Suchergebnisse

Purpose
The discourse on the governance and environment nexus has been an important research agenda. However, the debate on the role of institutional quality (IQ) in environmental degradation is continuous. Unlike others, this study aims to examine the asymmetric effect of IQ on the ecological footprint (EF) from 1984 to 2019 in Pakistan.


Design/methodology/approach
The nonlinear autoregressive distributive lag model is used to empirically investigate the linkage of IQ and EF.


Findings
Reported results revealed that positive shocks are negatively affecting EF and negative shocks are positively affecting EF. Findings suggest that a better IQ is substantially reducing EF, whereas energy consumption and economic growth are increasing EF.


Originality/value
This study is original and provided important information about the performance of institutions regarding the environmental concerns in Pakistan. Moreover, this study has robust policy implications.

Institutional investors are the key investors in stock markets. Stock markets are influenced by these giants. We investigate the comparative institutional ownership structure in financial and non‐financial corporations. Institutional ownership structures are foreign, domestic, state, and private institutional ownership, which are examined against the corporate performance of 40 firms listed in Pakistan Stock Exchange from 2006 to 2016. Panel regression is applied to observe the results. Varied impacts for every category of institutional ownership in financial and non‐financial firms are evident. The findings of the study are robust, and potential investors can use this study for their future investment plans. Investor institutions can decide their future investment directions in Pakistan.

This study investigates consumer repurchase behavior and purchases regret in the context of a Steadily Increasing Discount (SID) strategy. A quantitative research approach based on a full‐scaled administrative survey is adopted in the framework of the regret theory. Mall intercept technique is used to collect the cross‐sectional data from respondents. To establish the proposed relational paths, structural equation modeling is applied. The findings of the study suggest that confirmation, price consciousness, and alternative attractiveness have a substantially negative impact on repurchase intention whereas the positive impact on purchase regret is also evident. Furthermore, purchase regret harms repurchase intentions. Moreover, the findings have robust policy implications in the context of corporations offering SID after the economic crisis in developing countries.

A large population is not only the burden to a country's economy but can be a threat to the environment. However, the role of the population density in the quality of the environment is silent in the literature. On this note, the current study focuses on the effect of population density on ecological footprints in Pakistan for the period from 1981 to 2016 in the framework of EKC theory. The result from the autoregressive distributive lag model summarized that the effect of population density on ecological footprint is negative and statistically significant, implying that population density does not contribute to environmental degradation. No causality is evident in economic development and ecological footprint. Unlike others, the findings of this study suggest that if the population is suitably spread, it can help to reduce environmental degradation. Moreover, policymakers need to reconsider the density of the population to avoid an ecological deficit.