{"id":"https://openalex.org/W4416627751","doi":"https://doi.org/10.64753/jcasc.v10i2.1991","title":"An Economic and Empirical Evaluation of KSE Privatization: Impacts on Boursa Kuwait Equity Trading Behavior and Market Performance","display_name":"An Economic and Empirical Evaluation of KSE Privatization: Impacts on Boursa Kuwait Equity Trading Behavior and Market Performance","publication_year":2025,"publication_date":"2025-11-25","ids":{"openalex":"https://openalex.org/W4416627751","doi":"https://doi.org/10.64753/jcasc.v10i2.1991"},"language":"en","primary_location":{"id":"doi:10.64753/jcasc.v10i2.1991","doi":"https://doi.org/10.64753/jcasc.v10i2.1991","is_oa":true,"landing_page_url":"https://doi.org/10.64753/jcasc.v10i2.1991","pdf_url":"https://jcasc.com/index.php/jcasc/article/download/1991/388","source":{"id":"https://openalex.org/S4210179557","display_name":"Journal of Cultural Analysis and Social Change","issn_l":"2589-1316","issn":["2589-1316"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core","vabb-shw"],"host_organization":"https://openalex.org/P4310320063","host_organization_name":"Lectito Journals","host_organization_lineage":["https://openalex.org/P4310320063"],"host_organization_lineage_names":["Lectito Journals"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Cultural Analysis and Social Change","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://jcasc.com/index.php/jcasc/article/download/1991/388","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5015406824","display_name":"Mohamad H. Atyeh","orcid":"https://orcid.org/0000-0003-4494-8867","observed_orcids":["https://orcid.org/0000-0003-4494-8867"]},"institutions":[{"id":"https://openalex.org/I67042835","display_name":"Australian University, Kuwait","ror":"https://ror.org/02029th93","country_code":"KW","type":"education","lineage":["https://openalex.org/I67042835"]}],"countries":["KW"],"is_corresponding":false,"raw_author_name":"Mohamad Atyeh","raw_affiliation_strings":["1 College of Business- Australian University, KUWAIT"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"1 College of Business- Australian University, KUWAIT","institution_ids":["https://openalex.org/I67042835"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5104665085","display_name":"May Khafash","orcid":"https://orcid.org/0000-0002-0246-7558","observed_orcids":["https://orcid.org/0000-0002-0246-7558"]},"institutions":[{"id":"https://openalex.org/I67042835","display_name":"Australian University, Kuwait","ror":"https://ror.org/02029th93","country_code":"KW","type":"education","lineage":["https://openalex.org/I67042835"]}],"countries":["KW"],"is_corresponding":false,"raw_author_name":"May Khafash","raw_affiliation_strings":["1 College of Business- Australian University, KUWAIT"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"1 College of Business- Australian University, KUWAIT","institution_ids":["https://openalex.org/I67042835"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I67042835"],"apc_list":null,"apc_paid":null,"fwci":1.2104,"has_fulltext":true,"cited_by_count":2,"citation_normalized_percentile":{"value":0.75981208,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":95,"max":96},"biblio":{"volume":null,"issue":null,"first_page":"2677","last_page":"2686"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.8481000065803528,"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"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.8481000065803528,"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/T14317","display_name":"Finance, Markets, and Regulation","score":0.13289999961853027,"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/T11059","display_name":"Market Dynamics and Volatility","score":0.005900000222027302,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/stock-market-reform","display_name":"stock market reform","score":0.7379999756813049},{"id":"https://openalex.org/keywords/trading-volume","display_name":"trading volume","score":0.6179999709129333},{"id":"https://openalex.org/keywords/stock-returns","display_name":"stock returns","score":0.5720000267028809},{"id":"https://openalex.org/keywords/volatility","display_name":"volatility","score":0.6140000224113464},{"id":"https://openalex.org/keywords/investor-behavior","display_name":"investor behavior","score":0.8849999904632568},{"id":"https://openalex.org/keywords/market-liquidity","display_name":"market liquidity","score":0.8169999718666077},{"id":"https://openalex.org/keywords/market-efficiency","display_name":"market efficiency","score":0.6890000104904175},{"id":"https://openalex.org/keywords/premium-market","display_name":"premium market","score":0.6589999794960022},{"id":"https://openalex.org/keywords/main-market","display_name":"Main Market","score":0.7599999904632568}],"concepts":[{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.6437000036239624},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.5813000202178955},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.517799973487854},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4794999957084656},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4505999982357025},{"id":"https://openalex.org/C51926234","wikidata":"https://www.wikidata.org/wiki/Q3312426","display_name":"Market microstructure","level":3,"score":0.42010000348091125},{"id":"https://openalex.org/C200870193","wikidata":"https://www.wikidata.org/wiki/Q11691","display_name":"Stock exchange","level":2,"score":0.37950000166893005},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.3601999878883362},{"id":"https://openalex.org/C206913280","wikidata":"https://www.wikidata.org/wiki/Q1349203","display_name":"Primary market","level":4,"score":0.35600000619888306},{"id":"https://openalex.org/C33400823","wikidata":"https://www.wikidata.org/wiki/Q1419119","display_name":"Market depth","level":4,"score":0.349700003862381},{"id":"https://openalex.org/C195534400","wikidata":"https://www.wikidata.org/wiki/Q641443","display_name":"Factor market","level":2,"score":0.34040001034736633},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.3330000042915344},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.32600000500679016},{"id":"https://openalex.org/C2985330422","wikidata":"https://www.wikidata.org/wiki/Q724931","display_name":"Market efficiency","level":2,"score":0.32190001010894775},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.29989999532699585},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.29170000553131104},{"id":"https://openalex.org/C155530773","wikidata":"https://www.wikidata.org/wiki/Q591174","display_name":"Return on equity","level":3,"score":0.29089999198913574},{"id":"https://openalex.org/C2777601474","wikidata":"https://www.wikidata.org/wiki/Q4668178","display_name":"Abnormal return","level":3,"score":0.28459998965263367},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.28360000252723694},{"id":"https://openalex.org/C155739000","wikidata":"https://www.wikidata.org/wiki/Q877707","display_name":"Market structure","level":2,"score":0.274399995803833},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.2736000120639801},{"id":"https://openalex.org/C12958728","wikidata":"https://www.wikidata.org/wiki/Q1002530","display_name":"Event study","level":3,"score":0.2727000117301941},{"id":"https://openalex.org/C2778775528","wikidata":"https://www.wikidata.org/wiki/Q5135432","display_name":"Closing (real estate)","level":2,"score":0.2689000070095062},{"id":"https://openalex.org/C179036041","wikidata":"https://www.wikidata.org/wiki/Q1901028","display_name":"Market analysis","level":2,"score":0.2615000009536743},{"id":"https://openalex.org/C120936955","wikidata":"https://www.wikidata.org/wiki/Q2155640","display_name":"Empirical research","level":2,"score":0.257999986410141},{"id":"https://openalex.org/C30455989","wikidata":"https://www.wikidata.org/wiki/Q1047494","display_name":"Domestic market","level":2,"score":0.2540000081062317}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.64753/jcasc.v10i2.1991","doi":"https://doi.org/10.64753/jcasc.v10i2.1991","is_oa":true,"landing_page_url":"https://doi.org/10.64753/jcasc.v10i2.1991","pdf_url":"https://jcasc.com/index.php/jcasc/article/download/1991/388","source":{"id":"https://openalex.org/S4210179557","display_name":"Journal of Cultural Analysis and Social Change","issn_l":"2589-1316","issn":["2589-1316"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core","vabb-shw"],"host_organization":"https://openalex.org/P4310320063","host_organization_name":"Lectito Journals","host_organization_lineage":["https://openalex.org/P4310320063"],"host_organization_lineage_names":["Lectito Journals"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Cultural Analysis and Social Change","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.64753/jcasc.v10i2.1991","doi":"https://doi.org/10.64753/jcasc.v10i2.1991","is_oa":true,"landing_page_url":"https://doi.org/10.64753/jcasc.v10i2.1991","pdf_url":"https://jcasc.com/index.php/jcasc/article/download/1991/388","source":{"id":"https://openalex.org/S4210179557","display_name":"Journal of Cultural Analysis and Social Change","issn_l":"2589-1316","issn":["2589-1316"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core","vabb-shw"],"host_organization":"https://openalex.org/P4310320063","host_organization_name":"Lectito Journals","host_organization_lineage":["https://openalex.org/P4310320063"],"host_organization_lineage_names":["Lectito Journals"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Cultural Analysis and Social Change","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4416627751.pdf","grobid_xml":"https://content.openalex.org/works/W4416627751.grobid-xml"},"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W2600548934","https://openalex.org/W1535436608","https://openalex.org/W2781744126","https://openalex.org/W2941106356","https://openalex.org/W2914136771","https://openalex.org/W4405123939","https://openalex.org/W3125320226","https://openalex.org/W2742773128","https://openalex.org/W3124660403","https://openalex.org/W7134886836"],"abstract_inverted_index":{"Boursa":[0,126,178],"Kuwait":[1,32,127],"has":[2],"gone":[3],"through":[4],"some":[5],"major":[6,82,173],"structural":[7],"changes":[8,27],"and":[9,20,53,62,75,79,101,134,153,164,184],"regulations":[10],"adjustments":[11],"designed":[12],"to":[13,70,125],"boost":[14],"market":[15,21,34,55,122,133,150,175,182],"liquidity,":[16,183],"improve":[17],"foreign":[18],"investment,":[19],"efficiency":[22],"improvement.":[23],"One":[24],"of":[25,31,46,60,116,170],"these":[26],"is":[28],"the":[29,44,65,81,90,96,102,108,114,117,120,131,135,142,167],"privatization":[30,97,109,118,143],"stock":[33,54,174],"which":[35,129],"took":[36],"place":[37],"on":[38,50,119,149,177],"April":[39,93],"2016.":[40],"This":[41],"article":[42],"examines":[43],"impact":[45,115,148,169],"such":[47,171],"a":[48,58,146,172],"reform":[49,83,176],"investor":[51,185],"behavior,":[52],"performance.":[56],"Through":[57],"combination":[59],"qualitative":[61],"quantitative":[63],"methodologies,":[64],"study":[66,88,112],"empirically":[67],"models":[68],"change":[69],"trading":[71,154],"volume,":[72],"closing":[73],"prices":[74],"volatility":[76],"patterns":[77],"before":[78],"after":[80,95],"initiatives":[84],"were":[85],"implemented.":[86],"The":[87,111,138,156],"covers":[89],"period":[91,103],"from":[92,104],"2016":[94],"until":[98,107],"May":[99],"2025":[100],"January":[105],"2010":[106],"date.":[110],"investigates":[113],"two":[121],"categories":[123],"according":[124],"classifications":[128],"are":[130],"premium":[132],"main":[136],"market.":[137],"results":[139],"indicate":[140],"that":[141],"process":[144],"had":[145],"positive":[147,168],"performance,":[151],"return":[152],"behavior.":[155,186],"findings":[157],"offer":[158],"valuable":[159],"insights":[160],"for":[161],"regulators,":[162],"investors,":[163],"policymakers,":[165],"underlining":[166],"Kuwait\u2019s":[179],"financial":[180],"outcomes,":[181]},"counts_by_year":[{"year":2026,"cited_by_count":2}],"updated_date":"2026-10-28T10:33:24.094632","created_date":"2025-11-25T00:00:00"}