the preferences of institutional investors in the Arab region. Institutional investors’ investment decisions are based on various factors or measures that are used in assessing the worthiness of a company for investment. The research uses measures for stock risk and return, financial leverage, profitability, ownership concentration and trading activity, as well as measures for company size, value, sector, and country as predictor variables for the rate of institutional ownership and analyzes the impact of these variables. Using a cross-sectional model, the research gathers evidence from the Arab region’s leading stock markets by market capitalization for …

Government Export Support Program In Egypt: Challenges And Influencing Factors, Ahmed Kamal Alhelewa

Theses and Dissertations

The purpose of this research is to examine the challenges and influencing factors of the Government Export Support Program (ESP) in Egypt. The program was initiated in 2002 with the aim of upgrading the value added of Egyptian exporters and strengthening their international market share. The research identifies twelve challenges categorized into two groups: 1) program design issues (service-based not result-based program, absence of strong monitoring and evaluation systems, a lack of a sustainability strategy, underrepresentation of private sector in the board of directors of the Export Development Fund, restricted support and rigid budget distribution, inappropriate response to different needs …

Women Entrepreneurs In Egypt: A Qualitative Study Of Perceptions And Challenges, Rwan Zakria Abdelrhman

Theses and Dissertations

Although all entrepreneurs and business owners encounter obstacles and barriers, the challenges that female entrepreneurs face in Egypt are surmount. Female entrepreneurs in Egypt lack the requisite training and basic advising services that would keep them updated with new technological skills. Moreover, women are more likely to discontinue their businesses due to limited access to finance. Furthermore, women face restrictive legal and institutional burdens when establishing their business or when starting a new one. In addition, cultural constraints are another challenge that negatively influence women's credibility, their empowerment and self-confidence. The current study, intends to investigate the challenges that female …

The Sustainable Use Of Natural Resources In Egypt's Ecotourism Hotspots / الاستخدام المستدام للموارد الطبيعية في أماكن جذب السياحة البيئية في مصر, Menna Moataz Elsehrawy, Omneya Nagib Ibrahim, Yara Ali Moustafa, Yousra Osama Taha

Papers, Posters, and Presentations

This paper focuses on ecotourism in Egypt, and its current challenges. Based on the analysis of current policies, different stakeholders, and challenges as well as opportunities within the ecotourism sector, this policy paper --targeting the Egyptian Environmental Affairs Agency and requiring collaboration from the Egyptian Ministry of Tourism-- provides a set of recommendations.