mohammed omran - Academia.edu (original) (raw)
Related Authors
Uploads
Papers by mohammed omran
This study examines empirically whether national and international investors in the Egyptian stoc... more This study examines empirically whether national and international investors in the Egyptian stock market perceive accounting information based on the Egyptian accounting standards to be useful in stock valuation. Using a sample of all available listed firms in the Emerging Market Data Base (EMDB) from 1998 to 2002, we obtain evidence of the value relevance of accounting information in Egypt based on both return and price models. More importantly our results suggest that stock prices in Egypt are less informative about the future value of the firm than is accounting information. It is perhaps unreasonable to conclude that accounting information has higher value relevance in Egypt because financial reporting is of higher quality. It might however, imply that competing information sources such as earnings forecasts, firm research by financial analysts, management conference calls, etc. Are far less prevalent in Egypt. A likely policy implication of this study is that the Egyptian stock market needs complementary information sources other than published accounting reports, to become more informationally efficient.
Exploration for hydrocarbon prospects using aerial spectral radiometric survey data in Egypt
... Author: MOHAMED A. EL-SADEK*, AHMED A. AMMAR*, MOHAMED A. OMRAAN** AND HATEM M. ABU ELKHEIR**... more ... Author: MOHAMED A. EL-SADEK*, AHMED A. AMMAR*, MOHAMED A. OMRAAN** AND HATEM M. ABU ELKHEIR**. ... The study area displays a special importance in recent years, due to the discovery of economic iron ore deposits in Algedida and Nasser areas as well as ...
This study examines empirically whether national and international investors in the Egyptian stoc... more This study examines empirically whether national and international investors in the Egyptian stock market perceive accounting information based on the Egyptian accounting standards to be useful in stock valuation. Using a sample of all available listed firms in the Emerging Market Data Base (EMDB) from 1998 to 2002, we obtain evidence of the value relevance of accounting information in Egypt based on both return and price models. More importantly our results suggest that stock prices in Egypt are less informative about the future value of the firm than is accounting information. It is perhaps unreasonable to conclude that accounting information has higher value relevance in Egypt because financial reporting is of higher quality. It might however, imply that competing information sources such as earnings forecasts, firm research by financial analysts, management conference calls, etc. Are far less prevalent in Egypt. A likely policy implication of this study is that the Egyptian stock market needs complementary information sources other than published accounting reports, to become more informationally efficient.
Exploration for hydrocarbon prospects using aerial spectral radiometric survey data in Egypt
... Author: MOHAMED A. EL-SADEK*, AHMED A. AMMAR*, MOHAMED A. OMRAAN** AND HATEM M. ABU ELKHEIR**... more ... Author: MOHAMED A. EL-SADEK*, AHMED A. AMMAR*, MOHAMED A. OMRAAN** AND HATEM M. ABU ELKHEIR**. ... The study area displays a special importance in recent years, due to the discovery of economic iron ore deposits in Algedida and Nasser areas as well as ...