http://abgmce.com/index.php/Journal/issue/feed THE ASIAN BULLETIN OF GREEN MANAGEMENT AND CIRCULAR ECONOMY 2024-05-06T19:29:21+00:00 Managing Editor editor@abgmce.com Open Journal Systems <p>THE ASIAN BULLETIN OF GREEN MANAGEMENT AND CIRCULAR ECONOMY (ABGMCE) is a peer-reviewed journal for research in social science and related disciplines. The Journal seeks to include empirical, conceptual, and methodological articles across the full range of green management in Asian countries.</p> <p><strong>The</strong> ABGMCE provides a forum for academics and practitioners to share the latest developments and advances in the knowledge and practice of global business dimensions. It publishes scholarly articles of an interdisciplinary nature with contemporary global relevance. It also aims to foster the exchange of ideas on a range of important international issues, and in doing so, provide a stimulus for further research and development of global perspectives. To this end, our objective is to attract quality submissions that can practically benefit corporate and other institutions in their overall development as well as society at large. We encourage contributions from around the globe with a special emphasis on emerging economies. </p> http://abgmce.com/index.php/Journal/article/view/67 The The Impact of Environmental, Social, and Governance (ESG) Performance on Dividend Policy and Economic Outcomes of Pakistani Firms: A Survey-based Research 2024-04-02T20:34:43+00:00 Samreen Ramzan samreenramzan2002@gmail.com Waseem ul Hameed waseemulhameed@iub.edu.pk <p>The purpose of this study was to measure the effectiveness of environmental, social, and governance performance on the dividend policies of registered firms on the (PSX) Pakistan stock exchange. A data set of 261 respondents from the employees of companies listed on the Pakistan Stock Exchange was collected and analyzed using Smart PLS 3. The findings of measurement model assessment and structural model were used for the analysis of the data. Based on the statistical data, the study found that environmental performance, social performance, and governance performance are three significant antecedents of the dividend policy of registered firms on the Pakistan stock exchange (PSX). The research has contributed to the literature about implications of dividend policy. The policy implications of this research are also significant for improving the dividend policy of firms registered on the Pakistan Stock Exchange. This study also aligns with the Sustainable Development Goals (SDGs), particularly SDG 12 (Responsible Consumption and Production) and SDG 13 (Climate Action), by examining how ESG performance influences dividend policies in firms on the Pakistan Stock Exchange. The findings underscore the importance of integrating sustainability into corporate strategies to enhance financial outcomes and support global sustainability targets.</p> 2024-05-06T00:00:00+00:00 Copyright (c) 2024 THE ASIAN BULLETIN OF GREEN MANAGEMENT AND CIRCULAR ECONOMY http://abgmce.com/index.php/Journal/article/view/75 The Impact of Green Finance, and Eco-Innovation on CO2 Emissions: The Pool Mean Group Evidence from ASEAN Countries in the Context of SDGs 2024-05-06T19:29:21+00:00 Zahid Hussain Khokhar zahidhk31@gmail.com Muhammad Imran muhammademrran@gmail.com Rashid Rauf rashid.rauf@iiu.edu.pk Najaf Naz najaf.nazphd@gmail.com Muhammad Waseem malikwaseem024@live.com <p>This study investigates the influence of green finance, green technology, and eco-innovation on CO2 emissions within ASEAN countries, framed within the context of the Sustainable Development Goals (SDGs), particularly SDG 7 (Affordable and Clean Energy), SDG 9 (Industry, Innovation and Infrastructure), and SDG 13 (Climate Action). Utilizing data from 2002 to 2019 and adopting the Pool Mean Group (PMG) methodology, our analysis sheds light on the critical dynamics between sustainable financial practices, technological advancement in green technologies, and eco-innovative approaches towards achieving significant CO2 emissions reduction. Our findings reveal that green finance significantly empowers the deployment of green technologies and eco-innovations, leading to a notable decrease in CO2 emissions across the studied nations. The study highlights the importance of country-specific policy interventions that cater to the unique economic and technological contexts of ASEAN countries to optimize the contribution of green finance and technology to climate action. These insights offer a valuable guide for policymakers, financial institutions, and other stakeholders in harnessing green finance and technology for environmental sustainability, in alignment with the SDGs. This research contributes to the discourse on sustainable development, emphasizing the pivotal role of finance and innovation in environmental stewardship and carbon reduction efforts across ASEAN countries.</p> 2024-05-07T00:00:00+00:00 Copyright (c) 2024 THE ASIAN BULLETIN OF GREEN MANAGEMENT AND CIRCULAR ECONOMY http://abgmce.com/index.php/Journal/article/view/71 Green HRM for Enhanced Environmental Performance: A Circular Economy Perspective Aligned with SDGs 2024-04-22T19:51:00+00:00 Syed Kashan Ali Shah alishahkashan@gmail.com Zulfiqar Ali zashadab@gmail.com Khirad Rais khirad.rais@gmail.com <p>This empirical inquiry explores the use of Green HRM as a strategic tool to improve environmental performance within the context of a circular economy. We chose 200 employees from the Pakistan Stock Exchange (PSX) based on data from the Corporate Social Responsibility (CSR) index. The study employs Structural Equation Modeling-Partial Least Squares (SEM-PLS 4) to examine the relationship between organizational policies and the implementation of circular economy principles within the framework of Green HRM practices. This research is supported by the circular economy, which is defined as a fundamental change in thinking that promotes the reuse of resources, reduction of waste, and efficient use of resources. The SEM-PLS 4 approach is used to validate the theoretical framework that proposes that Green HRM practices provide a significant contribution to the promotion of circular economy initiatives, which in turn lead to considerable gains in environmental performance metrics. Moreover, this method is employed to evaluate the complex causal links in action. Policymakers and business leaders may facilitate the integration of Green HRM into sustainability programs by utilizing the study's findings. It is expected that human capital management will play a crucial role in achieving the circular economy paradigm. This research not only improves our understanding of how Green HRM affects sustainability, but also provides firms with a strategic roadmap for implementing circular economy models.</p> 2024-04-27T00:00:00+00:00 Copyright (c) 2024 THE ASIAN BULLETIN OF GREEN MANAGEMENT AND CIRCULAR ECONOMY http://abgmce.com/index.php/Journal/article/view/68 Beyond Borders: A Review of Food Market Integration and Sustainable Development Goals 2024-05-01T23:37:01+00:00 Ghulam Hussain Wagan ghwagan@sau.edu.pk Jam Ghulam Murtaza Sahito sahito@sau.edu.pk Aijaz Ali Khooharo khooharo@sau.edu.pk Hakimzadi Wagan hwagan@sau.edu.pk Farahnaz Gilal MSc-2K22-AE-05@student.sau.edu.pk <p>This paper presents a comprehensive review of food market integration research spanning 1990–2023, provides a thorough bibliography, and emphasizes its growth between developed and emerging economies. It evaluates 140 papers with the aim of highlighting the importance of price transmission, market stability and market integration in the food sector. The study provides an overview of econometric methodologies, review global assessment methods, and identifies the major elements that influence market integration, such as commerce, social capital, government interference, export policies, institutions, information, competition, and market power. The finding reveals a rise in research activities between 2000 and 2015, with a growing focus on developing countries. This work is to offer a synopsis to researchers, academicians, and policy makers on the extent of the food market both internationally and domestically. This paper will be helpful for the researchers interested in understanding and investigating the dynamics of food market integration with a useful resource by classifying previous works and identifying current developments. The review also offers commentary on current research and prospects and their implication in line with SDG 1 (No Poverty) and SDG 10 (Reduced Inequalities) as it promotes fair access to resources and economic opportunities.</p> 2024-05-02T00:00:00+00:00 Copyright (c) 2024 THE ASIAN BULLETIN OF GREEN MANAGEMENT AND CIRCULAR ECONOMY http://abgmce.com/index.php/Journal/article/view/69 Do environmental laws and green awareness Promote Sustainability in Higher Education: A Policy Guideline for Sustainable Development Goals 2024-04-17T02:41:00+00:00 Zarina Rashid zarinarashid109@gmail.com Shahir Rashid shahirrashid123@gmail.com Minahil Rashid manorashid28@gmail.com <table width="624"> <tbody> <tr> <td width="426"> <p>The purpose of this study is to investigate how green awareness (GA) and environmental laws (EL) can enhance group sustainability (CS) within HEIs. The objective is to recognize successful techniques for HEIs to add to the Assembled Countries Practical Improvement Objectives (SDGs). The specialists utilized a quantitative methodology, gathering information from 500 agents across different Pakistani HEIs through purposive testing. The legalization of the measurement model and the testing of confirmatory factor analysis (CFA) and structural equation modeling (SEM) were carried out with the help of the research hypotheses and IBM SPSS AMOS software. Ecological regulations straightforwardly influence maintainability execution, and their adequacy is fundamentally improved by the degree of green mindfulness inside the establishment, addressing that the outcomes uncovered significant direct impacts of EL and GA on CS, with EL's effect being interceded by GA. The consideration investigated that all component loadings outclassed the suggested edge, supporting the consistency and legitimacy of the ideas. The model reveals a good deal of the variation in CS. With R2 values, model-fit indices also suggested that the operational model was a good fit for the data. Cultivate green attention to accomplish further and seriously persevering through supportability results yet effective discoveries feature the necessity for HEIs with not just compliance to ecological regulations but the formation of partnerships to promote initiatives aimed at sustainability. The improvement of inclusive sustainability policies that are in line with environmental standards and the incorporation of sustainability into programs are two of the policy recommendations. HEIs' contributions to the SDGs are enhanced by their essential role in proceeding with global sustainability efforts and their strategies as a whole.</p> </td> </tr> </tbody> </table> 2024-05-02T00:00:00+00:00 Copyright (c) 2024 THE ASIAN BULLETIN OF GREEN MANAGEMENT AND CIRCULAR ECONOMY http://abgmce.com/index.php/Journal/article/view/73 Examining the Role of TV Channels in Promoting Environmental Awareness Among University Students in Pakistan: A Pathway to Sustainable Development Goals 2024-05-02T19:05:14+00:00 Naveed Iqbal naveed.iqbal@lcwu.edu.pk Sahar Zia sahar.zia@lcwu.edu.pk Faleeha Zahra Kazmi dr.faleeha.kazmi@gmail.com Samina Raiz samina.riaz@lcwu.edu.pk Aqsa Shabbir aqsa.shabbir@lcwu.edu.pk Huma Tauseef huma.taufeef@lcwu.edu.pk Amina Muazzam amina.muazzam@lcwu.edu.pk <p>As environmental crises escalate, the need for solutions becomes ever more pressing. In current situation, media outlets play a crucial role in educating the public about environmental issues. This study investigates the role of TV channels in projecting eco-friendly content and examines how university students perceive such content. Utilizing a survey method, data was collected from 110 university students, comprising both male and female, through purposive sampling. Survey questions focused on the role of TV news channels in highlighting environmental issues. Analysis, employing t-tests and descriptive statistics, revealed that a majority of respondents believe TV channels do not allocate sufficient airtime to environmental coverage. Notably, PTV emerged as the leading channel in environmental content production. Furthermore, TV channels effectively promoted initiatives such as the "CLEAN GREEN PAKISTAN" movement and the "Adopt a Park" scheme. The study underscores the potential for TV channels to significantly contribute to environmental awareness among the masses. This research not only sheds light on media influence but also aligns with the Sustainable Development Goals, particularly those related to environmental sustainability and education.</p> 2024-05-02T00:00:00+00:00 Copyright (c) 2024 THE ASIAN BULLETIN OF GREEN MANAGEMENT AND CIRCULAR ECONOMY http://abgmce.com/index.php/Journal/article/view/74 Addressing Environmental Factors for SDG 3-Health and Wellbeing: Perceived Stress, Sleep Quality, and Coping among Medical Students in Pakistan 2024-05-02T20:19:56+00:00 Nudra Malik nudra.malik@lcwu.edu.pk Anam Amama thepsychreflections@gmail.com Aqsa Shabbir Aqsa.shabbir@lcwu.edu.pk Naveed Iqbal naveed.iqbal@lcwu.edu.pk Huma Tauseef huma.tauseef@lcwu.edu.pk Sahar Zia sahar.zia@lcwu.edu.pk Amina Muazzam amina.muazzam@lcwu.edu.pk <p>The objective of this study was to investigate the interplay between perceived stress, sleep quality, and coping mechanisms among medical students, with a view to understand their implications for Sustainable Development Goal 3 (SDG 3) - "Good Health and Well-being," and considering environmental factors. Conducted as a cross-sectional study and 300 medical university students (152 men, 148 women), aged 18 to 25 years (mean age = 22.73, SD = 1.78), were selected using stratified random sampling based on their academic year. The study employed the Perceived Stress Scale, General Sleep Scale, and Brief COPE to assess the study variables. The results revealed gender differences in coping strategies, with female students exhibiting higher scores in avoidant and emotion-focused coping, while male students leaned towards problem-focused coping. Notably, perceived stress and avoidant coping emerged as significant predictors of poor sleep quality (p&lt;.05) among the participants. This study found significant relationship among use of green spaces, stress, sleep quality, and coping strategies among medical students, aligning with SDG 3's objective of ensuring healthy lives and promoting well-being for all. Furthermore, while the study did not directly address environmental factors, it indirectly emphasizes the importance of creating conducive environments for health and well-being. Environmental considerations such as access to green spaces and a healthy physical environment can influence individuals' stress levels and sleep quality, contributing to holistic health outcomes. Given these findings, the study recommends that counseling centers in universities develop strategies for managing students' stress and sleep quality, while promoting healthy coping skills. By addressing these factors comprehensively, universities can contribute to enhancing students' psychological well-being and advancing progress towards SDG 3 and create sustainable and healthy environments, as outlined in SDG 13 (Climate Action), to complement initiatives focused on fostering sustainable environments conducive to health and well-being.</p> 2024-05-02T00:00:00+00:00 Copyright (c) 2024 THE ASIAN BULLETIN OF GREEN MANAGEMENT AND CIRCULAR ECONOMY http://abgmce.com/index.php/Journal/article/view/57 Evaluating the Financial Feasibility of Renewable Energy Integration in Construction Sector 2024-01-22T11:50:26+00:00 Nijah Akram akramnijah@gmail.com Palwasha Farooq palwashafarooq24@gmail.com Muti Ul Haq mutikane@gmail.com Muhammad Nabeel nabeelfaiz1@gmail.com Fahad Asghar fahadasghar214@gmail.com <p>This important study details how economically viable renewable energy systems are in building and construction. The document begins with an intriguing discussion of renewable energy's role in sustainable development and environmental protection. For this article, a thorough literature review examines theoretical frameworks and financial analysis methods that support adding renewable energy systems to construction projects.This study examines many scholarly journals, industry reports, and conference papers using a qualitative secondary research design and the new Onion Framework. Using ideas, real-world data, financial evaluations, and case studies, layered analysis can reveal complex details about renewable energy systems' building industry profitability. A full comparison is in "Results." This section includes numbers and case studies that demonstrate the financial importance of switching to renewable energy. Show how upfront costs, payback periods, IRR, and comparative cost analyses differ between traditional and renewable energy systems using tables and figures. This research is combined with others in the discussion to explain how renewable energy systems affect construction costs. In addition to economic benefits, it suggests more research on regional differences and policy changes. This study suggests renewable energy systems in construction could be profitable. Although these systems require different initial investments, they may be cost-effective over time. It shows how important renewable energy strategy is for financially and environmentally sustainable building.</p> 2024-01-22T00:00:00+00:00 Copyright (c) 2024 THE ASIAN BULLETIN OF GREEN MANAGEMENT AND CIRCULAR ECONOMY http://abgmce.com/index.php/Journal/article/view/58 Enhancing Project Management Efficiency Through AI Integration, Team Proficiency, and Organizational Support: A Study in the Pakistani Context 2024-01-24T15:54:58+00:00 Aasim Munir Dad aasimmunir@hotmail.com Abdur Rahman Khan arkhanagp@gmail.com Asif Jamal asifjamal313@gmail.com <table width="630"> <tbody> <tr> <td width="402"> <p>In the realm of Artificial Intelligence (AI) integration and project management efficiency (PME), a comprehensive research study has been conducted, primarily focusing on various industries in Pakistan. The intricate interplay between AI integration, team proficiency in AI, organizational support for AI technologies, and PME forms the crux of this investigation. The theoretical underpinning of this research has been rooted in the Resource-Based View (RBV) theory. Data for this study have been collected through a structured questionnaire survey, targeting a diverse group comprising project managers, IT managers, senior executives, and other key personnel engaged in AI-driven decision support systems. The research has revealed significant positive correlations between the integration of AI, team proficiency in AI, organizational support for these technologies, and PME. These findings highlight the crucial role these elements play in enhancing project outcomes. This study, by uncovering these relationships, offers valuable insights for organizations aiming to optimize their project management practices, especially in emerging economies like Pakistan. It contributes to the existing body of knowledge by providing a nuanced understanding of how AI integration can be leveraged to enhance project management efficiency. Furthermore, the study discusses broader implications for policy and suggests directions for future research, emphasizing the strategic importance of nurturing AI competencies and fostering organizational support for AI technologies to realize enhanced project management outcomes.</p> </td> </tr> </tbody> </table> 2024-01-25T00:00:00+00:00 Copyright (c) 2024 THE ASIAN BULLETIN OF GREEN MANAGEMENT AND CIRCULAR ECONOMY http://abgmce.com/index.php/Journal/article/view/60 Political Stability and Performance of Financial Institutions in Pakistan 2024-02-09T13:14:27+00:00 Muhammad Usman Usmanchatha037@gmail.com Shoukat Ali shoukat.ali@iub.edu.pk Waseef ul Hassan waseefulhassan@gmail.com Muhammad Irfan Irfanrafiq129@gmail.com ayyaz Nadeem ayyaznadeem@gmail.com Shoaib Aslam shoaib.aslam@iub.edu.pk <table width="630"> <tbody> <tr> <td width="426"> <p>The purpose of the present study is to analyze the impact of political stability on the performance of financial Institutions in Pakistan. This is the first study in the context of Pakistan that analyzes the performance of financial institutions during the period of political stability. The study's sample period was from 2008 to 2017 because, for the first time in Pakistan, two pure political governments completed their electoral term since the country's independence in 1947. The data is collected from the balance sheet analysis provided by the State Bank of Pakistan on its official website. For the data analysis, the study used the CAMEL analysis technique. The CAMEL analysis technique was also used by the IMF in 2020 to analyze the performance of underdeveloped and developing countries of the world. The results show that the performance of locally owned financial institutions (MCB Bank, United Bank Limited, and Allied Bank) in Pakistan increased during this period. Still, foreign-owned bank's performance is not good even if they cannot fulfill the minimum requirement established by the State Bank of Pakistan. The results contribute to the efficiency theory of financial institutions. Further, the study suggests that the researchers can test the significance of the results by changing sectors to confirm, modify, accept, or reject the results.</p> </td> </tr> </tbody> </table> 2024-02-09T00:00:00+00:00 Copyright (c) 2024 THE ASIAN BULLETIN OF GREEN MANAGEMENT AND CIRCULAR ECONOMY http://abgmce.com/index.php/Journal/article/view/70 Unravelling the Interplay of Servant Leadership, Cognitive Trust, and Employee Wellbeing: A Cae of An Emerging Economy 2024-04-18T18:51:31+00:00 Erum Qureshi qureshi.erum@yahoo.com Firdous Ahmed Shehri fahmed.buic@bahria.edu.pk Alia Malik aliamalik1@live.com Osman Bin Saif osmansaif@hotmail.com <table width="624"> <tbody> <tr> <td width="426"> <p>This study examines the relationship between servant leadership, cognitive-based trust, and employee wellbeing in Pakistan's healthcare sector. Grounded in existing research, our study explains the theoretical underpinnings of servant leadership, cognitive-based trust, and employee wellbeing. Servant leadership prioritizes followers' needs, fostering positive outcomes such as organizational citizenship behavior and job engagement. Cognitive-based trust, rooted in transparent communication and shared values, is fundamental to healthy leader-follower relationships and organizational commitment. Employee wellbeing, encompassing physical and psychological dimensions, is crucial for organizational success. In Pakistan's healthcare sector, marked by its complexity and the need for positive work environments, this study investigates how servant leadership and cognitive-based trust impact employee wellbeing. Four hypotheses are formulated: (1) Servant leadership positively correlates with overall employee wellbeing, (2) Servant leadership positively influences cognitive-based trust development, (3) Higher levels of cognitive-based trust correlate with enhanced wellbeing, and (4) Servant leadership's positive influence on wellbeing is mediated by cognitive-based trust. Through empirical testing, this research aims to deepen understanding of leadership, trust, and wellbeing dynamics in healthcare, providing insights for organizational practices. By elucidating these relationships, the study seeks to contribute to the creation of flourishing and sustainable workplaces in Pakistan's healthcare sector.</p> </td> </tr> </tbody> </table> 2024-04-27T00:00:00+00:00 Copyright (c) 2024 THE ASIAN BULLETIN OF GREEN MANAGEMENT AND CIRCULAR ECONOMY http://abgmce.com/index.php/Journal/article/view/61 Navigating sustainable innovation: exploring the interplay between workplace happiness and the dynamics of leadership, empowerment and organizational culture in the context of green management and circular economy 2024-03-05T11:36:27+00:00 Sobia Anwer sobiaanwer06@gmail.com Mustafa Hyder mustafahyder@uok.edu.pk <table width="624"> <tbody> <tr> <td width="426"> <p>This study explores the impact of employee innovation on organizational success, focusing on influential leadership, suitable working environments, and autonomy. It highlights the role of workplace happiness, supportive or non-supportive colleagues, and job stress in fostering creativity. The study presents a model predicting innovative behavior in Karachi, Pakistan, bridging the gap between conceptual foundation and practical application. The study investigates the impact of workplace happiness, transformational leadership, psychological empowerment, and organizational culture on employee innovative behavior through Smart PLS. Survey data from 327 employees from Karachi hotels revealed that remodeling leadership, psychosomatic authorization, and firm culture stimulate creativity. Job anxiety also decelerates individual innovativeness. The PLS-SEM analysis reveals that transformational leadership, organizational culture, workplace happiness, and job stress significantly influence innovative behavior, accounting for 42% of the variance. The study examines the impact of remodeling leadership, psychosomatic authorization, and firm culture on employee contentment and innovative behavior. Transformational leadership is crucial for fostering innovation and creativity, while workplace happiness is essential for organizational success. Coworker support doesn't significantly influence innovative behavior, but job insecurity can lead to animosity and competition. Empowerment strategies don't significantly influence employee innovative behavior, but their success depends on corporate culture and implementation. Organizational culture significantly influences employee creativity, and job stress negatively impacts performance. The study's generalizability may be limited due to the hotel industry's inflated occupancy rates and staff availability issues, which may hinder data collection in diverse business contexts.</p> </td> </tr> </tbody> </table> 2024-03-05T00:00:00+00:00 Copyright (c) 2024 THE ASIAN BULLETIN OF GREEN MANAGEMENT AND CIRCULAR ECONOMY http://abgmce.com/index.php/Journal/article/view/62 Assessing The Role of Ongoing Training Initiatives In Improving Overall Employee Job Performance: A Case of an emerging Economy 2024-03-10T08:49:19+00:00 Faiq Gul Memon memonfaiq@yahoo.com Irfan Ahmed Lashari Irfan.lashari@salu.edu.pk Humaira Dogar humaira.dogar@salu.edu.pk Shumaila Phulpoto phulpotoshumaila@gmail.com <table width="624"> <tbody> <tr> <td width="432"> <p>This research delves into the pivotal role of ongoing training initiatives in elevating job performance within Mehran University of Engineering &amp; Technology, SZAB Campus, Khairpur Mir's. The objective is to scrutinize the role of ongoing training initiatives on overall job performance of employee through a descriptive research model, utilizing both primary and secondary information. The convenience sampling method is employed in study, 65 participants across three categories: Faculty Members, Officers, and Staff participated in the survey. A structured close-ended likert scale questionnaire serves as the primary tool for data collection. Statistical tools such as regression analysis, Pearson correlation analysis, and analysis of variance (ANOVA) are applied to examine the proposed alternative hypothesis. it was transpired from the results that the hypotheses are tested supported, in result it was known that ongoing training initiatives significantly enhance the employee overall job performance. The results are also encouraging for the organizations to increase the training initiatives to elevate employee performance. In summary, the research indicates that continuous training efforts are crucial in positively impacting the overall job performance of employees at Mehran UET, SZAB Campus, Khairpur Mir's. This underscores the significance of continuous learning and development programs in organizational settings, emphasizing the need for institutions to prioritize such initiatives for enhancing employee performance and organizational success.</p> </td> </tr> </tbody> </table> 2024-03-23T00:00:00+00:00 Copyright (c) 2024 THE ASIAN BULLETIN OF GREEN MANAGEMENT AND CIRCULAR ECONOMY http://abgmce.com/index.php/Journal/article/view/45 Green Entrepreneurial Self-Efficacy And Its Outcomes: The Mediating Role Of The Attitude Towards Entrepreneurship 2023-12-12T16:47:02+00:00 Farhan Qadir farhan.qadir@hotmail.com Shafaq Arif Chaudhry schaudhry@uclan.ac.uk <table width="624"> <tbody> <tr> <td width="432"> <p>The objective of this research is to investigate the correlation between green entrepreneurial self-efficacy (GESE) and its outcomes, which include innovative work behavior (IWB) and entrepreneurial intention (EI). Specifically, the study will focus on the meditating effect of attitude towards entrepreneurship (ATE) using the framework of theory of planned behavior (TPB). Data was collected from 307 employees working in SMEs related to the textile industry in Pakistan. M+ is used to test the research model. The research findings indicated that individuals' belief in their ability to succeed as green entrepreneurs had a beneficial effect on their inclination to engage in creative work practices and pursue entrepreneurial endeavors. Moreover, the attitude towards entrepreneurship served as a mediator in the connection between green entrepreneurial self-efficacy and its resulting effects, namely creative work behavior and entrepreneurial intention. Green entrepreneurial self-efficacy is the belief in one's ability to successfully engage in environmentally sustainable entrepreneurial activities. This study suggests that green entrepreneurial self-efficacy can be an effective tool for managers to induce entrepreneurial intention and innovative work behavior. This research added to green self-efficacy, innovation, and entrepreneurial literature and provided understandings into how managers could enhance the green entrepreneurial self-efficacy of employees to boost innovative work behavior and entrepreneurial intention.</p> </td> </tr> </tbody> </table> 2024-03-24T00:00:00+00:00 Copyright (c) 2024 THE ASIAN BULLETIN OF GREEN MANAGEMENT AND CIRCULAR ECONOMY http://abgmce.com/index.php/Journal/article/view/63 Green Banking in Pakistan: A Qualitative Study 2024-03-27T15:38:38+00:00 Altamash Khan altamash.khan@dms.iiui.edu.pk Syed Harris Laeeque harrislaeeque@hotmail.com Munibah Munir munibah.munir@dms.iiui.edu.pk <p>In the face of escalating global warming, the call for transformative action becomes increasingly urgent. As industries and consumers grapple with the imperative of environmental stewardship, the banking sector takes centre stage in the journey towards a sustainable future. Green Banking is a ground-breaking shift aimed at harmonizing financial practices with ecological imperatives. This study delves into the evolving landscape of Green Banking within Pakistan, investigating its impact on customer engagement and institutional viability. Through qualitative research methods, interviews with key stakeholders from leading Pakistani banks unveil a nuanced interplay of challenges and opportunities. While initial reservations and differing viewpoints persist among stakeholders, a growing consensus emerges regarding the inherent benefits of Green Banking. Drawing upon theoretical frameworks including theory of planned behaviour, ecological consumerism, innovation diffusion theory, and prospect theory, our analysis highlights the increasing allure of Green Banking initiatives for Pakistani banks. Despite enduring obstacles, our findings underscore the necessity for Pakistani banks to embrace and advocate Green Banking, not only as a moral obligation but also as a strategic imperative for maintaining market relevance and sustainability.</p> 2024-03-28T00:00:00+00:00 Copyright (c) 2024 THE ASIAN BULLETIN OF GREEN MANAGEMENT AND CIRCULAR ECONOMY http://abgmce.com/index.php/Journal/article/view/65 Interest Rate Sensitivity of Depositors in Non-Financial Banks: A Case of an emerging Economy 2024-03-15T09:52:52+00:00 Syed Muhammad Salman smsalman@iqra.edu.pk Muhammad Hasan muhammadshasan87@gmail.com Athar Iqbal athar@iqra.edu.pk Meer Rujaib Naseem rujaibnaseem@iqra.edu.pk Atif Aziz atif.aziz@iqra.edu.pk <table width="624"> <tbody> <tr> <td width="432"> <p>This study uses 62 years of data, from 1960 to 2021, including variables like deposits, interest rates, GDP, and inflation, to investigate the link between interest rates and deposit behavior in non-Islamic banks in Pakistan. The study finds that interest rates have a big influence on deposit behavior using time series analytic techniques as unit root testing, cointegration analysis, and Vector Error Correction Model (VECM). More specifically, people's decisions to deposit money in non-Islamic banks are observed to be influenced by interest rate variations. The results highlight the importance of interest rate changes in influencing deposit behavior, showing how people choose which non-Islamic institutions to deposit money with. These findings have significance for financial institutions, policymakers, and economists in general. They provide important new information about the ways in which monetary policy choices affect deposit mobilization and liquidity conditions in the banking industry. The report also proposes directions for further investigation, including the possible examination of differences in deposit behavior between demographic groupings or geographical areas. To further help understand the dynamics at work, it also suggests examining how interest rates affect deposits in various sample configurations. This research advances theoretical frameworks in the field by shedding light on the complex interactions between interest rates and deposit behavior. It also offers stakeholders practical guidance on how to deal with the effects of interest rate dynamics on deposit mobilization and banking sector liquidity.</p> </td> </tr> </tbody> </table> 2024-03-31T00:00:00+00:00 Copyright (c) 2024 THE ASIAN BULLETIN OF GREEN MANAGEMENT AND CIRCULAR ECONOMY http://abgmce.com/index.php/Journal/article/view/64 Century of the East and Peaceful coexistence of China and India: Moderating role of Belt and Road Initiative in Emerging Asian Economies 2024-03-28T20:24:39+00:00 Athar Iqbal athar@iqra.edu.pk Syed Muhammad Salman smsalman@iqra.edu.pk Meer Rujaib Naseem rujaibnaseem@iqra.edu.pk Muhammad Hasan muhammadshasan87@gmail.com Atif Aziz Atif.aziz@iqra.edu.pk <p>The study focusses on historical perspective, contemporary historical perspective as well as futurologist perspective of Sino-India relations, economic development and bilateral trade. The economic growth has been examined with the interaction effect of Belt &amp; Road Initiative. The purpose of this study is to find out the reasons of correlation between Sino-India economic growth patterns for last two thousand years as well as making recommendations for the optimal level of the relations in the region in the emerging century of East. The study further aims to examine the cross-country impact of infrastructure development on other countries. A total of thirty countries which are a part of Belt and Road Initiative were selected. The data is collected from World Bank Database from 1990 to 2019 (n=900). The data were analyzed using penal data regression models (fixed random effect regression models) to test the effect of macro-economic variables on economic growth, while hierarchical moderated regression analysis was used to determine the moderating effect of Belt and Road Initiative on the economic growth of participating economies. Belt &amp; Road Initiative significantly moderate the relationship of economic growth with its factors. Therefore, we conclude that Belt &amp; Road is pivotal for economic growth of region. In the century of Asia, China and India must understand that trade cooperation and congenial relations with in the region is beneficial for all the stakeholders in Asian Region while West and USA want to utilize India to halt the progress in the region and converting India a leading state to fight with China in the best interest of West. The only resolvable issues in Sino-India relations are border marketing in Tibrt, Arnachal Perdesh and Kashmir which are not only hampering the economic growth of these areas but also deviating the focus from economic growth towards militarization of the region. The limitations of this article is that the idea of Belt &amp; Road was initiated in 2013 and different countries have joined BRI in different years. We have taken only those countries which have become a part of BRI till 2017. Another limitation is that we have selected few macroeconomic and social variables to test their effect on economic growth. We have selected those variables which are important for developing economies since majority of countries in BRI are developing. It is a unique study from the perspective, that it is using the available and estimated GDP of last two thousand years to find out the correlation between China’s and India’s economic growth and based on empirical analysis rather than theoretical one, suggesting the optimal level of relationship between China and India, why active participation of Betl &amp; Road Initiative (BRI) by India is necessary for India’s growth.</p> 2024-03-31T00:00:00+00:00 Copyright (c) 2024 THE ASIAN BULLETIN OF GREEN MANAGEMENT AND CIRCULAR ECONOMY