SOB Professor Akash Dania
School of Business Professor Akash Dania’s manuscript selected for the prestigious Academy of International Business annual meeting
School of Business Professor Akash Dania’s manuscript “Volatility Transmission from Mature to Middle East and North African Stock Markets” has been accepted for the annual meeting of the Academy of International Business (AIB) that will be held in Washington D.C in June 2012.
“The objective of this research was to model the dynamics of volatility transmission from mature global stock markets of France, Germany, UK and the US to MENA (Middle East and North African) markets of Bahrain, Egypt, Jordan, Kuwait, Lebanon, Morocco, Oman, Qatar, Tunisia, and the United Arab Emirates,” stated Dr. Dania. “Results suggest a varying level of volatility spillover and leverage effect from global stock markets to MENA stock markets. This varying response to global stock market shocks reveals that MENA stock markets are not yet fully integrated with global economy, indicating a potential for diversification.”
This paper is co-authored by Dr. John E. Spillan, University of North Carolina at Pembroke.
The AIB is the leading association of scholars and specialists in the field of international business. Manuscripts for AIB conference are submitted by researchers and scholars globally and acceptance of papers for its annual meeting remains highly competitive.