Research project

Middle East & North Africa Corporate Governance & Financial Markets

Project overview

Principal Investigator on University of Sussex Research Development Fund funded project entitled "Middle Eastern financial markets". This amounted to an Award of GBP 3,000 for duration of 1 year. However, this is part of a much bigger data collection project encompassing the entire Middle East & North African region. Please see below for details regarding this:

Middle East and North Africa (MENA) firm governance and financing:
Time scale: 03/2016 – current
Role: Principal Investigator (PI)
Status: Data collection only
Funding: £15,000-£20,000 from internal university sources (Research Development Funds and Research Budgets)
Data collection: Extensive travel for interviews with national stock exchanges of
Morocco: Marrakech financial district, Marrakech  [4/2019]
UAE: Dubai financial centre, Dubai  [4/2018]
Kuwait: Kuwait stock exchange, Kuwait  [4/2018]
UAE: ADX Abu Dhabi securities exchange, Abu Dhabi  [1/2018]
UAE: Dubai financial centre, Dubai  [1/2018]
UAE: Dubai financial centre, Dubai  [10/2017]
UAE: Dubai financial centre, Dubai  [9/2017]
Algeria: Bourse d’Alger, Algiers city  [8/2017]
UAE: ADX Abu Dhabi securities exchange, Abu Dhabi  [7/2017]
UAE: Dubai financial centre, Dubai  [7/2017]
Lebanon: Beirut stock exchange, Beirut  [4/2017]
Jordan: Amman stock exchange, Amman  [4/2017]
UAE: ADX Abu Dhabi stock exchange, Abu Dhabi  [4/2017]
UAE: Dubai financial centre, Dubai  [4/2017]
Bahrain: Bahrain exchange, financial harbour, Bahrain  [1/2017]
UAE: ADX Abu Dhabi securities exchange, Abu Dhabi  [12/2016]
UAE: Dubai financial market, Dubai  [12/2016]
UAE: Dubai financial market, Dubai  [9/2016]
UAE: Dubai financial market, Dubai  [8/2016]
Afghanistan: Da Afghanistan Bank, Kabul  [8/2016]
Kuwait: Kuwait stock exchange, Kuwait  [3/2016]
Qatar: Qatar stock exchange, Doha  [3/2016]
UAE: Dubai financial market, Dubai  [3/2016]
Afghanistan: Da Afghanistan Bank, Kabul  [1/2016]
Turkey: Istanbul financial centre  [12/2015]
UAE: Dubai financial market, Dubai  [5/2015]
Qatar: Qatar stock exchange, Doha  [5/2015]
Afghanistan: Da Afghanistan Bank, Kabul  [4/2015]
Morocco: Fez and Tangier financial districts  [4/2014]
Turkey: Istanbul stock exchange  [7/2013]
UAE: Dubai financial centre, Dubai  [5/2013]
Morocco: Bourse de Casablanca, Casablanca  [10/2012]
Morocco: Marrakech financial district, Marrakech  [10/2012]
Oman: Muscat securities exchange, Ruwi, Muscat  [9/2011]
UAE: Dubai financial centre, Dubai  [9/2011]
UAE: Dubai financial centre, Dubai  [12/2009]
Morocco: Bourse de Casablanca, Casablanca  [3/2008]
Egypt: EGX Egyptian exchange Cairo floor, Cairo  [2/2008]
Egypt: EGX Egyptian exchange Alexandria floor, Alexandria  [2/2008]
Tunisia: Bourse de Tunis, Tunis  [1/2008]

Coverage: Algeria, Abu Dhabi, Bahrain, Dubai, Egypt, Iraq, Jordan, Kuwait, Lebanon, Morocco, Nasdaq Dubai, Oman, Palestinian West Bank; Qatar, Saudi Arabia, Sudan, Syria, Tunisia

Data: Led acquisition of individual firm annual reports and annual financial statements from each individual national stock exchange, national regulatory agency and individual firms for:
- 1,250 listed firms for 7 years per firm (from 2010 to 2017)
- Approximately 12,500 firm-year observations

Staff

Lead researchers

Professor Bruce Hearn

Professor of Governance
Research interests
  • Corporate Governance; 
  • International Comparative Governance; 
  • Asset Pricing; 
Connect with Bruce

Collaborating research institutes, centres and groups

Research outputs

Bruce Hearn, Venancio Tauringana, Collins Ntim, John K. Malagila & Tapas Mishra, 2025, International Review of Financial Analysis, 97
Type: article
Bruce Hearn, Jing Li, Dariya Mykhayliv & Muhammad Waqas, 2021, Journal of International Financial Markets, Institutions and Money, 72
Type: article
Bruce Hearn, 2014, Journal of International Financial Markets, Institutions and Money, 31(1), 127-158
Type: article