The study has been conducted to analyze the moderating role of economic factors of foreign investor over the relationship between regulatory factors and environmental degradation in Dubai. The study has been conducted in Dubai considering the country as a fastest growing economy and attracting foreign direct investment in all fields. For the purpose of fulfilment of the study objectives the research developed two hypotheses. The hypothesis was tested over a sample of 335 responses generated from the executives of multinational firms of Dubai. The results confirmed that regulatory factors have a direct impact over environmental degradation, similarly, foreign investor characteristics also have a significant moderating role over the significant relationship between regulatory factors of foreign direct investment and environmental degradation. The study is important for the policy makers to develop such rules that negative influence over the environment may be curtailed.
The purpose of the study is to identify the moderating role of economic factors of foreign investor over the relationship between economic factors and environmental degradation in Dubai which is among the fastest-growing economies and is attracting foreign direct investments (FDI) at the best. In order to meet the objectives of the study two hypotheses were developed. The first hypothesis deals with the direct effect of economic dimensions of foreign direct investment (Alkathiri, 2022), whereas, the second hypothesis deals with the moderating impact of foreign investor characteristics over the relationship between economic dimensions of foreign direct investment and environmental degradation. Both hypotheses have been checked over the primary data collected from the executives of multinational companies operating in Dubai. The findings of the study revealed that economic dimensions of foreign direct investment have a significant impact on environmental degradation. Likewise, foreign investor characteristics hold a significant moderating role in the significant relationship between economic factors of foreign direct investment and environmental degradation (Khan & Agha, 2015). The study showed some limitations and opened the horizons for future research.
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