The study aims to analyze the contributions of green innovation, green energy production, and financial development to environmental quality with the moderating role of country governance. The study collects data from a panel of five South Asian economies from 2000 to 2018. The paper includes CIPS, a second-generation unit root to test the data's stationarity, and the Westerlund co-integration to investigate the long-term relationship between determinants. The Fully Modified and Dynamic Ordinary Least Square is applied to estimate the long-run coefficient and test the hypothesized relationship between selected determinants. The study finds that green innovation and green energy production negatively (positively) contribute to environmental degradation (environment sustainability). Moreover, financial development has a substantial impact on environmental degradation and sustainability, as per the findings. The study further finds a significant role of country governance in the relationship between green innovation, green energy production, environmental degradation, and environmental sustainability. Furthermore, country governance is improving the link between financial development and environmental degradation, and long-term sustainability.
Credit rating agencies have great significance in the growth of the financial industry by giving confidence to borrowers and lenders through expressing their opinion on the ability of the institution to meet its financial obligation through credit ratings. Therefore, if the governance structure is weak, credit rating agencies are likely to expect poor financial position and vulnerability of the stakeholders' interests. The purpose of this study is to determine whether the corporate governance characteristics of Islamic banks influence Islamic banks' credit ratings. Data is calculated from the annual reports of 22 banks in Pakistan for 14 years from 2007 to 2014. The results show that the board size, board members' independence, CEO tenure, blockholders, foreign investors, Shariah board size, education levels of Shariah supervisors, and Shariah board expertise negatively affect credit rating when bank-specific financial variables are used as the control variables. On the other hand, credit rating is positively correlated with board independence, foreign directors, women directors, board meetings, listing shares, size of audit committee members, audit committee meetings, changes in the structure of the shariah supervisory board, and foreign shariah experts. As a result, Islamic banks in Pakistan show strong corporate governance, leading to better credit ratings.
Individuals, executives lived experiences, and subjective information about every single action (ethical concern) you take is cautiously monetized and corroborated; false conspiracy theories and fake news, like various coronavirus thoughts, blow six times faster over social media is one of the practical case points as weaponizing social media and polarization, propaganda. These cosmetic modifications are tremendously popular among teenagers; plastic practitioners have underlined a new and unique syndrome for it. Persuasive Technology means everything we know about the psychology of what persuades people and builds that into a technological business attention extraction model to manipulate human behaviour for growth hacking. The term surveillance capitalism, explored by Twitter executives, says people must know everything online is being observed, pursued, and calculated. The former Twitter executive worked as senior vice president of engineering Tim Kendall (2021); members left Google in June (2017) due to ethical concerns. Positively, these sites have brought back together lost family members. They have sought out organ givers and saved lives. An expressive, systemic variation up-to-the-minute around the globe because of these platforms, but there is another side to see. This enquiry sheds light on the linkage between weaponizing social media, mental health and surveillance.
This study investigates the impact of financial development and economic growth on energy consumption by controlling variables such as urbanization and globalization in developing countries of Asia for the era of 1991-2019. Data related to financial development, economic growth, energy consumption and urbanization is collected from World Development Indicator and data related to globalization is collected from Konjunkturforschungsstelle (KOF) index of globalization. In this research Dynamic seemingly unrelated regression model is applied to test the hypothesis. According to the outcomes of DSUR the impact of financial development on energy consumption is positively substantial as increase of 1 unit in financial development brings 3.07% rise in energy consumption, the effect of GDP on energy consumption is positively influential as increase of 1 unit in GDP brings 0.29% increase in energy consumption and the influence of globalization is unfavorable but substantial as increase of 1 unit in globalization brings decrease of 15.57% in energy consumption. Moreover, the influence of urbanization on energy consumption is positive and considerable, as increase of 1 unit in urbanization brings 11.54% increase in energy consumption. Moreover, there is two way connections among GDP and financial development. Moreover, Asian countries should adopt energy conservation policies.
The present study shows that environmental degradation and environmental sustainability are two distinct domains of environmental quality. Regrettably, existing researchers interpret the impact of different factors on environmental sustainability as their findings are based on the explicit measure of the environment (CO2 or GHG emissions). Therefore, this study contributes to the ongoing environment debate by analyzing the role of human capital, information communication technologies, and research and development expenditures on environmental sustainability. The study further tests financial development's moderating role concerning human capital, information communication technologies, R&D expenditures, and environmental sustainability. In this regard, the study collects the annual time series data from the panel of four South Asian Economies (Pakistan, India, Sri Lanka, and Nepal) during 1996-2018 from WDI and Penn world databases. The findings of DOLS show that human capital, information, communication technologies, and R&D expenditures positively contribute to environmental sustainability and financial development, further intensifying the relationship between human capital and environmental sustainability, information and communication technologies, and R&D expenditures environmental sustainability. The study recommends that increasing human capital, information, and communication technologies, R&D expenditures, and financial development play a major role in promoting environmental sustainability
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.