SUAD Institutional Repository
by SUAD Library
Your reference for the Sorbonne University Abu Dhabi research output and research impact
Research outputs
663
Disciplines
9
Researchers
95
Recent Additions
- PublicationRegulation of Green Finance: A Need or a burden(2022)The current climate change and environmental degradation pushed many countries to commit to reducing their carbon emissions and embracing a sustainable green economy. Admitting that finance is a powerful tool for shaping a healthy sustainable economy, governments, regulators, and central banks initiated financial system adjustments (some of them are major reforms) to support the transition to a green economy. These adjustments introduced new concepts to financial regulation in order to support the implementation of green finance and avoid market distortion or tax evasion. On the other hand, companies, banks and financial markets are self-aware and selfcommitted to environmental issues and they are already leading the development of green finance without the need for of legislative or regulatory intervention. However, can we trust them in their commitment towards green finance? This thesis helps in clarifying the nexus between financial regulation and maintaining a green sustainable economy. In its first part, this thesis clarifies the literature on green finance. The second part assesses the evolution of the regulatory and legislative frameworks of green finance mainly in European Union. The conclusion aims to respond to the question of whether the evolution of green finance regulation represent a support or a burden to achieving a green sustainable economy, or it is still too early to decide especially after the Ukrainian war.
- PublicationInvestigating the User Perception of Digital Currency’s Economic and Legal aspects and its Impact on their Intention to Use(2022)Based on the unprecedented changes in the financial industry led by innovative digital payment solutions, there have been numerous fraudulent cases surrounding cryptocurrencies and assets where investors have lost millions. In the face of such a crisis, the central bank of developing and developed economies has stepped up to launch digital currency protected through their regulatory framework for safe payment options. The extensive research around central bank digital currencies (CBDCs) has covered most economies from the western and Asian regions. However, the lack of research in the Middle East laid the ground for the current research to investigate the user perception and intention to use CBDC based on its economic and legal aspects. The study focuses on UAE and concludes that factors like safety and security (legal characteristics), inflation and transaction cost (economic aspects) are significant in creating a positive user perception. Hence the central bank of UAE should take into consideration such factors while devising the policy framework for digital currencies.
- PublicationImpact of Digital Banks on Conventional Banks in the UAE(2022)The rise of challenger banks and fintechs have threatened the longevity of conventional, incumbent banks in the UAE. As consumers rapidly adopted digital products and services during the COVID-19 pandemic, a new era of disruption began in the banking sector, marked by the ever-changing capabilities of technology and the increased demands of the consumer. In the wake of the pandemic and wave of disruption, conventional banks must reevaluate their priorities and offerings. Academic literature indicates that the buy vs build paradigm, talent scarcity, role of regulatory authorities, and organizational structure are key variables to be addressed when transitioning to become digitally relevant and resilient. This research employs qualitative methods in determining the sentiments of bank leadership as well as the current strategic directions of the leading 10 conventional banks in the UAE attempting to compete with digital challengers. Results indicate that larger banks are able to withstand the competition for now; however, none of the sampled banks are actively enacting complete organizational structure changes. Though conventional banks are surviving in an immediate, post-pandemic landscape, their failure to address organizational structure changes away from complex hierarchies and product-oriented processes will likely diminish their survivability among digital banking competitors in the long term.
- PublicationImpact of Covid-19 on Profitability of Banks in UAE and France: Trends, Issues and Determinants(2022)The Covid-19 pandemic had a major impact on the profitability of banking industry and has resulted in the decline of many economic activities across the globe. This research paper attempts to examine the impact of the pandemic on the profitability of the banks within the UAE and France. The lack of research in this area spurs curiosity and begs for further investigation to understand the extent of the possible impact on banks’ profitability. A comparative assessment of profitability model has been examined to explain the cross-section of banks profitability in relation to the bank specific variables. Panel data models such as fixed effect model and Random effect model have been used to observe the bank specific effect. `The results shows that bank specific factors including total assets, loan loss provision, non-interest income, capital ratio, efficiency ratio have an impact on profitability indicators of banks in UAE and France. Impact of pandemic on bank profitability is higher in France compared to UAE suggesting that Banks in UAE are more resilient in managing external economic shocks.