Journal of Accounting and Finance in Emerging Economies最新文献_第2页

A Hand in Glove Theorem of Dividends and Earnings: Evidence from the Financial Sector of Pakistan 股利与收益的紧密联系定理:来自巴基斯坦金融部门的证据

Journal of Accounting and Finance in Emerging Economies Pub Date : 2022-06-30 DOI: 10.26710/jafee.v8i2.2374

K. Islam, Zeeshan Saeed, Samina Sardar, Imtiaz Ahmed Khan

{"title":"A Hand in Glove Theorem of Dividends and Earnings: Evidence from the Financial Sector of Pakistan","authors":"K. Islam, Zeeshan Saeed, Samina Sardar, Imtiaz Ahmed Khan","doi":"10.26710/jafee.v8i2.2374","DOIUrl":"https://doi.org/10.26710/jafee.v8i2.2374","url":null,"abstract":"Purpose: The available literature on various sectors to examine the impact of earnings on dividend payments, indicates that still, extensive research lacks in the financial sector of Pakistan. The rationale behind paying higher dividends has been observed in emerging countries like Pakistan to maintain a strong financial footing. This study aims to investigate various factors that can influence dividend payouts. Design/Methodology/Approach: ARDL approach has been used to establish a long-term impact of selected variables on dividend payouts. Data of 50 financial listed firms for 2000-2021 has been used to subsume the impact of earnings-related variables on the dividend payouts of the financial companies of Pakistan. \u0000Findings: Results indicate that market capitalization, ROA, EPS, and firm size have a significant and positive impact on dividend decisions, while leverage generates a significant inverse impact on dividend declarations. The study also indicates discretionary accruals (a factor in earnings management under IAS) do not impact dividends significantly. ROE has no impact on the volume of dividends due to the specific nature of the firms under study. \u0000Implications/Originality/Value: The study demonstrates a conjecture that the financial sector must maintain its dividends not only to retain its old stakeholders but also to recruit new ones.","PeriodicalId":52706,"journal":{"name":"Journal of Accounting and Finance in Emerging Economies","volume":"40 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75241252","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Portfolio Optimization Using Mean-Semi Variance approach with Artificial Neural Networks: Empirical Evidence from Pakistan 基于人工神经网络均值-半方差方法的投资组合优化:来自巴基斯坦的经验证据

Journal of Accounting and Finance in Emerging Economies Pub Date : 2022-06-30 DOI: 10.26710/jafee.v8i2.2364

Alia Manzoor, Safia Nosheen

{"title":"Portfolio Optimization Using Mean-Semi Variance approach with Artificial Neural Networks: Empirical Evidence from Pakistan","authors":"Alia Manzoor, Safia Nosheen","doi":"10.26710/jafee.v8i2.2364","DOIUrl":"https://doi.org/10.26710/jafee.v8i2.2364","url":null,"abstract":"Purpose: The challenge of managing a portfolio effectively is allocating capital among numerous stock holdings to achieve maximum profit. Therefore, the purpose of this study is to guide investors in developing optimal portfolios in the stock market of Pakistan. \u0000Design/Methodology/Approach: To pick and optimize a portfolio in the most effective way possible, we used the daily closing stock prices of a sample of listed firms at the Pakistan stock exchange. The study applied the mean semi-variance approach and compared the performance of portfolios with equally weighted portfolios under artificial neural networks and historical-based return estimation in Pakistan. \u0000Findings: The result shows that artificial neural network-based estimation of the expected return vector has outperformed the historical return estimation under mean semi-variance portfolio optimization and constrained mean semi-variance portfolios based on the Sharp ratio in Pakistan. \u0000Implications/Originality/Value: The study suggests that investors, fund managers, and portfolio analysts should focus on the more sophisticated neural network-based choice for the development of portfolios in the equity market of Pakistan. ","PeriodicalId":52706,"journal":{"name":"Journal of Accounting and Finance in Emerging Economies","volume":"6 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73199333","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Impact of Green Intellectual Capital on Sustainable Green Banking: Moderating Role of Competitive Pressure 绿色智力资本对可持续绿色银行的影响:竞争压力的调节作用

Journal of Accounting and Finance in Emerging Economies Pub Date : 2022-06-30 DOI: 10.26710/jafee.v8i2.2294

A. Zahra, Huma Ayub, Abdullah

{"title":"Impact of Green Intellectual Capital on Sustainable Green Banking: Moderating Role of Competitive Pressure","authors":"A. Zahra, Huma Ayub, Abdullah","doi":"10.26710/jafee.v8i2.2294","DOIUrl":"https://doi.org/10.26710/jafee.v8i2.2294","url":null,"abstract":"Purpose: Adoption of an environmentalist perspective in banking operational base through social, economic, and environmentally sustainable activities becomes debatable for firm performance. The study aims to examine the impact of green intellectual capital on sustainable green banking and the moderating role of competitive pressure between them. \u0000Design/Methodology/Approach: The study surveyed by using self-administrative questionnaires from the bank employees of Rawalpindi and Islamabad. The data was collected from a sample size of 351 by using a random sampling technique. The measures of Green Intellectual Capital (GIC) are encompassed three elements as Green human capital (GHC), Green Structural Capital (GSC), and Green Relational Capital (GRC) comprising 18 items (Yusof, Omar, Zaman, & Samad, 2019) and moderator competitive pressure comprising of 7 items was adopted (Sophonthummapharn, 2009). \u0000Findings: The result of the study shows that green intellectual capital positively contributes toward achieving sustainable green banking. Competitive pressure moderates the said relationship in the context of the Pakistani banking sector. The finding of the study implies that banks in Pakistan implement green activities because of the competitive force of the external environment and achieve both sustainability in terms of environmental protection and less amount of carbon print. Therefore, banks have more focus on the use of green intellectual capital containing green human capital, green structural capital, and green relational capital than the banks achieve sustainable green banking. \u0000Implications/Originality/Value: The study provides a practical implementation for banks to move towards sustainable green banking. ","PeriodicalId":52706,"journal":{"name":"Journal of Accounting and Finance in Emerging Economies","volume":"5 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77590604","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Role of Media in Depression to The Viewers Watching Covid 19 Related News 媒体在抑郁症中的作用对观看Covid - 19相关新闻的观众

Journal of Accounting and Finance in Emerging Economies Pub Date : 2022-06-30 DOI: 10.26710/jafee.v8i2.2267

A. Ullah, Abdul Majid Khan, Mahwish Siraj

{"title":"Role of Media in Depression to The Viewers Watching Covid 19 Related News","authors":"A. Ullah, Abdul Majid Khan, Mahwish Siraj","doi":"10.26710/jafee.v8i2.2267","DOIUrl":"https://doi.org/10.26710/jafee.v8i2.2267","url":null,"abstract":"Purpose: The prevalence of depression among the general population is closely associated with exposure to COVID-19-related news but being a recent phenomenon, little work has been done on this issue. The focus of the present study is to hypothesize the relationship between media exposure to COVID-19-related news and the prevalence of depression across populations in Khyber Pakhtunkhwa, Pakistan. and comparatively, measure the source of news watching on a gender basis during Covid-19 among the different age groups. \u0000Methods: Primary data were collected from 1150 respondents in Khyber Pakhtunkhwa, Pakistan through a structured questionnaire. Chi-square tests were applied to measure the relationship between media exposure to covid-19 news and depression at bi-variate and multivariate analyses. \u0000Findings: Results disclosed that media exposure to covid-19 relates news causes depression among people. In addition, Media exposure was significantly associated with the respondent’s mental health problems at a 0.01 level of significance. \u0000Implications: Findings of the study confirm most of the previous scholarly work on this issue, which concludes that watching Covid-19-related news is closely associated with a consequent increase in depression. The study recommended that health intervention campaigns should be initiated by the government on media to decrease the level of fear among people. The study also recommended that content spreading false information regarding COVID-19 may also be removed by the government from the media. Moreover, medical specialists and psychologists may be called to different media programs to share useful information about the pandemic. Official pages, containing the correct and useful information on the said pandemic, may also be created on various social sites by the government authorities for the benefit of the general population. ","PeriodicalId":52706,"journal":{"name":"Journal of Accounting and Finance in Emerging Economies","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89428695","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Risk Identification and Assessment in Sustainable Housing Project: A Case of Housing Sector in Pakistan 可持续住房项目的风险识别与评估:以巴基斯坦住房行业为例

Journal of Accounting and Finance in Emerging Economies Pub Date : 2022-06-30 DOI: 10.26710/jafee.v8i2.2288

Usman Ahmad, Bu-Hulaiyem Sami, Azam Khan

{"title":"Risk Identification and Assessment in Sustainable Housing Project: A Case of Housing Sector in Pakistan","authors":"Usman Ahmad, Bu-Hulaiyem Sami, Azam Khan","doi":"10.26710/jafee.v8i2.2288","DOIUrl":"https://doi.org/10.26710/jafee.v8i2.2288","url":null,"abstract":"Purpose: The study aims to identify the risk factors that are associated with the housing projects in Pakistan based on their relative importance. Moreover, this study intends to highlight the extreme, high and low risks that are involved in housing projects. \u0000Design/Methodology/Approach: The study adopts the quantitative research method and conducted a survey through a five-point Likert scale questionnaire. The study has collected 168 responses from the project managers, contractors, designers and consultants of housing projects in Pakistan. In order to examine the relative importance of the risk, the study has applied the Relative Importance Index (RII) method to analyse the risks. \u0000Findings: The results of the study depict that there are five extreme \u0000risks, ten high risks and 13 low risks which may contribute harm the sustainability of the housing projects. Moreover, all the critical risk factors have high probability of occurrence and extreme impact on the sustainability of the housing projects in Pakistan. \u0000Implications/Originality/Value: The practitioners are recommended to develop such projects that should not damage the ecology of the region in which they are located. Also the land should be determined on the basis of sociological and environmental consideration and not on land value alone.","PeriodicalId":52706,"journal":{"name":"Journal of Accounting and Finance in Emerging Economies","volume":"178 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83429304","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Mediating Role of Perceived Fairness between Organizational Commitment, Organizational Trust and Work Engagement of Female Faculty Members of Public Sector Universities in Punjab, Pakistan 知觉公平在旁遮普公立大学女教师组织承诺、组织信任和工作投入之间的中介作用

Journal of Accounting and Finance in Emerging Economies Pub Date : 2022-06-30 DOI: 10.26710/jafee.v8i2.2386

Quaisar Ijaz Khan, Mohsin Bashir, Maham Ali, Aqsa Javaid

引用次数: 1

Transformational and Transactional Leadership as a Function of Employee Performance 变革型和交易型领导对员工绩效的影响

Journal of Accounting and Finance in Emerging Economies Pub Date : 2022-06-30 DOI: 10.26710/jafee.v8i2.2414

M. Adnan, Muhammad Ahsan Ali, Sidra Rafiq, Ayesha Malik

引用次数: 0

Volatility between Conventional and Islamic Stock Market 传统和伊斯兰股票市场之间的波动

Journal of Accounting and Finance in Emerging Economies Pub Date : 2022-06-30 DOI: 10.26710/jafee.v8i2.2359

Raja Muhammad Ahsan Ilyas, Sehrish Kayani, Akhlaq Fazil

{"title":"Volatility between Conventional and Islamic Stock Market","authors":"Raja Muhammad Ahsan Ilyas, Sehrish Kayani, Akhlaq Fazil","doi":"10.26710/jafee.v8i2.2359","DOIUrl":"https://doi.org/10.26710/jafee.v8i2.2359","url":null,"abstract":"Purpose: This study investigates the degree and extent of volatility interdependence between the Islamic and conventional stock markets represented by using the Dow Jones indices for the period spanning from Dec 1, 2008, to Dec 31, 2016. \u0000Over the last two decades, the stock market has developed rapidly as a new investment instrument and these investments haven't solely extended within the money market and conventional market but also in the developing Islamic markets. \u0000Design/Methodology/Approach: GARCH(1,1) conditional volatility series are generated and then further used the Quantile regression approach on volatility series to check the financial markets’ interdependence. \u0000Findings: The results show that stock markets are interdependent on all three quantile levels. Accordingly, the structure of interdependence is asymmetric for both Islamic and conventional stock markets. \u0000Implications/Originality/Value: Investors, government regulators, and academics can all learn from the findings of this study. The potential for spillover of volatility from conventional stock markets to Islamic stock markets can be effectively countered by investors who develop and implement their unique strategies.","PeriodicalId":52706,"journal":{"name":"Journal of Accounting and Finance in Emerging Economies","volume":"7 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87868828","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Corporate Governance Practices and its Impact on Efficiency of Working Capital Management (A Case Study of Pakistan) 公司治理实践及其对营运资金管理效率的影响(以巴基斯坦为例)

Journal of Accounting and Finance in Emerging Economies Pub Date : 2022-06-30 DOI: 10.26710/jafee.v8i2.2297

M. Kamran, Adnan Ali Choudhary, Faiqa Kiran, J. Nazir

引用次数: 0

Impact of Employee Engagement and Work Culture on Transformational Leadership of Female Teachers of Secondary Schools: A Mediating Role of Work-Life Balance 员工敬业度和工作文化对中学女教师变革型领导的影响:工作与生活平衡的中介作用

Journal of Accounting and Finance in Emerging Economies Pub Date : 2022-06-30 DOI: 10.26710/jafee.v8i2.2413

Ayesha Malik, Muhammad Ahsan Ali, Sidra Rafiq, M. Adnan

{"title":"Impact of Employee Engagement and Work Culture on Transformational Leadership of Female Teachers of Secondary Schools: A Mediating Role of Work-Life Balance","authors":"Ayesha Malik, Muhammad Ahsan Ali, Sidra Rafiq, M. Adnan","doi":"10.26710/jafee.v8i2.2413","DOIUrl":"https://doi.org/10.26710/jafee.v8i2.2413","url":null,"abstract":"Purpose: As more and more organizations are adopting transformational leadership practices, there has been an increased focus on employee engagement and work culture in both the academic and practitioner communities in recent years. Specifically, this study examines the effects of employee engagement and work culture on transformational leadership among female secondary school teachers of Pakistan in terms of their work life balance. \u0000Design/Methodology/Approach: To collect data from the 196 female teachers of secondary schools in Pakistan, a questionnaire was distributed using a convenient sampling technique. In order to analyze the collected data from the designated sample of the target population, an inferential statistical technique known as Structural Equation Modelling - Partial Least Squares (SEM-PLS) was employed. \u0000Findings: Based on the findings of the study, employee engagement and work culture have a positive correlation with transformational leadership. The correlation between employee engagement and work culture with transformational leadership was also significantly mediated by work life balance. \u0000Implications/Originality/Value: When professionals practice work life balance, employees' transformational leadership begins to rise in secondary educational institutions. The study will be of substantial assistance and benefit to policymakers and administrators of secondary schools, as well as researchers in Pakistan. Consequently, they will be able to adjust their programs and policies in order to meet the professional needs of female teachers in regard to employee engagement, work culture, and work life balance.","PeriodicalId":52706,"journal":{"name":"Journal of Accounting and Finance in Emerging Economies","volume":"18 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82471261","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1