ALHOSN University, a leading Abu Dhabi-based university dedicated to high-quality value-based education, has announced that the research study conducted by two of its professors – Dr. Somkiat Mansumitrchai and Dr. Candy Chiu – has won an Outstanding Research Award at the 2011 Costa Rica Global Conference on Business and Finance that was organised recently in San Jose, Costa Rica by The Institute for Business and Finance Research.

The winning paper titled ‘Adoption of Internet Banking in UAE: Factors Underlying Adoption Characteristics’ focuses on identifying the characteristics of UAE consumers and their attitudes vis-à-vis internet banking. The article has also been selected for publication in the International Journal of Management and Marketing Research.

Prof. Abdul Rahim Sabouni, Vice Chancellor and CEO, ALHOSN University, said, “On behalf of the university, I congratulate Dr. Somkiat and Dr. Candy on winning this prestigious award, which contributes to ALHOSN University’s stature at the international level. This award reflects the quality of our core faculty, which is a key factor that has enabled us to become one of the most sought-after universities in Abu Dhabi.”

Commenting on the award, Dr. Somkiat, who is Assistant Professor, Business Administration Department, and Program Director of the Master of Business Administration at ALHOSN University, said, “This award underlines UAE’s growing contribution to research in business and finance. We believe that our paper which focused on the adoption of internet banking in the UAE could shed light on the challenges being faced in this domain and the corrective steps to push up internet banking usage. We thank ALHOSN University for all the support extended to us, which was very crucial in preparing a high quality research paper.”
 

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