Mohamud Ambashe - Academia.edu (original) (raw)

Papers by Mohamud Ambashe

Research paper thumbnail of Artificial Intelligence Ethics Best Practices Model for Financial Decision-Making in Chinese Financial Institutions

International journal of information technologies and systems approach, Feb 7, 2024

Chinese financial institutions (CFIs) are increasingly embracing artificial intelligence (AI) for... more Chinese financial institutions (CFIs) are increasingly embracing artificial intelligence (AI) for their financial decision-making driven by AI's capacity to mitigate risks and enhance efficiency and accuracy. However, there remain ethical challenges related to the integration of AI in financial decision-making. This study develops the AI ethics best practices model (AB-PraM) to mitigate ethical concerns and enhance the application of AI in financial decision-making. By employing a quantitative methodology, this research collected questionnaire data from 320 financial experts in CFIs. Structural equation modelling (SEM) was adopted to identify AI ethics best practices for the implementation of the AB-PraM. The findings of this research will mitigate AI ethics challenges in CFIs and provide a practical framework for transparent and accountable decision-making in alignment with ethical standards and regulations.

Research paper thumbnail of IoT-based digital twin best practices for reducing operational carbon in building retrofitting: a mixed-method approach

Engineering, Construction and Architectural Management, Dec 10, 2023

Research paper thumbnail of The Development of Accounting through the History

IJAME, Apr 5, 2018

This paper seeks to further advance our increasing knowledge of the history of accounting outside... more This paper seeks to further advance our increasing knowledge of the history of accounting outside English-speaking countries in periods earlier than the modern era. It also contests de Ste. Croix's claim (1981) that "there seems to have been no really efficient method of accounting, by double or even single entry, before the thirteenth century". Analysis of medieval bookkeeping systems in Muslim society throws doubt on this assertion Keywords: Accounting history, Accounting development, Double entry accounting.

Research paper thumbnail of The Development of Accounting through the History

This paper seeks to further advance our increasing knowledge of the history of accounting outside... more This paper seeks to further advance our increasing knowledge of the history of accounting outside English-speaking countries in periods earlier than the modern era. It also contests de Ste. Croix's claim (1981) that "there seems to have been no really efficient method of accounting, by double or even single entry, before the thirteenth century". Analysis of medieval bookkeeping systems in Muslim society throws doubt on this assertion Keywords: Accounting history, Accounting development, Double entry accounting.

Research paper thumbnail of Financial derivatives and the commercial banks performance in UAE

Accounting, Dec 31, 2023

The introduction of derivatives at the financial market of the United Arab Emirate (UAE) is to en... more The introduction of derivatives at the financial market of the United Arab Emirate (UAE) is to enhance liquidity and broadens the range of securities. This is because it brings exciting opportunities for investors to diversify their investment in an efficient and cost-effective way. Evidence from previous studies has shown that financial market derivatives help to reduce risk. Even though trading losses produced by unsuitable derivative activity are frequently big enough to create financial problems and even bankruptcy, there is minimal research on how bank profitability and performance are affected. The study examines the determinants of financial derivatives on the performance of commercial banks in UAE and the financial risk exposure between derivatives financial assets and derivatives financial liabilities. The research employs Pecking order theory, panel ARDL and data from 30 commercial banks' financial statements in 2020 in UAE. The study found that an increase in the level of return on assets will create an increase in traded financial derivatives that will enhance bank performance by a high level of percentage. Stability of the banking sector in UAE is recommended to enhance better performances of commercial banks on financial derivatives in UAE.

Research paper thumbnail of Artificial Intelligence Ethics Best Practices Model for Financial Decision-Making in Chinese Financial Institutions

International journal of information technologies and systems approach, Feb 7, 2024

Chinese financial institutions (CFIs) are increasingly embracing artificial intelligence (AI) for... more Chinese financial institutions (CFIs) are increasingly embracing artificial intelligence (AI) for their financial decision-making driven by AI's capacity to mitigate risks and enhance efficiency and accuracy. However, there remain ethical challenges related to the integration of AI in financial decision-making. This study develops the AI ethics best practices model (AB-PraM) to mitigate ethical concerns and enhance the application of AI in financial decision-making. By employing a quantitative methodology, this research collected questionnaire data from 320 financial experts in CFIs. Structural equation modelling (SEM) was adopted to identify AI ethics best practices for the implementation of the AB-PraM. The findings of this research will mitigate AI ethics challenges in CFIs and provide a practical framework for transparent and accountable decision-making in alignment with ethical standards and regulations.

Research paper thumbnail of IoT-based digital twin best practices for reducing operational carbon in building retrofitting: a mixed-method approach

Engineering, Construction and Architectural Management, Dec 10, 2023

Research paper thumbnail of The Development of Accounting through the History

IJAME, Apr 5, 2018

This paper seeks to further advance our increasing knowledge of the history of accounting outside... more This paper seeks to further advance our increasing knowledge of the history of accounting outside English-speaking countries in periods earlier than the modern era. It also contests de Ste. Croix's claim (1981) that "there seems to have been no really efficient method of accounting, by double or even single entry, before the thirteenth century". Analysis of medieval bookkeeping systems in Muslim society throws doubt on this assertion Keywords: Accounting history, Accounting development, Double entry accounting.

Research paper thumbnail of The Development of Accounting through the History

This paper seeks to further advance our increasing knowledge of the history of accounting outside... more This paper seeks to further advance our increasing knowledge of the history of accounting outside English-speaking countries in periods earlier than the modern era. It also contests de Ste. Croix's claim (1981) that "there seems to have been no really efficient method of accounting, by double or even single entry, before the thirteenth century". Analysis of medieval bookkeeping systems in Muslim society throws doubt on this assertion Keywords: Accounting history, Accounting development, Double entry accounting.

Research paper thumbnail of Financial derivatives and the commercial banks performance in UAE

Accounting, Dec 31, 2023

The introduction of derivatives at the financial market of the United Arab Emirate (UAE) is to en... more The introduction of derivatives at the financial market of the United Arab Emirate (UAE) is to enhance liquidity and broadens the range of securities. This is because it brings exciting opportunities for investors to diversify their investment in an efficient and cost-effective way. Evidence from previous studies has shown that financial market derivatives help to reduce risk. Even though trading losses produced by unsuitable derivative activity are frequently big enough to create financial problems and even bankruptcy, there is minimal research on how bank profitability and performance are affected. The study examines the determinants of financial derivatives on the performance of commercial banks in UAE and the financial risk exposure between derivatives financial assets and derivatives financial liabilities. The research employs Pecking order theory, panel ARDL and data from 30 commercial banks' financial statements in 2020 in UAE. The study found that an increase in the level of return on assets will create an increase in traded financial derivatives that will enhance bank performance by a high level of percentage. Stability of the banking sector in UAE is recommended to enhance better performances of commercial banks on financial derivatives in UAE.