Energy is the main element for a modern lifestyle that must be considered in economically reliable and sustainable development dialogues. The financial performance of solar power projects has become the main issue, especially in developing countries such as Pakistan, where it has gained the special attention of government and regulatory authorities. The present study evaluates green technology strategies for the sustainable development of solar power projects in Pakistan. We examine the moderating role of cost and riskiness of the methods between the nexus of capital budgeting techniques and the financial performance of solar power projects. The analysis is performed on data collected from 44 respondents (chief financial officers and chief executive officers) by accompanying an inclusive questionnaire survey. Partial least squares structural equation modeling (PLS-SEM) is used to assess the formulated suppositions. The results reveal that green technology strategies positively impact the sustainable development of solar power projects. The profitability index is a good source of higher financial performance of the solar power projects. The results further demonstrate that the cost and riskiness of the methods significantly moderate the nexus of capital budgeting techniques and the financial performance of solar power projects. These findings provide a valuable manual for policymakers, government institutions, and regulators to select the appropriate green technology strategy to increase cleaner production and sustainable development of solar power projects.
Drawing on the motivation, opportunity and ability (MOA) framework, we investigate the influence of charismatic leadership on salespeople’s service and sales activities—termed service-sales ambidextrous (SSA) behavior, which subsequently turn into service recovery performance outcomes. The primary aim of this research is to strengthen salespeople’s service quality in parallel to their selling activities while recovering a service failure. We validate the model using a sample of 344 business-to-business salespeople using partial least square structural equation modeling (PLS-SEM) technique. Study results show that charismatic leadership is positively and significantly related to service-sales ambidexterity. Likewise, service-sales ambidexterity has a positive and significant relationship with service recovery performance and adaptive selling behavior. Moreover, we found a significant relationship between adaptive selling behavior and service recovery performance. The results further specify that salesperson motivation, opportunity and ability to engage in SSA significantly moderate the relationship between charismatic leadership and service-sales ambidexterity. The results suggest the need for training programs that provide the salesperson with opportunities to understand the simultaneous implementation of selling strategies while also providing customer services.
Funding for developing-country investments in renewable energy sources has been considered an essential factor for sustainable development after COVID-19. Solar energy investments can be very beneficial in reducing fossil fuel usage. A poll of investors, stakeholders, industry experts, and media personalities in Pakistan was used to gather data for this study, which examines individual investors’ intentions to invest in solar energy. This study’s primary objective is to enhance investment intention connected with investment in solar energy projects after COVID-19. Investing in solar power projects in the post-COVID-19 period is the focus of this study. To evaluate the study’s hypotheses, we used partial least squares structural equation modeling (PLS-SEM). We used the purposive sampling technique for data collection in this study. The findings show that attitudes, subjective norms, perceived investment attitudes, and evaluations of the regulatory framework influence one’s willingness to invest in renewable energy initiatives. The study identified a correlation between environmental concern, financial rewards, and investing behavior. Investors’ desire to make these kinds of investments was found to be unaffected by risk aversion. According to the data, regulatory framework evaluation is the most significant determinant. Previous research that looked at investment behavior or other forms of pro-environmental intention or behavior came to different conclusions. In addition, this study examined how the theory of planned behavior (TPB) influences investors’ intentions to invest in solar energy by evaluating the regulatory environment. The study results show that people’s attitudes and perceptions of energy efficiency indirectly impact their willingness to invest in solar power. Subjective norms do not influence investors’ plans to put money into solar energy. Policymakers will benefit from this study’s realistic advice on how to increase solar energy investments.
27 December 2023 in Environmental Science and Pollution Research
In the digitalization era, costs can be minimized and operations get fast for a sustainable environment. To compete in this modern era and manage operations, the supply chain shifted to smart technology to meet the goals of CSR for a sustainable environment. IoT has a great influence on the close-loop logistics operations in firms. This paper investigates the benefits of IoT in closed-loop logistics operations’ effects on the goals of CSR for a sustainable environment and how the use of smart technology impacts the operations of CLSC to meet the goals of CSR for a sustainable environment. For data, we get the data of firms that are on close-loop logistics and firms that are using smart technology for their operations. regression for analysis in STATA. Results show that firms that are using smart technology for their operations are achieving more CSR goals for a sustainable environment. The Internet of Things will not instantly contribute to the accomplishment of CSR targets, despite the fact that it has a direct and positive influence on closed-loop supply chains (CLSC). The CSR goals are not directly relatowith the internet of things; nevertheless, the internet may be utilized as regulatory or assisting tools in order to achieve them. CLSC helps to change the sustainability measures in the environment. . Firms should shift to the closed loop supply chain to minimize the resources and better places for businesses to achieve CSR goals for a sustainable environment
4 July 2024 in Energy Technologies and Environment
The objective of this study is to explore the link between the financial sector, macroeconomic fluctuations, and sustainable energy production in South Asia. It evaluates existing research, identifies gaps, and suggests future directions. The study emphasizes the need to understand how economic activities influence the environment and how environmental factors impact economic and financial outcomes. It also examines financial market responses to understand the manifestation of economic and environmental factors, using data from Bangladesh, India, Pakistan, and Sri Lanka spanning 1987 to 2022. The results show that investment in green energy is essential for developing countries. The study suggests that the relationship between the region's stock market, GDP, carbon emissions, and green energy is complex, with a negative response to domestic credit indicating potential obstacles to investment, such as policy barriers or insufficient incentives. Mixed responses highlight the need for credit directed towards sustainable projects. Variations in responses across economic indicators may indicate policy challenges or structural issues, necessitating a reassessment of government policies to incentivize sustainable investments and promote green technology adoption. These results imply that policymakers should precisely assess the environmental ramifications of economic growth and stock market activities. This presents an opportunity to craft policies that guide investments toward cleaner technologies and industries, aligning economic growth with sustainable practices. Policymakers and financial institutions should explore ways to incentivize green energy investments and promote sustainable economic growth.