CSRC Publishing: Open Journal Systems (Center for Sustainability Research and Consultancy)
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1354 research outputs found
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Bridging the Gap: Financial Inclusion's Role in Environmental Sustainability in Pakistan
No full textPurpose: The global impact of climate change on both human well-being and the environment has garnered widespread attention. Depending on the context, financial inclusion can either help people adapt to changing conditions or lessen the impact of those changes. The purpose of our research is to fill that study gap. While improved financial infrastructure is excellent for GDP, the only way to save the planet for both emerging and rich nations is through effective governance. This research looked at how different variables, such as financial inclusion (FINC), FDI, trade openness (TO), and economic growth (GDP), affects Pakistan's CO2 emissions and ecological footprint from 2004 to 2021.
Design/Methodology/Approach: Autoregressive distributed lag modeling (ARDL) is used to calculate the estimated alliance between the research variables.
Findings: Even if GDP and FDI play important roles in environmental quality, long-run ARDL estimates show that FINC and trade have a negative influence on carbon dioxide emissions. On the other side, FINC has a beneficial effect on the environment, reducing its negative impact and improving environmental quality.
Implications/Originality/Value: These outcomes indicated that Pakistan needs to enhance trade and FINC to sustain environmental quality. The funds issued from the financial institutions should be allocated to clean and green energy projects
Comparative Research Implementation of CSR (Corporate Social Responsibility) in Various Sectors of the Indonesian Stock Exchange
No full textPurpose: Up until now, no study has compared how CSR (Corporate Social Responsibility) is implemented across different business sectors. This article's purpose is to close this knowledge gap by examining how businesses across many industries modify and incorporate social responsibility into their fundamental business practices to draw in both domestic and foreign investors.
Design/Methodology/Approach: The study employs a descriptive quantitative research design, utilizing secondary data collecting via examination of annual reports or company sustainability reports from the three primary industries that are listed on the Indonesian Stock Exchange (BEI) and frequently engage in voluntary corporate social responsibility.
Findings: The analysis's findings demonstrate how the three sectors embrace the idea of social responsibility, albeit with various implementation strategies. The major consumer sector is more focused on the environment, the technological sector focuses on social issues, and the finance sector prioritizes corporate social responsibility from an economic perspective.
Implications/Originality/Value: Offers a global perspective on corporate social responsibility (CSR), pertinent data and analysis for investors from different nations, and the potential to grow into a significant global resource for the community at large for comprehending how CSR affects sustainable investment choices in the global market
Does Ethical Leadership Contribute towards Organizational Commitment? A Mediational Study of Employees in Hotel Industry
No full textPurpose: This study assesses how perceived corporate social responsibility by employees’ functions as a mediator between organizational commitment and moral leadership.
Design/Methodology/Approach: According to the social exchange theory, there is reciprocation between an employee and their employer, and how an employer conducts business shapes the perspective of its employees. Employees follow the same activities and behaviors that the corporation does. 348 front-line hotel employees in Pakistan provided the information. To test the data, structural equation modeling was used.
Findings: The findings show that a leader's moral and ethical behavior influences how employees view a firm's CSR and how committed they are to the organization. Results exhibit that when workers witness their supervisors performing ethically, it affects their attitudes and makes them more dedicated to their businesses.
Implications/Originality/Value: The study is distinctive in that by utilizing employee views of CSR as a mediator, the relationship between leadership and commitment was explored. The study has essential management and organizational ramifications, particularly for increasing employee engagement
Translanguaging in Teaching Grammar to Elementary Students
No full textPurpose: The present research examines the utilization of translanguaging schemes while teaching English grammar to elementary level students in different zones of Pakistan. The research deals with the research gap in comprehending the specified usage of translanguaging while imparting grammar instruction.
Design/Methodology/Approach: The methodology includes survey of 20 teachers of English language teaching at elementary level and the analysis of their responses.
Findings: The findings reveal that the teachers employ translanguaging techniques to reinforce grammar instruction by integrating the students’ native languages into English. Translanguaging techniques cast a constructive effect on the comfort and confidence of students. The research also identifies the challenges in the domains of social stigma and concentration. The present research specifies the effective perceptions for policymakers, curriculum designers, and educators. It highlights the significance of thorough training and continuous support for teachers in employing translanguaging in an effective manner.
Implications/Originality/Value: The present study necessitates advanced research to investigate the longstanding impacts of translanguaging on language competence and academic output. The findings add to the developing research corpus on translanguaging in education and provide solid grounds for the improvement of effective pedagogical practices that influence the students’ multilingual series for imparting effective grammar instruction
A Comprehensive Examination of Corporate Governance's Impact on the Cost of Equity: Evidence from Pakistani Non-Financial Listed Firms
No full textPurpose: This study explores the intricate relationships between various corporate governance variables and the Capital Asset Pricing Model (CAPM) as a proxy for the cost of equity for non-financial firms listed on Pakistan Stock Exchange (PSX) during the period from 2011 to 2020.
Design/Methodology/Approach: Employing a convenience sampling approach and fixed effects regression to account for unobserved heterogeneity, the research discerns both significant and non-significant associations, offering insights into the unique dynamics of the Pakistani financial landscape.
Findings: Notable findings include direct and statistically significant association between BETA and CAPM, as well as the influential role of CEO duality. The Coefficient of Variation (CV), Earnings Before Interest and Taxes (EBIT), and governance-related factors like the governance index and insider ownership exhibit significant associations with CAPM. Conversely, board size, board independence, market-to-book ratio (MBR), and market debt ratio do not show statistically significant impacts on the cost of equity.
Implications/Originality/Value These nuanced results contribute valuable insights for financial decision-makers and policymakers operating within the specific context of the PSX
The Components of Enterprise Risk Management and Financial Performance of the Non-Financial Firms through Mediation of Corporate Reputation
No full textPurpose: This research study aims to investigate the relationship between enterprise risk management (ERM) components and non-financial companies’ financial performance (FP), which are listed at PSX, while exploring the corporate reputation (CR) role as a mediation between ERM components and financial indicators performance.
Design/Methodology/Approach: This study used a questionnaire survey, and 340 responses were collected from non-financial sector firms’ board executives and top management. The PLS-SEM technique was employed for the data analysis using smart PLS 4.0 software.
Findings: the results showed that ERM components significantly influence the corporate reputation. Further, corporate reputation positively and significantly mediates between ERM components and financial performance. This study plays a crucial role in pinpointing and addressing risks within non-financial firms, aiming to enhance the prosperity of the non-financial sector and contribute to overall economic growth through the ERM components framework.
Implications/Originality/Value: Future research could extend to various sectors, encompassing financial and non-financial companies, service firms, and the food industry. Such studies could explore the influence of ERM components on financial performance, particularly emphasizing reputation as a critical resource for success in competitive markets
Inclusive Finance for SMEs in Pakistan: A Supply-Side Perspective
No full textObjective: Inclusive finance aims to escalate the access and usage of financial services among SMEs and individuals as well. Therefore, it is mainly concerned with efforts towards financial inclusion, which means easy access and usage of a wide range of affordable financial products and services by everyone, provided by a variety of sound, responsible, and sustainable financial institutes. In Pakistan, SMEs face severe issues towards access to formal finance and bound to meet their financial needs by using informal finance. This study aims to highlight the supply-side factors impacting SME's access to finance in Pakistan. Methodology: This quantitative research has been conducted in the five big cities of Punjab province. By using a stratified sampling technique SMEs from three main sectors have been included in this study manufacturing, services and trading. Findings: In line with prior research study concluded that for inclusive growth and development, provision of resources, favourable policies and regulatory reforms, financial and other national institutions, international bodies support can bring significant change in the status of SMEs in Pakistan. Implications: Current study will be helpful for policy makers and financial institutions to formalize their structure and strategies to facilitate SMEs in Pakistan
Effect of Dividend Policy and Capital Structure on Firm Value with Growth Opportunity as a Moderating Variables
No full textObjective: Main objective this research is to examine and analyze the effect of dividend policy and capital structure on firm value with growth opportunity as a moderating variable.
Methodology: Quantitative techniques are used in this study. A purposive sampling of 54 samples based on preset criteria was conducted on the trading and service organizations that will be listed on the Indonesian Stock Exchange in 2019–2021 as the population for this study. Dividend Policy and Capital Structure, which are independent factors, Firm Value, a dependent variable, and Growth Opportunity, a moderating variable, are the variables that were looked at in this study. The research data was subjected to analysis using the SmartPLS 3 software application, which served as the analytical tool.
Results: The results of the research show that dividend policy which is proxied dividend payout ratio (DPR) has a significance impact on firm value, capital structure which is proxied debt to equity ratio (DER) has a significant impact on firm value, growth opportunity which is proxied earning per share (EPS) has a significance impact on firm value, dividend policy has a significance impact on firm value with growth opportunity as a moderating variable and dividend policy has not impact on firm value with growth opportunity as a moderating variable. The results of the research overall study have consequences for businesses in the trade and service sectors that are listed on the IDX, requiring them to conduct evaluations or plan in order to optimize corporate value for the benefit of shareholders.
Implication: Implications will be impact all parties based on the results of this research among companies listed on the IDX will make planning and evaluation, especially the trade and service sector to take precautions so that the company's value remains stable and normal. For potential investors, it will be an opportunity and opportunity to choose to invest in the right company to achieve maximum profit, high company value is indeed an attraction for investors but good growth is also a support in seeing how far a company can increase its firm value supported by a high capital structure also has good implications for the company's development
Institutionalizing Civic Engagement through Skilled Civic Education: A Critical Analysis of Youth Development and Education Policies in Punjab Pakistan
No full textABSTRACT: This study critically examines the intricate relationship between youth development and educational policies within the evolving societal landscape of Punjab, Pakistan. Positioned at a pivotal juncture of societal transformation, the study rigorously examines the institutional frameworks in education that influence civic engagement among the youth, thoroughly inspecting the existing policies in place. The primary objective is to discern the key drivers and obstacles impeding the institutionalization of civic engagement within the Pakistani education system. Special attention is given to the impact of both curricular and extracurricular initiatives on youth development, highlighting their potential to instill civic responsibility.
Purpose: This article engages with theoretical frameworks that underpin skilled civic education, delving into the broader implications of cultivating an informed and responsible citizenry.
Design/Methodology/Approach: Employing a descriptive approach and qualitative methodology, the investigation aims to comprehensively analyze the policy landscape.
Findings: The verdicts of this research make an extensive input to the ongoing discourse on skilled civic education and youth development in Punjab.
Implications/Originality/Value: This article concludes with challenges and actionable commendations tailored for policy makers, educators and stakeholders offering insights to enhance the institutionalization of civic engagement through skilled civic education in the regio
Purchasing Behaviour and Trends of Cash and Carry Customers in District Bagh, Azad Jammu and Kashmir
No full textPurpose: Consumer behavior is much broad and complex concept in Economics. Not only income but other factors shape the consumption pattern in different regions, countries and even in cities. The main objective of this research is to identify and analyze the factors that influence purchasing behavior of cash and carry consumers during purchasing
Design/Methodology/Approach: This study uses different variables as independent variables and purchasing behavior as dependent variables also some intermediate variables that influences purchasing behavior of people. The sample is collecting and analyzing of 200 respondents in the city of District Bagh Azad Kashmir. Convenient Sampling technique uses to collect data and Statistical Package for Social Sciences (SPSS) is use for analysis. Reliability Analysis and Regression Analysis (RA) are use for analysis and hypothesis testing.
Findings: According to results people change their behaviour moderately during purchasing, A numbers of customer purchase according to environment, Facilities, advertisement, distance and awareness. However some customer purchase only planned products. This study concludes that some variables including in the study have significant and positive impact and some have negative impact on purchasing behavior. A small number of variables have insignificant relationship with purchasing behavior. Researcher only mentions significant variables.
Implications/Originality/Value: So it is concluded that seller behavior, packing, Geography, store environment and brands change the plan purchasing of consume