Countries with abundant natural resources are speculated to have higher carbon discharge levels. Thus, it can be assumed that such countries are likely to face carbon curse issues which come from natural resource consumption. Against this backdrop, identifying potential and effective de-cursing mechanisms is an important task for these nations. Thus, this study is motivated to examine the role of fintech, green innovation, financial and economic development, and natural resources in the per capita CO2 emissions of resource-rich economies. Major Asian economies are chosen as the study sample, and only data from the COVID-19 pandemic period is considered. Method of moments quantile regression (MMQR) is employed to examine the relationships and reveals that financial development and green innovation are both positive indicators of enhanced climate quality at all quantiles. However, natural resource rents and fintech have drastic effects on the sustainable environment as both constructs are responsible for higher emissions. This implies that, in order to build environmentally friendly systems, the innovation levels of industries should be improved, which is possible when green technology innovation is introduced. Green and renewable energy investment must increase to generate funds for low carbon environmental production.
A sharp increase in economic and human development has multiplied the carbon intensity due to which there is a significant need of effective strategies in order to curb carbon emissions. Thus, the present study aims to examine the effective of green finance, eco-innovation, renewable energy output (REO), renewable energy consumption (REC), and carbon taxes on carbon dioxide (CO2) emissions in BRICS countries in the time of 2001–2020. Cross-sectional autoregressive distributed lag (CS ARDL) is used to test the connection among the variables. Empirical estimations of CS-ARDL approach validates the effectiveness of green finance, eco-innovation, REO, REC, carbon taxes, and industrialization as the relationship of these factors with carbon emissions is negative in nature in BRICS economies. Based on the evidences, the study recommends the formulation of environmentally friendly practices and advancement in green finances to mitigate carbon emissions.
The current study explores the nexus of total quality management, human resource management, Agility in business, and firms’ financial performance. The current study's objective also investigates the moderating impact of emerging business competition among the nexus of total quality management, human resource management, Agility in business, and the firm's financial performance. The primary data has been gathered by using questionnaires from Chinese organizations' employees, while smart-PLS has been executed for analysis. The results exposed that total quality management, human resource management, and Agility in business positively associate with firms’ financial performance. The output also shows that the emerging business competition moderated among the nexus of total quality management, human resource management, and firms’ financial performance. These outcomes are suitable for the regulation-making authorities who want to develop quality and human management policies that could increase the firm performance.
This paper investigates the relationship between political influences and earnings manipulations because little has been known about the relationship between both variables using multiple proxies. The authors measure earnings manipulation using models developed by Bhattacharya et al. (2003) and McNichols (2002), for a large sample of 129 listed firms in Pakistan Stock Exchange over the period 2009–2013. This study finds that politically influenced firms are involved in accruals earnings management and lack transparency, implying lower earnings quality. Our findings are consistent with prior studies, which show the positive relationship between political influences and earnings manipulations. However, the authors add contribution by using three proxies of political influences. The findings are useful for regulators to monitor earnings manipulations activities among public listed companies. In addition, the findings add to the growing literature in the field of corporate governance.
In finance literature capital structure received considerable attention as factor affecting the profitability of firms. The aim of this paper is to contributes to literature on this factor (Capital structure) and evaluate its impact and nature of relationship with the profitability of Automobile companies listed in Karachi stock exchange.19 companies were selected as sample. Data is extracted from the publications of the relevant companies and website of stat bank of Pakistan from 2006-2012.Regression analysis and correlation test is used with the help of statistical package SPSS in order to predict the result. Study concludes that capital structure (Debt/Equity) is negatively associated with the profitability, which implies that an increase in debt capital caused a decrease in the profitability of the firms and vice versa. These results are supportive for the business companies during the financing of capital.