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The Performance Analysis of Saud Bahwan Group, Oman: An Empirical Study

Author

Listed:
  • Md Shabbir Alam

    (Department of Accounting & Finance, CCBA, Dhofar University, Salalah, Oman)

  • Naushad Alam

    (Department of Accounting & Finance, CCBA, Dhofar University, Salalah, Oman)

  • Md Abdul Imran Khan

    (Department of Accounting & Finance, CCBA, Dhofar University, Salalah, Oman)

Abstract

The present study examines the financial performance Saud Bahawan group viz. its competitor and its role in the economic development of Oman. From the empirical work carried out it was established that the return on equity (ROE) has increased over the years from 1350 in 2010 to 14,245 in 2014. However on the contrary the net assets to book value, earning per share (EPS) have declined considerably over the years. The debt ratio has too increased from 0.18 to 0.28 which is a marginal increase and that's may have attributed to the decline in the EPS. The results showed that, there is no significance different between ROE of Saud Bahawan and five other companies chosen for the study. If we just consider the difference of mean in ROE of all companies establishes the fact the firm profitability is comparatively better than that of its competitor. Thus the study reveals that the companies chosen for the study were no better than that of the Saud Bahawan group in all the parameters taken for the study.

Suggested Citation

  • Md Shabbir Alam & Naushad Alam & Md Abdul Imran Khan, 2016. "The Performance Analysis of Saud Bahwan Group, Oman: An Empirical Study," International Journal of Economics and Financial Issues, Econjournals, vol. 6(4), pages 1646-1649.
    • Handle: RePEc:eco:journ1:2016-04-47
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    References listed on IDEAS

    as
    1. Liping Chu & Dan Li, 2015. "Research on College Financial Budget Performance Evaluation," Springer Books, in: Runtong Zhang & Zhenji Zhang & Kecheng Liu & Juliang Zhang (ed.), Liss 2013, pages 673-678, Springer.
    2. Omran, Mohammed M. & Bolbol, Ali & Fatheldin, Ayten, 2008. "Corporate governance and firm performance in Arab equity markets: Does ownership concentration matter?," International Review of Law and Economics, Elsevier, vol. 28(1), pages 32-45, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Financial Performance; Return on Equity; Earnings Per Share and Debt Ratio;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • G39 - Financial Economics - - Corporate Finance and Governance - - - Other

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