Research colloquium presentations at UNB Saint John

Two presentations are scheduled for a research colloquium on Friday, Feb. 24:

Session 1 (10:30 - 11:15 am)

Oil Price Plunge: Are Conventional and Islamic Banks Equally Vulnerable?

Presenter: Dr. Osama El-Temtamy, CPA, CA (Ontario), CPA (Illinois), CIA, CISA, CIPA, Assistant Professor of Accounting, Faculty of Business Administration, University of New Brunswick Saint John.

In response to the recent debate on the potential vulnerability of the banking industry to recent prolonged oil price plunge, we investigate the effect of oil price plunge on credit and insolvency risks of the banking industry in the Gulf Cooperation Council (GCC) over a period from 2000 to 2014 with a particular focus on Islamic and conventional banks due to their different risk characteristics. Our findings show that falling oil prices significantly increase the credit risk for the overall banking industry in the GCC region and specifically for banks operating in Kuwait and UAE.

However, the results become insignificant and remain invariable across different bank categories, (conventional, Islamic, and Islamic window only), even using different proxies. Our insolvency risk analysis does not provide any convincing evidence to support the hypothesis that oil price plunge increases the insolvency risk of the banking industry in the GCC region. Our findings based on recent time period offer some insights to the various stake holders in banking industry as well as regulators in the gulf region in terms of credit risk vulnerability and absence of insolvency risk.

Session 2 (11:25 am - 12:10 pm)

Rural Tourism: the case of the reluctant community

Presenter: Dr. Robert Keith Dewar, Professor, Hospitality and Tourism, Faculty of Business Administration, University of New Brunswick Saint John.

Rural areas struggle with falling populations, poor economic growth, and a backward “aggie” image. Hólar Iceland is fortunate to have a wide variety of tourist attractions that would be the envy of most rural areas. Yet as tourism numbers and profits rise exponential in Iceland as a whole; the numbers visiting Hólar and subsequent profits have remained stagnate for the past 10 years. This investigation was requested to try to understand reasons for the disappointing visitation and lack of much needed income.

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A light lunch will be served during the presentations.

Join us on Friday, Feb. 24 in Oland Hall, room 120 from 10:30 am - 12:30 pm. All are welcome to attend.

If you are not in the Faculty of Business or library, please RSVP by email to Ms. Patricia Chisholm. If you will need a parking pass, please include a request in your RSVP.