Official program First MENA Meeting

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THE UNIVERSITY OF SOUSSE IN TUNISIA FIRST MIDDLE EAST NORTH AFRICA MEETING ON

Financial & Fiscal Policies, Economic Growth, and Integration in MENA Region May 5-6, 2011 – El Mouradi Palace Hotel – El Kantaoui Sousse (TUNISIA)

THE OFFICIAL PROGRAM Keynote Speakers Toni M. Whited, Michael and Diane Jones Professor of Business Administration University of Rochester, New York (USA) (Winner of the prestigious Brattle Prize for the best paper in The Journal of Finance) (Participation by Videoconference) http://toni.marginalq.com/

Hafedh Bouakez, HEC Montréal, Canada http://www.hec.ca/profs/hafedh.bouakez.html

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THURSDAY (Day 1): May 5, 2011 08:00 a.m. – 09:30 a.m.: Late registration 09:30 a.m. – 10:00 a.m.: Official opening 10:00 a.m. – 10:45: a.m.: Plenary Session 10:45 a.m. – 11:15 a.m.: Coffee break 11:15 a.m. – 12:15 a.m.: Panel Discussions on “The new context of scientific research and its contribution to economic growth in Tunisia after January 14” 12:15 a.m. – 01:45 p.m.: Lunch 01:45 p.m. – 02:30 p.m.: Videoconference: Toni M. Whited, Michael and Diane Jones Professor of Business Administration, University of Rochester, New York (USA) 02:30 p.m. – 04:30 p.m.: Parallel Workshops (1 to 4) 04:30 p.m. – 05:00 p.m.: Coffee break 05:00 p.m. – 07:00 p.m.: Parallel Workshops (5 to 8) 07:00 p.m. – 09:00 p.m.: Dinner FRIDAY (Day 2): May 6, 2011 08:30 a.m. – 09:30 a.m.: Professional Roundtable: UTICA & Association Internationale des Experts Financiers et Bancaires Tunisiens (AIEFBT) 09:30 a.m. – 11:00 a.m.: Parallel workshops (9 to 12) 11:00 a.m. – 11:30 a.m.: Coffee Break 11:30 a.m. – 01:00 p.m.: Parallel workshops (13 to 17) 01:00 p.m. – 01:30 p.m.: Official Closing 01:30 p.m. – 02:30 p.m.: Lunch à

THURSDAY (Day 1): May 5, 2011 08:00 a.m. – 09:30 a.m.: Late registration Plenary Session Room 09:30 a.m. – 10:00 a.m.: Official opening Official welcome by the Meeting’s organizers: Mohamed Ben Abdelhamid & Walid Mansour Official opening by the President of the University of Sousse 10:00 a.m. – 10:45: a.m.: Plenary Session Professor Hafedh Bouakez (HEC, University of Montréal, Canada) “Measuring the effects of fiscal policy” 10:45 a.m. – 11:15 a.m.: Coffee break 11:15 a.m. – 12:15 a.m.: Panel discussions on “The new role of scientific research and its contribution to economic growth in Tunisia after January 14”: Professor Ahmed Noureddine Helal (President of the University of Sousse), Professor Jameleddine

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Chichti (ESC Tunis, University of Manouba), Professor Mohamed Tahar Rajhi (FSEG Tunis & LIFE, University Tunis El-Manar), Professor Hafedh Bouakez (HEC Montréal, Canada), Professor Néjib Belaid (Vice-President, University of Sousse), Professor Mounir Belloumi (IHEC Sousse), Professor Kheireddine Jebsi (ISG Sousse), Professor Malek Ghénima (ESCE, University of Manouba). 12:15 a.m. – 01:45 p.m.: Lunch 01:45 p.m. – 02:30 p.m.: Videoconference Professor Toni M. Whited, Michael and Diane Jones Professor of Business Administration, University of Rochester, New York (USA) “Threshold Events and Identification: A Study of Cash Shortfalls” (Forthcoming in The Journal of Finance)

02:30 p.m. – 04:30 p.m. Parallel Workshops

WORKSHOP 1: Financial Development in MENA (ROOM 1) Chairman: Hafedh Bouakez, HEC Montréal, Canada Paper title: Does institutions quality matter for financial development and economic growth nexus? Another look at the evidence from MENA countries (ID# 078) Authors: Houssem Rachdi, FSEG Tunis, University of El Manar & Sami Mensi, ESC Tunis, University of Manouba (Tunisia) Paper title: L'impact de la Libéralisation Financière sur la Croissance économique en Algérie : Evaluation du parcours et Etude Econométrique (ID# 057) Authors: Souar Youcef, Diab Zeggai & Benzai Yassine, University of Docteur Taher Moulay, Saida (Algeria) Paper title: Transmission pattern of inflation in Mediterranean Zone (ID# 082) Author: Hammadi Sliti, ISFFS, University of Sousse (Tunisia) Paper title: Développement financier et dégradation de l’environnement dans la région MENA (ID# 035) Authors: Maher Gassab & Zied Saadaoui, ESC Tunis, University of Manouba (Tunisia)

WORKSHOP 2: Energy and Financial Markets (ROOM 2) Chairman: Ahlem Dakhlaoui, FSEG Nabeul, Tunisia Paper title : Impact des chocs de volatilité des marchés pétroliers sur la dynamique boursière : cas des secteurs industriels américains (ID# 109) Author: Ilef Ouriemei, International Finance Group Tunisia Paper title : Le rapport entre la vulnérabilité des prix de pétrole et la croissance économique dans les pays de MENA : Cas de l’Algérie (ID# 005)

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Author: H. Benzidane, University of Mostaghanem (Algeria) Paper title: Energy Intensity in the MENA region: a panel analysis (ID# 045) Authors: Ahlem Dakhlaoui & Besma Talbi, Ecole Polytechnique de Tunisie (Tunisia) Paper title : L’impact des chocs pétroliers sur la croissance de l’économie Tunisienne: Application aux secteurs d’agriculture, d’industrie et d’électricité (ID# 070) Authors: Intissar Abdellaoui & Mohamed Amine Hammas, FDSEPS - University of Sousse (Tunisia) Paper title : Impact de la hausse du prix du pétrole sur la croissance économique des États-Unis: étude de causalité (ID# 009) Author: Sahbi Farhani, FSEG Tunis, University of El Manar

WORKSHOP 3: Capital Markets and Integration (ROOM 3) Chairman: Mohamed Tahar Rajhi, FSEG Tunis & LIFE Paper title: Intégration et Volatilité des Marchés Boursiers Emergents : Le rôle des crises financières (ID# 076) Authors: Chkili Walid & Aloui Chaker, International Finance Group (Tunisia) Paper title: Performance des stratégies momentum sur le marché tunisien des actions (ID# 018) Authors: Fatma Wyème Ben Mrad Douagi & Olfa Chaouachi, FSEG Tunis, University of El Manar (Tunisia) Paper title : Intégration financière et volatilité macroéconomique : le rôle du développement financier (ID# 077) Author: Noureddine Khadraoui, FDSEPS, University of Sousse (Tunisia) Paper title: Essai sur les déterminants empiriques de développement des marchés obligataires (ID# 113) Author: Jamel Boukhatem Paper title : Intégration financière, volatilité et crises (ID# 049) Author: Makram Ben Doudou, FSEG Tunis, University of El Manar (Tunisia) Paper title: L’intégration financière internationale : modélisation multidimensionnelle (ID# 016) Author: Monaem Tarchoun

WORKSHOP 4: Economic Growth and Macroeconomics (ROOM 4) Chairman: Kheireddine Jebsi, ISG Sousse, University of Sousse Paper title : Etude de l’efficacité des sources de financement externe sur la croissance économique dans les pays de la Région de MENA (ID# 055) Authors: Manelle LAHDHIRI & Mohamed Amine HAMMAS, FDSEPS, University of Sousse (Tunisia)

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Paper title: Institutions, productivité du capital humain et croissance économique (ID# 056) Author: Hadhek Zouhaier, ISG Gabès (Tunisia) Paper title: Impact de la Flexibilité sur la Performance du Marché du Travail: Fondement Théorique et Validation Empirique (ID# 112) Author: Sameh Hadj Ali, FDSEP Sousse, University Of Sousse (Tunisia) Paper title: Croissance économique, pauvreté et inégalité dans les pays du MENA : une approche en données de panel (ID# 051) Author: Housseima Guiga, University of Monastir (Tunisia) Paper title: Financial liberalization and Crisis Effects on Economic Growth: Dynamic Panel Data and Probit Approach (ID# 097) Author: Amaria Bouzid, FSEG Tunis, University of El Manar (Tunisia)

04:30 p.m. – 05:00 p.m.: Coffee break

05:00 p.m. – 07:00 p.m. Parallel Workshops

WORKSHOP 5: Investment and Behavioral Issues (ROOM 1) Chairman: Slaheddine Hellara, ISG Tunis, University of Tunis Paper title: Heuristique de représentativité, sentiment de l’investisseur et sur-réaction aux bénéfices comptables : Le cas tunisien (ID# 058) Authors: Ezzeddine Abaoub, FSEG NABEUL & Ramzi Boussaidi, FSJEG Jendouba (Tunisia) Paper title: Risk aversion determinants’ in the context of financial investments: Tunisia vs. Europe (ID# 013) Authors: Jihène Jebeniani Gouider, ESC Tunis, University of Manouba & Mokhtar Kouki, ESSAI (Tunisia) Paper title: Investors behaviour, governance and earnings management: Under and over reaction to information (ID# 110) Author: Amira Neffati, ISG Tunis, University of Tunis (Tunisia) Paper title: Prévision des bulles financières : phénomène multidimensionnel (ID# 017) Author: Ikram Ghraieb, FSEG Mahdia, University of Monastir (Tunisia) Paper title: Month of the Year Effect: Existence and Behavioral Explanation (ID# 011) Authors: Fatma Wyème BEN MRAD DOUAGI & Olfa CHAOUACHI, FSEG Tunis, University of El Manar (Tunisia) Paper title: Attitude des investisseurs sur le marché boursier tunisien (ID# 100) Author: Hedia Mraihi, FSEG Tunis, University of El Manar (Tunisia)

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Paper title: Comportement financier des agents privés et son rôle dans les crises financières : Une application sur le secteur bancaire (ID# 101) Authors: Amira Kaddour, Hedia Tearoui, Jameleddine Chichti, ESC Tunis, University of Manouba & Jaleleddine Ben Rejeb, ISG Sousse, University of Sousse (Tunisia)

WORKSHOP 6: Exchange Rates and International Finance (ROOM 2) Chairman: Hafedh Bouakez, HEC Montréal, Canada Paper title: Nonlinear modeling of the monetary exchange rate approach of Frankel (1979): The contribution of Markov regime switching regression models with endogenous switching (ID# 072) Authors: Lotfi Kechim & Sami Rezgui, FSEG Tunis, University of El Manar (Tunisia) Paper title: Market making behaviour of FX dealers in the Tunisian FX market (ID# 069) Author: Saida Gtifa, FSEG Sfax, University of Sfax (Tunisia) Paper title: La convertibilité totale du Dinar Tunisien : Etude perceptive (ID# 043) Author: Amel Ben Youssef Paper title: Exchange Rate Pass-Through in the Euro Area: What about inflation environment? (ID# 012) Author: Nidhaleddine Ben Cheikh, University of Rennes 1 (France) Paper title: Le Rôle du volume des transactions sur le marché des changes tunisien (ID# 085) Authors: Raja Hmili & Jameleddine Chichti, ESC Tunis, University of Manouba (Tunisia) Paper title: The optimal currency composition of Tunisian public debt: the choice between internal and external debt (ID# 059) Author: Samia Omran, FSEG Sfax, University of Sfax (Tunisia)

WORKSHOP 7: Fiscal & Financial Policies and Value Creation (ROOM 3) Chairman: Néjib Belaid, Vice-President, University of Sousse Paper title: Les divergences comptabilité – fiscalité en Tunisie : quels facteurs explicatifs ? (ID# 031) Authors: Ines Bouaziz Daoud & Mohamed Ali Omri, FSEG Tunis, University of El Manar (Tunisia) Paper title: Incidences des incitations fiscales sur la performance financière des entreprises exportatrices: application sur le secteur des IME en Tunisie (ID# 015) Authors: Hedia Traoui (ESCE), Amira Kaddour (ESCE), Jameleddine Chichti (ESC Tunis), University of Manouba & Jaleleddine Ben Rejeb (ISG Tunis), University of Sousse, Tunisia Paper title: Actionnariat salarié et création de valeur actionnariale : cas des entreprises SBF 250 (ID# 111)

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Authors: Riadh Garfatta, FDSEP Sousse, University of Sousse, Mohamed Tahar Rajhi, FSEG Tunis, University of El Manar & Philippe Desbrieres, University of Bourgogne, IAEDijon Paper title: The information content in book-tax differences: how do market participants’ perceive it? Empirical evidence in Tunisian’s emerging capital Market (ID# 032) Authors: Ines Bouazizi Daoud & Mohamed Ali Omri, FSEG Tunis, University of El Manar (Tunisia) Paper title: L’Evaluation des Réformes de Politiques Publiques Fiscales au Maroc : Le regard d’une Economiste (ID# 006) Author: Latifa Karimi, Université de Bordeaux 4 (France)

WORKSHOP 8: Finance, Audit Issues & Accounting (ROOM 4) Chairman: Jameleddine Chichti, ESC Tunis, University of Manouba Paper title: La gestion du résultat par la gestion des accruals (ID# 034) Authors: Soumaya Hergli, FSEG Nabeul, University of Carthage (Tunisia) & Jean Michel Sahut, University of Geneva (Switzerland) Paper title: L’impact de la qualité des accruals sur le coût de la dette : une analyse dans le contexte Tunisien (ID# 090) Authors: Youssef Riahi & Mounira Ben Arab, ISG Tunis, University of Tunis (Tunisia) Paper title: La relation entre la fiabilité des accruals, la persistance des bénéfices et les rendements anormaux dans le contexte canadien (ID# 079) Authors: Fatma Boubakri, ESSEC Tunis & Lamia Chourou, FDSEP Sousse (Tunisia) Paper title: Disclosure frequency and earnings management: an analysis in the Tunisian context (ID# 089) Authors: Youssef Riahi & Mounira Ben Arab, ISG Tunis (Tunisia) Paper title: L’impact de la structure de propriété résiduelle du gouvernement sur la performance et la création de valeur : Cas des entreprises françaises privatisées (ID# 092) Authors: Mouna M’rad & Slaheddine Hellara, ISG Tunis, University of Tunis (Tunisia) Paper title: Fidélisation et problèmes d’agence (ID# 053) Authors: Abdessattar Ati, FSEG Sfax, University of Sfax & Theiri Saliha, ISG Sousse, University of Sousse (Tunisia) Paper title: L’évolution des relations banques-entreprises tunisiennes (ID# 068) Author: Aya Annebi Rejeb, FSEG Tunis, University of El Manar (Tunisia) Paper title: An Analysis on the Factors affecting firms' earnings management behavior (ID# 114) Authors: Kouki Mondher, FSEG Tunis, Atri Hanen, ISG Tunis & Sioud Slim, FDSEP Sousse (Tunisia)

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07:00 p.m. – 09:00 p.m.: Dinner

FRIDAY (Day 2): May 6, 2011 08:30 a.m. – 09:30 a.m.: Professional Roundtable on The New Architecture of Financial, Banking and Economic Environments in Tunisia after January 14: UTICA & Association Internationale des Experts Financiers et Bancaires Tunisiens (AIEFBT)

09:30 a.m – 11:00 a.m: Parallel workshops

WORKSHOP 9: Banking, Financial Markets, and Insurance (ROOM 1) Chairman: Jameleddine Chichti, ESC Tunis, University of Manouba Paper title: Banking Deregulation and Financial Stability: Lessons for Emerging Market Economies (ID# 003) Authors: Adnen Chockri, FSEG Sfax & Zied Akrout, ISAAS, University of Sfax (Tunisia) Paper title: Ranking sector efficiency of the MENA emerging stock markets (ID# 075) Authors: Imen Zgueb & Chaker Aloui, International finance Group (Tunisia) Paper title: Déterminants de la performance des compagnies d’assurances en Tunisie (ID# 050) Authors: Abdelkader Derbali & Amine Nafla, ISG Sousse, University of Sousse (Tunisia) Paper title: Prudential regulation and banking strategies (ID# 021) Author: Karim Haj Ayed, FSEG Tunis, University of El Manar (Tunisia) Paper title: Governance and Bank Risk-taking: A comparison analysis between commercial and cooperative French Banks (ID# 095) Authors: Mohamed Tahar RAJHI & Wiem HMADI, LIFE (Tunisia) Paper title: Les déterminants du nombre des relations bancaires : application empirique aux entreprises tunisiennes (ID# 041) Authors: Abdelaziz Hakimi, ISG Sousse & Mouldi Djelassi, ESSEC Tunis Paper title: La qualité des services bancaires électroniques et leurs conséquences (ID# 074) Author: Noureddine Boulkour, University of 20 Août 1955, Skikda (Algeria)

WORKSHOP 10: Financial Econometrics (ROOM 2) Chairman: Lotfi Belkacem, IHEC Sousse, University of Sousse Paper title: Tests d’instabilité des paramètres: Etude théorique et applications empiriques sur deux types de modèles (modèle ARMA et modèle du marché) (ID# 010) Author: Sahbi Farhani, FSEG Tunis, University of El Manar

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Paper title: Nonlinear modeling of the exchange rate dynamics: The contribution of Markov regime switching regression models with endogenous switching (ID# 040) Authors: Samir Rezgui & Lotfi Kechim, FSEG Tunis (Tunisia) Paper title: Apports des approches non-paramétriques dans la modélisation de la structure par terme des taux d’intérêts (ID# 067) Authors: Sameh Jouida & Slaheddine Hellara, ISG Tunis, University of Tunis (Tunisia) Paper title: Modélisation du Risque Opérationnel par la Théorie des Valeurs Extrêmes : quelques précautions à prendre par le gestionnaire du RO (ID# 094) Author: Zied Gara, ISG Sousse, University of Sousse (Tunisia) Paper title: L’Impact des Moments d’Ordre Elevé sur l’Evaluation du Risque de Marché (ID# 099) Authors: Sihem Mansour, ISG Tunis and Slaheddine Hellara, ISG Tunis (Tunisia) Paper title: Volatility spillover among Islamic and others Emerging stock markets (ID# 107) Authors: Mohamed Ali Houfi, FSEGJ Jendouba, Jihed Mejdoub & Nizar Harrathi, FSEG Nabeul (Tunisia)

Workshop 11: Islamic Finance (ROOM 3) Chairman: Mohamed Galleli, ESC Tunis, University of Manouba Paper title: La finance islamique au service du développement économique (ID# 061) Authors: Ben Jedidia Khoutem & Ben Ayed Nedra, ISCAE, University of Manouba (Tunisia) Paper title: Differences between Islamic and Conventional Banking: Evidence from Tunisia (ID# 048) Author: Khemayes Bougatef, ESC Tunis, University of Manouba (Tunisia) Paper title: Privatization Within Some Islamic Economies: Review, Success and Failure (ID# 033) Authors: Mouna M’rad & Slaheddine Hellara, ISG Tunis, University of Sousse (Tunisia) Paper title: Financial Development, Islamic Banking and Economic Growth: Evidence from MENA Region (ID# 001) Authors: Seifallah Sassi & Mohamed Goaeid, IHEC Tunis, University of Tunis Carthage (Tunisia)

WORKSHOP 12: Corporate Finance & Corporate Governance (ROOM 4) Senior discussant: Mounira Ben Arab, ISG Tunis, University of Tunis Paper title: Corporate Payout Policy and Changes in Housing Prices (ID# 030)

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Authors: Sara Ding, University of San Francisco, Kose John, New York University, Yang Ni, Shanghai Jiao Tong University, and Samir Saadi, Queen's University and New York University Paper title: Impact de certains mécanismes de la gouvernance sur la gestion des résultats : Validations empiriques sur le marché tunisien (ID# 014) Author: Sirine Chekili, University of Manouba (Tunisia) Paper title: Les déterminants de la structure du capital des entreprises tunisennes (ID# 026) Authors: Khemayes Bougatef & Jameleddine Chichti, ESC Tunis, University of Manouba (Tunisia) Paper title: Protection des investisseurs, structure de propriété et performance des firmes: étude empirique à l'échelle internationale (ID# 062) Authors: Yosra Hammami, FSEG Tunis, University of El Manar & Hamadi Matoussi, ISCAE, University of Manouba (Tunisia) Paper title: Does the Contribution of Dividend to Firm Value Depend on Controlling Shareholders? (ID# 081) Authors: Moncef Guizani, ISIG, University of Kairouan & Ezzeddine Abaoub, FSEG Nabeul, University of Carthage (Tunisia) Paper title: Gouvernement d’entreprise, stratégie de diversification et risque: une investigation empirique dans le contexte français (ID# 108) Authors: Ines Kahloul, ISG Sousse, University of Sousse & Slaheddine Hellara, ISG Tunis, University of Tunis (Tunisia) Paper title: Influence de la structure de propriété sur la structure financière des entreprises françaises: validation empirique dans un cas statique et dynamique (ID# 103) Authors: Hatem Ben Said, FSEG Tunis & Ezzeddine Abaoub, FSEG Nabeul

11:00 a.m. – 11:30 a.m.: Coffee break 11:30 a.m. – 01:00 p.m.: Parallel workshops

WORKSHOP 13: Integration, Economic Cycles, and Macroeconomics (ROOM 1) Chairman: Jaleleddine Ben Rejeb, ISG Sousse, University of Sousse Paper title: Synchronization of the economic cycle and financial integration: the case of the Maghreb countries (ID# 044) Authors: Amira Kaouthar, FSEJEG Jendouba, Ahlem Dakhlaoui, FSEG Nabeul, Besma Talbi, LEGI (Tunisia) Paper title: Intégration économique, interdépendance des économies transmission des chocs (ID# 020) Authors: Makrem Ben Doudou, FSEG Tunis & Hejer Kratou, ESSEC Tunis (Tunisia)

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Paper title: Trade Openness and Financial Development in Tunisia (ID# 087) Author: Khoutem Ben Jedidia, ISCAE, University of Manouba and URED (Tunisia) Paper title: Intégration, Spécialisation, et symétrie conjoncturelle des PSEM (ID# 038) Author : Kamel Garfa (Tunisia) Paper title: Consolidation des regroupements régionaux et croissance économique : Investigations empiriques par des données de panel (ID# 060) Authors: Basseme Kahouli & Noureddine Khadraoui, FDSEP Sousse (Tunisia)

WORKSHOP 14: Financial Markets and Efficiency (ROOM 2) Chairman: Samir Saadi, Queen's and New York Universities Paper title: Effect of automation on efficiency: evidence from the Tunisian Stock Market (ID# 084) Author: Mezri Skhiri, IHEC Sousse, University of Sousse (Tunisia) Paper title: Day of the week effect on assets return: Case of the Stock Exchange of Casablanca (ID# 065) Authors: Abdelkader DERBALI & Noureddine KHADRAOUI, FDSEP Sousse, University of Sousse (Tunisia) Paper title: Day-of-the-week and the returns distribution: evidence from the Tunisian Stock Market (ID# 054) Author: Abderrazak Dhaoui, University of Reims Champagne Ardenne (France) Paper title: L’impact de la gestion des résultats sur la liquidité : Cas du marché boursier tunisien (ID# 091) Authors: Youssef Riahi & Mounira Ben Arab, ISG Tunis (Tunisia) Paper title: Liquidity provision in a limit order market: the case of the Tunisian Stock Exchange (ID# 073) Authors: Rouetbi Emna, ISFFS, University of Sousse & Mamoghli Chokri, ISG Tunis, University of Tunis (Tunisia) Paper title: The sharemarket performance of French venture capital backed and non-venture capital-backed IPOs (ID# 080) Authors: Jihène Cherrak, ISFF Sousse, University of Sousse & Mohamed Tahar Rajhi, FSEG Tunis, University of El Manar & LIFE (Tunisia) Paper title: Distribution des dividendes et hétérogénéité de la réaction des cours des actions: validation empirique sur le contexte Français (ID# 102) Authors: Hatem Ben Said, FSEG Tunis & Ezzeddine Abaoub, FSEG Nabeul (Tunisia)

WORKSHOP 15: Banking and Risk Management (ROOM 3) Chairman: Mohamed Tahar Rajhi, FSEG Tunis & LIFE Paper title: Management of credit risk by the method based on internal ratings in the Tunisian deposit banks (ID# 086)

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Authors: Mohamed Sadok Gassouma, ISFFS, University of Sousse & Mohamed Tahar Rajhi, FSEG Tunis, University of El Manar (Tunisia) Paper title: Empirical Analysis of non-performing Loans in the Case of Tunisian Banks (ID# 088) Authors: Raef Bahrini, University of Sousse & Mohamed Tahar Rajhi, FSEG Tunis, University of El Manar (Tunisia) Paper title: Durée de la relation bancaire et performance des entreprises tunisiennes: une analyse en données de panel (ID# 042) Authors: Abdelaziz Hakimi, ISG Sousse, University of Sousse & Mouldi Djelassi, ESSEC Tunis (Tunisia) Paper title: Examining the determinants of Risk-taking in European banks (ID# 096) Authors: Mohamed Tahar RAJHI & Wiem HMADI, LIFE (Tunisia) Paper title: Extreme Value Theory and Market Risk (ID# 098) Authors: Sihem Mansour, ISG Tunis & Slaheddine Hellara, ISG Tunis, University of Tunis (Tunisia) Paper title: Les déterminants d’octroi des options sur actions: application dans le contexte Français (ID# 083) Authors: Mehdi Bouras & Mohamed Galleli, ESC Tunis, University of Manouba (Tunisia) Paper title: DOUBLE LONGUE MEMOIRE ET PERFORMANCE DE L’ESTIMATION DE LA VALUE-AT-RISK: EVIDENCE A PARTIR DE L’INDICE BVMT (ID# 071) Author: Samir MABROUK, IFG (Tunisia)

WORKSHOP 16: Macroeconomic Issues in MENA and Mediterranean Zone (ROOM 4) Chairman: Sana Harbi, ISFFS Sousse, University of Sousse Paper title: Capital account liberalization, Institutions, and economic growth: Empirical Evidence from the MENA Region (ID# 007) Authors: Hajer KRATOU, University of Carthage, Tunis Polytechnic School & Najeh KRATOU, University of Tunis (Tunisia) Paper title: International R&D spillovers and cooperation: A cointegration panel data analysis for the South of Mediterranean countries (ID# 004) Authors: Tarek Sadraoui & Adnen CHOCKRI, FSEG Sfax, University of Sfax (Tunisia) Paper title: More on Finance and Growth in the MENA Region: More Growth, More Finance (ID# 028) Authors: Jawaher Ben Salem, FSEG Tunis, University of El Manar & Mohamed Trabelsi, IHEC Sousse, University of Sousse (Tunisia) Paper title: Croissance économique, pauvreté et inégalité dans les pays du MENA : une approche en données de panel (ID# 051) Authors: Housseima Guiga, University of Monastir (Tunisia)

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First MENA Meeting – May 5-6, 2011 - Sousse


Paper title: L’EXCEPTION AGRICOLE DANS LE PARTENARIAT EURO-MEDITERRANEEN (ID# 052) Author: Salem Mehadi, University of Skikda (Algeria) Paper title: Pauvreté multidimensionnelle : une approche non monétaire appliquée au Centre-Est de la Tunisie (ID# 008) Authors: Housseima Guiga, University of Monastir & Jaleleddine Ben Rejeb, ISG Sousse, University of Sousse (Tunisia) Paper title: The Determinants of Libyan Red Meat Import Demand Equation for the Period (1962-2008) (ID# 002) Author: Khaled Elbeydi, Tripoli University (Lybia)

WORKSHOP 17: Innovation, Entrepreneurship & Information Technology (ROOM 5) Chairman: Malek Ghénima, ESCE, University of Manouba Paper title: Creating innovativeness through managing knowledge relationship with distribution channel (ID# 093) Authors: Hédia Maamri and Abdelfattah Triki, ISG Tunis, University of Tunis (Tunisia) Paper title: Les déterminants de dépôt de marque dans les pays en voie de développement : cas de la Tunisie (ID# 066) Authors: Sana El Harbi, Meriam Brahem, University of Sousse and URFQ (Tunisia) & Gilles Grolleau, Montpellier SupAgro and LAMETA (France) Paper title: Innovation culture and the economic performance of Tunisian ICT firms (ID# 064) Authors: Alistair R. Anderson, Aberdeen Business School (UK), Sana El Harbi & Mériam Amamou, University of Sousse (Tunisia) Paper title: Une alternative d’un processus d’Intelligence économique au sein de l’entreprise tunisienne (ID# 019) Authors: Feten Ben Hassine, Mouna Boussida Guizani & Haykel Hadj Salem, FSEG Mahdia, University of Monastir (Tunisia) Paper title: The Strategy of Raising Counterfeiters’ Costs in Luxury Markets (ID# 063) Authors: Insaf Bekir, Sana El Harbi, University of Sousse and URFQ (Tunisia) & Gilles Grolleau, Montpellier SupAgro and LAMETA (France)

01:00 p.m. – 01:30 p.m.: Official closing 01:30 p.m. – 02:30 p.m.: Lunch

The University of Sousse in Tunisia

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First MENA Meeting – May 5-6, 2011 - Sousse


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