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The purpose of this paper is to examine the current state of the knowledge-based economy in two distinctive case studies in the Arab World: Qatar and Lebanon. Based on five aspects of the knowledge-based economy namely: ICT, human capital and education; innovation, entrepreneurship, and economic and institutional regime, we provide a careful view of the obstacles and challenges that Qatar and Lebanon are facing and how this is hindering their transformation to a knowledge-based economy.

The methodology of this research is based on a literature review and information collected through semi-structured interviews with the different stakeholders of the knowledge-based economy in Qatar and Lebanon.

The research reveals that numerous factors shape the knowledge-based economy in Qatar and Lebanon. In Qatar, the main strength of the knowledge-based economy is the determination of the Qatari government to diversify the economy and the main weaknesses are the shortage of qualified human resources, the fear of failure and the low performance of the innovation system. In Lebanon, the knowledge-based economy is driven by the education system and the entrepreneurship culture, nevertheless the political instability of the country and the weak ICT infrastructure impede its development.

These findings contribute to the clarification and critical analysis of the current state of the knowledge-based economy in Qatar and Lebanon, which would have several policy implications.

Although many Lebanese small and medium-sized enterprises (SMEs) express concern about social and environmental issues and report intentions to engage in pro-environmental activities, other enterprises still resist to embed a culture of social responsibility. After the analysis of major scholarship in the field, this paper defines corporate social responsibility (CSR) culture and provides an overview of the contemporary debate on it.

Through exploratory study, this paper identifies reasons why Lebanese SMEs do not embody CSR into their culture. The empirical data were gathered through 18 in-depth interviews with questions based on the main research questions.

Findings reveal that resistance to change is one of the main drivers of resistance to CSR. Collective and organizational culture can source this resistance to CSR.

This paper contributes to filling the gap in the literature in relation to CSR in small-medium firms and in particular Lebanese SMEs.

Traditionally, telecommunications was one of the economic sectors with the highest level of state ownership and activity. However, overwhelming pressures for change in this field have rendered old institutional arrangements and practices increasingly obsolete. As such, various countries have opted for a mix of policies including institutional restructuring, liberalization, and privatization. In Lebanon, since the end of the civil war in 1990, the government has been trying to restructure and modernize its telecommunications sector. The goal of the government was not simply to fix what was damaged by the war but rather to restructure and reform the telecommunications landscape, allowing the country to leapfrog into the twenty‐first century and the information age. This paper assesses the Lebanese post‐war experience with telecom reform. An overview of global trends in telecom reform is first presented. The performance of the Lebanese telecom sector is then examined and the main reform constraints identified. A comparative assessment against international benchmarks is also conducted. Finally, conclusions and recommendations for improving this sector’s performance are outlined.

Lebanon has faced one of the most severe financial and economic crises since the end of 2019. The practices of the Lebanese banks are blamed for dangerously exposing economic agents and precipitating the current financial collapse. This paper examines the patterns of manipulation of the 10 biggest banks before and after implementing the financial engineering mechanism.

The authors apply Benford law for the first and second positions of the reports of condition and income and four out of the six aspects of the CAMELS rating system (Capital Adequacy, Assets Quality, Management expertise, Earnings Strength, Liquidity and Sensitivity to the market) by excluding Management and Sensitivity. The deviations from BL frequencies are tested using Z-statistic and Chi-square tests.

Banks seem to have manipulated their Capital Adequacy, Liquidity and Assets Quality in the pre-financial engineering and considerably in the post-financial engineering periods. Fraudulent manipulations in the banking sector can distort depositors, shareholders and regulating authorities.

This study has many implications for governmental authorities, commercial banks, depositors, businesses, accounting and auditing firms, and policymakers. The Lebanese government needs to implement corrective fiscal and monetary policies and apply amendments to the bank secrecy and capital control law. The central bank should revamp its organizational structure, improve its disclosure practices and significantly reduce its ties to the government and the political elite.

The study findings suggest that the central bank should revamp its organizational structure, improve its disclosure practices and significantly reduce its ties to the government and the political elite.

The study is the first to examine the patterns of fraudulent manipulation in the Lebanese banking industry using Benford Law (BL).

The purpose of this paper is to attempt to identify the type and quality of social information disclosed by Lebanese commercial banks and to report on the extent of these disclosures and their relationship with size, financial performance, and other chosen variables.

Deductive in nature, this paper uses content analysis of annual report social disclosures of 24 Lebanese commercial banks to test six hypotheses related to the nature of social disclosures and their association with selected variables.

The findings provide evidence of the widespread use of this phenomenon by these banks as a means to communicate with their stakeholders. Moreover, results reveal that these banks attribute a greater importance to human resource and product and customers disclosures, whereas the availability and extent of environmental disclosure is still weak. In addition, a strong association is found between these disclosures and size and financial performance variables, whereas the relationship with the bank age is found to be a weak one. Finally, findings suggest no difference in social disclosure behavior between listed banks and banks with an overseas presence, and non‐listed banks and those operating only in Lebanon.

Further longitudinal and causal analyzes would shed more light on the importance and determinants of this phenomenon in small and developing economies. One obstacle to overcome in this endeavor is the non‐availability of social and environmental databases similar to the ones used by researchers in developed countries. On the research front, this paper adds to the relatively small number of studies addressing issues related to corporate social disclosure practices by banks.

At the practical level, the paper attempts to inform corporate social responsibility (CSR) policies and practices of Lebanese banks which would result in more socially and ethically oriented banking activities in Lebanon.

Studies of CSR have generally been conducted in relatively large economies with active financial and stock markets. This paper tests and applies relevant accounting theories to a developing small economy and shows that even small family‐owned banks with high public visibility can exhibit strong social and ethical awareness.

The purpose of this study is to analyze the Lebanese anti-money laundering (AML) paradigm in light of banking secrecy law. The phenomenon of money laundering that was first associated with the crime of drug trafficking developed a lot since the early 1900s to become a major threat to the world’s economy today. The fight against this ever-growing crime, with multiple sources and origins, has been the centre of attention of the biggest countries in the world. Thus, the need for international AML standards was required, by which countries must abide, to ensure an effective fight against this crime. The issue of banking secrecy regulations was important to study along with the AML framework as the principles of the first totally contradict those of the latter.

The scope of this study first entails a qualitative technique. It will start with analysing existing legal provisions on money laundering and studying the AML framework internationally and in accordance with the Lebanese banking system. For that, websites such as GoogleScholar and HeinOnline were used to collect many scholars articles. Additionally, Laws, Regulations and Directives have been examined for the purpose of establishing the legal basis for the fight against money laundering. Moreover, an interview was conducted in 2018 with the Lebanese Financial Prosecutor, which served as data related to the operations of the Special Investigation Commission (SIC) in Lebanon, which is the Lebanese Financial Intelligence Unit. Second, quantitative research has been done. Reports of the Association of Banks in Lebanon, Financial Action Task Force Report and Annual Reports of the SIC of Lebanon have been used to gather information related to the AML/combating the financing of terrorism framework, such as customer due to diligence provisions and know-your-customer requirements and to collect statistics of suspicious reports.

The question of “How to balance the confidentiality of the Lebanese banking sector with the interest of the international community in the fight against money laundering?” was interesting to study, as it turned out that the existence of such professional secrecy does not affect the effective implementation of the AML guidelines by banks and other financial institutions. This can only happen when there is a special judicial organ to which banking secrecy is not opposable at any time, and which is the sole organ entrusted with lifting off this professional secrecy and allowing the disclosure of information to the competent authorities. Thus, the Lebanese banking system can ensure total compliance with the AML framework while still adopting banking secrecy regulations.

The choice of Lebanon was compelling because of the special level of protection its banking secrecy law offers.

This chapter is a hybrid of entrepreneurship and international business. While conceptualising Foreign Direct Investment (FDI), together with theory and practice for development, the study looks at the role migrant entrepreneurs can play in the process, i.e. Africa. The study focuses on one group of Entrepreneurs (the Lebanese) who migrated and established successful business communities in Nigeria. Common qualities between the Lebanese and Nigerian entrepreneurs are compared and contrasted considering the adaptive ability of the Lebanese in the presence of constraints. The Host country is encouraged to create an enabling environment for both domestic and foreign investors.

The purpose of this paper is to profile the characteristics, attributes and growth orientations of Lebanese entrepreneurs, including the relationships, roles, and contributions that family and culture make and play in the development of private small and medium‐sized enterprises.

Drawing on a sample of 112 entrepreneurs, psychographic motives, demographic attributes, and business activities are revealed. A series of 112 in‐depth personal interviews was conducted over a 12 month period between May 2006 and 2007. The entrepreneurial profile questionnaire (EPQ) was utilized as a data collection instrument. The EPQ was designed to survey the effect of individual, societal, and environmental factors on entrepreneurship and family business development by collecting a combination of demographic information and extensive detail related to characteristics and orientations.

The findings suggest that entrepreneurs are motivated by the need for independence and flexibility. Entrepreneurs were found to rely heavily on family member participation to establish, develop, and grow their enterprises. The majority of the entrepreneurs surveyed employ at least one family member on a full‐time basis. Entrepreneurs were also found to use family finances as the primary source of start‐up capital. Family participation in the form of employment and investment was found to have a positive impact on entrepreneurial growth intentions and expansion plans.

The paper offers insights into family contributions to entrepreneurial development in Lebanon.

The purpose of this paper is to explore the contrasting views of banks and banking authorities in Lebanon regarding the corporate governance (CG) and corporate social responsibility (CSR) nexus.

Using survey responses collected from the managers of five Lebanese banks and banking authorities, the authors conduct a qualitative comparative study of the opinions on CG, CSR and CG–CSR nexus.

The findings of this paper reveal that while a CG culture is well-instituted by the authorities and that some forms of CSR are already practiced by banks, disagreements exist between the Lebanese banks and banking authorities in defining the CG–CSR nexus. While CG is viewed as an all-encompassing concept by the banking authorities, most banks ascribe to the paradigm that CG is component of CSR.

The sample of this paper consists of large banks that have clear CG and CSR agendas. The results, therefore, cannot be generalized for the wider population of Lebanese companies that are characterized by family ownership and non-separation of ownership and control.

This paper informs both managers and policymakers on the differing views of the CSR–CG nexus while also contributing to informing the policy dialogue. Theoretically, this paper sheds light on the CG–CSR nexus in a developing country context.

There is a paucity of research on the CG–CSR nexus in the context of developing countries and for the banking sector in specific. This paper aims to address the gap in the literature by providing an in-depth qualitative examination of the CG, CSR and the CG–CSR nexus in the context of the Lebanese banking sector.

This study aims to investigate the World Bank achievements in reinforcing Middle Eastern economies in the light of the Syrian refugees’ crisis. It aims to analyze the influence of the World Bank activities in sustaining and developing a key Lebanese sector under pressure, namely, education.

Face-to-face, semi-structured interviews were conducted, followed by thematic analysis of gathered data. The study participants included senior Lebanese World Bank professionals and education experts, who once held major leadership roles in the World Bank.

Data analysis revealed major contributions in human development, substantial governmental support and controlling damaging consequences of the Syrian crisis, which helped in supporting economic stabilization and prevented education sector from collapsing.

The desire of evaluating the World Bank activities in the education sector will help in understanding the World Bank’s role in the development process of the education sector and the associated local government support. In addition, the study seeks to assess governmental performance in adapting the required changes to achieve development and revealing strategies used for refugee crisis. Due to a shortage of relevant studies, this study seeks to fill the associated gap with implications and recommendations guiding educational development in the Middle East, in addition to operational recommendations and indications for further studies in the field.