University of Dubai's Dubai Business School (DBS): E-Journals
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The impact of strategic planning practices on organizational performance in public sectors in Abu Dhabi
Full text linkThe growth of any economy is mutually dependent on public and private sectors contribution to the overall success, and can be directly attributed to the strategic planning and execution. The significant growth of UAE economy even during the global recession, is an indicator of robust strategic planning initiatives proposed and meticulously being executed by the respective emirates, in particular Dubai and Abu Dhabi share a greater contribution. Previous studies have mainly focused on the relation in strategic planning of company and performance in some of the global context specific to certain countries. With the onset of growing economic initiatives in UAE, with Abu Dhabi as Nation’s capital, it is extremely important to study the importance of strategic planning and its significance in public sectors. This study attempts to conceptualize the factors determining the performance of Public sectors in Abu Dhabi from the perspective of strategic planning and practices. Strategic planning can share and develop the long-term perspectives. Public sector organizations are increasingly embracing the practices of strategic planning in anticipation that they will translate it to enhance the performances.  
Ethical Stochastic Objectives Programming Approach for Portfolio Selection
Full text linkThe paper develops an ethical multiple stochastic objectives approach to address the ethical portfolio selection problem in the stochastic environment under the Shari’ah compliant framework. Two random objectives considered in this paper which are maximizing portfolio return and maximizing social welfare of portfolio. The risk of portfolio is measured by covariance matrix of total return. The ethical stochastic objectives program approach is based on goal programming approach, a chance constrained approach and Shari’ah compliant framework. The model is applied on 60 stocks including conventional and Islamic securities in GCC. The results show that, portfolios with higher proportion of ethical Islamic securities in the portfolio and with higher expected loss the higher is the portfolio performance in terms of Sharpe measure.
Keywords: Shari’ah compliant, Ethical investment, Goal programming, Multiple objectives, Stochastic Multiple objectives programming, Chance constrained approach, Sharpe index as portfolio performance measure