HAJAR MOUATASSIM LAHMINI | Hassan II Casablanca (original) (raw)

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Papers by HAJAR MOUATASSIM LAHMINI

Periodicals of Engineering and Natural Sciences (PEN), 2020

The ability to absorb new external knowledge (ACAP) becomes a major source of innovation and comp... more The ability to absorb new external knowledge (ACAP) becomes a major source of innovation and competitive advantage. Despite the abundance of literature devoted to this concept, it remains shrouded in conceptual and empirical confusion. In this paper, we will attempt to shed light on this construct. Based on a thematic analysis of this literature, we identify five main themes covered by absorptive capacity research, such as: conceptualizations of ACAP, dimensions, measurement scales, main antecedents and organizational outputs of ACAP. The results show that, despite the efforts made in this field, the variety of conceptualizations, the diversity of measures used, the focus on “Content” of knowledge at the expense of “Processes”, “IT Systems” and “Context” of their integration, restrict our understanding of this concept. The paper then addresses some limitations of that works, and discusses avenues for future researches.

Journal of Financial Risk Management, 2015

Operational risk is a prominent preoccupation of all managers these days. Indeed, the development... more Operational risk is a prominent preoccupation of all managers these days. Indeed, the development of collective awareness has led executives to implement a wide variety of solutions in order to keep this risk and its consequences under control. In this context, we propose a practical implementation methodology of key risk indicators system with the aim to identify operational risks and above all to propose preventive and corrective measures capable of monitoring and managing operational risks. The proposed system will be adjusted to Investment Management process in a Moroccan Asset Management Company.

Marketing and Management of Innovations

The authors present their arguments and counterarguments on the issue of Immaterial capital and i... more The authors present their arguments and counterarguments on the issue of Immaterial capital and its impact on companies’ performance. The main purpose of the research is to assess companies’ Immaterial Capital and to measure its impact on stock performance. The article has three main objectives: 1) to define immaterial capital and propose a methodology for its assessment; 2) to determine the proportion of Immaterial Capital created in Moroccan companies listed on the Casablanca stock exchange while using the retained measurement methodology; 3) to verify the impact of Immaterial Capital on stock performance. Systematisation literary sources and approaches for solving the problem of Immaterial Capital assessment indicates that there is no broad consensus on that issue. Indeed, given its multidimensional character, immaterial capital is difficult to measure. It is worth to note that several approaches to assessing that capital, which weighs very heavily on the enterprise’s finances, h...

In this communication, the author tries to examine the effect of Corporate Social Responsibility ... more In this communication, the author tries to examine the effect of Corporate Social Responsibility (CSR) on financial performance of the enterprises listed in Casablanca stock exchange. The empirical study realized has confirmed the impact of CSR depending on the performance measure used in each case. Indeed, when economic return is used as performance measure, the CSR impact is positive and statistically significant. On the contrary, when financial performance is measured by stock performance or ROE, the impact of CSR is also positive but not significant statistically.

L'impact positif de la RSE n'est pas encore verifie par toutes les theories. D'une pa... more L'impact positif de la RSE n'est pas encore verifie par toutes les theories. D'une part, selon l'approche partenariale (Freeman, 1984) l'effet de la RSE sur la performance financiere de l'entreprise est plutot positif puisque celle-ci tient compte des attentes de l'ensemble des parties prenantes ce qui, directement ou indirectement, finit par ameliorer la performance de l'entreprise. A contrario, la theorie neoclassique (Friedman, 1962, 1970) soutient que la RSE penalise plutot les entreprises ayant mis en place des strategies socialement responsables qui tiennent compte des attentes de l'ensemble des parties prenantes au lieu d'etre destinees a ameliorer la rentabilite pour les actionnaires uniquement. De plus, les differentes etudes empiriques menees sur cette thematique n'arrivent toujours pas a prouver le sens positif de la relation entre les deux performances sociales et financieres. D'autre part, la theorie socio-economique tente...

L’impact positif de la RSE n’est pas encore vérifié par toutes les théories. D’une part, selon l’... more L’impact positif de la RSE n’est pas encore vérifié par toutes les théories. D’une part, selon l’approche partenariale (Freeman, 1984) l’effet de la RSE sur la performance financière de l’entreprise est plutôt positif puisque celle-ci tient compte des attentes de l’ensemble des parties prenantes ce qui, directement ou indirectement, finit par améliorer la performance de l’entreprise. A contrario, la théorie néoclassique (Friedman, 1962, 1970) soutient que la RSE pénalise plutôt les entreprises ayant mis en place des stratégies socialement responsables qui tiennent compte des attentes de l’ensemble des parties prenantes au lieu d’être destinées à améliorer la rentabilité pour les actionnaires uniquement. De plus, les différentes études empiriques menées sur cette thématique n’arrivent toujours pas à prouver le sens positif de la relation entre les deux performances sociales et financières. D’autre part, la théorie socio-économique tente de prouver par des études de terrain que l’appr...

In this communication, the authors examine the effects of capital structure on the financial perf... more In this communication, the authors examine the effects of capital structure on the financial performance of Moroccan companies operating in real estate and construction sectors in the context of pecking order theory. The communication suggests that choosing a method of financing, whether internal or external, debt or equity capital, long term or short term is likely to have different effects on financial performance. Prior to studying these effects, a performance measure should be determined. The study shows that long-term debt is negatively correlated to the financial performance of the company, short-term debt is positively correlated. Financing by issuing new shares does not seem to affect the performance of enterprise in any performance measure used. And ultimately self-financing has also a negative effect on the company's performance.

Periodicals of Engineering and Natural Sciences, 2020

The ability to absorb new external knowledge (ACAP) becomes a major source of innovation and comp... more The ability to absorb new external knowledge (ACAP) becomes a major source of innovation and competitive advantage. Despite the abundance of literature devoted to this concept, it remains shrouded in conceptual and empirical confusion. In this paper, we will attempt to shed light on this construct. Based on a thematic analysis of this literature, we identify five main themes covered by absorptive capacity research, such as: conceptualizations of ACAP, dimensions, measurement scales, main antecedents and organizational outputs of ACAP. The results show that, despite the efforts made in this field, the variety of conceptualizations, the diversity of measures used, the focus on "Content" of knowledge at the expense of "Processes", "IT Systems" and "Context" of their integration, restrict our understanding of this concept. The paper then addresses some limitations of that works, and discusses avenues for future researches.

Marketing and Management of Innovations

The authors present their arguments and counterarguments on the issue of Immaterial capital and i... more The authors present their arguments and counterarguments on the issue of Immaterial capital and its impact on companies’ performance. The main purpose of the research is to assess companies’ Immaterial Capital and to measure its impact on stock performance. The article has three main objectives: 1) to define immaterial capital and propose a methodology for its assessment; 2) to determine the proportion of Immaterial Capital created in Moroccan companies listed on the Casablanca stock exchange while using the retained measurement methodology; 3) to verify the impact of Immaterial Capital on stock performance. Systematisation literary sources and approaches for solving the problem of Immaterial Capital assessment indicates that there is no broad consensus on that issue. Indeed, given its multidimensional character, immaterial capital is difficult to measure. It is worth to note that several approaches to assessing that capital, which weighs very heavily on the enterprise’s finances, h...

Operational risk is a prominent preoccupation of all managers these days. Indeed, the development... more Operational risk is a prominent preoccupation of all managers these days. Indeed, the development
of collective awareness has led executives to implement a wide variety of solutions in order
to keep this risk and its consequences under control. In this context, we propose a practical implementation
methodology of key risk indicators system with the aim to identify operational risks
and above all to propose preventive and corrective measures capable of monitoring and managing
operational risks. The proposed system will be adjusted to Investment Management process in a
Moroccan Asset Management Company.

Operational risk is a prominent preoccupation of all managers these days. Indeed, the development... more Operational risk is a prominent preoccupation of all managers these days. Indeed, the development of collective awareness has led executives to implement a wide variety of solutions in order to keep this risk and its consequences under control. In this context, we propose a practical implementation methodology of key risk indicators system with the aim to identify operational risks and above all to propose preventive and corrective measures capable of monitoring and managing
operational risks. The proposed system will be adjusted to Investment Management process in a Moroccan Asset Management Company.

Periodicals of Engineering and Natural Sciences (PEN), 2020

The ability to absorb new external knowledge (ACAP) becomes a major source of innovation and comp... more The ability to absorb new external knowledge (ACAP) becomes a major source of innovation and competitive advantage. Despite the abundance of literature devoted to this concept, it remains shrouded in conceptual and empirical confusion. In this paper, we will attempt to shed light on this construct. Based on a thematic analysis of this literature, we identify five main themes covered by absorptive capacity research, such as: conceptualizations of ACAP, dimensions, measurement scales, main antecedents and organizational outputs of ACAP. The results show that, despite the efforts made in this field, the variety of conceptualizations, the diversity of measures used, the focus on “Content” of knowledge at the expense of “Processes”, “IT Systems” and “Context” of their integration, restrict our understanding of this concept. The paper then addresses some limitations of that works, and discusses avenues for future researches.

Journal of Financial Risk Management, 2015

Operational risk is a prominent preoccupation of all managers these days. Indeed, the development... more Operational risk is a prominent preoccupation of all managers these days. Indeed, the development of collective awareness has led executives to implement a wide variety of solutions in order to keep this risk and its consequences under control. In this context, we propose a practical implementation methodology of key risk indicators system with the aim to identify operational risks and above all to propose preventive and corrective measures capable of monitoring and managing operational risks. The proposed system will be adjusted to Investment Management process in a Moroccan Asset Management Company.

Marketing and Management of Innovations

The authors present their arguments and counterarguments on the issue of Immaterial capital and i... more The authors present their arguments and counterarguments on the issue of Immaterial capital and its impact on companies’ performance. The main purpose of the research is to assess companies’ Immaterial Capital and to measure its impact on stock performance. The article has three main objectives: 1) to define immaterial capital and propose a methodology for its assessment; 2) to determine the proportion of Immaterial Capital created in Moroccan companies listed on the Casablanca stock exchange while using the retained measurement methodology; 3) to verify the impact of Immaterial Capital on stock performance. Systematisation literary sources and approaches for solving the problem of Immaterial Capital assessment indicates that there is no broad consensus on that issue. Indeed, given its multidimensional character, immaterial capital is difficult to measure. It is worth to note that several approaches to assessing that capital, which weighs very heavily on the enterprise’s finances, h...

In this communication, the author tries to examine the effect of Corporate Social Responsibility ... more In this communication, the author tries to examine the effect of Corporate Social Responsibility (CSR) on financial performance of the enterprises listed in Casablanca stock exchange. The empirical study realized has confirmed the impact of CSR depending on the performance measure used in each case. Indeed, when economic return is used as performance measure, the CSR impact is positive and statistically significant. On the contrary, when financial performance is measured by stock performance or ROE, the impact of CSR is also positive but not significant statistically.

L'impact positif de la RSE n'est pas encore verifie par toutes les theories. D'une pa... more L'impact positif de la RSE n'est pas encore verifie par toutes les theories. D'une part, selon l'approche partenariale (Freeman, 1984) l'effet de la RSE sur la performance financiere de l'entreprise est plutot positif puisque celle-ci tient compte des attentes de l'ensemble des parties prenantes ce qui, directement ou indirectement, finit par ameliorer la performance de l'entreprise. A contrario, la theorie neoclassique (Friedman, 1962, 1970) soutient que la RSE penalise plutot les entreprises ayant mis en place des strategies socialement responsables qui tiennent compte des attentes de l'ensemble des parties prenantes au lieu d'etre destinees a ameliorer la rentabilite pour les actionnaires uniquement. De plus, les differentes etudes empiriques menees sur cette thematique n'arrivent toujours pas a prouver le sens positif de la relation entre les deux performances sociales et financieres. D'autre part, la theorie socio-economique tente...

L’impact positif de la RSE n’est pas encore vérifié par toutes les théories. D’une part, selon l’... more L’impact positif de la RSE n’est pas encore vérifié par toutes les théories. D’une part, selon l’approche partenariale (Freeman, 1984) l’effet de la RSE sur la performance financière de l’entreprise est plutôt positif puisque celle-ci tient compte des attentes de l’ensemble des parties prenantes ce qui, directement ou indirectement, finit par améliorer la performance de l’entreprise. A contrario, la théorie néoclassique (Friedman, 1962, 1970) soutient que la RSE pénalise plutôt les entreprises ayant mis en place des stratégies socialement responsables qui tiennent compte des attentes de l’ensemble des parties prenantes au lieu d’être destinées à améliorer la rentabilité pour les actionnaires uniquement. De plus, les différentes études empiriques menées sur cette thématique n’arrivent toujours pas à prouver le sens positif de la relation entre les deux performances sociales et financières. D’autre part, la théorie socio-économique tente de prouver par des études de terrain que l’appr...

In this communication, the authors examine the effects of capital structure on the financial perf... more In this communication, the authors examine the effects of capital structure on the financial performance of Moroccan companies operating in real estate and construction sectors in the context of pecking order theory. The communication suggests that choosing a method of financing, whether internal or external, debt or equity capital, long term or short term is likely to have different effects on financial performance. Prior to studying these effects, a performance measure should be determined. The study shows that long-term debt is negatively correlated to the financial performance of the company, short-term debt is positively correlated. Financing by issuing new shares does not seem to affect the performance of enterprise in any performance measure used. And ultimately self-financing has also a negative effect on the company's performance.

Periodicals of Engineering and Natural Sciences, 2020

The ability to absorb new external knowledge (ACAP) becomes a major source of innovation and comp... more The ability to absorb new external knowledge (ACAP) becomes a major source of innovation and competitive advantage. Despite the abundance of literature devoted to this concept, it remains shrouded in conceptual and empirical confusion. In this paper, we will attempt to shed light on this construct. Based on a thematic analysis of this literature, we identify five main themes covered by absorptive capacity research, such as: conceptualizations of ACAP, dimensions, measurement scales, main antecedents and organizational outputs of ACAP. The results show that, despite the efforts made in this field, the variety of conceptualizations, the diversity of measures used, the focus on "Content" of knowledge at the expense of "Processes", "IT Systems" and "Context" of their integration, restrict our understanding of this concept. The paper then addresses some limitations of that works, and discusses avenues for future researches.

Marketing and Management of Innovations

The authors present their arguments and counterarguments on the issue of Immaterial capital and i... more The authors present their arguments and counterarguments on the issue of Immaterial capital and its impact on companies’ performance. The main purpose of the research is to assess companies’ Immaterial Capital and to measure its impact on stock performance. The article has three main objectives: 1) to define immaterial capital and propose a methodology for its assessment; 2) to determine the proportion of Immaterial Capital created in Moroccan companies listed on the Casablanca stock exchange while using the retained measurement methodology; 3) to verify the impact of Immaterial Capital on stock performance. Systematisation literary sources and approaches for solving the problem of Immaterial Capital assessment indicates that there is no broad consensus on that issue. Indeed, given its multidimensional character, immaterial capital is difficult to measure. It is worth to note that several approaches to assessing that capital, which weighs very heavily on the enterprise’s finances, h...

Operational risk is a prominent preoccupation of all managers these days. Indeed, the development... more Operational risk is a prominent preoccupation of all managers these days. Indeed, the development
of collective awareness has led executives to implement a wide variety of solutions in order
to keep this risk and its consequences under control. In this context, we propose a practical implementation
methodology of key risk indicators system with the aim to identify operational risks
and above all to propose preventive and corrective measures capable of monitoring and managing
operational risks. The proposed system will be adjusted to Investment Management process in a
Moroccan Asset Management Company.

Operational risk is a prominent preoccupation of all managers these days. Indeed, the development... more Operational risk is a prominent preoccupation of all managers these days. Indeed, the development of collective awareness has led executives to implement a wide variety of solutions in order to keep this risk and its consequences under control. In this context, we propose a practical implementation methodology of key risk indicators system with the aim to identify operational risks and above all to propose preventive and corrective measures capable of monitoring and managing
operational risks. The proposed system will be adjusted to Investment Management process in a Moroccan Asset Management Company.