Fekri Shawtari - Academia.edu (original) (raw)

Papers by Fekri Shawtari

Social Science Research Network, 2012

International Journal of Managerial and Financial Accounting, 2023

World Academy of Science, Engineering and Technology, International Journal of Economics and Management Engineering, Apr 25, 2019

The purpose of this paper is to revisit the Granger causal relationship between banking sector de... more The purpose of this paper is to revisit the Granger causal relationship between banking sector development and economic growth for forty developing countries in the period 1970-2012. In order to capture the different aspects of banking sector development, we use two banking sector development indices and apply a panel bootstrap approach to Granger causality testing which takes into account cross-sectional dependence and heterogeneity issues. The empirical results show limited support for the supply-leading, demand-following and complementarity hypotheses, but provide evidence for a causal relationship between banking sector development and economic growth in twenty-five countries.

Journal of Scientific Research and Reports, Feb 25, 2023

Many studies in the field of TQM have been conducted in recent years. The majority of these studi... more Many studies in the field of TQM have been conducted in recent years. The majority of these studies have addressed the concept in manufacturing. Although few studies have considered the TQM in service sectors such as in the education section, none have considered the role of subculture in implementing TQM practices. This study aims to fill this gap by highlighting the role of subculture in the adoption of TQM practices. The study uses a questionnaire adapted from previous studies that were sent to 399 staff at the Community College of Qatar. The returned questionnaires represent 35% of the sample. The data were analyzed by SPSS 20 version. After ensuring the reliability and validity of the data, an independent-samples t-test was conducted to determine if there is any difference between the two groups (academic and administrative staff) with regard to the implementation of TQM practices. The results revealed that the two groups agree only on the implementation of leadership and vision practice. However, the analysis showed a significant Original Research Article

Asian Review of Accounting, Sep 14, 2012

As the major shareholder, Malaysian Government in 2004 has embarked on the Government linked Comp... more As the major shareholder, Malaysian Government in 2004 has embarked on the Government linked Companies (GLCs) transformation policy program that mainly emphasizes on enhancing the corporate governance mechanisms of the State owned Enterprises (SOEs) in order to enhance effectiveness of the board. The paper aims to examine the impact of corporate governance mechanisms as embedded in the transformation program on the practice of earnings management. In particular, the study uses data for two periods of time (pre and post transformation), and examine whether the period of post transformation policy has experienced any improvement of board monitoring role in curbing earnings management activities. The main findings show that there is an increase of earnings management activities in post transformation period. Further, the findings revealed that all corporate governance mechanisms have little impact to curb earnings management activities except for board meetings and leadership structure in the post transformation period. The board meetings and separate role of two top positions in the companies were shown to have negative impact on earnings management post transformation policy and that relationship do not hold for the period pre transformation policy. Although the study has shown positive preliminary impact of tightening corporate governance in GLCs, scope to expand the research was also discussed.

Journal of Islamic Accounting and Business Research

Purpose The financial system plays an essential role in facilitating the intermediation process f... more Purpose The financial system plays an essential role in facilitating the intermediation process for economic growth. Policymakers stress on achieving a well-developed and regulated financial system to achieve economic development and resiliency. Using data from the State of Qatar, this paper aims to examine the impact of financial development indicator on economic growth; the impact of financial development indicator on hydrocarbon and nonhydrocarbon sector; the impact of Islamic banking on hydrocarbon and nonhydrocarbon economic growth. Design/methodology/approach The research uses quarterly data from 2007 to 2019 and adopts autoregressive distributed lag cointegration techniques to test the long- and short-run dynamic relationship between various measures of financial development and economic growth. Findings The results present evidence of long-term cointegration between overall financial development indicator and economic growth. Furthermore, the authors document the existence o...

Mathematics, Apr 2, 2023

This article is an open access article distributed under the terms and conditions of the Creative... more This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY

Journal of Scientific Research and Reports

International Journal of Managerial and Financial Accounting

Frontiers in Environmental Science

Progress in financial inclusion has played a major role in economic development and poverty reduc... more Progress in financial inclusion has played a major role in economic development and poverty reduction. However, the environmental impact of financial inclusion calls for urgent implementation of environmental strategies to mitigate climate change. Financial inclusion forces the policies of developed countries to advance and not affect the present and future development of developing countries. Therefore, the current study aims to investigate the direct effects of information and communication technology (ICT) usage on environment as well as its moderating role on the association between financial inclusion and environmental degradation for six oil exporting countries (United Arab Emirates, Saudi Arabia, Russia, Kuwait, Canada, and the United States), using annual panel data from 1995 to 2019. We also analyze the validity of the environmental Kuznets curve (EKC) phenomenon for the entire sample, as well as the role of energy consumption and population. Employing the Method of Moments...

International Journal of Emerging Markets

PurposeThis study aims to examine the influence of stock liquidity on the trade credit of publicl... more PurposeThis study aims to examine the influence of stock liquidity on the trade credit of publicly listed companies in Saudi Arabia.Design/methodology/approachIn this study various econometric models were used to test the data of 900 firms listed in Saudi Arabia during the period of 2010–2019.FindingsThe robust results of the various econometric models indicate that firms are more willing to offer trade credit to customers when stock liquidity is greater; however, they are less likely to rely on obtaining more payables from suppliers. The findings further indicate that payables and receivables are indeed related, but not exclusively, in the sense that more payables lead to more receivables. The study also reveals a pattern of persistence in payables and receivables during the period of study.Research limitations/implicationsThe sample of the present study is only made up of Saudi listed companies. Future research could extend the sample of this study taking into account listed firms...

data from listed firms in Saudi Arabia

Journal of Economics, Finance and Administrative Science, 2016

Mathematics

In the modern era of globalization, natural resources have become an important factor in shaping ... more In the modern era of globalization, natural resources have become an important factor in shaping a sustainable future; however, the evidence on the role of globalization in reducing the adverse environmental impacts of natural resources is relatively scarce. The current study explores the dynamic interaction between energy consumption, economic development proxied through the human development index, population, natural resources, globalization, and ecological footprint under the core idea of the Stochastic Impacts by Regression on Population, Affluence and Technology (STIRPAT). This research applies panel data for the period from 1999 to 2018 in nine countries with the highest oil production (Brazil, Canada, China, Iran, Kuwait, Russia, Saudi Arabia, United Arab Emirates, and the United States). The results of this study are based on the panel Method of Moments Quantile Regression (MMQR). Empirical findings foundthat economic development, energy consumption, population, and natural...

The Journal of Internet Banking and Commerce, 2015

This paper examines the long-term equilibrium between South Africa's stock index and selected mac... more This paper examines the long-term equilibrium between South Africa's stock index and selected macroeconomic variables using vector error-correction models (VECM). Upon testing for co-integration, long run structural equation modelling (LRSM) and VECM, the results indicate that industrial production is the most important determinant of stock market prices. This suggests that South Africa's stock market is highly sensitive to the country's industrial production. Money supply, inflation, and exchange rates are other determinants of South Africa's stock index but to a lesser extent than industrial production. The study found that the macroeconomic variables comprising industrial production, inflation, money supply, and exchange rate are co-integrated on the long run with stock market prices. These findings have implications for policy makers in the sense that any changes in the 2

Borsa Istanbul Review, 2015

The paper investigates whether there is a significance difference between the practices of discre... more The paper investigates whether there is a significance difference between the practices of discretionary loan/finance loss provisions between Islamic and conventional banks. Same time, the paper tests whether the efficiency may influence the behaviour of discretionary loans/finance loss provisions, taken into consideration other micro and macro variables. The study utilizes panel data runs over 1996-2011 with unbalanced observations for 16 banks, of which 4 Islamic banks. In order to achieve research objectives, the two-stage approach is adopted to examine the factors that may influence the behaviour of discretionary loan/finance loss provisions with specific emphasize on the efficiency. Furthermore, efficiency scores are estimated using Data Envelopment Windows Analysis. The findings of the research show that Islamic banks employ the discretionary loans/finance loss provisions to manage their earnings. However, the magnitude of discretion of accruals is significantly lower than conventional banks with exception for foreign banks which have reported lower discretionary loans/finance loss provisions than Islamic banks. Moreover, the analysis showed that efficiency affects the overall discretionary loans/finance loss provision positively, although this impact is shaped differently for Islamic and conventional banks.