Ercan Özen received his BSc in Public Finance (1994), MSc in Business-Accounting (1997), PhD in Business Finance (2008) from University of Afyon Kocatepe. Now he is Associate Professor of Finance in the Department of Banking and Finance, School of Applied Sciences, University of Uşak, Turkey. His current research interests include different aspects of Finance. He has (co-) authored three book chapters and more than 40 papers, more than 30 conferences participation, member in International Program Committee of three conferences and workshops. He is Chair of International Applied Social Sciences Congress. Dr Özen is certificated Accountant, member of Aegon Finance Association and member of TEMA (Turkey Combating Soil Erosion for Reforestation and the Protection of Natural Resources Foundation). Dr. Simon Grima, Ph.D (Melit.), MSc (Lond), MSc (BCU), [...] (Hons) (Melit.), FFA, FAIA (Acad), is the Head of the Insurance Dept, in charge of the undergrad and postgrad degree in Insurance and Risk Management and a Senior Lecturer at the University of Malta. He served as the President of the Malta Association of Risk Management (MARM) and the Current President of the Malta Association of Compliance Officers (MACO). Moreover, he is among the first Certified Risk Management Professional (FERMA), is the Chairman of the Scientific Education Committee of PRIMO and served as a member of the curriculum development team of PRIMIA. His research focus and consultancy is on Internal Controls (i.e. Risk Management, Internal Audit and Compliance) and has over 25 years of experience varied between Financial Services and with public entities in Internal Controls, Investments and IT. He acts as an Independent Director for Financial Services Firms sits on Risk, Compliance, Procurement, Investment and Audit Committees and carries out duties as a Compliance Officer, Internal Auditor and Risk Manager.