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Faculty of Commerce - Papers (Archive)

2008

Analysis

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Full-Text Articles in Business

An Analysis Of The Financial Services Regulations Of Australia, Shyam S. Bhati Jan 2008

An Analysis Of The Financial Services Regulations Of Australia, Shyam S. Bhati

Faculty of Commerce - Papers (Archive)

The purpose of this paper is to critically analyse various aspects of Australian Financial Services Regulation in terms of Llewellyn’s Theory of Financial Services Regulation and offer suggestions for the improvement of FSR based on the analysis. A discussion based approach is used to conduct this analysis. It is observed that the FSR Act, 2001 of Australia does not cover credit products thereby leaving an important segment of the market outside the purview of the Act. The policies developed by Australian Securities and Investment Commission (ASIC) on FSR Act relies on Industry self regulation as mechanism of creating trust and …


Empirical Analysis Of The Uae Stock Market Volatility, Sami Khedhiri, Naeem Muhammad Jan 2008

Empirical Analysis Of The Uae Stock Market Volatility, Sami Khedhiri, Naeem Muhammad

Faculty of Commerce - Papers (Archive)

Financial market volatility of developed economies have been studied extensively since the 1987 stock market crash as well as the volatility of the East Asian stock markets after the East Asian financial crisis. However the volatility characteristics of the financial markets in the Middle East are far from being thoroughly analysed despite their tremendous growth in recent years. The purpose of this paper is twofold. First, we investigate the volatility characteristics of the UAE stock markets measured by fat tail, volatility clustering, and leverage effects, in order to explore a parsimonious model for the UAE stock market and predict its …