1. SIAD Laboratory, ENCG Settat, Hassan 1st University, Settat 26000, Morocco
2. LaSTI Laboratory, Sultan Moulay Slimane University, Beni Mellal 25000, Morocco
3. Department of Applied Economics, Faculty of Economics and Business Sciences, University of Valladolid, 47002 Valladolid, Spain
4. Department of Financial Economics and Accounting, Faculty of Economics and Business Sciences, University of Valladolid, 47002 Valladolid, Spain