Lam Kevin CK
This paper discusses the banking regulatory and market framework in Kuwait. SWOT Analysis of Kuwait Banking Sector addresses the strengths, weaknesses, opportunities and threats. As a major oil exporter, it has enabled Kuwait to erect strong exterior and financial balance sheet situations. The government is a large net creditor and has a high flexibility to respond to external shocks. Since the institutional framework works as an obstruction to effective decision-making in the country with regards to transparency and accountability, political risk is considered as a weakness. Kuwait faces geopolitical risk, similar to its peers in the Gulf Cooperation Council (GCC). Credit risk is high for the Kuwaiti banking sector, as the banks have historically operated with significant exposures to cyclical sectors such as real estate and construction. Finally, Kuwait's legal framework regarding bankruptcy law, creditor rights, and process remains less developed when compared to other parts of the world.
Prayag Tiwari, Avinash Chandra Mishra and Ajay Kumar Jha
Enthusiasm for qualitative exploration systems, for example, activity research, contextual investigation research and ethnography, which concentrate on comprehension social marvels in their normal setting, has consequently developed. Case study examination is the most broadly utilized subjective exploration technique as a part of association exploration framework, and is appropriate to comprehension collaboration between innovation related advancement and authoritative connection. In this paper, we focused on scope definition of case study, when case study is appropriate to apply, importance of case design, advantages and limitation of case study, strength and weakness of case design and what factors should be taken into account during case study design. We likewise cover case study examination is valuable as concentrating on framework improvement and use in the field, investigating the viable difficulties that were confronted when leading contextual analysis research. Aside from that, this paper addresses number of challenges and gives some down to earth rule to comprehend those troubles, diagrams a methodology for the investigation of subjective information through multi-level examination.
This paper adopted a convenience sampling by approaching five different universities/higher education institutes in Dubai International Academic City (DIAC) to explore and examine the level of stress among students studying in those institutes. Three main factors of stress i.e., academic, financial and social support have been identified through the literature and a valid questionnaire was developed to capture their responses in all three factors of stress. By using descriptive statistics, an average (mean) values are computed. Recommendations and limitations of the study have also been discussed.
At the centre of the social drama that is ravaging our times is the lack of job opportunities for young people, but more generally for all who are progressively losing hope of a better future they had been led to believe in. The financial-economic culture is killing labour and we are all responsible for either not wanting to see or for not having the cultural and thinking capacity to understand the truth that is systematically manipulated by the media.
Allen Baby1 and CA. Ciby Joseph
While SME Sector plays an important role in the UAE Economy, it has its own unique challenges, especially funding by banks. Banks in United Arab Emirates have an important responsibility to fund SME Sector which is the real backbone of the economy, in such a manner that there can be a mutual win-win scenario. However, recently the banks are reluctant to lend to SME citing several skip cases. Some banks have even shut down SME departments. On the other hand, when we speak to SME segment, we get the sense of fear and panic amongst them in case of a possible default. It may be noted that such a situation usually arise due to circumstances beyond the control of business people. Though vast majority of business in UAE are SMEs, the Bank lending to them is just 3.85% of the total Bank exposure. SME sector complains about the difficulties involved with dealing with banks while banks have their grievances about SME clients. In the current market, the situation has aggravated with banks further tightening the credit lines that has started impacting even the genuine businessmen, triggering a chain reaction. This article tries to analyze the reasons for the challenges faced by the SME and Banks and explore possible solutions.
Training and development of employees is critical in organizations in this era of competition due to the fact that organizations need to survive, grow and develop. Consequentially, training and development has become an issue of strategic importance. Although many scholars have conducted research on training and development practices in organizations in both developing and developed economies, it is worth mentioning that most of the research has concentrated on the benefits of training in general. There is however, limited focus on evaluation of training and development practices in organizations and yet, training and development of employees is critical for the survival and growth of any entity. This study investigates effectiveness of training programme in four key areas like business focus, critical thinking, personal effectiveness and relationship management in retail sector on four categories of employees mostly retail warehouse workers, retail merchandisers, retail sales clerk and retail stocker also studied the extent of development in those four key areas through training.
Yu Hua Yan and Chih Ming Kung
Aim: To investigate the differences between nursing staff's perception on hospital accreditation awareness and effectiveness of organizational learning based on personal characteristics of nursing staff and hospital ownership level. Methods: This study employed a cross-section survey design targeting hospital nursing staff. 87 hospitals participated in the survey, and 473 survey forms were returned. Study tools included (1) personal background information and organizational data: variables included hospital ownership, hospital level, district, gender, age, years of employment, position and education; (2) hospital accreditation awareness scale: items included Hospital Management and Medical care; (3) organizational learning effectiveness scale: Personal Mastery, Team Learning & Building Shared vision. Results: Significant differences exhibited in factors influencing personal mastery were Hospital Level, years of employment and education; significant differences exhibited in factors influencing team learning were Hospital ownership, years of employment and educational; significant differences exhibited in factors influencing building shared vision were Hospital Level and years of employment. Conclusion: Our study allows hospital managers to better understand the degree of influence between organizational learning and hospital accreditation awareness, which may assist decision makers in further developing accreditation implementation strategies and encourage professional growth of nursing staff. We hope to expand the functional roles of nursing professionals in a diversified healthcare system, and create a higher quality learning environment for nursing care.
Ashok Dubey and Christopher Kummer
Mergers and Acquisitions (M&A) are universally accepted tool for growth and development for companies all around the world. The rational motives behind M&A are advantages in terms of economies of scale, economies of scope, synergies, accomplishing rapid growth, improved market position and allied tax benefits. Firms engaging in M&A activities can expect to improve their performance in terms of overall economic, financial and operating performance to be better off after the merger. Such expectations are based on the fundamental theory of M&A which claims that there is a positive gain to both acquirer and target. Gulf Cooperation Council (GCC) countries, too, have been in thick of M&A activities since last three decades and it has transformed their economy, from oil and gas producing nation to modern technology driven economy in different sectors, more so in Telecommunications, Financial Services, Real Estate, Food and Beverages, Engineering, Infrastructure, Education and ICT. The very formation of GCC in 1981 was a step towards harnessing the synergy of the participating six nations, viz UAE, KSA, Qatar, Bahrain, Kuwait and Oman. Another key factor causing growing M&A is the increased globalization of investment seeking higher rates of return and the opportunity to diversify risk, and many businesses recognize the uncompromising demand to venture overseas, or within their region. This paper has tried to cover the entire gamut of M&A activity in GCC countries from 2000 onwards. The reason for choosing this as starting year is the availability of authentic data for this purpose. Data has been churned to do M&A analysis from four distinct angles to find its impact and imperatives on the economy of GCC countries. The cross-border M&A investment database used for this paper was compiled from a variety of sources. The primary data for M&A deals were drawn from a larger dataset compiled by Thomson-Reuters SDC Platinum.
Fatma Zehri and Noura Ben Mbarek
This paper compares the relative performance of Islamic and conventional banks, during the last financial crisis in Saudi Arabia. It aims to test whether one bank type is better positioned to withstand large exogenous financial shocks. Bank performance will be measured by 9 profitability, efficiency and risk accounting ratios. Data is gathered from the financial statements of 11 biggest Saudi banks (7 conventional banks and 4 Islamic banks), over the period 2005-2014. A Panel Logit Regression (PLS) is conducted on 110 bank-year observations. Our results show that the Islamic financial system has better resisted to crisis than the conventional one and bring more evidence on the effectiveness of the Islamic financial system during periods of crisis.
The essay offers a critical assessment of the concept of warfare as it affects the Christian Church in Nigeria, in relation to the floods of insecurity and destruction of lives and properties by the Islamic fundamentalist; Boko Haram. It examines the New Testament view and the contemporary views on warfare. The ideology of the Boko Haram group is also considered. The essay argues for peace and safety for the Christian Church in the circumstance of attacks, killings and the struggle for dominance by the Islamic fundamentalist, Boko Haram. It provides helpful suggestions for the survival of the Church in a multi-religious society like Nigeria.