Applying the General-to-Specific modelling on World Bank Enterprise Survey data for 266 economies, this paper models five performance indicators based 80 potential factors derived from firm characteristics, finance, informality, infrastructure, innovation, technology, regulation, taxes, trade and workforce concerning small medium enterprises (SMEs). We find that vary regarding statistical significance magnitude between enterprises. For example, percent of firms using e-mail to interact with...

Purpose Based on a sample of 1,872 firm-year observations for 573 global firms over the period 2013–2016, this study aims to provide empirical evidence how environmental, social and governance (ESG) performance affects corporate creditworthiness as measured by credit default swap (CDS) spreads. Design/methodology/approach The authors use regression model that accounts country, industry time-fixed effects well instrumental-based Generalized Method Moments (GMM) approach dynamic panel...

Purpose The purpose of this paper is to examine the moderating effect religiosity on relationship between awareness and purchase decision halal foods. Design/methodology/approach Using a convenience sampling procedure, 200 questionnaires were distributed various local higher education institutions with 64% response rate. A moderated regression analysis used test decision, as variable. Findings As expected, authors find that among sample, level toward foods high, positive significant....

Purpose This study aims to examine the nexus between CAMELS, risk-sharing financial performance and Islamic banks' stability. It also attempts assess conditioning effects of institutional quality in relationship contracts stability banks. Design/methodology/approach The quantitative research design was employed using secondary data from 20 banks six countries over period 2007–2019. utilized feasible generalized least squares method for analysis. Findings results indicate that not all CAMELS...

Abstract The spotlight of this study is to examine whether environmental, social, and governance performance affects the financial microfinance institutions (MFIs). topic has been much interest researchers policymakers due increased awareness among stakeholders on adverse social environmental impacts business actions. Using a dataset covering 5 years for 62 MFIs across 34 countries, we find that no impact MFIs. As social–financial nexus, our results reveal positive relationship using depth...

Amid growing concern over sustainability issues, there is increasing demand to incorporate environmental and social issues into assessments of credit risk, the possibility loss resulting from a borrower’s failure meet their financial obligations. In this paper, we sought identify empirical evidence relationship between measures risk. We contribute literature in three main ways: firstly, by using measure that considers materiality across different industries; secondly, corporate default swap...

Purpose There has been a burgeoning interest in exploring the impact of uncertainty factors on share returns. However, studies influence global financial uncertainties emerging market sectoral indices are scarce. Thus, there is need to have thorough investigation connection between and indices. To fill this gap, using theoretical framework international portfolio diversification (IPD) utilizing data from 2008 2021, study examines spillover (GUIs) leading 28 markets....

Purpose The purpose of this paper is to elucidate the concept ḍamān al-milkiyyah (ownership risk) and assess its application in contemporary Islamic financial products services. Design/methodology/approach methodology adopted that descriptive research. Findings From an law contract perspective, central legitimate profit-making transactions hence must be adhered practical applications finance. Research limitations/implications This study should help motivate further investigation into...

Purpose Islamic banks, despite being Shariah-compliant, have long been criticized for mimicking conventional banks in terms of their products and processes (Khan, 2010; Kuran, 1996). However, several do engage philanthropy ( zakat charity) risk-sharing financing mudarabah musharakah ) instruments that better meet raison d'etre, the fulfillment Maqasid al-Shariah (Jatmiko et al ., 2023). These contracts, however, are more susceptible to moral hazard adverse selection problems than traditional...

Objective: This study aims to evaluate the impact of Digital Financial Inclusion (DFI) on profitability banks in developing countries, by constructing a novel comprehensive DFI index and employing dynamic panel analysis. Design/Methods/Approach: The research involves sample 111 across nine nations from 2016 2020. A new was constructed encapsulate both access usage dimensions DFI, along with demographic geographical considerations, using Principal Component Analysis (PCA). empirical framework...

This study aims to explore the effect of board gender diversity on Environmental, social, and governance (ESG) disclosures Fortune-500 non-financial firms in United States, with meeting attendance served as a moderator.This employed sample US companies between 2013 2021.In this we utilized panel data for 343 from Bloomberg database, which included 2145 firm-year observations.The results indicate significant positive association ESG disclosure.In addition, there is relationship individual...

Using hand collected information of Shariah scholars in 114 Islamic banks from 17 countries between 2012 and 2019, we investigate the link reputation Supervisory Boards (SSBs) intermediation margins. Consistent with resource-based view signalling theory, find a positive association reputable SSBs higher margins after controlling for several bank-level macroeconomic variables. These findings are robust across variety different estimation methods as well alternative measures bank performance....

This study uses a combination of archival and documentary research, as well quantitative analysis, to uncover the evolution impact banking regulations on economy Brunei Darussalam. Available evidence suggests that throughout most 20th century, regulators adopted laissez-faire approach with minimal in industry. However, financial crises tend trigger regulatory reforms. Growing household indebtedness bankruptcies were precursors introduction major institutional changes, including establishment...

This study looks at carbon emissions among the Association of Southeast Asian Nations (ASEAN) countries during period 2000–2019. Through panel data using both pooled ordinary least squares (OLS) and square regressions, Environmental Kuznets Curve (EKC) hypothesis is tested as well a model which includes GDP per capita, foreign direct investment (FDI), energy use, trade an interaction term between FDI use. The built from being expanded existing FDI–energy nexus. A cointegration test also...