The present study fills the gap by investigating the post-adoption behavior of credit card users and it also explains the role of religiosity in the use of credit cards. A quantitative research approach was used. By using non-random sampling, a total of 385 data was gathered from the credit card holders worldwide. PLS-SEM techniques was used to estimate the model. Results show that secure transactions and rewards are two important determinants that increase the use of credit cards. Whereas, social influence is not a significant factor that influence credit card users. In addition, it is revealed that credit card is [...]

This study explores the impact of corporate social responsibility (CSR) and financial distress on the financial performance of companies in Pakistan's PSX 100 Index. With a focus on societal contributions and competitive advantage, the research addresses the limited CSR activities in Pakistan, emphasizing the necessity for comprehensive policies promoting social welfare and economic growth. Analyzing data from 48 companies of manufacturing and financial sectors, the study uncovers insights into Pakistani industries, emphasizing the effects of CSR on financial performance in the presence of financial distress. It underscores the importance of balancing financial risks with social responsibilities, contributing to the understanding [...]

The aim of this study was to investigate the relationship between the level of economic development, government effectiveness, and variations in financial intermediation spreads in 157 countries during the period from 2015 to 2021. The sample comprised countries from six different regions: Africa (43 countries), Asia (43 countries), Europe (42 countries), North America (15 countries), Oceania (3 countries), and South America (11 countries). These countries were categorized based on their levels of economic development, as defined by the International Monetary Fund (IMF). Banking spreads were determined as the difference between lending rates and deposit rates. Government effectiveness was assessed using [...]

The present research study examines the response of exchange rate changes on the trade balance of Pakistan, in its major trading partners e-i., United States, China, United Kingdom, Saudi Arabia, Japan, Germany, Malaysia, and Singapore. Data has been taken from the World Development Indicator and the International Trade Centre for the time 2003 to 2021. To estimate the data, we applied the Panel Autoregressive Distributed Lags model. The findings of the study show that in the short run, the Exchange rate, and Consumer Price Index don't seem to have a significant impact on the Trade Balance, while the GDP demonstrates [...]

The upsurge in the use of e-payment channels has shaped the activities in the banking sector in diverse ways, and as such has motivated a plethora of research interests. To join the ongoing debate, this study examined the response of credit to the private sector to the rise in the use of e-payment channels in Nigeria. The study used monthly series that covered the period from 2012M12 to 2022M12 under the VAR framework. Findings of the study revealed that credit to the private sector responded positively to shocks in both electronic bills payment and Point of Sale in all the [...]

The relationship between exports and growth has extensively been discussed in the literature. We have plenty of theoretical as well as empirical literature highlighting this relationship. This study, however, has been conducted in an attempt to explore the impact of the macroeconomic policies of two major South Asian economies on exports and growth. To see the impact of these policies, a policy index has been constructed incorporating the fiscal, monetary and trade policies by using their proxy variables budget balance, inflation and trade openness respectively. Johansen Cointegration technique under VAR has been employed on an annual data from 1980 - [...]

This research work makes underpinning of the Financial Risk Seeking through the window of finance education. This study explores that how Conscious personality perform a mediatory role while neurotic personality act as a moderator in the relationship of finance education and financial risk seeking. For accomplishment of the study purpose data set is gathered from university students of Faisalabad, Pakistan. The online survey technique is employed for generating the data set which integrated 200 respondents. The PLS (SEM) modelling was used for data analysis. The path analysis shows that the finance education proved as a statistically noteworthy positive association with [...]

The purpose of this study is to empirically examine how risk management committees, taking into account variables like size, independence, and frequency of meetings, affect the possibility of financial distress in Pakistan, an emerging market. Furthermore, it aims to determine whether firm size moderates the relationship between risk management committees and financial distress. The fixed-effects panel regression approach is used in the examination of a sample of 944 firm-year observations from 2015 to 2022. The Hausman test is used to validate the fixed-effect model's applicability after panel data analysis techniques are executed. The main conclusions of the study make available [...]

Every sector of the financial system is responsible for putting appropriate financial procedures into place in order to adapt to the ever-changing conditions of the market. This study examines influence of liquidity position on profitability of 22 Pakistani commercial banks from 2006 to 2022 by applying Generalized Method of Moments (GMM) using annual data with an aim to enhance their profitability and maintain balanced approach. It is found that there is inverse and significant effect of liquidity; credit risk and firm size on banks profitability while positive and statistically significant influence of banks capital on banks profitability. Gross domestic product [...]

The study aims to analyze the financial determinants of firms cash holdings in different sectors of economy of Pakistan such as Textile, Manufacturing, Energy, Information & Communication, Chemical and Food. The study analyses a sample of 305 listed companies on the Pakistan Stock Exchange (PSX) from 2017 to 2022 and provides a comparative sectoral analysis using three regression models, namely: Ordinary least square (OLS), fixed effects, and random effects models, based on trade-off theory and pecking order theory. The results show sector-specific relationships: in the textile sector, cash holdings are positively related with debt ratio, liquidity, and firm size but [...]

This study seeks to determine the effects of foreign direct investment inflow in the context of the female labor force participation FLFP, with special emphasis on the synchronizing variables of employment structure and female literacy. This research covers the period between 2011 and 2020 using data from the World Bank and OECD countries. It employs regression analysis alongside unit root tests and GMM in STATA 17. The study demonstrates that FLFP correlates positively, and significantly, with FDI inflows. As such, countries that have a higher female labor participation seem to attract more FDI. Thus, the inclusion of women in economic [...]

This study investigates the influence of environmental, social, governance, and safety (ESGS) factors on the financial performance of firms listed on the Pakistan Stock Exchange (PSX). Adopting a post positivist framework, the study formulates and empirically tests hypotheses derived through deductive reasoning. Focusing on both financial and non-financial firms, the study encompasses 551 companies across 37 sectors over two distinct periods (2012 to 2016 and 2017 to 2021). The research uses secondary data extracted from yearly reports using pooled Ordinary Least Squares (OLS) regression analysis across two distinct periods: 2012 to 2016 and 2017 to 2021. The dummies used to [...]