Journal of Banking and Social Equity (JBSE)

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

Atta Muhammad, Syed Ahsan Raza, Maria Saleem, Faisal Mahmood, Shahbaz Haneef — Mon, 02 Sep 2024 00:00:00 +0000

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, Farah Yasser — Tue, 31 Dec 2024 00:00:00 +0000

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, Ali Burhan Khan, Warda Nadeem, Tauseef Ahmad, Muhammad Nawaz — Tue, 31 Dec 2024 00:00:00 +0000

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.

Beyond the Borders: An Empirical Exploration of Trade Openness and Entrepreneurial Activities: Does Financial Development Plays Moderating Effect

Tue, 31 Dec 2024 00:00:00 +0000

Opening trade horizon is pivotal to instigating entrepreneurial activities in this modern era of technological advancement. Trade openness fosters an atmosphere that allows entrepreneurs to thrive, innovate, and maintain long-term viability through the exchange of products and technologies. The study explores the effect of trading beyond the borders for entrepreneurial activities. The estimation techniques used for this research are OLS, Fixed-Effects (FE) and a two-step system GMM. The study uses unbalanced panel data collected on a yearly basis across the nations for the period of 23 years starting from 1999 to 2022. Results obtained from the entire sample indicate that trade openness consistently produced positive and significant effects on entrepreneurial activities and prompted new business density. The results are also robust with total early-stage entrepreneurial activities as a dependent variable. The baseline results obtained from the GMM demonstrate that if there is one unit change in trade openness, it will bring an 88.2% change in the dependent variable to promote entrepreneurial activities. The results also indicate that financial development moderates proposed relationship of trade openness and entrepreneurial activities positively and significantly. Entrepreneurs can take advantage of possibilities, efficiently utilize resources, and make significant contributions on a larger scale for economic development just because of the connection of economies globally. The study guides the policymakers to provide trading opportunities to entrepreneurs across international borders at the global scale.