A review of the contextual factors associated with the North African business environment: descriptive historical study

Alnaas, Ali Abdullah and James, Kieran and Scott, Albert H. S. (2013) A review of the contextual factors associated with the North African business environment: descriptive historical study. African Journal of Accounting, Auditing and Finance, 2 (1). pp. 9-26. ISSN 2046-8083

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This study compares the contextual factors (culture, political, legal, economic system, and stock exchanges) in three North Africa countries (Egypt, Morocco, and Tunisia). The contextual factors of these countries are very similar being Islamic culture and French law. These countries have similarities in their recent histories. They were occupied by European countries which resulted in English and French languages being spoken in this region. Dictatorial governments (regardless of the types of governments – socialist or otherwise) have also controlled these countries for considerable periods of time since independence. In line with international society, an openness policy has been adopted and many reforms have been made in the stock exchange of these countries. However, much work remains to be done. Although contextual factors are similar, each country is in a slightly different place today in regards economic and capital markets' development. Policy-makers can learn from the experiences of these three NA countries as the obstacles and backgrounds of these three countries are similar. This is the first accounting paper of which we are aware that studies these three NA countries.

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Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Additional Information: Copyright © 2013 Inderscience Enterprises Ltd. Published version deposited in accordance with the copyright policy of the publisher. Publisher copyright and source must be acknowledged.
Faculty / Department / School: Current - Faculty of Business, Education, Law and Arts - School of Commerce
Date Deposited: 11 Jun 2014 02:04
Last Modified: 16 Jun 2014 02:38
Uncontrolled Keywords: accounting reforms; capital market; culture; economic system; Egypt; legal system; Morocco; North Africa; political system; Tunisia
Fields of Research : 21 History and Archaeology > 2103 Historical Studies > 210310 Middle Eastern and African History
18 Law and Legal Studies > 1801 Law > 180120 Legal Institutions (incl. Courts and Justice Systems)
15 Commerce, Management, Tourism and Services > 1501 Accounting, Auditing and Accountability > 150104 International Accounting
Socio-Economic Objective: E Expanding Knowledge > 97 Expanding Knowledge > 970114 Expanding Knowledge in Economics
URI: http://eprints.usq.edu.au/id/eprint/25151

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