An Empirical Analysis on The Weak-Form Efficiency of The GCC Markets Applying Selected Statistical Tests Rengasamy Elango‚ Mohammed Ibrahim Hussein This paper tests for market efficiency across the seven stock markets in the GCC (Gulf Co-operation Council) countries. The GCC countries‚ of late‚ have been striving to strengthen their capital markets by introducing various innovative changes in relation to listing‚ regulatory‚ trading and settlement norms in order to improve transparency and informational
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This paper defines the four controls according to Travis Hirschi and also describes in detail an example of each of the four controls. The four controls according to Travis Hirschi are; attachment‚ commitment‚ involvement‚ and belief. Attachment is the first element of the social bond and it refers to the individual’s level of sensitivity to the opinion of others. To the extent that individuals are emotionally attached to others‚ such as parents‚ friends‚ teachers‚ and so on. They will be concerned
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Case Summary: Four Seasons Goes to Paris? – Entering a foreign market Basic facts about Four Seasons Hotels and Resorts Four Seasons Hotels and Resorts is a Canadian international luxury hotel management company. Between 1996 and 2000 they increased revenues and margins by about 20% and 10% respectively. Their revenue per room was about 30% higher than that of their competitors. Four Seasons generally operates‚ but does not own‚ mid-sized luxury hotels and resorts. By 2002‚ they indisputably became
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Sir Francis Drake: The Queen’s Captain In 1548 arguably one of the best captains in England’s history was born. Sir Francis Drake was born to a wealthy family on the Crowndale estate of Lord Francis Russell. What started Drake’s obsession and controversial career for battle and for the sea began when he enlisted as an 18 year old eager young man ready for exploration‚ battle‚ and riches. Drake’s life really began when a peasant Roman Catholic priest accused him of Robbery and theft. These allegations
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Why people watch American Idol Music is a universal language that makes many people be attractive in different genres of song whether old classic or new goodie. These days there is a growing trend towards reality TV show because it plays an important position in people’s everyday lives. To enjoy time and also have fun‚ everyone from children‚ adult to grandfathers or grandmothers watch TV shows. Watching reality TV is an enjoyable activity during leisure. And American Idol is also one of the best
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OF STUDIES 1625 Francis Bacon Francis Bacon was one of the great English writers and philosophers of the 1600s. Bacon consumed knowledge. He studied science‚ philosophy‚ law‚ and natural history. As a writer‚ he is remembered best for his wise essays in which he reveals his personal views on a wide range of topics. In the following essay‚ Bacon describes the benefits of reading. T H I N K T H R O U G H H I S T O R Y : Comparing What comparisons does Bacon draw between studies and physical
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The Four Agreements The Four Agreements After reading The Four Agreements by Don Miguel Ruiz I realized I’ve been living dreams of other people in my life and not my own. It was decided early on what I should do‚ what’s possible and what’s not. Starting at birth we are told what to think by our parents‚ schools‚ and church. Subconsciously‚ we have made agreements with them to live our life according to their rules. Don Miguel believes that these agreements are self-limiting and shares four
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Francis Ford Coppola Early Life • Born on April 7th‚ 1939 in Detroit‚ Michigan to Carmine and Italia Coppola. • Coppola had a sick childhood as he caught a disease called polio and was paralyzed on his left side. He learned puppetry and mastered home movies since he was bedridden. • He graduated from Hofstra University with a degree in drama and then moved on to UCLA and did some graduate work in filmmaking. Francis also received an M.F.A in Film Production from the University
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against these countries. Now enters Francis Drake‚ when Francis was twelve or thirteen‚ his father Edmund Drake arranged him to apprentice under an old sea captain of a small bark‚ which is a three-masted vessel that is square rigged. The bark sailed near coasts of France‚ England‚ and the Netherlands; Drake now learned how to read currents‚ wind‚ and tides and was able to maneuver a ship
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Topic 1. A weak currency or a strong currency for the South African economy? What are the pros and cons of a weak or a strong currency in South Africa? Discuss. Table of Contents Page Number 1) Introduction……………………………………………………………………….….3 2) Benefits of a weak Rend in South Africa………………………………………....3 3) Shortcomings of a weak rand in South Africa……………………………….…...4 4) The Pros of a strong rand in South Africa……………………………………
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