EconPapers    
Economics at your fingertips  
 

Corporate responses to boycott movements: impact on accounting and financial performance in the Middle East

Ahmad Alqatan

International Journal of Islamic and Middle Eastern Finance and Management, 2025, vol. 18, issue 2, 360-380

Abstract: Purpose - This research study aims to examine the impact of boycott movements, particularly the Boycott, Divestment, Sanctions (BDS) movement, on firms supporting Israel in the Middle East, focusing on their accounting and financial performance. Design/methodology/approach - This research employs a mixed-method approach. Both qualitative and quantitative methods were used to examine the impact of the boycott movements on the firm performance of companies supporting Israel in the Middle East. Integrating both qualitative and quantitative methods allows for a holistic understanding. Purposive sampling was utilised to ensure that only targeted companies by BDS were included in the considered sample. Findings - It signified that targeted companies such as HP, Siemens, AXA, Puma and Sabra face substantial reputational risks, requiring operational adjustments and financial strategies to mitigate adverse effects. The findings revealed that these firms have progressively adopted enhanced transparency and reviewed investment policies to mitigate negative impacts and align with international laws and ethical standards. Originality/value - The obtained discoveries will highlight the economic and governance-related consequences of boycott movements, offering insights that can be employed by business leaders, policymakers and scholars concerned with understanding the interplay of economics and politics. The findings will also highlight the obligation for resilient governance practices necessary for enduring external pressures and the adequate sustenance of firm performance in a progressively politicised market atmosphere.

Keywords: Boycott movements; Accounting performance; Financial performance; Financial impact; Corporate responses (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:imefmp:imefm-06-2024-0316

DOI: 10.1108/IMEFM-06-2024-0316

Access Statistics for this article

International Journal of Islamic and Middle Eastern Finance and Management is currently edited by Dr Syed Aun Raza Rizvi

More articles in International Journal of Islamic and Middle Eastern Finance and Management from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().

 
Page updated 2025-05-31
Handle: RePEc:eme:imefmp:imefm-06-2024-0316