Muhammad Zahid

Bahria Business School Bahria University Karachi Campus

Most of the previous empirical studies focused on the direct role of Corporate Sustainability Practices (CSP) as a composite construct in mitigating Earnings Management (EM) and produced equivocal outcomes. Therefore, this study not only examines the role of CSP as a combined construct but also as its three separate dimensions – social, economic, a...

Purpose-This study aims to examine the role of Pakistan's banking industry in the transition toward a circular economy (CE) and the implementation of sustainable development goals (SDGs). Design/methodology/approach-This study uses a qualitative content analysis technique on 75 annual reports of 25 Pakistani banks. Data has been collected from webs...

This study investigates whether sentiments play any role while investors make financial decisions which results in the stock returns. The paper analyzes the major two sports events (2016-2017) of Pakistan Super League (PSL). The study utilizes the stock market data from Pakistan Stock Exchange (PSX)-100 index for the period of two financial years s...

The aim of the study was to investigate the green finance disclosure and its effect on the financial performance of KSE-100 listed companies in Pakistan. Green finance disclosure, Tobin's Q, and several control variables such as firm age, size and leverage were the variables tested and evaluated using Generalized Least Squares regression (GLS). Sec...

This study aims to comprehensively explore the multidimensional landscape of sustainable finance through a thematic analysis approach. With a dataset of 138 articles retrieved from the Scopus database, the study employs VOSviewer for co-word analysis, revealing four interconnected thematic clusters. These clusters, representing economic, environmen...

This study aims to inquire whether it is the mere female directors or their certain attributes that improve the quality of corporate sustainability disclosures (QCSD). Annual and sustainability reports are used to obtain data for 300 non‐financial Pakistani listed companies selected through stratified random sampling for the period 2012–2021. The s...

This study examines the impact of four main dimensions of Green Supply Chain Management (GSCM) i.e., Internal Environmental Management (IEM), Green Purchasing (GP), Eco-design (ED), and Collaboration with Suppliers and Customers (CSC) on firms’ Sustainable Performance (SP) - (environmental, social, and economic). The study collected data through an...

ABSTRACT This study probes the effect of Environmental, Social, and Governance (ESG) (as a composite construct and separate dimensions) on Firm Performance (FP) measured by ROA and Tobin’s Q directly and through the unique moderation of sustainability strategy and top management commitment. The study uses a stratified random sample of 255 non-finan...

This study aims to examine the impact of ESG practices on the financial performance of the banking industry of Pakistan during the pre and COVID-19 periods. The data were collected from the annual reports of selected banks for the pre-COVID-19 period (2018) and the COVID-19 period (2020). Results of the t-test show that there is a significant diffe...

Recent years have seen a burgeoning interest in the involvement of corporate sustainability (CS) in sustainable development (SD), yet both concepts are fewer and newer in the academic field. This study aims to present a thorough bibliometric analysis that provides fresh new insights on the subject. Using VOSviewer software, this study analyzed and...

This study investigates whether green supply chain management (GSCM) practices help companies to be resilient against the buffer effect in the context of COVID-19. Building on the instrumental version of stakeholder theory, companies implementing GSCM practices should build environmental skills and competitive advantage to cope with a crisis caused...

The primary purpose of the research is to investigate the mediating role of corporate sustainability in the relationship between the impacts of transformational leadership on the performance of firms. This study also aimed to investigate the moderating role of knowledge-sharing on the relationship of transformational leadership with corporate susta...

This study inquires the impact of the third Malaysian Code on Corporate Governance (MCCG 2012) introduced in March 2012 on the level of Boardroom Gender Diversity (BGD) and its possible association with Firm Financial Performance (FFP). To capture the difference, if any, the study compares a stratified random sample of 300 non-financial companies l...

Most of the prior literature focused on the scope, dimensions, importance, and business case of Corporate Sustainability (CS). A few studies also addressed the successful adoption or implementation of CS. Therefore, this study, by following the sequential process of stakeholder theory, adopts a holistic approach to inquire the impact of integrated...

Behavioral finance has been a developing area that observes human behavior in finance. The behavioral finance theories are built on human psychology; which attempts to understand the effect of emotions and cognitive errors on individual investor behavior. The objective of the present study was to identify the leading behavioral biases such as overc...

This article aims to investigate the level of public awareness and perception regarding carbon capture and storage (CCS) and climate change in Malaysia. The article also aims to identify those social, economic and environmental issues which affect CCS and combating climate change in the country. The findings revealed that more than 79 percent of th...

The purpose of the study is to investigate the impact of green human resource management (HRM) on the green organization culture and organizational performance. Moreover, the study also aims to examine the mediating role of green organization culture in the relationship of green HRM components and organizational performance. The data were collected...

This study aims to examine the impact of the recently introduced Corporate Governance Code (CGC) of the Security Exchange Commission of Pakistan (SECP) on shareholders' confidence. The four recommendations of the CGC 2017 included in the study are female directors, independent directors, independent chairman of the audit committee, and board size....

This study investigates whether sentiments play any role while investors make financial decisions which results in the stock returns. The paper analyzes the major two sports events (2016-2017) of Pakistan Super League (PSL). The study utilizes the stock market data from Pakistan Stock Exchange (PSX)-100 index for the period of two financial years s...

While the literature indicates that Islamic Corporate Governance (ICG) practices enhance firm performance, there is scant research on how sustainability practices affect the nexus between ICG and firm performance. To address this knowledge gap, this study developed a framework for conceptualizing the moderating effect of sustainability practices on...

This study aimed to develop and validate a new scale for measuring the sustainability and development of branchless banking. The study followed the scale development procedure based on Exploratory Factor Analysis (EFA) and Confirmatory Factor Analysis (CFA) using SPSS 22 and Structural Equation Modelling (SEM) analyses through SmartPLS. The data wa...

The current study focuses on the impact of board room gender diversity on the Environmental Sustainability (ES) of firms. The study selects a sample from the banking sector in Pakistan from 2011 to 2018. Content analysis is used for the measurement of ES. Those Boards which has enough strong combination of gender diversity probably deliver addition...

The behavioural biases impact the decision-making of individual investor in the stock market, hence, modern finance theories presumed that investor does not make a rational decision. This research paper aims to examine the impact of behavioral factors on environmental issues regarding individual investor's decision-making in the Stock Market of Pak...

The purpose of the paper is to examine the impact of corporate governance on environmental, social, and governance (ESG) performance. This paper also investigates the influence of corporate governance on environmental, social, and governance (ESG) disclosure. The majority of previous empirical research studies have either centered on ESG disclosure...

This study aimed to investigate the impact of some important Sustainable Development Goals (SDGs), such as the decent workplace, climate change, and economic sustainability on firm financial performance (see Goals 8 and 13). By adopting an index from the previous literature, this study collected data from the annual and sustainability reports of th...

This study aims to determine the impact of environmental sustainability (ES) on firm financial performance (FFP). The study also examines the mediation of ES in the relationship between integrated management strategies (IMS) and FFP. By employing the content analysis technique for global reporting initiative (GRI) framework, the study collected des...

Purpose This paper aims to examine the impact of women directors on corporate performance (CP) and the mediating role of board monitoring in their relationship. Design/methodology/approach The ordinary least squares with panel corrected standard errors are used as a primary estimator along with three other estimators to check the robustness of the...

This study investigates the impact of women directors (WOB), independent directors (BIND), board size (BSIZE), and Sustainability Committee (SC) on Firm Financial Performance (FFP) with a unique mediation of Corporate Sustainability Practices (CSP) in a stratified random sample of 255 non-financial Pakistani listed companies from 2012 to 2016. By u...

The substantial focus on achieving corporate sustainability has necessitated the implementation of green human resource management (GHRM) practices. The purpose of this paper is to reveal the industries' perspective of the impact of GHRM practices (i.e., green recruitment and selection, green pay and rewards, and green employee involvement and gree...

Most of the prior literature has focused on the structure, independence, and gender diversity of the board. Therefore, this study aims to examine the effect of some rarely investigated characteristics of the board like compensation, education, and experience of the directors on firm financial performance measured by ROA and ROE. To estimate the hyp...

Purpose Sustainability in higher education has gained the attention of researchers and academia; however, there is still a need to explore and assess it from different perspectives that are unexplored. This study aims to evaluate and report sustainability and sustainable development in the higher education sector of Pakistan. Design/methodology/ap...

This study analyzes the effects of gender diversity and corporate governance on firms' performance in Asian major economies. The study finds a positive and significant impact of gender diversity on firms' performance. Besides, the study explored the significant role of executive female directors as compared to non-executive female directors. The im...

The closed-loop supply chain management (CLSCM) is an attractive research field for the corporate and academic worlds; however, closing the loop is not a simple task. Reverse logistics activities increase management complexities and uncertainties by establishing multi-fold collection and return management processes. Unlike traditional supply chain...

The current study is an effort to investigate the relationship between technological innovation, structural changes, and carbon dioxide emission (CO2) along with the energy use and economic growth in the context of environmental Kuznets curve (EKC) over a period from 1985 to 2016. The study adopted the Zivot Andrews unit root test to check for the...

The prior diversity-related literature is mostly dominated by the boardroom gender diversity of the top or large companies of the developed countries. Consequently, this study investigates the impact of the rarely investigated boardroom diversity-related dimensions like directors' age and ethnicity on the financial performance of 360 randomly selec...

This study aims to inspect the impact of tourist’s arrivals, structural change, economic growth and energy use on carbon dioxide emissions in Pakistan over the period 1981–2017. The study based on unit root tests employed Autoregressive Distributed Lagged (ARDL) bounds and Bayer and Hanck [2013. Combining non-cointegration tests. Journal of Time Se...

The marvelous development in the Islamic banking necessitates sustainable practices in the emerging industry. This study intends to ascertain the most followed or usual sustainability key performance indicators (KPIs) in the Islamic banking industry of Malaysia and Pakistan. For developing the sustainability KPIs index, the study follows the system...

This paper aims to examine the relationship of SHRM horizontal fit with the organizational performance outcomes in the context of Pakistan. The study was designed, by observing the significance of SHRM, its unexplored nature in the organizations operating under the finance and insurance sector of Pakistan to leverage the contributions of SHRM horiz...

This paper aims to examine the relationship of SHRM horizontal fit with the organizational performance outcomes in the context of Pakistan. The study was designed, by observing the significance of SHRM, its unexplored nature in the organizations operating under the finance and insurance sector of Pakistan to leverage the contributions of SHRM horiz...

Most of the prior literature that investigated the nexus between corporate sustainability disclosures (CSD) and firm financial performance (FFP) has largely been ignored the potential problem of endogeneity. The omitted variable(s), measurement error, and reverse causality, which are the known causes of endogeneity, may also be the possible reasons...

Ecopreneurship is an emerging field of interest in a world grappling with achieving social and economic growth, making frugal use of natural resources as well as preventing pollution simultaneously. In this qualitative study, ten multi-stakeholders of various backgrounds, including the National Incubation Center, Trade Development Authority, Chambe...

The aims of the current study were to investigate the regulatory factors recommended by the Malaysian Code on Corporate Governance (MCCG) 2012 for the improvement of environmental, social, and governance (ESG) practices. The study employed ESG index based on GRI framework for data collection from 878 Malaysian public listed companies for three year...

Purpose The integration of sustainability is more matured in the corporate sector. However, the topic received less attention in higher education institutions (HEIs). Therefore, this study aims to conceptualize an integration framework and proposes sustainability integration and implementation index in the HEIs. Design/methodology/approach The ind...

This study aims to investigate the impact of corporate social responsibility disclosures (CSRD) on the financial performance of the Islamic banking industry of Pakistan. The study employed the method of content analysis for collecting the required data from annual reports of all four full-fledged Islamic banks operating in Pakistan from 2012 to 201...

Psychosocial hazards present in workplaces are being actively investigated by researchers from multiple domains. More research and resources are required to investigate the debilitating consequences of these hazards in the developing and underdeveloped countries where this issue remains one of grave concern. This study aims at investigating the psy...

In today's world almost all societies are aware of the importance of female education. Islam is a complete code of life, where the concept of female education is clear and important. There is no restriction and confinement on female education.The teachings without any discrimination are alike for both genders. Therefore, being a Muslim, it is our r...

All organisations are adopting the project-based approach to carry out operational and business activities. There are many challenges of knowledge management during the project management life cycle because every project has unique characteristics with a changing workforce. Project management involves the leadership and critical decision making whi...

This investigation inspects the link of some specific CG attributes pertaining to the board with the financial health of the 23 banks from the banking industry of Pakistan from 2011 to 2017. The independent directors and board size positively influence ROE and ROA. However, women directors negatively affect the ROE and ROA which might be owing to t...

This study aims to investigate the business case of academic directors on the boards of randomly selected 350 non-financial Malaysian listed companies for 5 years from 2010 to 2014. The findings revealed thatonly 6.56% of the board seats held by academic directors. By employing Seemingly Unrelated Regression (SUR) and Driscoll-Kraay Standard Errors...

Corporate sustainability in business practices expected to improve several strategic issues. Besides other, it has an important role in improving workplace sustainability. The current study investigated the level of workplace sustainability practices in Malaysian Public Listed Companies (PLCs). An index of 16 workplace sustainability practices deve...

The current study investigates the impact of government initiatives, integrated strategies and some key internal factors on corporate sustainability practices (CSP) in Malaysian public listed companies (PLCs). Ordinary Least Squares (OLS) employed to a pooled data composed of 878 firm-year observations of 12 sectors of Malaysian PLCs from 2011-2013...

We conceptualize that psychosocial safety climate (PSC) has a positive effect on employees' safety behavior by reducing their psychological distress. A high-level PSC environment reduces psychological distress by eliminating the employees' need for devoting psychological resources toward safety concerns. This preserves psychological resources to be...

Objective: To compare the occurrence, distribution and management of clefts of lip and palate in local patients with the available data from India and China. Methods: The retrospective study was conducted at the Interdisciplinary Research Centre in Biomedical Materials, COMSATS University Islamabad, Lahore Campus, Lahore, Pakistan, and comprised...

This study identified that accounting for endogeneity in bankruptcy forecasting models have been widely over-sighted. This study used Altman’s bankruptcy forecasting model to examine bankruptcy rates of the Islamic and conventional banks in Malaysia. Data for this study were collected from the post-crisis period 2009–2013. The results showed that t...

The aims of the current study were to investigate the regulatory factors recommended by the Malaysian Code on Corporate Governance (MCCG) 2012 for the improvement of environmental, social, and governance (ESG) practices. The study employed ESG index based on GRI framework for data collection from 878 Malaysian public listed companies for three year...

The renowned agency theory and thus most of the corporate governance (CG) regulations which are based on the theory stress upon the independence of corporate boards and its various committees such as nomination and audit, among others. However, the review of the specific and relevant previous empirical literature does not fully support this myth by...

This article aims to investigate the level of public awareness and perception regarding carbon capture and storage (CCS) and climate change in Malaysia. The article also aims to identify those social, economic and environmental issues which affect CCS and combating climate change in the country. The findings revealed that more than 79 percent of th...

The increasing awareness on Islamic banking and finance has created a huge demand for Shari’a based or Shari’a compliant products. Banks, especially are trying to capture this huge market by either converting themselves into a full fledge Islamic banks or opening a window for the Islamic based transactions. This study highlights the reasons why...

Branchless Banking (BB) is an emerging financial segment also known as “banking beyond branches”. Branchless banking has viable opportunities for old as well as new entrants in technology based businesses. The strategic alliances and integrations with banks, mobile network operators (MNO’s), agents, and infinite retail-outlets have the opportunity...

The sustainable development (hereafter, S.D.) aims a growth that could satisfy the wants and needs of present generation without affecting future generations. Accordingly, this study investigates the role of HEIs in S.D. by selecting the case of Universiti Teknologi PETRONAS, Malaysia. The study adapted the universities sustainable development init...

Public awareness is crucial to mitigate negative impacts on the environment. The aim of the study is to explore the level of public awareness in five states of Malaysia (Perak, Melaka, Johor, Pahang and Terengganu) regarding carbon dioxide (CO2) emissions, climate change and carbon capture and storage (CCS). A questionnaire floated for exploring pu...

This paper investigated the quality of reporting regarding different dimensions (economic, environmental, social) of corporate sustainability (CS) in Malaysia. The paper examined the quality of CS disclosure on the basis of global reporting initiative in a sample of 113 listed companies from real estate investment trusts and property sectors for 4...

This paper investigated the quality of reporting regarding different dimensions (economic, environmental, social) of corporate sustainability (CS) in Malaysia. The paper examined the quality of CS disclosure on the basis of global reporting initiative in a sample of 113 listed companies from real estate investment trusts and property sectors for 4...

Firm's response to environmental sustainability has increasingly become important to business research and practices over the past decades. The rapid depletion of natural resources, climate change, and concentration on greenhouse gas emissions grabbed much of the attention of regulators, researchers, academia and practitioners around the world. Thi...

Corporate sustainability practices among Malaysian REITs and property listed companies

This paper investigated the quality of reporting regarding different dimensions (economic, environmental, social) of corporate sustainability (CS) in Malaysia. The paper examined the quality of CS disclosure on the basis of Global Reporting Initiative (GRI) in a sample of 113 listed companies from REITs and property sectors for four years i.e. from...

The emergence of sustainability has posed some serious challenges and attractive opportunities in today's corporate world. Though sustainability is considered incredible these days, but still it lacks the proper integration and implementation in business practices. Hence, the academia, industry, regulators and governments have profound concerns reg...

Though the previous literature exhibits wide theoretical as well as empirical contradictions regarding the relationship between boardroom diversity and firms' financial performance, the regulators and policy makers still believe that firms' performance is positively correlated with greater boardroom diversity. Subsequently, the newly introduced Mal...

Information and Communication Technologies (ICT) have changed business operation trends. Information systems are considered a valuable asset and have the attention of the strategic and marketing decision floors. Use of information system and ICT in the banking industry have become indispensable, and have replaced traditional operations with electro...