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1 – 10 of 23Ahmed M.S. Mohammed and Tetsuya Ukai
This paper aims to identify the most suitable location for a university campus in Egypt based on governorates’ social needs by employing the analytic hierarchy process (AHP). The…
Abstract
Purpose
This paper aims to identify the most suitable location for a university campus in Egypt based on governorates’ social needs by employing the analytic hierarchy process (AHP). The paper, then, reflects the findings retrieved from the Egyptian context on the Japanese context to reveal how different countries deal with the location-allocation decision problem for university campuses.
Design/methodology/approach
The AHP is employed to evaluate and rank Egyptian governorates based on 13 distinct criteria obtained from governmental open-source databases. These criteria measure the social needs of each governorate, guiding the decision on the location of new university campuses.
Findings
The results expose a disparity between Egypt's current campus development plan and recommendations derived from AHP analysis. The location-allocation decision for new university campuses appears to be influenced by subjective assessments, indicating a gap between planned developments and identified social needs. Additionally, contextual social and cultural differences between developing and developed countries impact the identification and fulfilment of the demand for a new university campus.
Originality/value
This paper contributes by offering decision-makers a robust location-allocation framework. It serves as a valuable tool for policy formulation in establishing new public universities in both developing and developed countries. Comparative analysis with the Japanese context enriches the understanding of how countries address the location-allocation decision problem for university campuses, emphasising the significance of context-specific considerations in such decisions.
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Vineeta Kumari, Dharen Kumar Pandey, Satish Kumar and Emma Xu
The study aims to examine the impact of six events related to the escalating Indo-China border conflicts in 2020 on the Indian stock market, including the role of firm-specific…
Abstract
Purpose
The study aims to examine the impact of six events related to the escalating Indo-China border conflicts in 2020 on the Indian stock market, including the role of firm-specific variables.
Design/methodology/approach
This study employs an event-study method on a sample of 481 firms from August 23, 2019 to March 3, 2022. A cross-sectional regression is employed to examine the association between event-led abnormal returns and firm characteristics.
Findings
The results show that, although the individual events reflect heterogeneous effects on stock market returns, the average impact of the event categories is negative. The study also found that net working capital, current ratio, financial leverage and operating cash flows are significant financial performance indicators and drive cumulative abnormal returns. Further, size anomaly is absent, indicating that more prominent firms are resilient to new information.
Research limitations/implications
The ongoing conflict between Russia and Ukraine is an example of how these disagreements can devolve into a disaster for the parties to the war. Although wars have an impact on markets at the global level, the impacts of border disputes are local. Border disputes are ongoing, and the study's findings can be used to empower investors to make risk-averting decisions that make their portfolios resilient to such events.
Originality/value
This study provides firm-level insight into the impacts of border conflicts on stock markets. The authors compare the magnitude of such impacts on two types of events, namely injuries and casualties due to country-specific border tensions and a government ban on Chinese apps. Key implications for policymakers, stakeholders and academics are presented.
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Megha Chhabra, Mansi Agarwal and Arun Kumar Giri
While sustainable growth extends the use of resources, it is crucial to explore green growth (GG) that ensures growth sustainability through the adoption of renewable energy…
Abstract
Purpose
While sustainable growth extends the use of resources, it is crucial to explore green growth (GG) that ensures growth sustainability through the adoption of renewable energy. Thus, this study is motivated to investigate the influence of renewable energy on GG in 19 emerging countries spanning a decade and a half (2000–2020). This study aims to provide a quantitative examination of how renewable energy contributes to sustainable economic growth.
Design/methodology/approach
This study uses advanced dynamic common correlated effect techniques to assess the long-term effectiveness of renewable energy on GG. Additionally, it uses Dumitrescu and Hurlin causality tests to identify synchronicity between the respective variables.
Findings
The findings of this study reveal that the adoption and utilisation of renewable energy effectively promote GG in emerging economies. However, in contrast, the significantly greater negative influence of trade openness on GG compared to renewable energy highlights the inadequacy and limited impact of cleaner energy alone.
Originality/value
To the best of the authors’ knowledge, existing literature predominantly focuses on investigating the relationship between renewable energy and economic growth, with only a limited number of studies exploring the impact on GG. To the best of the authors’ knowledge, this study would be the first to analyse this relationship in these emerging countries. Furthermore, previous estimation frameworks used in prior studies often overlook the crucial factor of cross-sectional dependence (CSD) among countries. Therefore, this study addresses this issue using a contemporary econometric approach that deals not only with CSD but other biases, like endogeneity, autocorrelation, small sample bias, etc.
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Amjad Ali Rind, Muhammad Mujtaba Asad and Fahad Sherwani
The main purpose of this review was to synthesize pre-service teachers' digital self-efficacy in the context of education 5.0 and to identify the elements that affect pre-service…
Abstract
The main purpose of this review was to synthesize pre-service teachers' digital self-efficacy in the context of education 5.0 and to identify the elements that affect pre-service teacher's digital self-efficacy and preparedness for future technologies. A systematic review approach was employed to analyze the 22 articles about the pre-service teachers' digital self-efficacy of in the paradigm of education 5.0. The review was conducted from 2012 to 2022 following the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) guidelines. In this study, PICO model was used in framing research questions. The findings of the review revealed that limited study has been carried out in the context of digital self-efficacy in the context of education 5.0. It was found that previous studies were only focusing general digital self-efficacy through traditional ways. Moreover, findings revealed there is lack of research on digital self-efficacy pre-service teachers in the realm of education 5.0 paradigm in the literature. More specifically, the results revealed that implementation of education 5.0 into teacher preparation programmes faces numerous challenges, including a lack of technological approach, poor digital infrastructure, the digital divide, a paucity of professional training opportunities for teachers and a lack of importance in policies. This synthesis of the literature review has practical implications for pre-service teachers along with policymakers. Pre-service teachers are required to increase their digital skills for the reason that they could teach the advanced generation. The policymakers can revisit and update the curriculum to incorporate education 5.0 principles in the teacher education programmes. This comprehensive review helps to better understand the pre-service teachers' digital self-efficacy towards education 5.0 and contributes to the body of existing knowledge on digital self-efficacy. Moreover, this study gives valuable insights on the incorporation of education 5.0.
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Nowadays, the main challenge in the higher education is the daunting task of transforming universities into digital era institutions. Improving HE students' competence to meet the…
Abstract
Nowadays, the main challenge in the higher education is the daunting task of transforming universities into digital era institutions. Improving HE students' competence to meet the flow of technological innovations through DT has been the focus of many countries. This task has imposed the restraint that HE institutions should implement the most effective strategies of DT. This chapter is focusing on how DT strategies play their role in making the transformation itself become germane and give its fruits. Therefore, this chapter presents the most effective DT strategies that can be implemented by HE institutions in order to prepare their students for the existing professional roles in their societies. A good DT strategy is one that connects the organization's current level of digital maturity with its future ambition. The well-known strategies in the DT field are as follows: the strategy of electronic projects, strategy of smart electronic platforms, integrated training strategy, participatory e-learning strategy, smart learning strategy, pervasive learning strategy, microlearning strategy and e-design thinking strategy, in addition to the strategy in which traditional learning methods are combined with e-learning methods. It is worth noting here that the chapter is not an attempt to favor a strategy over another or compare and contrast them to uncover their differences at any level. On the contrary, the writer will work on displaying how each strategy can be implemented in order to accomplish DT in HE instructional practices. Also, this chapter will show how complementary these strategies can be once they are utilized to reach DT.
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Nurcan Kilinc-Ata, Abdulkadir Barut and Mücahit Citil
Today, many industries are implementing creative approaches in response to increasing environmental awareness. It is of great importance to answer the question of whether the…
Abstract
Purpose
Today, many industries are implementing creative approaches in response to increasing environmental awareness. It is of great importance to answer the question of whether the military sector, one of the most important sectors, can support renewable energy (RE) adaptation. This study aims to examine how military spending affects the supply of RE in 27 Organization for Economic Cooperation and Development (OECD) nations as well as the regulatory function of factors such as innovation, international trade and oil prices between 1990 and 2021.
Design/methodology/approach
The study examines the effects of military spending, income, green innovation, international trade, oil prices and the human development index on the supply of RE using various econometric approaches, which are the cointegration test, moments quantile regression and robustness test.
Findings
The findings demonstrate that all factors, excluding military spending, quite likely affect the expansion of the renewable supply. Military spending negatively influences the RE supply; specifically, a 1% increase in military spending results in a 0.88 reduction in the renewable supply. In addition, whereas income elasticity, trade and human development index in OECD nations are higher in the last quantiles of the regression than in the first quantiles, the influence of military spending and innovation on renewable supply is about the same in all quantiles.
Practical implications
OECD nations must consider the practical implications, which are essential to assess and update the military spending of OECD countries from a green energy perspective to transition to clean energy. Based on the study’s overall findings, the OECD countries should incorporate the advantages of innovation, economic growth and international trade into their clean energy transition strategies to lessen the impact of military spending on renewables.
Originality/value
The study aims to fill a gap in the literature regarding the role of military expenditures in the RE development of an OECD country. In addition, the results of the methodological analysis can be used to guide policymakers on how military spending should be in the field of RE.
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Abidullah Khan, Syeda Beena Zaidi, Abid Mahmood and Shabeer Khan
The low-income groups in developing nations need microcredits to support their family needs. As banks avoid providing microcredits due to high costs, microfinance institutions are…
Abstract
The low-income groups in developing nations need microcredits to support their family needs. As banks avoid providing microcredits due to high costs, microfinance institutions are the last resort for this segment of society. The cost of borrowing for the borrowers is indeed high. However, these microfinance institutions play a significant role in financial inclusion. In Muslim countries where financial inclusion takes a hit as a portion of society does not want to indulge in usury transactions, Islamic microfinance institutions play a vital role. In this chapter, the focus is on the Islamic microfinance institutions and their role in achieving the objectives of Shari'ah (maqasid al-Shari'ah) along with the fulfillment of goal of financial inclusion. A case study of Akhuwat Foundation found that the institution offers different interest-free microcredit products along with free healthcare and clothing to the needy segment of society. In this way, not only that the financial inclusion is achieved but also the objectives of Shari'ah are fulfilled. The study provides key facts to the academia and microfinance industry in achieving financial inclusion and fulfilling maqasid al-Shari'ah altogether, in which the banking sector is lacking.
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Ismail Olaleke Fasanya and Oghenefejiro Arek-Bawa
Given the interest in sustainable development, this study aims to assess the relationship between CO2 and urbanization as well as the role of world uncertainty in this association…
Abstract
Purpose
Given the interest in sustainable development, this study aims to assess the relationship between CO2 and urbanization as well as the role of world uncertainty in this association in a South African context.
Design/methodology/approach
This study focuses on yearly data from 1968 to 2020. To do this, the authors use the autoregressive distributed lag (ARDL) approach.
Findings
The authors find that urbanization’s effect on CO2 emissions is only significant when it is augmented with world uncertainty. Moreover, this effect is negative (referring to a reduction in CO2 emissions). Meanwhile, the authors find that GDP has a positive (that is, increasing) and significant effect on CO2 emissions. Overall, policymakers should focus on decoupling economic growth from traditional fossil fuels that produce greenhouse gas emissions.
Originality/value
The existing body of research contains numerous studies examining the relationship between urbanization and CO2 emissions. However, the dearth of research on the impact of global uncertainty on this connection is weak. Hence, this study aims to fill this gap and make a significant contribution to the field.
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Jorge Tello-Gamarra, David Jesus Mayorga Gutierrez, Martin Hernani-Merino and Julio Zevallos
In general, it is believed that firms belonging to the high technological intensity stratum have a more innovation capability. However, evidence has begun to appear in the…
Abstract
Purpose
In general, it is believed that firms belonging to the high technological intensity stratum have a more innovation capability. However, evidence has begun to appear in the literature demonstrating that firms in the low-tech stratum also have the innovation capability. This paper seeks to solve this dilemma. Through an analysis of industrial firms in an emerging country, this study aims to identify the existence of innovation capability in all strata of technological intensity.
Design/methodology/approach
The authors empirically assessed the impact of innovation capability on the performance of firms in all strata of technological intensity. The authors studied a sample of 910 firms from different industries and technology intensities operating in Peru, by applying a partial least squares structural equation model (PLS-SEM).
Findings
This study obtained three important findings. First, the authors show that innovation capability is present in all strata of technological intensity. Second, innovation capability differs according to the technological stratum. Third, firms in the lowest technological stratum can use more capabilities than those in the other strata.
Originality/value
This study pioneers the empirical analysis of innovation capability and technological intensity simultaneously to verify that innovation capability exists in the four strata of technological intensity.
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Yilmaz Bayar, Valentin Toader, Marius Dan Gavriletea and Oguzhan Yelkesen
Sustainable development is considered a key factor in addressing environmental issues, global inequalities and poverty. This study aims to investigate the impact of stock market…
Abstract
Purpose
Sustainable development is considered a key factor in addressing environmental issues, global inequalities and poverty. This study aims to investigate the impact of stock market indicators on sustainable development across 16 emerging markets from 2003 to 2020.
Design/methodology/approach
The research uses causality and cointegration analyses to explore the relationships between stock market indicators and sustainable development.
Findings
Univariate causality analysis reveals a bidirectional causal relationship between the stock market turnover ratio and sustainable development, as well as a unidirectional relationship from sustainable development to stock market capitalization and total value traded. Panel-level cointegration analysis suggests that only stock market capitalization has a weak positive influence on sustainable development. However, the impact of stock market indicators on sustainable development varies significantly among countries, as revealed by country-level cointegration analysis.
Research limitations/implications
While this study provides valuable insights, it is not without limitations. The findings are limited to the selected emerging markets and the specified timeframe (2003–2020). The complexity of factors influencing sustainable development suggests the need for further exploration in diverse contexts.
Practical implications
Understanding the nuanced relationships between stock market indicators and sustainable development can offer valuable insights for policymakers, investors and stakeholders.
Originality/value
This research contributes to the existing literature by examining the multifaceted connections between stock market indicators and sustainable development, focusing on country-specific causality relationships. The study highlights the reciprocal nature of this relationship, where financial market development can both influence and be influenced by a country's progress toward sustainability. This approach provides a more nuanced understanding of the complex interaction between stock market maturity and sustainability goals.
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