{"id":"https://openalex.org/W4367676731","doi":"https://doi.org/10.1108/ijoem-03-2022-0480","title":"Are political connections a curse for banks of the MENA region? The moderating effect of ownership structure","display_name":"Are political connections a curse for banks of the MENA region? The moderating effect of ownership structure","publication_year":2023,"publication_date":"2023-05-02","ids":{"openalex":"https://openalex.org/W4367676731","doi":"https://doi.org/10.1108/ijoem-03-2022-0480"},"language":"en","primary_location":{"id":"doi:10.1108/ijoem-03-2022-0480","doi":"https://doi.org/10.1108/ijoem-03-2022-0480","is_oa":false,"landing_page_url":"https://doi.org/10.1108/ijoem-03-2022-0480","pdf_url":null,"source":{"id":"https://openalex.org/S116345831","display_name":"International Journal of Emerging Markets","issn_l":"1746-8809","issn":["1746-8809","1746-8817"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Emerging Markets","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5064226324","display_name":"Imen Khanchel","orcid":"https://orcid.org/0000-0002-7762-9961","observed_orcids":["https://orcid.org/0000-0002-7762-9961"]},"institutions":[{"id":"https://openalex.org/I83259278","display_name":"Manouba University","ror":"https://ror.org/0503ejf32","country_code":"TN","type":"education","lineage":["https://openalex.org/I83259278"]}],"countries":["TN"],"is_corresponding":false,"raw_author_name":"Imen Khanchel","raw_affiliation_strings":["Higher School of Commerce of Tunis, University of Manouba, Manouba, Tunisia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Higher School of Commerce of Tunis, University of Manouba, Manouba, Tunisia","institution_ids":["https://openalex.org/I83259278"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5021333432","display_name":"Naima Lassoued","orcid":"https://orcid.org/0000-0002-3532-5628","observed_orcids":["https://orcid.org/0000-0002-3532-5628"]},"institutions":[{"id":"https://openalex.org/I83259278","display_name":"Manouba University","ror":"https://ror.org/0503ejf32","country_code":"TN","type":"education","lineage":["https://openalex.org/I83259278"]}],"countries":["TN"],"is_corresponding":false,"raw_author_name":"Naima Lassoued","raw_affiliation_strings":["Higher School of Commerce of Tunis, University of Manouba, Manouba, Tunisia"],"raw_orcid":"https://orcid.org/0000-0002-3532-5628","affiliations":[{"raw_affiliation_string":"Higher School of Commerce of Tunis, University of Manouba, Manouba, Tunisia","institution_ids":["https://openalex.org/I83259278"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5080569456","display_name":"Oummema Ferchichi","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I179097149","display_name":"University of Carthage","ror":"https://ror.org/057x6za15","country_code":"TN","type":"education","lineage":["https://openalex.org/I179097149"]},{"id":"https://openalex.org/I4210110695","display_name":"Universit\u00e9 Tunis Carthage","ror":"https://ror.org/01xf5pq20","country_code":"TN","type":"education","lineage":["https://openalex.org/I4210110695"]}],"countries":["TN"],"is_corresponding":false,"raw_author_name":"Oummema Ferchichi","raw_affiliation_strings":["Higher Commercial Studies of Carthage, Carthage University, Tunis, Tunisia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Higher Commercial Studies of Carthage, Carthage University, Tunis, Tunisia","institution_ids":["https://openalex.org/I179097149","https://openalex.org/I4210110695"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":5.6066,"has_fulltext":false,"cited_by_count":26,"citation_normalized_percentile":{"value":0.95395292,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":97,"max":99},"biblio":{"volume":"20","issue":"1","first_page":"387","last_page":"406"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12225","display_name":"Political Influence and Corporate Strategies","score":0.9955999851226807,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12225","display_name":"Political Influence and Corporate Strategies","score":0.9955999851226807,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.0019000000320374966,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11042","display_name":"Corruption and Economic Development","score":0.0006000000284984708,"subfield":{"id":"https://openalex.org/subfields/3312","display_name":"Sociology and Political Science"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/political-connections","display_name":"political connections","score":1.0},{"id":"https://openalex.org/keywords/bank-performance","display_name":"bank performance","score":0.9909999966621399},{"id":"https://openalex.org/keywords/ownership-structure","display_name":"ownership structure","score":0.9800000190734863},{"id":"https://openalex.org/keywords/family-ownership","display_name":"family ownership","score":0.8939999938011169},{"id":"https://openalex.org/keywords/institutional-ownership","display_name":"institutional ownership","score":0.9279999732971191},{"id":"https://openalex.org/keywords/state-ownership","display_name":"state ownership","score":0.9980000257492065},{"id":"https://openalex.org/keywords/moderating-effect","display_name":"moderating effect","score":0.7250000238418579},{"id":"https://openalex.org/keywords/mena-banks","display_name":"MENA banks","score":0.7820000052452087},{"id":"https://openalex.org/keywords/authoritarian-regimes","display_name":"authoritarian regimes","score":0.7829999923706055},{"id":"https://openalex.org/keywords/hybrid-regimes","display_name":"hybrid regimes","score":0.8489999771118164},{"id":"https://openalex.org/keywords/islamic-banking","display_name":"Islamic banking","score":0.8889999985694885},{"id":"https://openalex.org/keywords/resource-dependence-theory","display_name":"resource dependence theory","score":0.7149999737739563},{"id":"https://openalex.org/keywords/agency-theory","display_name":"agency theory","score":0.8859999775886536},{"id":"https://openalex.org/keywords/institutional-investors","display_name":"institutional investors","score":0.37299999594688416}],"concepts":[{"id":"https://openalex.org/C120757647","wikidata":"https://www.wikidata.org/wiki/Q381136","display_name":"Shareholder","level":3,"score":0.7026830911636353},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.6860167980194092},{"id":"https://openalex.org/C2777506082","wikidata":"https://www.wikidata.org/wiki/Q2396633","display_name":"State ownership","level":3,"score":0.5922200679779053},{"id":"https://openalex.org/C200707436","wikidata":"https://www.wikidata.org/wiki/Q1053211","display_name":"Principal\u2013agent problem","level":3,"score":0.5231986045837402},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.5093935132026672},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.48378440737724304},{"id":"https://openalex.org/C2778833592","wikidata":"https://www.wikidata.org/wiki/Q7210259","display_name":"Political capital","level":3,"score":0.4684351086616516},{"id":"https://openalex.org/C2780761599","wikidata":"https://www.wikidata.org/wiki/Q72596","display_name":"Resource curse","level":3,"score":0.457328200340271},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.45507800579071045},{"id":"https://openalex.org/C36673458","wikidata":"https://www.wikidata.org/wiki/Q392896","display_name":"Agency cost","level":4,"score":0.44775670766830444},{"id":"https://openalex.org/C68346564","wikidata":"https://www.wikidata.org/wiki/Q6229","display_name":"Authoritarianism","level":4,"score":0.4268835783004761},{"id":"https://openalex.org/C188959678","wikidata":"https://www.wikidata.org/wiki/Q2145933","display_name":"Resource dependence theory","level":2,"score":0.4130736291408539},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.40402328968048096},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.39595457911491394},{"id":"https://openalex.org/C121087249","wikidata":"https://www.wikidata.org/wiki/Q546395","display_name":"Emerging markets","level":2,"score":0.3782848119735718},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.3723507523536682},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.35906165838241577},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.24118924140930176},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.18040823936462402},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.12443041801452637},{"id":"https://openalex.org/C43617362","wikidata":"https://www.wikidata.org/wiki/Q170050","display_name":"Chromatography","level":1,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C555826173","wikidata":"https://www.wikidata.org/wiki/Q7174","display_name":"Democracy","level":3,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1108/ijoem-03-2022-0480","doi":"https://doi.org/10.1108/ijoem-03-2022-0480","is_oa":false,"landing_page_url":"https://doi.org/10.1108/ijoem-03-2022-0480","pdf_url":null,"source":{"id":"https://openalex.org/S116345831","display_name":"International Journal of Emerging Markets","issn_l":"1746-8809","issn":["1746-8809","1746-8817"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Emerging Markets","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:eme:ijoemp:ijoem-03-2022-0480","doi":null,"is_oa":false,"landing_page_url":"https://www.emerald.com/insight/content/doi/10.1108/IJOEM-03-2022-0480/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.8999999761581421,"display_name":"Peace, justice, and strong institutions","id":"https://metadata.un.org/sdg/16"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":75,"referenced_works":["https://openalex.org/W137704532","https://openalex.org/W201693630","https://openalex.org/W246897612","https://openalex.org/W1091572429","https://openalex.org/W1519788501","https://openalex.org/W1584663235","https://openalex.org/W1672862333","https://openalex.org/W1892671178","https://openalex.org/W1893570229","https://openalex.org/W1965032949","https://openalex.org/W1980906542","https://openalex.org/W1991087330","https://openalex.org/W1999393179","https://openalex.org/W2001906460","https://openalex.org/W2006885981","https://openalex.org/W2020788386","https://openalex.org/W2024317000","https://openalex.org/W2025610165","https://openalex.org/W2027982066","https://openalex.org/W2035554302","https://openalex.org/W2038907557","https://openalex.org/W2067119409","https://openalex.org/W2091069676","https://openalex.org/W2120552721","https://openalex.org/W2134199754","https://openalex.org/W2134246329","https://openalex.org/W2156338381","https://openalex.org/W2262187434","https://openalex.org/W2346654334","https://openalex.org/W2413069637","https://openalex.org/W2611161039","https://openalex.org/W2616272966","https://openalex.org/W2752617332","https://openalex.org/W2780315046","https://openalex.org/W2785158719","https://openalex.org/W2789990561","https://openalex.org/W2790630030","https://openalex.org/W2801291606","https://openalex.org/W2902655811","https://openalex.org/W2994599766","https://openalex.org/W3006680317","https://openalex.org/W3008670085","https://openalex.org/W3034936805","https://openalex.org/W3042941951","https://openalex.org/W3121235470","https://openalex.org/W3121335362","https://openalex.org/W3121403162","https://openalex.org/W3121440286","https://openalex.org/W3122540099","https://openalex.org/W3122571478","https://openalex.org/W3123200913","https://openalex.org/W3123416450","https://openalex.org/W3123562738","https://openalex.org/W3124200869","https://openalex.org/W3124498574","https://openalex.org/W3125748343","https://openalex.org/W3125933947","https://openalex.org/W3130096396","https://openalex.org/W3149349025","https://openalex.org/W3185026455","https://openalex.org/W3215187564","https://openalex.org/W4205290254","https://openalex.org/W4205658717","https://openalex.org/W4206992773","https://openalex.org/W4210509869","https://openalex.org/W4221083546","https://openalex.org/W4225885670","https://openalex.org/W4280525620","https://openalex.org/W4289536842","https://openalex.org/W4290190444","https://openalex.org/W4297283057","https://openalex.org/W4310679759","https://openalex.org/W4311262096","https://openalex.org/W4318472161","https://openalex.org/W4321611345"],"related_works":["https://openalex.org/W7202044483","https://openalex.org/W4206841647","https://openalex.org/W3214756668","https://openalex.org/W4387801391","https://openalex.org/W2766127017","https://openalex.org/W3007700638","https://openalex.org/W2135069305","https://openalex.org/W7097338443","https://openalex.org/W7100512250","https://openalex.org/W1999393179"],"abstract_inverted_index":{"Purpose":[0],"This":[1,184],"study":[2],"examines":[3],"the":[4,10,15,79,99,146,154,167,177,191,214,218,231],"effect":[5,179],"of":[6,12,38,82,138,153,156,169,180,190,193,216,233],"political":[7,59,83,103,157,181,194],"connections":[8,60,84,104,195],"on":[9,85,196,213],"performance":[11,198],"banks":[13,40,123,234],"in":[14,42,116,145,230,235],"MENA":[16,44,147],"region":[17,148],"separately":[18,78],"and":[19,25,61,66,74,105,208],"then":[20],"moderated":[21],"by":[22,199],"family,":[23],"institutional":[24,65,72,203],"state":[26,89],"ownership.":[27],"Design/methodology/approach":[28],"A":[29],"hierarchical":[30],"regression":[31],"method":[32],"was":[33],"used":[34],"for":[35],"a":[36],"sample":[37,110],"111":[39],"operating":[41,144],"10":[43],"countries":[45],"observed":[46],"from":[47,201],"2009":[48],"to":[49,112,134,150,163,175,227],"2019.":[50],"Findings":[51],"The":[52],"results":[53,131],"indicate":[54],"significant":[55],"negative":[56,80,100],"relationships":[57],"between":[58,102],"bank":[62,86,106,139,197],"performance.":[63,87,107,140],"Furthermore,":[64],"family":[67,75],"ownership":[68,90,170,220],"moderates":[69,92],"this":[70,93,236],"relationship;":[71,94],"investors":[73,226],"shareholders":[76,97],"attenuate":[77,176],"impact":[81,192],"Moreover,":[88],"positively":[91],"states":[95],"as":[96],"accentuate":[98],"relationship":[101],"Splitting":[108],"our":[109,128],"according":[111],"bank-specific":[113],"features":[114],"(banks":[115],"authoritarian":[117],"regimes":[118],"versus":[119,124],"hybrid":[120],"regimes,":[121],"Islamic":[122],"conventional":[125],"banks)":[126],"confirms":[127],"findings.":[129],"Our":[130],"are":[132,222],"robust":[133],"an":[135,187],"alternative":[136],"measure":[137],"Research":[141],"limitations/implications":[142],"Banks":[143],"have":[149,162],"be":[151],"aware":[152],"consequence":[155],"connections.":[158,182],"In":[159],"addition,":[160],"they":[161,173],"take":[164,228],"into":[165],"account":[166],"role":[168],"structure":[171,221],"when":[172],"seek":[174],"harmful":[178],"Originality/value":[183],"paper":[185],"offers":[186],"in-depth":[188],"understanding":[189],"drawing":[200],"two":[202],"logics:":[204],"resource":[205],"dependence":[206],"logic":[207],"agency":[209],"logic.":[210],"Some":[211],"recommendations":[212],"importance":[215],"changing":[217],"existing":[219],"highlighted,":[223],"encouraging":[224],"some":[225],"part":[229],"capital":[232],"region.":[237]},"counts_by_year":[{"year":2026,"cited_by_count":9},{"year":2025,"cited_by_count":7},{"year":2024,"cited_by_count":5},{"year":2023,"cited_by_count":5}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2023-05-03T00:00:00"}