Journal of Banking and Social Equity (JBSE)

From Responsibility to Profitability: The Indirect Link of Perceived CSR And Financial Performance

Atta Muhammad — 2024-09-02

Present research aims to examine indispensable research questions of what the indirect effect of perceived CSR on banks’ financial performance with the mediation of customer satisfaction and firm reputation by underpinning stakeholder theory is. Philosophically, the present research come under the post-positivist paradigm, with a deductive approach as the casual relationship among study variables are examined by collecting primary data through survey strategy by employing time-lagged design in the banking sector of Pakistan. The sample of this research is collected form purposefully selected 50 branches of different banks operating in three larger metropolitan cities of Punjab, Pakistan. This study employed contemporary data collection and analysis techniques. Data analysis is conducted by using Smart PLS. This study concluded that corporate social responsibility enhanced the company's financial performance with the mediation of customer satisfaction and firm reputation. The relationship between corporate social responsibility and company financial performance is also investigated. When contemplating the practical implications, managers and policymakers need to take into account the foundational structure to enhance their financial results.

Bridging the Gap: The Role of Banking in Ensuring Social Equity Amid Trade-Based Money Laundering

Javeed Iqbal — 2024-12-31

This research aims to enhance the complex interconnections among Trade based Money Laundering (TBML), trade business quality, profitability, and the regulatory framework in international trade. By introducing the Crime in Global Trade Networks (CGTN) theoretical framework and conducting an extensive literature review on it, this study makes a valuable contribution to the ongoing dialogue surrounding TBML and its ramifications on global trade. 5-point Likert scale is used to collect 207 responses from the employees of different trade organizations working in the province of Punjab, Pakistan. PLS-SEM is used to analyse the data. Results indicate a positive and significant relationship between Instances of Trade-Based Money Laundering and both Trade Business Quality and Regulatory Framework Practices. However, results show no link between TBML and Profitability. The study's significant academic contribution is the comprehensive examination of the influence that regulatory framework policies, which are frequently disregarded, have on the correlation between TBML and critical company performance measures. The study seeks to make a theoretical contribution by acknowledging the regulatory environment's significant impact on international trade. The research's practical implications encompass various stakeholders engaged in international commerce, providing tangible insights for policymakers, regulatory agencies, and corporations. Policymakers and regulatory authorities can use the study's results to improve counter-money laundering (AML) approaches.

Nexus Between Oil and Stock Prices: A Case of Pakistan Stock Exchange (PSX)

Irfan Iqbal — 2024-12-31

The objective of this research is to examine the association between oil prices and stock return in the emerging market of Pakistan using an advanced econometric analysis named wavelet approach. This approach was chosen due to its ability to study complex, non-linear interactions throughout time. In particular, the wavelet-based technique helps you examine the short and long-term implications of oil price fluctuations on stocks. This research found that oil prices play a crucial role in explaining Pakistan's stock market return. This research uses historical data from July 10, 2020, to July 10, 2024, to demonstrate how outside events like a pandemic might impact the share price movement of the Pakistan Stock Exchange (PSX). This study helps readers comprehend how oil prices impact the Pakistani stock market. This information may help investors in the stock market to make sensible choices, especially in an uncertain environment. These insights can also help policymakers create plans to make the economy more robust to external shocks.