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      • KCI등재

        The Impact of Government, Foreign and Institutional Ownership and Firm Performance on Audit Quality Using Regression Analysis

        Ebrahim Mohammed Al-Matari,Adeeb Abdulwahab Al-Hebry 대한산업공학회 2019 Industrial Engineeering & Management Systems Vol.18 No.3

        Ownership structure proves to be one of the major factors affecting company accounting and market-based performance. The current study explored the direct ownership structure characteristics-performance relationship, with the former including government ownership, foreign ownership, and institutional ownership. The target sample of the study comprised of Omani non-financial firms examined in a three-year period. In addition, the study explored the moderating role of audit quality on the relationship between ownership structure and ROA, while considering the role of leverage as a control variable. The OLS regression was adopted to examine the direct government, ownership, foreign ownership and institutional ownership relationship with ROA, whereas the Hierarchical Multiple Regression was adopted to examine audit quality role as a moderating variable on the direct relationships. The obtained results revealed a significant and positive relationship between government ownership and foreign ownership and ROA, but an insignificant one between ROA and institutional ownership. The results also did not support the examined moderating role of audit quality on the above direct relationships. Towards the end, the study enumerated recommendations for future work.

      • KCI등재

        Determinants of Foreign Direct Investment in GCC Countries: An Empirical Analysis

        Ebrahim Mohammed AL-MATARI,Mahfoudh Hussein MGAMMAL,Nabil Ahmed M. SENAN,Adeeb Abdulwahab ALHEBRI 한국유통과학회 2021 The Journal of Asian Finance, Economics and Busine Vol.8 No.4

        The aim of this paper is to identify the key determinants in the Gulf Cooperation Council (GCC) countries for Foreign Direct Investment (FDI) inflows by using a balanced data panel for the period from 1995 to 2018. This study covers GCC countries in their entirety. The study uses ten explanatory variables, namely, trade ratio, gross domestic product, external balance, fuel exports, gross savings, international tourism, military expenditure, net foreign assets, services value added, and total natural resources. The authors have tried to find the best fit model from the differences methods considered such as OLS, GLS regression with the help of Hausman test, and country by country regressions as additional analysis. The study revealed a significantly positive association between inflation, trade ratio, gross domestic product, gross savings, and net foreign assets with FDI. On the contrary, international tourism was revealed to have a negative association with FDI. The sample of all GCC countries chosen for this study has not been considered widely by any earlier study. Moreover, this study covered many determinants of FDI that add to the previous literature. It is a significant contribution to the current research body and stresses the originality of this paper.

      • SCOPUS

        Sustainability Report Publication and Bank Share Price: Evidence from Saudi Arabia Stock Markets

        ALHARBI, Mualla Ali,MGAMMAL, Mahfoudh Hussein,AL-MATARI, Ebrahim Mohammed Korea Distribution Science Association 2021 The Journal of Asian Finance, Economics and Busine Vol.8 No.2

        We examine the effects of the sustainability report (SURE) and investment decision on share price (SPRC). Explore whether the sustainability report changes the value-relevance of financial accounting variables indirectly. It is evident that the number of banks is only 12, which are all banks in Saudi Arabia, and we have included all of them in the final sample. Moreover, the same number of banks applied for the analysis concerning the accounting variables. This article utilizes a panel dataset from a sample of Saudis registered banks from the first quarter of 2014 to the last quarter of 2018. We utilize a balanced sample that contains all banks listed in Tadawul, 240 observations. Run GLM regression to tests the relationships. Findings exhibit that investors value the complementary disclosure of accounting information provided in SURE, and this disclosure produces a positive effect on SPRC. The SURE figure is robustly significant, suggesting that the market assigns a positive-significant correlation to the further information in the SURE. The indirect effects show that BPS×SURE is a positive-significant effect on SPRC, whereas EPS×SURE is positively-insignificant. The analysis shows that SURE's value relevance conforms through Saudis Banks, consistent with the hypothesis that diverse institutional perspectives probably influence the value-relevance of SURE.

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