Evidence on the nature and extent of fall in oil prices on the financial performance of listed companies: a ratio analysis case study of the insurance sector in the UAE

Conference paper

Kishore, P. and Aslam, M. 2018. Evidence on the nature and extent of fall in oil prices on the financial performance of listed companies: a ratio analysis case study of the insurance sector in the UAE. 38th International Academic Conference of IISES. Prague, Czech Republic 11 - 14 Jun 2018
TypeConference paper
TitleEvidence on the nature and extent of fall in oil prices on the financial performance of listed companies: a ratio analysis case study of the insurance sector in the UAE
AuthorsKishore, P. and Aslam, M.
Abstract

The sharp decline in oil prices that started in 2014 affected most economies in the world either positively or negatively. United Arab Emirates has been striving to diversify away from oil and expects higher non-oil growth in 2018. This study involves calculations and comparisons of ratios pre and post the fall in oil prices in the insurance sector in the UAE. Parametric tests, conclude that while the change in profitability and efficiency ratios is statistically significant, the other ratios have been quite stable in the period. There has been an overall slowdown in the insurance industry yet UAE has been mostly resilient to the fall in oil prices and given the visionary leadership of its policy makers, the diversification strategy has taken effect rather quickly.

Sustainable Development Goals9 Industry, innovation and infrastructure
Middlesex University ThemeCreativity, Culture & Enterprise
Sustainability
Conference38th International Academic Conference of IISES
Publication dates
Online11 Jun 2018
Publication process dates
Deposited26 Aug 2022
Accepted11 Jun 2018
Output statusPublished
Web address (URL)https://econpapers.repec.org/paper/sekiacpro/7809821.htm
LanguageEnglish
Permalink -

https://repository.mdx.ac.uk/item/89yx6

Log in to edit

Restricted files

Publisher's version

  • 49
    total views
  • 0
    total downloads
  • 1
    views this month
  • 0
    downloads this month

Export as

Related outputs

Foreign direct investment and its relationship with financial factors: linking macro with micro perspectives
Kishore, P. 2023. Foreign direct investment and its relationship with financial factors: linking macro with micro perspectives. PhD thesis Middlesex University Business School
Gender diversity in the boardroom: case of UAE national banks
Mashood, N., Kishore, P. and Kumar, V. 2022. Gender diversity in the boardroom: case of UAE national banks. Sixth International Conference on Emerging Research Paradigms in Business and Social Sciences. Dubai, UAE 24 - 26 Feb 2022
Impact of corporate social responsibility on the performance of the banking sector: case of United Arab Emirates
Kishore, P. and Kumar, V. 2022. Impact of corporate social responsibility on the performance of the banking sector: case of United Arab Emirates. Sixth International Conference on Emerging Research Paradigms in Business and Social Sciences. Dubai, UAE 24 - 26 Feb 2022
Education and corporate collaboration – recruiting for future. Ensuring an equal playing field.
Kishore, P. 2022. Education and corporate collaboration – recruiting for future. Ensuring an equal playing field. Global Diversity Equity and Inclusion Summit. New Delhi (Virtual) 16 - 18 May 2022
Financial determinants of FDI: firm-level evidence from the economy of India
Kishore, P. 2021. Financial determinants of FDI: firm-level evidence from the economy of India. Middlesex University RSSC. London (Virtual) 24 Jun 2021
A survey on student engagement in the online mode of study – students’ perspective
Kishore, P., Kumar, V. and Fernandes, S. 2021. A survey on student engagement in the online mode of study – students’ perspective. 2nd Teaching and Learning Conference ‘New Frontiers in Higher Education Teaching and Learning: Strategy and Planning for the Digital Learning Age’. Dubai, UAE (Virtual) 16 Jun 2021
Education during COVID-19
Kishore, P. 2021. Education during COVID-19. Financial Changes in Education Budgets & University Education, ‘Education Against COVID – 19’, Under the patronage and the presence of His Excellency Dr. Mohammed Abdul Wahed Al Hammadi, The Minister of Education and Higher Education and Qatar Association. Qatar (Virtual) 30 May 2021
Building a resilient education system for continued and sustainable student engagement #AccountingMondays
Kishore, P., Aslam, M., Kumar, V. and Puthiya, R. 2021. Building a resilient education system for continued and sustainable student engagement #AccountingMondays. 2nd Teaching and Learning Conference ‘New Frontiers in Higher Education Teaching and Learning: Strategy and Planning for the Digital Learning Age’. Dubai, UAE 16 Jun 2021
Examining the resilience of UAE to decline in oil prices - the case of the insurance sector
Kishore, P. and Aslam, M. 2021. Examining the resilience of UAE to decline in oil prices - the case of the insurance sector. International Journal of Sustainable Society. 13 (4), pp. 317-336. https://doi.org/10.1504/IJSSOC.2021.121616
Examining the linkage between class attendance at university and academic performance in an international branch campus setting
Karnik, A., Kishore, P. and Meraj, M. 2020. Examining the linkage between class attendance at university and academic performance in an international branch campus setting. Research in Comparative and International Education. 15 (4), pp. 371-390. https://doi.org/10.1177/1745499920958855
The effect of non-interest income on banks profitability in top 23 publicly listed banks in GCC region
Kishore, P. and Senanayake, A. 2020. The effect of non-interest income on banks profitability in top 23 publicly listed banks in GCC region. Fifth International Conference on Emerging Research Paradigms in Business and Social Sciences. Dubai, UAE
Macroeconomic and bank specific determinants of non-performing loans in UAE conventional bank
Kumar, V. and Kishore, P. 2019. Macroeconomic and bank specific determinants of non-performing loans in UAE conventional bank. Journal of Banking and Finance Management. 2 (1), pp. 1-12.
Innovative teaching practice in Business School, Middlesex University Dubai
Kishore, P., Kumar, V. and Satapathy, S. 2019. Innovative teaching practice in Business School, Middlesex University Dubai. First Teaching and Learning Conference ‘Enhancing our Pedagogic Practice: Preparing Students for the Changing World of Tomorrow’. Dubai, UAE 06 Sep 2019
Economic, regulatory and institutional determinants of FDI, an empirical analysis
Kishore, P. 2018. Economic, regulatory and institutional determinants of FDI, an empirical analysis. Middlesex University RSSC. London, UK 04 Sep 2018
Economic and institutional determinants of FDI
Kishore, P. and Karnik, A. 2018. Economic and institutional determinants of FDI. Fourth International Conference on Emerging Research Paradigms in Business and Social Sciences (ERPBSS-2018). Dubai, UAE 16 - 18 Jan 2018
Determinants of non-performing loans: Evidence from UAE conventional banks
Kumar, V. and Kishore, P. 2018. Determinants of non-performing loans: Evidence from UAE conventional banks. Fourth International Conference on Emerging Research Paradigms in Business and Social Sciences (ERPBSS-2018). Dubai, UAE 16 - 18 Jan 2018
The impact of fall in oil prices in the UAE, analysis of the insurance sector
Kishore, P. and Aslam, M. 2018. The impact of fall in oil prices in the UAE, analysis of the insurance sector. Fourth International Conference on Emerging Research Paradigms in Business and Social Sciences (ERPBSS-2018). Dubai, UAE 16 - 18 Jan 2018
Does competition enhance the learning process?
Kishore, P. 2017. Does competition enhance the learning process? Edarabia.
Internal determinants of return on equity: case of the UAE commercial banks
Sayani, H., Kishore, P. and Kumar, V. 2017. Internal determinants of return on equity: case of the UAE commercial banks. Banking and Finance Review. 19 (1), pp. 47-74.
Determinants of FDI in the GCC countries: an empirical analysis
Kishore, P. 2017. Determinants of FDI in the GCC countries: an empirical analysis. Middlesex University Research Students' Summer Conference. London (Virtual) 2017
Absenteeism and performance in a quantitative module A quantile regression analysis
Pani, P. and Kishore, P. 2016. Absenteeism and performance in a quantitative module A quantile regression analysis. Journal of Applied Research in Higher Education. 8 (3), pp. 376-389. https://doi.org/10.1108/JARHE-05-2014-0054
Examining the linkage between class attendance and academic performance
Karnik, A., Kishore, P. and Meraj, M. 2015. Examining the linkage between class attendance and academic performance. ERPBSS 2015: Third International Conference on Emerging Research Paradigms in Business and Social Sciences. Dubai, UAE 24 - 26 Nov 2015 pp. 470-475
Causal impact of absenteeism
Kishore, P. and Pani, P. 2011. Causal impact of absenteeism. First International Conference on Emerging Research Paradigms in Business and Social Sciences. Dubai, UAE 22 - 26 Nov 2011