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Money Management by Practitioners: A Saudi Arabian View

Author

Listed:
  • Ibrahim Alramady
  • Augustine C. Arize
  • Krishna M. Kasibhatla
  • John Malindretos
  • Moschos Scoullis

Abstract

This paper examines the practitioners of money management in Saudi Arabia about their fundamental and technical analysis and its indicators and how it contributes to improving their investment decisions. Additionally, this paper testes the effects of industry forces, such as demographics and psychographics, on stocks choosing process. Moreover, money managers are asked about the method they use to deal with the discount rate, cost of equity, to discount cash flows to present values through CAPM/APT models. Also, this papers examines the practitioners of money management in Saudi Arabia about an indicator called purity, which is an indicator used in countries that proponents and support Shariah-compliant commerce, such as Saudi Arabia.

Suggested Citation

  • Ibrahim Alramady & Augustine C. Arize & Krishna M. Kasibhatla & John Malindretos & Moschos Scoullis, 2016. "Money Management by Practitioners: A Saudi Arabian View," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 8(9), pages 181-198, September.
    • Handle: RePEc:ibn:ijefaa:v:8:y:2016:i:9:p:181-198
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    References listed on IDEAS

    as
    1. Stephen A. Ross, 2013. "The Arbitrage Theory of Capital Asset Pricing," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 1, pages 11-30, World Scientific Publishing Co. Pte. Ltd..
    2. Eugene F. Fama & Kenneth R. French, 2004. "The Capital Asset Pricing Model: Theory and Evidence," Journal of Economic Perspectives, American Economic Association, vol. 18(3), pages 25-46, Summer.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Saudi Arabia; portfolio management techniques; fundamental analysis; technical analysis; economic indicators; purity; sharia-compliant commerce; Tadawul; capital market authority of Saudi Arabia;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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