The Difference Between Abu Dhabi and Dubai Listed Companies in Term of Corporate Governance Practices and Their Influence on Firms’ Performance

International Journal of Business Society, Vol. 3, Issue 3
Ziyad Mohamed SwedanDr. S. M. Ferdous Azam
Corporate Governance PracticesAbu Dhabi Stock MarketDubai Stock MarketFirms' Performance
PDFRegular IssueDOI: 10.30566/ijo-bs/2019.99
3Volume
3Issue

Abstract

The purpose of this study is to find out the differences between Abu Dhabi and Dubai Listed Companies in Term of Corporate Governance Practices and their Influence on Firms’ Performance. The descriptive approach of the study is to be used for this type of research. This article will make the measurements of corporate governance are different between 2008 and 2009 for Dubai and Abu Dhabi stock market. This study is based on quantitative research. The SPSS program will be used to do the descriptive statistics analysis and the independent sample t-test. This research has found out that there was a significant difference between Dubai’s stock market and Abu Dhabi’s stock market for the variables Return on Asset, Return on Equity, and Earnings per Share. This study was limited to two stock markets, which are the Dubai stock market and Abu Dhabi stock market.

References

[1]

Ahunwan, B. (2002). Corporate Governance in Nigeria. Journal of Business Ethics, 37(3): 269 -287.

[2]

Ben-Hassoun, A., Aloui, C., & Ben-Nasr, H. (2018). Demand for audit quality in newly privatized firms in MENA region: Role of internal corporate governance mechanisms audit. Research in International Business and Finance, 45, 334 -348. doi: https://doi.org/10.1016/j.ribaf.2017.07.167

[3]

Brav, A., Jiang, W., Partnoy, F., & Thomas, R. (2008). Hedge fund activism, corporate governance, and firm performance. The Journal of Finance, 63(4), 1729-1775.

[4]

Di Berardino, D. (2016). Corporate Governance and Firm Performance in New Technology Ventures. Procedia Economics and Finance, 39, 412-421. doi: https://doi.org/10.1016/S2212-5671(16)30342-2

[5]

Halawi, A., & Davidson, B. (2010). Power matters: a survey of GCC boards. TNI Investment Research. Published by Hawkamah.

[6]

Jusic, A. (2016). International Standards and Capital Market Regulation in Kuwait. Kuwait International Law School Journal, Special Issue(1 Part I), 17-64.

[7]

Kusumaningtias, R., Ludigdo, U., Irianto, G., & Mulawarman, A. D. (2016). Rethinking of Corporate Governance. Procedia - Social and Behavioral Sciences, 219, 455-464. doi: https://doi.org/10.1016/j.sbspro.2016.05.020

[8]

Reuters, T. (2016). Summer Sectors Performance.

[9]

Zheka, V. (2007). Does Corporate Governance casually predict Firm Performance. Panel Data and Instrumental Variables Evidence.

Article Information

Article Details
Volume & IssueVol. 3, Iss. 3
Publication DateApr 2, 2019
Authors
Ziyad Mohamed Swedan
Dr. S. M. Ferdous Azam
DOI
10.30566/ijo-bs/2019.99
PDF Download
The Difference Between Abu Dhabi and Dubai Listed Companies in Term of Corporate Governance Practices and Their Influence on Firms’ Performance | International Journal of Business Society