Significance of Financial and Non Financial Information on Credit Rating: An Empirical Study on Banking and Insurance Sectors of Pakistan

Rashid, Muhammad Khalid; Haq, Muhammad Noor ul; Khalid, Umair; Basit, Abdul

doi:10.26710/jafee.v7i3.1986

Cited by 1 publication

(1 citation statement)

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“…This study attempts to answer questions relating to the factors that need to be given importance to having a sustainable financial environment and establishing a contextual relationship among these factors. To achieve these research objectives, various methodological techniques (Huang et al 2022 ; Balsalobre-Lorente 2022 ; Ali et al 2022 ; Rashid et al, 2021 ) and interpretive structural modeling (ISM) combined with Matrices’ Impacts Cruise’s Multiplication Appliquée a UN Classement (MICMAC) are the most suitable for this study. These techniques are helpful in the qualitative analysis of complex interdependent relations using limited data.…”

Section: Introductionmentioning

confidence: 99%

Assessment of sustainable green financial environment: the underlying structure of monetary seismic aftershocks of the COVID-19 pandemic

Abbass

Niazi

et al. 2022

Environ Sci Pollut Res

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The study aims to assess a sustainable green financial environment by exploring the underlying structure of monetary seismic aftershocks of the COVID-19 pandemic. This study is qualitative and uses a review of literature, primary data collection methods, and qualitative analysis techniques as the study’s overall design. The data is collected by one-to-one interview using a matrix style questionnaire from a panel of experts based on the purposive sampling technique. Interpretive structural modeling (ISM) combined with Matrices’ Impacts Cruise’s Multiplication Appliquée a UN Classement (MICMAC) is used for assessment, modeling, and analysis of data. The monetary aftershocks, namely, “more cash in hand required,” “decreased travel costs,” “shift to more certain or fixed revenue streams,” “lower rent costs,” “more zealous monitoring of cash collection cycle,” and “decreased entertainment costs,” occupy level I (top of the model being least critical shocks), and “tedious regulations” occupy level VIII (bottom of the model being the most vital) . Other aftershocks form the middle of the model being moderate critical. Analysis of MICMAC shows that monetary seismic aftershocks high fees for assistance regarding SOPs, tedious regulations, and more downtime due to pandemic alerts are independent. This study addresses the core issue from within the aftermath of the COVID-19 pandemic. It provides new important information regarding the structure of a sustainable green financial environment that is useful for economists, financial analysts, commercial and central bankers, accountants and finance managers from the organization’s public/and private sectors, local and international community, and researchers of the domain. It provides an informative structural model and classification of critical aftershocks. There are specific data/methodological/resource-related limitations of the study. The study’s data are collected from a focus group; the study’s methodology is qualitative and indicates relations among variables that do not quantify the associations. The study is a typical initiative of academic researchers with limited financial/physical resources; therefore, the generalizability of the study results is accordingly limited. The study is based on original, essential data and innovatively and creatively approaches the problem. It provides a unique model of an unprecedented phenomenon for reverberating the sustainable green financial environment.

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Section: Introductionmentioning

confidence: 99%