Finance

Open Access Article Finance

Cash Management: A Key Driver of Performance for Conventional Banks in Pakistan

Ali Raza, Hani Na’el Al- Abdallat , Ahsan-ul-Haq Shaikh

pp. 20-27 Abstract views: 0 Downloads: 0 https://doi.org/10.36923/economa.v26i1.225

Abstract: This research examines the critical influence of cash management on the financial efficacy of the conventional banking sector in Pakistan. This study represents the initial attempt to assess the influence of liquidity, debt ratio, and bank size on return on assets among five conventional banks in Pakistan. Information was obtained from audited annual reports from publicly traded banks that span from 2017 to 2021. The results indicate a… Read More: Cash Management: A Key Driver of Performance for Conventional Banks in Pakistan

Open Access Article Economics Finance

The Impact of Banking Penetration on Foreign Direct Investment in ASEAN: Comparative Analysis of Indonesia, Malaysia, and Thailand

Ariodillah Hidayat, Xenaneira Shodrokova

pp. 45-56 Abstract views: 0 Downloads: 0 https://doi.org/10.36923/iefrontiers.v27i2.245

Abstract: High banking penetration is considered an important indicator of the stability and maturity of a country's financial system, which can attract foreign direct investment (FDI). This phenomenon is becoming increasingly relevant in the ASEAN region, which continues to seek to increase its attractiveness for foreign investors amid global challenges. The study used secondary data from the International Monetary Fund covering the period from 2010 to… Read More: The Impact of Banking Penetration on Foreign Direct Investment in ASEAN: Comparative Analysis of Indonesia, Malaysia, and Thailand

Open Access Article Economics Finance

Impact of Financial Behavior And Experience on Financial Literacy: A Study of Universities In Pakistan

Ali Raza, Turgut Tursoy, Erum Shaikh, Mumtaz Ali

pp. 27-37 Abstract views: 0 Downloads: 0 https://doi.org/10.36923/economa.v27i1.240

Abstract: The aim of this research is to investigate the impact of financial behavior and experience on the financial literacy of university students. The study employs a primary approach to data collection utilizing questionnaires. The targeted population consists of students from various universities in Pakistan, with a sample size of 250 students chosen through random sampling. Regression analysis reveals a positive and statistically significant… Read More: Impact of Financial Behavior And Experience on Financial Literacy: A Study of Universities In Pakistan

Open Access Article Finance

The Sustainable Growth of Korean Listed Firms in the lens of Pay Disparity and Managerial Overconfidence

Hansol Lee, Kevin Troy Chua, Minsang Lee

pp. 124-139 Abstract views: 0 Downloads: 0 https://doi.org/10.36923/iefrontiers.v27i2.273

Abstract: This study aims to assess the impact of pay disparity on the sustainable growth of listed firms in Korea, and to explore how this relationship is influenced by the presence of managerial overconfidence. Employing a fixed-effects regression model, the analysis draws on 10,244 firm-year observations from Korean-listed firms between 2012 and 2022. The findings reveal a significant positive association between pay disparity and the sustainable… Read More: The Sustainable Growth of Korean Listed Firms in the lens of Pay Disparity and Managerial Overconfidence

Open Access Article Economics Finance

Unpacking The Contributing And Mitigating Factors of External Debt In Pakistan: An Ardl And Local Projection Approach

Ashfaque Ali Gilal, Nor Asmat Ismail, Siti A'sya Baharudin

pp. 13-29 Abstract views: 0 Downloads: 0 https://doi.org/10.36923/iefrontiers.v27i2.244

Abstract: This study aims to investigate the root causes of burgeoning external debt in Pakistan and to identify potential ways to minimise the growing burden of external debt. By analyzing time series data from 1976 to 2022, using the Auto Regressive Distributive Lag Model (ARDL) bound test and local projection impulse response, the research finds a long-term relationship among remittances, external debt, and other variables. The results indicate that… Read More: Unpacking The Contributing And Mitigating Factors of External Debt In Pakistan: An Ardl And Local Projection Approach