Ramiz Ur Rehman

Sohar University · Faculty of Business

Purpose This study investigates the relationship between corporate social responsibility (CSR) disclosure and financial performance (FP), and ascertains whether ownership structure (OS) moderates the CSR disclosure–FP nexus. Design/methodology/approach We distinctly employed the well-established approach of panel data analysis to examine the compr...

This study investigates the influence of corporate board attributes, such as board size, board independence, board meeting frequency, female representation on board, and audit committee size, on tax avoidance. Moreover, the study also explores the moderating role of institutional ownership on these relationships. We use sample of non-financial firm...

This study examines the relationship between gender diversity and intellectual capital performance, and moderating role of family ownership on this relationship. The study used 3730 firm‐year observations of 307 nonfinancial firms listed on Pakistan Stock Exchange over the period 2008–2020 and employed ordinary least squares regression analysis to...

Purpose The study aims to examine the role of green learning orientation, green knowledge acquisition and green knowledge management in fostering corporate environmental performance of small and medium-sized enterprises (SMEs) in China. In addition, this research assesses the moderating role of chief executive officer (CEO) gender between green kno...

Purpose The study aims to examine the influence of female chief executive officer (CEO) and female chief financial officer (CFO) on the linkage between internationalization and firm performance. Design/methodology/approach This study used 2926 firm-year observations of nonfinancial firms listed on the Pakistan Stock Exchange over the period 2012–2...

Abstract Purpose This study investigates the relationship between female CEOs and SMEs’ financing decisions. The study also examined the moderating role of ownership structure (female, foreign, and state ownership) in female CEO-SMEs’ financing decisions. Design/methodology/approach The study has applied Generalized Least Square (GLS) and Binomial...

This study investigates the influence of family ownership and family control on firm performance while considering the moderating effect of gender diversity. Utilising a dataset of 226 nonfinancial firms listed on Pakistan Stock Exchange spanning from 2008 to 2019, the paper employs the Generalized Method of Moments (GMM) estimation to test the pro...

Purpose This study aims to examine the nexus of corporate governance with firms' financial risk-taking behavior under the corporate social responsibility (CSR) disclosures in the context of non-financial listed firms of an emerging economy. Design/methodology/approach This study investigates the relationship between corporate governance as evaluat...

Although the literature advocates that the state plays a significant role in affecting firms' behaviour in emerging economies, whether state participation promotes or impedes firms' innovation decisions requires further scholarly attention. In this study, we develop a framework in which we examine how and under what conditions state participation a...

This comparative study investigates the time‐varying skills of Shariah‐Compliant and conventional equity fund managers in selectivity, volatility, market return, liquidity, and higher‐order of Multidimensional Time‐Varying Skills of Fund Managers: A Comparison of Conventional and Islamic Equity Fundsco‐moments. Additionally, it examines the persist...

All industries depend on natural capital assets and ecosystem services, either directly, through their supply chains, or through their investments. Companies are therefore challenged to reorient their production systems and turn the conservation and sustainable use of biodiversity into an opportunity for sustainable economic development. In this pa...

Purpose This study aims to investigate the mediating role of corporate social responsibility (CSR) in the link between board independence, board diversity and dividend payouts underpinning the agency theory perspective. As boards are ultimately responsible for decision-making, it includes CSR, dividend payouts and other strategic decisions. Design...

This study employs the Porter hypothesis framework to test the moderating role of production cost in the relationship between resource‐efficiency actions and financial performance for German small and medium‐sized enterprises (SMEs). For this purpose, we employ the 2012, 2018, and 2021 Flash Eurobarometer surveys to analyze how consistently SMEs ad...

The study develops a framework to examine how and under what conditions state participation affects firms’ green innovation. Results from publicly listed firms in China show an inverted U-shaped relationship between state participation and green innovation, so that state participation in the form of minority ownership is most effective for firms se...

Purpose This study aims to examine the impact of chief executive officers’ (CEOs’) personal characteristics on firms’ risk taking and the moderating role of family ownership on this relationship. Design/methodology/approach This study used 2,647 firm-year observations of non-financial firms listed on Pakistan Stock Exchange over the period 2013–20...

Purpose The characteristics of businesses change with the change in ownership structure of the business. This study examines the change in ownership structure of the firm after the departure of lone founders, and its influence on dividend payout decisions of the firm. Design/methodology/approach The authors employed 4,302 firm-year observations of...

This paper investigated exchange rate and stock price volatility connectedness and spillover in Brazil, Russia, India, China, and South Africa (BRICS) during pandemic-induced crises. We first extracted volatility using the Generalized Auto-Regressive Conditional Heteroskedasticity (GARCH) model. Then volatility connectedness and spillover were inve...

This study unfolds the CEO attributes, stock liquidity, and firms' performance nexus, drawing from an individual's personality attributes who hold the highest managerial positions. The fixed‐effect panel regression method is employed using nonfinancial firms listed at Pakistan Stock Exchange from 2011 to 2020. Significantly, CEOs' age, tenure, and...

Purpose This paper empirically investigates the impact of board diversity in terms of demographic and cognitive dimensions on financial distress likelihood in an emerging Chinese market to explore whether the Chief Executive Officers' (CEOs) power moderates the relationship between board diversity and the probability of financial distress. Design/...

We test whether an effective board affects firm value (FV) in Pakistan and whether stock liquidity (LIQ) mediates this relationship. To test this conjecture, we introduce an effective board index (EBI) using board size, board independence, board diversity and CEO duality. By employing the fixed effect model, we find that an effective board reduces...

Purpose This study examines the effect of lone founder and family ownership on borrowing cost. In addition, the study examines the moderating influence of gender diversity on this relationship. Design/methodology/approach The study used a sample of non-financial firms listed on Pakistan Stock Exchange over the period 2012–2021. The authors used or...

This study examines the day-of-the-week and January effects on the top performing cryptocurrencies with the highest capitalization during the sample period. The study uses the daily closing returns of selected currencies for 7 August 2015 to 20 August 2020. The day-of-the-week results indicate that the Monday effect in the daily analysis generated...

Purpose This study develops a conceptual framework to examine (1) whether global retailers' CSR actions in the form of in-kind charitable contribution affect consumers' attribution of CSR to intrinsic motives, (2) whether consumers' attribution of CSR to intrinsic motives affects brand-self connection and (3) whether the cultural factors of self-tr...

Knowledge of the initiatives that companies are promoting to curb climate change and the impacts resulting from these activities require the disclosure of relevant information that can be used by stakeholders in their decision-making processes. The objective of this work is to complement previous studies by analysing the effect and type of relation...

This study examines depressive symptoms faced by non-native international medical students studying in China during the COVID-19 pandemic. The targeted population for this cross-sectional study included non-native medical students studying in Chinese universities. This study used convenience sampling. An online, self-administered questionnaire was...

This study examines the impact of gender diversity on sustainability growth, and moderating role of family ownership in an emerging economy, Pakistan. We employed 3730 firm-year observations, comprising of 307 non-financial firms listed on Pakistan Stock Exchange, over a period 2008-2020. Using framework of agency theory, resource dependence theory...

Since sustainable development concerns emerged, researchers have studied which environmental regulations motivate companies to improve their environmental performance. Environmental goals are best achieved by either changing people’s behavior or modifying technology. Thus, this study contributes to the existing literature on corporate governance an...

s The study investigated the volatility connectedness of GCC stock market return and S&P global oil index returns using Diebold and Yilmaz (2012) method. The current study has also analyzed the possible impact of oil price volatility on net volatility spillover in GCC stock market returns pre- and post-COVID-19 period. The current study results sug...

Background: Research is essential and necessary for those who love learning, whether they belong to a research institution or not. Numerous elements influence researchers' attitudes towards good research work, but in this study we focus on the most significant ones: advisor support, intrinsic motivation, timing, and planning. Objectives: The cur...

This study addresses the questions of “How” and “When” CEO duality affects firm performance from a developing country’s perspective. To address the research question, CEO duality serves as an explanatory variable, board effectiveness as a mediator, CEO personal characteristics as moderator, firm-specific characteristics as control, and performance...

China’s urbanization is in the last half of rapid urbanization, and the speed has slowed down, but in fact, there is still apparent room for improvement. The urbanization of the economic, the population, the green and the social may have different effects on the ecological environment (EE) through different mechanisms. This paper analyzed the influ...

Do pro-market reforms facilitate firms to conduct green innovation or create hindrance to the adoption of such risky strategies? We seek to answer this question evaded by previous studies. Based on a dynamic institutional perspective, we uncover how scope of pro-market reforms (degree of market liberalization in a given year) and speed of pro-marke...

The recent family business literature considers the heterogeneity of ownership and categorize them into lone founder owners and family owners. The distinct social behavior of both types of owners leads to different dividend payout decisions. This study provides novel evidence by examining the effect of lone founders and family owners on dividend pa...

Purpose This study aims to investigate the role of dynamic capabilities (DCs) in the financial performance of the small and medium enterprises (SMEs) during COVID-19. Furthermore, it took chief executive officer gender to moderate the relationship between DCs and financial performance. Design/methodology/approach This study used the survey approac...

The daily stock indices/returns of the Shanghai Stock Exchange (SSE) and the New York Stock Exchange (NYSE) were examined from January 2, 2020, to April 2, 2020, during the COVID-19 pandemic period. The sample was then split into three event windows. The returns were negative during the post-COVID-19 window for both markets. Interestingly, a positi...

This study investigates sustainable finance along with sustainable economic factors on both carbon emissions and ecological footprints in China. A novel Dynamic Autoregressive Distributed Lag technique is applied; results revealed sustainable finance exerts positive/negative influence on carbon emissions in the long and short run, respectively. Res...

The excess utilization of conventional energy sources and their impact on environmental degradation have compelled emerging economies to explore alternative sustainable energy sources in order to protect the environment. This study investigates the impact of sustainable finance (market capitalization) and other sustainable economic factors (exports...

The interrelationships among environmental strategy, environmental performance and financial performance have become a subject of ongoing debate. This study investigates the association between environmental strategies and environmental performance by utilizing the generalized method of moments technique to analyze a dataset of listed firms from 20...

This paper investigates the effect of corporate governance on capital structure, and moderating impact of board gender diversity on this nexus. Using a sample of 2062 firm-year observations of 226 non-financial firms listed on the Pakistan Stock Exchange (PSX) from 2008 to 2019, we have conducted multiple regression analysis, and found that larger...

This study investigates sustainable finance along with sustainable economic factors on both carbon emissions and ecological footprints in China. A novel Dynamic Autoregressive Distributed Lag technique is applied, results revealed sustainable finance exerts positive/negative influence on carbon emissions in the long- and short-run, respectively. Re...

The study aims to empirically analyze the effect of board diversity measurement in demographic diversity (i.e., age, gender, and nationality) and cognitive diversity (i.e., education, financial expertise, and tenure) dimensions on the probability of financial distress in an emerging market, China. Additionally, evaluate whether foreign institutiona...

The study aimed to empirically investigate the impact of board diversity variables (age, gender, nationality, education, tenure, and expertise) on the investment preferences of foreign institutional investors in an emerging market, China. For this, sample data consisted of 1374 nonfinancial Chinese firms from 2009 to 2018. The study used OLS regres...

The role of corporate governance in performance of firms has been widely discussed in the extant literature. In contrast to examining direct relationships, this study investigates the mediating role of working capital management within these connections. Employing a large sample of non-financial firms listed on Pakistan Stock Exchange from 2009-201...

Purpose This study aims to examine the effects of board gender diversity on agency costs in non-financial firms listed on the Pakistan Stock Exchange (PSX). Design/methodology/approach Multiple regression analysis is used to determine the impact of board gender diversity on agency cost. The research used panel data consisting of 2,062 firm-year ob...

This study explores how the scholarly accomplishments of students might increment due to specific fundamental causes. The academic performance of the student was prioritized as a dependent variable, and the independent indicators chosen were “information seeking, IT ability, reading/writing capacity, and resilience.” At the same time, age, gender,...

Purpose This study aims to examine the key determinants of corporate social responsibility (CSR) disclosure of all listed banks that operate their function in an emerging market, Pakistan. Design/methodology/approach This study applied the principles of systems-oriented theories such as legitimacy, stakeholder and agency theory. The hypothesis is...

Purpose The purpose of this paper is to empirically investigate the impact of board financial expertise on the shareholding of foreign institutional investors in an emerging equity market of China and to explore whether ownership concentration moderates the relationship between board financial expertise and foreign institutional investment. Design...

Higher education institutions (HEIs) are the key to the economic and social development of a country. However, the recent advancements of higher education institutions’ universities in China have become a pivotal factor contributing to their swift growth. Considering the impact of the external environment, applying a three-stage data-envelopment an...

Assessing the role of diversity in corporate governance has attracted growing interest. In addition, significant relationships are expected between diversity dimensions and firm performance. This research aims to analyze the relationships between female presence in corporate board-firm financial performance and the extent to which such influence is...

Assessing the role of diversity in corporate governance has attracted growing interest. In addition, significant relationships are expected between diversity dimensions and firm performance. This research aims to analyze the relationships between female presence in corporate board-firm financial performance and the extent to which such influence is...

This paper investigates the presence of momentum profits in the Saudi stock market. The study applied a quantitative method by utilizing monthly closing prices of 194 listed firms on Tadawal (Saudi Stock Market). The data from January 2010 to February 2019 is taken from the Tadawal market database for analysis. The sample is further divided into tw...

The study examines the role of a CEO in enhancing a firm's performance through the mediating effect of investment decisions in the emerging economy of Pakistan. Distinctly, fixed-effects panel regression method is employed to examine the said nexus of nonfinancial firms listed at the Pakistan Stock Exchange. It is empirically unearthed that CEO att...

Purpose: In this study, we aimed to examine the risk perception of Chinese students studying in Germany, which is the country fifth-most affected by COVID-19 in the world, who wish to return to China. Patients and methods: After controlling the COVID-19 situation in the country, China reopened the entire country, including Wuhan, which was the e...

As an important platform for participating in international competition and cooperation, supporting economic growth and promoting coordinated regional development, urban agglomeration plays an important role in China’s economic, social and urbanization development. At this time, the Guanzhong Plain urban agglomeration (GZPUA), as the second largest...

Purpose: This study aimed to investigate the willingness of international medical students enrolled in Chinese universities to return to their home countries based on their risk perception of the recent outbreak of the novel coronavirus disease (COVID-19). Materials and methods: A well-structured questionnaire was incorporated into the WeChat su...

This study investigates the integration of environmental, social, and governance (ESG) equity indices with conventional indices in Brazil, Russia, India, China, and South Africa (BRICS) individually and across all BRICS countries to better understand regional economic cooperation. Accordingly, we look at daily returns from 13 July 2013 to 28 Februa...

Currently, Pakistan is facing serious challenges. Education is one of these. Education plays significant role in the development of any country. Pakistan's economic survey (2016-2017) reveals that its literacy rate has decreased from 60% to 58% which is alarming. No doubt this situation has prevailed due to insufficient educational institutions but...

Good corporate governance has been on the corporate agenda for the last two decades. Among other issues, female’s presentation in the board rooms received much more attention. This study examines the participation of females as an executive in corporate management and financial performance of the engineering sector of Pakistan. The data comes from...

Drawing on institutional theory using data of S&P 500 listed firms over the period 2007 to 2018, this study examines the role of external environmental audit between environmental management practices (EMP) and environmental performance. In particular, we explore whether the integration of environmental audit with environmental management practices...

This study investigates the relationship between environmental management practices (EMPs) and financial performance (FP), and consequently ascertain whether environmental performance (EP) can mediate the EMPs–FP nexus. Distinctly using data envelopment analysis and generalised method of moments techniques to analyse a comprehensive dataset of Nikk...

The aim of this study is to determine the direction of causality between economic growth and environmentally oriented taxes between two countries, China and India. Further, it investigates which country is leading in environmental protection race by imposing and collecting more environmental taxes. The novel element of this study is that this is th...

In this study, we examine an empirical relationship between stock market volatility with the exchange rate and gold prices of an emerging market, “Pakistan”, employing daily and monthly data (PSX-100 Index) covering from 2001: Q3 to 2018: Q2. The study explains the average stock returns by applying MGARCH. Further, it investigates that the volatili...

Financial performance is an indicator of the financial stability and the health of a firm. It is a measure of how well a firm uses its assets to generate revenues, a firm’s credibility, and its ability to pay off debts. To study the theoretical development, empirical examinations, and growing trend of financial performance research, this study revi...

We examine the relationship between corporate social responsibility (CSR) disclosure and firm value in China. Using a sample of listed companies on the Shanghai Stock Exchange from 2008 to 2012, we find that market value of a firm is higher when a company makes a lower level of CSR disclosure. Other things being equal, this relationship becomes pos...

This study investigates how Chinese banking sector reforms have affected the relationship between banking performance and bank board structure. The study analyzes data from listed commercial Chinese banks between 2000 and 2013, and banking efficiency scores are estimated using the stochastic frontier approach (SFA) and data envelopment analysis (DE...

The paper investigates the link between eco-efficiency actions and the turnover of SMEs within the EU28. In particular, we study how specific cases of eco-efficiency actions and the investment in these actions, as well as the available support to implement them, affect the SME turnover and production costs. For the analysis, we use the datasets fro...

The key area of this research is to analyze the total factor productivity of mutual funds by using Data Envelopment Analysis (DEA) and also to identify the components which play a significant role in the growth of productivity. Malmquist productivity index approach is a nonparametric method that decomposes the index into components of productivity....

Since Pakistan achieved independence, poverty has become one of the most important issues in the country, which can be reduced with the help of microfinance sector. Pakistani microfinance institutions (MFIs) are facing a decline in profitability which makes it difficult for them to survive. The current study aims to investigate the determinants aff...

The purpose of this study is to examine the trend and development of CSR disclosure reporting among Chinese listed firms in the Shanghai Stock Exchange during 2008-2015. The CSR disclosure items include shareholders protection, creditors and staff protection, suppliers and customers’ protection, environment protection, public relations, system cons...

The volatility spillover is defined as the transmission of instability from market to market. It occurs when the volatility price change in one market causes a lagged impact on volatility price in another market above the local effects of market. In this study the garchmodels are used to examine the possibility of volatility transmission between th...