Search results

1 – 4 of 4
Per page
102050
Citations:
Loading...
Access Restricted. View access options
Article
Publication date: 15 May 2017

Khalid Almarri and Bassam Abuhijleh

The purpose of this paper is to develop a public–private partnership (PPP) framework for newcomers from developing countries with the United Arab Emirates (UAE).

938

Abstract

Purpose

The purpose of this paper is to develop a public–private partnership (PPP) framework for newcomers from developing countries with the United Arab Emirates (UAE).

Design/methodology/approach

For this purpose, through the meta-analysis review of literature and applied qualitative content analysis to the international PPP best practices, the authors identified key relevant PPP processes, terminologies and vocabulary that can assist new entrants in establishing their PPP infrastructure.

Findings

The outcome was a generic best practice framework for PPP implementation that consisted of five phases which further consisted of groups of functions and sub-groups of functions. These phases are establish the PPP framework, PPP implementation, contract design, bid management and PPP contract management.

Practical implications

This framework is expected to benefit the upper management of local government departments and the federal ministries to understand the full process for local PPPs and to help them make informed decision for what to develop as PPPs and how to develop them.

Social implications

This systematic approach to the development of PPPs in the UAE is expected to increase the number of PPP tenders, as there will be more awareness on what PPPs stand for, how they balance risks, improve efficiency and effectiveness of projects, improve facilities and services, etc.

Originality/value

This framework is the first to lay the foundations for a standardised PPP practice in the UAE for practitioners.

Details

Journal of Facilities Management, vol. 15 no. 2
Type: Research Article
ISSN: 1472-5967

Keywords

Available. Open Access. Open Access
Article
Publication date: 4 May 2023

Abdelmounaim Lahrech, Bassam Abu-Hijleh and Hazem Aldabbas

This study aims to examine the relationship between global renewable energy consumption and economic growth in Gulf Cooperation Council (GCC) countries from 2001 to 2019.

1988

Abstract

Purpose

This study aims to examine the relationship between global renewable energy consumption and economic growth in Gulf Cooperation Council (GCC) countries from 2001 to 2019.

Design/methodology/approach

This paper used a panel regression model to study the six GCC countries over the period from 2001 to 2019.

Findings

As expected, the findings indicated a significant and negative relationship between global renewable energy consumption and GCC economic growth. Additionally, there was a positive and significant relationship between GCC economic growth and the control variables, specifically labor, capital, CO2 emissions and non-renewable energy production.

Practical implications

The results are of great importance to policymakers in GCC oil-exporting countries, as expected growth in renewable energy consumption will lower their economic growth in the future. Hence, they should first diversify their economy and lower their dependence on oil. Second, these countries can invest in solar energy through international joint ventures, especially with North African countries in close proximity to Europe, to become leaders in solar energy production.

Originality/value

How global energy consumption is related to GCC countries’ economic growth remains unclear, not only in GCC countries but also in many oil-exporting countries around the world, so future studies are needed. Furthermore, GCC governments will be able to create appropriate policies for the green economy and achieve their objectives if they have a comprehensive understanding of how global growth in renewable energy demand affects GCC economies.

Details

Arab Gulf Journal of Scientific Research, vol. 42 no. 3
Type: Research Article
ISSN: 1985-9899

Keywords

Access Restricted. View access options
Article
Publication date: 22 June 2022

Ibrahim El-Sayed Ebaid

This study aims to examine the relationship between corporate governance mechanisms, namely, board independence, board size and gender diversity, and the extent of corporate…

1262

Abstract

Purpose

This study aims to examine the relationship between corporate governance mechanisms, namely, board independence, board size and gender diversity, and the extent of corporate social responsibility (CSR) disclosure for companies listed on the Saudi stock exchange.

Design/methodology/approach

Data has been extracted from the annual reports of a sample of 67 companies listed on the Saudi Stock Exchange during the period 2014–2019. Three panel data techniques have been used to investigate the association between governance variables and the extent of CSR disclosures after statistically controlling the effects of the size, leverage and profitability of the companies.

Findings

The results of this study indicate that board independence and board size have positive and significant associations with the extent of CSR disclosures. However, the study finds that the percentage of female representation on the board has a positive effect on the extent of CSR disclosure, but that this effect is not statistically significant.

Research limitations/implications

The results of this study are limited to the context in which the study was conducted, which is the Saudi stock exchange during the period 2014–2019, and then the generalization of the results may be limited to listed companies operating in a similar social and economic context. Also, the data sources in this study were limited to the annual reports of companies only.

Practical implications

The results of this study provide some indications for policymakers in Saudi Arabia to take what is necessary to promote corporate governance mechanisms and, therefore, enhance CSR practices.

Originality/value

This study contributes to the literature on CSR by providing empirical evidence on the impact of corporate governance mechanisms on the extent of CSR disclosure from one of the developing countries, which is Saudi Arabia.

Details

Journal of Global Responsibility, vol. 13 no. 4
Type: Research Article
ISSN: 2041-2568

Keywords

Access Restricted. View access options
Article
Publication date: 24 March 2023

Mahmoud Arayssi and Mohammad Jizi

This study aims to examine the role of royal family members’ board of directors, as a specific aspect of corporate governance, on the firm’s environmental, social and governance…

1248

Abstract

Purpose

This study aims to examine the role of royal family members’ board of directors, as a specific aspect of corporate governance, on the firm’s environmental, social and governance (ESG) disclosures. Many firms in the world enjoy special political connections, benefit from tax exemptions and favorable treatments that are largely responsible for their economic endurance and strong performance.

Design/methodology/approach

The authors collect data from Thomson Reuters database on Gulf Cooperation Council (GCC)-listed firms for 2010–2018. Royal family board directors’ data is manually collected using a systematic approach to ensure accuracy. Fixed effects’ panel regression model is used to estimate relationships. The authors interact variables to test the moderating effect of board independence and sustainability committee on the influence of royal family board directors.

Findings

This study finds that royal family directors on GCC boards negotiate fewer ESG reporting in firms. While board independence, board gender diversity, sustainability committee and governance committee increase the level of ESG-disclosures in the traditional way of reducing agency costs to stakeholders, this study finds that royal family board members convey beneficial consequences on firms without perceiving the need to disclose their ESG activities. Additionally, these firms do not show a spillover effect from the royal family members on the board’s independence or the existence of a sustainability committee; rather these members use a different channel for protecting and building the business value. These results are robust with respect to controls for company size, leverage, return on assets and growth. Instrumental variables are then introduced in the analysis to perform a sensitivity test.

Originality/value

The study results indicate the need to improve GCC market transparency over supplementary limitations that exist on their corporate governance condition. This may be consequential to regulators, lenders and investors. The results suggest the need to raise awareness of the importance of governance and balancing firms’ financial and social performance in the presence of royal family board directors. Policymakers and governance agencies are responsible for promoting the importance of forming sustainability committees and having a set of performance indicators that measure the effectiveness of their actions.

Details

Journal of Accounting & Organizational Change, vol. 20 no. 1
Type: Research Article
ISSN: 1832-5912

Keywords

1 – 4 of 4
Per page
102050