Search results
1 – 10 of over 1000Bushra Rashid Al-Ghafri, Maram Qasim Al Nabhani, Hamed Al-Sinawi, Abdulaziz Al-Mahrezi, Zahir Badar Al Ghusaini, Ahmed Mohammed Al-Harrasi, Yaqoub Al-Saidi and Moon Fai Chan
As a result of the COVID-19 pandemic, many countries have implemented preventive measures that may negatively affect the physical and mental health of older adults. This study…
Abstract
Purpose
As a result of the COVID-19 pandemic, many countries have implemented preventive measures that may negatively affect the physical and mental health of older adults. This study aims to investigate the changes in life satisfaction, depressive symptoms and quality-of-life (QoL) of older adults during the post-COVID-19 pandemic in Oman.
Design/methodology/approach
A prospective four-week follow-up study was conducted in one health-care center in Muscat, Oman. Convenience sampling was used, and the recruitment was from November 2021 to October 2022, with 38 participants aged 60–81, of whom 36 completed the study. The study evaluated changes in psychological well-being over time and analyzed gender differences.
Findings
The study revealed a positive impact of the preventive measures on the QoL (F = 3.08, p = 0.032) and a reduction in depressive symptoms (F = 3.09, p = 0.045). However, there was no significant change in life satisfaction (F = 1.90, p = 0.165). In particular, older women reported decreased depression (F = 5.31, p = 0.006), while older men reported improved QoL (F = 4.27, p = 0.025).
Practical implications
Few studies have reported on the well-being issues of older adults in Oman during the pandemic. Thus, the findings of this study can contribute to the international understanding of the impact of pandemics on the well-being of older adults in Oman and help health-care professionals tailor health-care programs for older adults in the community setting.
Originality/value
This study provides valuable insights into the well-being of older adults in Oman during the pandemic. Understanding the effects of long-term health hazards is crucial for developing community-level intervention plans and strategies for older adults in the community setting.
Details
Keywords
Mosab I. Tabash, Umar Farooq, Ghaleb A. El Refae, Mamdouh Abdulaziz Saleh Al-Faryan and Belkacem Athamena
Saudi Arabia is the main destination of religious tourism, as it has many spiritual places. With the passage of years, the figures for pilgrim visits are increasing, which is…
Abstract
Purpose
Saudi Arabia is the main destination of religious tourism, as it has many spiritual places. With the passage of years, the figures for pilgrim visits are increasing, which is contributing to the economic growth of the Kingdom of Saudi Arabia (KSA). However, pilgrims’ visits can create strong opportunity costs in the form of environmental degradation. Owing to these notions, this study aims to discover the impact of religious tourism on the quality of the natural environment of Saudi Arabia.
Design/methodology/approach
This study develops the empirical relationship between the variables by sampling the data from 35 years ranging from 1986 to 2020. The regression among variables was checked by using fully modified ordinary least square and dynamic ordinary least square models.
Findings
This analysis proves that religious tourism has a direct impact on the environmental degradation of KSA. The unceasing visits of pilgrims accelerate various economic operations and activities, e.g. assimilation and digestion of industrial products, that necessarily hamper the environmental quality. In addition, this analysis indicates a negative impact on financial development, foreign investment and renewable energy consumption while the positive impact of fossil fuels assimilation and economic expansion on the secretion of CO2. The statistical findings are robust and verify the pollution halo hypothesis while rejecting the Environmental Kuznets Curve model in this region.
Research limitations/implications
This analysis recommends restructuring the policies on hajj and Umrah visits. KSA Government should ensure green consumption by pilgrims. The limitation on pilgrims’ visits and the introduction of quotas are alternative policies to impede the pollution in this region.
Originality/value
By controlling the routine determinants, this study offers innovative thoughts regarding the consequences of religious tourism on environmental quality.
设计/方法论/方法
通过抽样1986-2020年35年的数据来建立变量之间的实证关系。采用完全修正的普通最小二乘(FMOLS)和动态普通最小二乘(DOLS)模型检验变量间的回归关系
目的
由于沙特阿拉伯有很多精神场所, 是宗教旅游的主要目的地。随着时间的推移, 朝圣访问数据不断增加, 这为沙特阿拉伯王国(KSA)的经济增长做出了贡献。然而, 朝圣访问也可能造成巨大的机会成本, 如环境退化。由于这些观念, 本研究试图揭露宗教旅游对沙特阿拉伯自然环境质量的影响。
调查结果
研究表明, 宗教旅游对沙特阿拉伯的环境退化有直接影响。持续增长的朝圣来访加速了各种经济运作和活动, 如工业产品的吸收和分解等, 这必然会影响环境质量。此外, 分析表明, 金融发展、外国投资和可再生能源消费受到负面影响, 而化石燃料吸收和经济扩张对二氧化碳的排放产生积极影响。统计结果具有较强的可靠性, 验证了污染晕假说, 同时否定了该地区的环境库兹涅茨曲线(EKC)模型。
研究局限/影响
本研究建议重构大朝和小朝的政策。沙特阿拉伯政府应该确保朝圣者的绿色消费。朝圣访问的限制和引进配额是防止该地区污染的替代政策。
创意/价值
通过控制常规决定因素, 本研究为宗教旅游对环境质量的影响提供了创新思路。
Diseño/metodología/enfoque
Se desarrolla la relación empírica entre las variables mediante el muestreo de los datos de 35 años que van de 1986 a 2020. La regresión entre las variables se comprobó empleando modelos de mínimos cuadrados ordinarios totalmente modificados (FMOLS) y mínimos cuadrados ordinarios dinámicos (DOLS)
Objetivo
Arabia Saudí es el principal destino de turismo religioso porque cuenta con numerosos lugares espirituales. Con el paso de los años, las cifras de visitas de peregrinos están aumentando, lo que contribuye al crecimiento económico del Reino de Arabia Saudí (KSA). Sin embargo, las visitas de los peregrinos pueden crear fuertes costes de oportunidad en forma de degradación medioambiental. A partir de estos indicadores, este análisis busca descubrir el impacto del turismo religioso en la calidad del entorno natural de Arabia Saudí.
Conclusiones
El análisis demuestra que el turismo religioso tiene un impacto directo en la degradación medioambiental de KSA. Las incesantes visitas de los peregrinos aceleran diversas operaciones y actividades económicas, como la adquisición y consumo de productos industriales, etc., que necesariamente dificultan la calidad medioambiental. Además, el análisis indica un impacto negativo en el desarrollo financiero, la inversión extranjera y el consumo de energías renovables, así como el impacto de la asimilación de combustibles fósiles y la expansión económica en la emisión de CO2. Los resultados estadísticos son robustos y verifican la hipótesis del efecto halo de la contaminación, al tiempo que rechazan el modelo de la curva de Kuznets ambiental (EKC) en esta región.
Limitaciones/implicaciones de la investigación
El análisis recomienda reestructurar las políticas sobre las visitas al hajj y la Umrah. El gobierno de KSA debería garantizar el consumo ecológico de los peregrinos. La limitación de las visitas de los peregrinos y la introducción de cuotas son políticas alternativas para impedir la contaminación en esta región.
Originalidad/valor
Al controlar los determinantes frecuentes, este estudio ofrece reflexiones innovadoras sobre las consecuencias del turismo religioso en la calidad del medio ambiente.
Details
Keywords
Mahfooz Alam, Shakeb Akhtar and Mamdouh Abdulaziz Saleh Al-Faryan
This paper aims to investigate the role of corporate governance on the bank profitability of Indian banks vis-à-vis South Asian Association for Regional Cooperation (SAARC…
Abstract
Purpose
This paper aims to investigate the role of corporate governance on the bank profitability of Indian banks vis-à-vis South Asian Association for Regional Cooperation (SAARC) nations.
Design/methodology/approach
For the Corporate Governance Index, the authors examined board accountability, transparency and disclosure and audit committee, while Tobin’s Q, return on equity and return on assets are used to measure the bank’s profitability. The study used a two-stage analysis based on balanced panel data for robust findings. Sample of this study consists of 60 commercial banks from India and 60 banks from SAARC nations for the period of 2009–2021. This study used panel regression and a generalized method of moment approach using the CAMELS framework on banking industry-specific variables to determine their respective impacts.
Findings
The findings of this study suggest that board accountability is positive and significantly affects the profitability of banks as indicated by return on assets, return on equity and Tobin’s Q. In contrast, the audit committee has a positive and insignificant impact on return on assets, return on equity and Tobin’s Q, while transparency and disclosure have a negative and significant impact on these metrics. Furthermore, the country dummy result shows a significant positive impact on all the bank performance parameters, implying that Indian banks have the highest degree of convergence with corporate governance as compared to other SAARC nations.
Research limitations/implications
This study provides insight to the regulators, policymakers and financial institutions to evaluate the role of corporate governance in emerging economies. However, the findings of the study should be interpreted with caution, as the results are sensitive to the disparity between India and other SAARC nations' government policies, climatic circumstances and cultural or religious traditions.
Originality/value
To the best of the authors’ knowledge, this is the first attempt to gauge the performance of Indian banks vis-à-vis SAARC nations using the CAMELS framework approach. Further, findings of this study suggest some novel evidence tying corporate governance quality with the profitability of banks among SAARC nations.
Details
Keywords
Hind Abdulaziz Al Fadda, Rasha Osman Abdel Haliem, Hassan Saleh Mahdi and Reem Alkhammash
Substantial changes in the education system and the shift to online classes during the lockdown have raised teachers’ attention to the idea of practicing cooperative learning in…
Abstract
Purpose
Substantial changes in the education system and the shift to online classes during the lockdown have raised teachers’ attention to the idea of practicing cooperative learning in online environments. Cooperative learning activities enhance academic skills if designed effectively. This study aims to explore students’ attitudes toward cooperative learning in online learning environments.
Design/methodology/approach
This study is a descriptive study. A survey was administered to 50 graduate and postgraduate students of English as a Foreign Language.
Findings
Results indicated that the students had positive attitudes toward the integration of cooperative tasks in online environments. They also revealed no significant differences in the attitudes toward cooperative learning based on the students’ level (i.e. undergraduate or postgraduate) and that the students preferred small groups.
Originality/value
Cooperative learning is a widely researched topic, especially in higher education. However, most of the previous studies reported results of the implementation of cooperative learning in traditional classrooms. This study aimed to fill this gap by examining the impact of online tools on cooperative learning.
Details
Keywords
Aitzaz Ahsan Alias Sarang, Asad Ali Rind, Mamdouh Abdulaziz Saleh Al-Faryan and Asif Saeed
This study aims to examine whether information asymmetry (IA) mediates the relationship between women directors and the cost of equity (COE). Specifically, this study posits that…
Abstract
Purpose
This study aims to examine whether information asymmetry (IA) mediates the relationship between women directors and the cost of equity (COE). Specifically, this study posits that women directors tend to lower the COE through the channel of IA.
Design/methodology/approach
This study uses the US-listed firms’ data from 2002 to 2014, comprising 11,189 firm-year observations. This study measures the COE by aggregating the four unique market-based COE models and apply pooled ordinary least square to estimate our results.
Findings
This study documents that women directors are linked to IA, and that IA is linked to the COE. Furthermore, in the mediation test, IA fully mediates the relationship between women directors and the COE. This study's results also validate the critical mass hypothesis, as the IA shows full mediation between the critical mass of women directors and COE. This study also discusses the limitations and major implications of the results along with possible future directions.
Social implications
This study also supports the positive role of females in improvising the economic performance of the firms and supporting the sustainable development goals-5 (gender equality).
Originality/value
The originality of this study lies in its theoretical as well as empirical contributions. First, this study follows the line of inquiry of the mediation analysis, thereby contributing by examining whether the relationship between women directors and financial value, i.e. COE, is indirect. Second, in addition to ex post measures of the COE, this study used four ex ante unique market-based models to measure the COE. Most of the prior studies just rely on book-based measures or use a single market-based mode. Third, the findings contribute insights into how women directors add value and benefits firms.
Details
Keywords
James Temitope Dada, Titus Ayobami Ojeyinka and Mamdouh Abdulaziz Saleh Al-Faryan
This paper investigates the (a)symmetric effects of financial development in the presence of economic growth, energy consumption, urbanization and foreign direct investment on…
Abstract
Purpose
This paper investigates the (a)symmetric effects of financial development in the presence of economic growth, energy consumption, urbanization and foreign direct investment on environmental quality of South Africa between 1980 and 2017.
Design/methodology/approach
A robust measure of financial development is generated using banking institutions and non-banking institutions market-based financial development indicators, while environmental quality is measured using carbon footprint, non-carbon footprint and ecological footprint. The objectives of the study are captured using linear and non-linear autoregressive distributed lag.
Findings
The result from the symmetric analysis suggests that financial development stimulates carbon footprint and ecological footprint in the short run; however, financial development abates non-carbon footprint. In the long run, financial development has a significant negative effect on carbon footprint and ecological footprint. However, the asymmetric analysis established strong asymmetric effect in the short run, while no asymmetric effect is found in the long run. The short run asymmetric analysis reveals that positive shock in financial development increases carbon footprint and ecological footprint; however, positive changes in financial development reduce non-carbon footprint. Negative shocks in financial development, on the other hand, have a positive impact carbon footprint, non-carbon footprint and ecological footprint.
Practical implications
The study's outcome implies that the concept of “more finance, more growth” could also be applied to “more finance, better environment” in South Africa. The study offers vital policy suggestions for the realization of sustainable development in South Africa.
Originality/value
This empiric adds to the body of knowledge on the influence of financial development on various components of environmental quality (carbon footprint, non-carbon footprint and ecological footprint) in South Africa.
Details
Keywords
James Temitope Dada, Folorunsho M. Ajide and Mamdouh Abdulaziz Saleh Al-Faryan
Driven by the Sustainable Development Goals (goals 7, 8, 12 and 13), this study investigates the moderating role of financial development in the link between energy poverty and a…
Abstract
Purpose
Driven by the Sustainable Development Goals (goals 7, 8, 12 and 13), this study investigates the moderating role of financial development in the link between energy poverty and a sustainable environment in African nations.
Design/methodology/approach
Panel cointegration analysis, fully modified least squares, Driscoll and Kraay least squares and method of moments quantile regression were used as estimation techniques to examine the link between financial development, energy poverty and sustainable environment for 28 African nations. Energy poverty is measured using two proxies-access to clean energy and access to electricity, while the environment is gauged using ecological footprint.
Findings
The regression outcomes show that access to clean energy and electricity negatively impacts the ecological footprint across all the quantiles; hence, energy poverty increases environmental degradation. Financial development positively influences environmental degradation in the region at the upper quantiles. Similarly, the interactive term of energy poverty and financial development has a significant positive impact on ecological footprint; thus, the financial sector adds to energy poverty and environmental degradation. The results of other variables hint that per capita income and institutions worsen environmental quality while urbanisation strengthens the environment.
Originality/value
This study offers fresh insights into the moderating effect of financial development in the link between energy poverty and sustainable environment in African countries.
Details
Keywords
Umar Habibu Umar and Mamdouh Abdulaziz Saleh Al-Faryan
This study investigated how working capital management (WCM) influences the profitability of listed halal food and beverage companies.
Abstract
Purpose
This study investigated how working capital management (WCM) influences the profitability of listed halal food and beverage companies.
Design/methodology/approach
The study utilized a sample of 56 listed halal food and beverage companies operating in Indonesia, Malaysia, Saudi Arabia, Pakistan and the United Arab Emirates (UAE). Unbalanced panel data were generated from the Bloomberg database between 2008 and 2021. Besides, the study employed the two-step system generalized method of moments (GMM) technique for the estimation, which can address the models' endogeneity, heteroskedasticity and autocorrelation problems. Also, feasible generalized least square (FGLS) regression was applied to check the robustness of the results.
Findings
The study revealed that the cash conversion cycle (CCC) and accounts receivable period (ARP) significantly reduced firm profitability. Also, the inventory conversion period (ICP) significantly reduced return on assets (ROA) but insignificantly influenced return on equity (ROE). However, the results showed that the accounts payable period (APP) significantly increased firm profitability. These findings are robust to the results obtained by applying FGLS regression.
Research limitations/implications
The study utilized a sample of only the listed halal food and beverage firms that operate in Indonesia, Malaysia, Saudi Arabia, Pakistan and the United Arab Emirates (UAE).
Practical implications
The study suggests that the management of listed halal firms should adopt an aggressive policy in managing their working capital in order to enhance their financial performance. This could be attained by lowering CCC when ARP and ICP are reduced and APP is increased.
Originality/value
This study contributes to the literature by providing cross-country empirical evidence showing how working capital and its components affect the financial performance of firms that solely produce or buy and sell halal food and beverage products in five countries.
Details
Keywords
Md. Abdur Rouf and Mamdouh Abdulaziz Saleh Al-Faryan
This study examines, in relation to agency theory, the influence of corporate mechanism on the environmental reporting of banking businesses registered on the Dhaka Stock Exchange…
Abstract
Purpose
This study examines, in relation to agency theory, the influence of corporate mechanism on the environmental reporting of banking businesses registered on the Dhaka Stock Exchange (DSE).
Design/methodology/approach
This study was carried out consuming an example of 150 annual reports from 30 banks for the period 2015–2019. Ordinary least squares (OLS) regression was used to investigate the inspiration of corporate governance on the range of inclusive environmental reporting.
Findings
The outcomes reveal that insider equity, board leadership structure, and presence of female directors are statistically significant, while board size and outside directors are insignificant. Furthermore, the results also indicate that the adoption of environmental disclosure among banking businesses in Bangladesh is extra motivated by an increase in the inside skills and moderately the outside acceptability weights. Additionally, there appears to be a supposed lack of stakeholder pressure for environmental disclosure.
Originality/value
The results show that the range of environmental reporting of banking businesses in Bangladesh is good, at an average of 53.90%. It concludes that corporate governance has a substantial inspiration on the range of environmental reporting of banking businesses in Bangladesh.
Details
Keywords
Marina Arnaut, James Temitope Dada, Akinwumi Sharimakin and Mamdouh Abdulaziz Saleh Al-Faryan
Several studies have examined the effect of formal economy (usually proxy by economic growth) on environmental quality; however, the symmetric and asymmetric impact of the…
Abstract
Purpose
Several studies have examined the effect of formal economy (usually proxy by economic growth) on environmental quality; however, the symmetric and asymmetric impact of the informal economy on environmental quality has not been examined in Nigeria. Therefore, this study aims to explore the short- and long-run (a)symmetric effect of formal and informal economies and financial development on Nigeria’s environmental quality between 1984 and 2017.
Design/methodology/approach
The study uses ecological footprint to measure environmental quality. An increase in ecological footprint suggests a fall in environmental quality. Informal economy is calculated as a percentage of GDP using the currency demand approach. Autoregressive distributed lag (ARDL), nonlinear ARDL cointegration framework and vector error correction granger causality are used as estimation techniques.
Findings
The study’s outcomes establish the existence of asymmetric structure in the link between economic activities and the environment both in the short and long run. The asymmetric results reveal that positive and negative changes in the formal economy increase the ecological footprint in both periods. Hence, activities in the formal economy reduce environmental quality. On the other hand, positive and negative changes in the informal economy only positively influence the ecological footprint in the long run. In contrast, it negatively impacts the ecological footprint in the short run. This suggests that activities in the informal economy worsen the long-run environmental quality. Financial development has a positive influence on the ecological footprint, thus degrading the environmental quality. Furthermore, in the short run, a unidirectional relationship from the formal economy to the ecological footprint, while a bidirectional causality exists between informal and formal economies. Meanwhile, a unidirectional causality from the (in)formal economies and financial development to the ecological footprint was found in the long run.
Practical implications
The outcome of this study shows that both informal and formal economies contribute to ecological footprint; therefore, mainstreaming the informal economy into the formal economy will further increase the problem of environmental degradation and worsen environmental quality.
Originality/value
The study investigates the symmetric and asymmetric effect of formal and informal economies on environmental quality in Nigeria, which is largely missing in the empirical literature.
Details