The study investigated the effect of financial literacy on investment decisions among economics students in UEW. Overall, by adopting stratified sampling, 100 economics students were recruited for the study. To collect data closed-ended questionnaire was personally administered to the sampled students in the study area on the grounds of high anonymity and confidentiality. Data collected from respondents were analysed using SPSS. Findings from the binary logistic analysis shows that an increase in age of respondent (student) is likely to increase probability to invest. The probability of increment is 11.4% and it is significant at 5% significance level. Again, a [...]

The purpose of the study is investigated the efficiency of personal finance in terms of financial gain and advancement. Despite the fact that there is an abundance of research on personal finance literacy in the literature, there is a scarcity of research on the effect of personal finance on financial growth in the literature, particularly in Bangladesh. With the passage of time, the amount of national income and savings in the country has been steadily increasing throughout time. Despite the fact that its frequency has fluctuated, there have been no official studies conducted on the usefulness of personal finance in [...]

This paper investigates the elements that effects the individual's intention to use the Islamic banking services in Pakistan and, also assess the moderating effects of financial considerations (taken as perceived potential risk and perceived financial risk). The conceptual framework is developed using Theory of Planned Behaviour (TPB) model that links Islamic financial literacy (IFL), reputation, social and religious values with attitude and intention to use Islamic banking. The data has been collected from individuals who intend to use Islamic banking in the future. Findings reveal that IFL has a significant and positive impact on the attitude and further intention towards [...]

The contemporary business environment has superseded the retail and industrial economy due to the information-age economy's existence. The combination of knowledge and information provide practical benefits to the technology-driven and knowledge-intensive businesses. In this context, the firms heavily rely on efficient management practices such as financial management and knowledge capabilities like intellectual capital. The poor financial management practices and weak intellectual capital may result in business failure. Previous studies mainly focused on the relationship between intellectual capital and firm performance. However, intellectual capital as a predictor of financial management practices is a missing concept in the existing literature. Therefore, this [...]

The present paper aims to investigate the impact of financial leverage on the investment decisions of the automobile sector. Data was gathered from the top 10 publicly listed automotive companies of Pakistan during the time period of 2010 to 2020. By employing the robust random effect model technique, it is found out that financial leverage has a significant and positive impact on the investment decisions of the automotive firms. Besides, the other factors also influence the investment decisions of the firms. In the end, this paper suggests several substantive implications for automobile industry to improve their investment decisions. [...]

This paper investigates the existence of pollution haven hypotheses (PHH) and the Environmental Kuznets Curve (EKC) for top five (China, Canada, Germany, Brazil, And France) carbon dioxide emitter countries during 1990-2018. The current study uses a panel autoregressive distributed lag (PARDL) technique to obtain empirical outcomes. The estimated results demonstrate the error-correction term's significant and adverse impact and the system's conversion to long-run equilibrium following a shock. The results of the short run and long term indicate that carbon dioxide emissions are positively associated with EC (energy consumption) and are statistically significant. For both the short run and long run [...]

Poor funding which incapacitated the Small and Medium Enterprises (SMEs) in Nigeria from assisting in creating employment opportunities motivated this work. This research investigated the effect of monetary policy instruments on SMEs financing by the Deposit Money Banks (DMBs) in Nigeria. It specifically evaluated how monetary policy instruments affect DMBs credit allocation to rural SMEs and also analysed the effect of total money supply on credit allocation to private sector. The study relied on secondary data from the Central Bank of Nigeria's Statistical bulletin and World Bank Financial Indicators with a duration of 30 years (1991- 2020). The data comprised [...]

Sustainability performance has become critical to every industry. The study examines the effect of Multiple debt finances on financial performance and GRI sustainability economic performance, measured through GRI 201-1, economic performance approach, for period from 2007-2020. The study applied mixed panel regression models to analyse the sample of 253 non-financial firms from diplomatic developing ties, namely Pakistan and India. The empirical findings shows that short-run debts have significant positive, but long-term and total debts have significant negative performance effects. However, firm size and asset tangibility have performance effects for non-financial firms of Pakistan and India. The study applied trade off [...]

The main aim of this research is to assess the performance of risk-appetite discriminated investors in the PSX listed fertilizers industry, using RSM and non-RSM, to maximize their portfolios' wealth. The research period (18 November 2015-June 30, 2021) is well characterized by the presence of two distinct volatility-related bull-regime and bear-regime, and it is divided into two groups: in-sample and out-sample. Throughout the out-sample time, different models are used to forecast the cumulative wealth of each investor. This cumulative wealth and the Sharpe ratios are calculated using the various models (RSM and Non-RSM). In stocks by using RSM the cumulated [...]

This study investigates whether Islamic finance has an association with United Nations' sustainable development goals (SDGs). Analyzing the extant literature, we find that Islamic finance and SDGs have a close relationship. The study also suggests the avenues where Islamic finance may contribute to the SDGs' achievement. These include financial sector stability, reducing vulnerability and risk, financial inclusion, infrastructure development and resolving environmental and social issues. Furthermore, the study develops a framework that links Maqasid-al-Shariah with SDGs. The study assists the policymakers to mobilize resources for achieving SDGs in developing economies, especially in those whose populations consist of a significant percentage [...]