How do large commercial banks adjust capital ratios: empirical evidence from the US?

This research explores the balanced panel data to examine the level of capital adjustment for major insured commercial banks over the 2002-2018 period using a two-step GMM estimator. The findings show that the speed of adjustment of the large insured commercial banks is faster than that of non-financial companies. The results contribute to a slower average adjustment pace of a total capital ratio than the total risk-based capital and capital buffer ratios. The adjustment of capital is faster in the post-crisis period than during and before-crises era. The adequately capitalized banks adjust capital ratio faster than well-capitalized banks. In contrast, the under-capitalized banks adjust the total risk-based capital ratio and capital buffer ratio more quickly than that of others. The low liquid banks needed a higher time to restore equilibrium than high liquid banks. The results of this study have economic significance for policy implications and future regulations

Health related quality of life assessment in patients with hepatitis: a case of Pakistan

The intention of this study is to dig out the demographic, medical, economic and psychosocial factors that affect the health related quality of life of the hepatitis B and C patient in district Sargodha. 120 patients of hepatitis B and C virus were interviewed. WHOQOL-BREF questionnaire was followed for the construction of health-related quality of life (HRQOL) instrument. Age of the patient, disease severity, use of drug, pain, depression, financial hindrance and threat of death negatively affect the HRQOL of the hepatitis patient while, vaccination, income, education, sleep, opportunity of leisure and better living condition affect HRQOL positively.HRQOL, HBV, HCV, Pakistan

Human Capital Development Typology: A Case Study of the Saudi Arabia

Saudi government is struggling to build knowledge based society to encounter social and economic challenges for the year 2030, when oil supply will be just sufficient to meet local Saudi demands. This study embarks upon the importance of the mixed-economy for sustainable growth in the 21st century. This study investigates three objectives. Firstly, it highlights Saudi socio-economic challenges. Secondly, it identifies alternative ways to realize the vision of mixed economic model for oil driven economy. Thirdly, it identifies the relationship between human capital and Saudi economic indicators. This research presents a typology based upon econometric models using secondary data, collected from World-Bank, World Health Organization (2013) and Saudi Monitory Agency annual statistical data-streams. It is recommended that the Saudi youth can play a vital role in economic growth subject to change in their mindset to overcome artificial joblessness among the Saudis

COVID-19 Pandemic: Influences on the Practice of Neurosurgeons all over Pakistan

Objective:  The aim of this survey was to observe the impacts of COVID-19 pandemic on neurosurgery practices during this pandemic, assess various types of adaptations taken by them, protective measures during patient examination and effects on their health, family and socioeconomic life. Material & Methods:  A Questionnaire comprising 32 questions was circulated among practicing Neurosurgeons of Pakistan by social media, e-mails for 8 weeks (January-February 2021) and their responses were analyzed. Results:  108 participants were involved from all over Pakistan. 32% respondents stated reduction in clinical practice to a level of less than 25%. While, 10% reported complete closure of outpatient services during pandemic. There were varied responses on the use of protective measures and most used N95 mask only (31%). Pandemic also affected the research work, finances and leisure time activities. Conclusion:  Our study showed that neurosurgical practice was influenced by COVID-19 pandemic in many aspects in Pakistan. Proper method of protective measures and COVID testing of patients were lacking among them. Neurosurgeons should follow standard guidelines according to institutional directives in local neurosurgical practices so as to avoid being influenced by such crisis.

Physio-biochemical responses and defining selection criteria for drought tolerance in Sorghum bicolor

Forty cytoplasmic male sterile (CMS) sorghum lines were evaluated for different physiological and biochemicaltraits under drought stress. Considerable genetic variability was found among all physio-biochemical traits i.e.water potential (Ψ w), stomatal conductance (gs), photosynthetic efficiency, acid detergent fiber (ADF), neutraldetergent fiber (NDF), ash and sugar contents. Results indicated that ash contents were found to be most adverselyaffected by drought stress followed by sugar contents and stomatal conductance respectively. However, thevalues of crude protein, acid detergent fiber (ADF) and neutral detergent fiber (NDF) were observed to be increaseunder stress condition. Principal component analysis (PCA) was applied to recognize drought tolerant lines.Selection criteria was based upon findings of correlation analysis among all studied traits. The positive associationof water potential, stomatal conductance and photosynthetic efficiency with desirable traits viz. ash and sugarcontents; and NDF association with undesirable traits viz. ADF and NDF revealed a way forward to design futurebreeding programs of sorghum crop under the prevailing scenario of climate change

Financial Development and Bank Risk-Taking: Empirical Evidence from the USA

CC BY-NC-ND 4.0This study explores the impact of financial development on the risk-taking of large commercial banks over the prolonged period from 2002 to 2019 by using a two-step system GMM method. The findings confirm that financial development has a significant and positive relationship with bank risk-taking when measured by capital ratio or Z-score. In contrast, the impact of financial development on risk is negative when measured by risk- weighted assets. The empirical results explore the idea that financial development significantly impacts the risk-taking of adequately-capitalized, under-capitalized, significantly under-capitalized, high, and low liquid banks in the USA. These findings show that the impact of financial development on banks’ risk-taking was higher in the pre-crisis era than during and after the financial crisis. These results remain robust in view of different proxies and methodologies. The heterogeneous outcomes for different categories of bank in present economic conditions and in pre-, amid-, and post-crisis eras have practical implications for regulators, policymakers, investors, managers, and economists

The key roles of salicylic acid and sulfur in plant salinity stress tolerance

The salinization of agriculture soils over the globe has become one of the most devastating stresses and is significantly limiting cultivated land area, and crop productivity and quality. It is very imperative to explore both salinity tolerance in plants and insights into approaches (and underlying mechanisms) for effectively controlling salinity impacts. To this end, the role of phytohormone salicylic acid (SA) and plant nutrient sulfur (S) in promoting salinity tolerance has been researched in isolated studies, and SA–S interaction results have been little discussed. Given this, taking into account recent literature on SA, S and soil salinity, this paper aimed to (i) overview of the major impacts of soil salinity on plant health; (ii) highlight the significance of SA and S in improving plant salinity tolerance; (iii) discuss the role and underlying mechanism of SA, S and their interaction in the modulation of plant growth and development under salinity stress; and also to (iv) appraise the discussed literature and enlighten the major prospects

Brain Abscesses in Children: A Study of Microbiological Spectrum and Outcome of 80 Cases

Objective:  Brain abscess is a focus of pus in the brain due to infection somewhere else in the body. It is common in males than females and the average age in children ranges from 4 to 7 years. It develops by skull trauma or contiguous or hematogenous spread of infection. The study aimed to identify the pattern of microbiological involvement in the etiology of pediatric brain abscesses and the outcome so as to enable us to ensure definitive treatment with the appropriate and specific antimicrobial regimen. Materials and Methods:  A prospective study was conducted in 80 pediatric patients of brain abscess admitted to the Pediatric Neurosurgery Department, Children Hospital, Lahore, Pakistan. Results:  The median age was 5.2 years with a predominance of males (60%). The most common presentation was fever (72.5%) and then fits (35%). Congenital heart disease was the commonest factor in 32% of cases. Streptococcus was a commonly isolated pathogen in 17% cases out of 70% of culture positive cases. Recovery was seen in 70% of cases and the mortality was 7.5%. Conclusion:  Congenital heart disease is the most common causative factor in pediatric brain abscesses and most of the abscesses were found culture negative. There is a pressing need to carry out multicenter studies over a large sample size over extended study duration in developing countries to help establish guidelines in treating pediatric brain abscesses

Self-Congruence Facets and Emotional Brand Attachment: The Role of Product Involvement and Product Type

Consumers have emotional bond with the brands that are closer to their self-concept. The product involvement is consumers’ perception of relevance of a product with needs, goals and consumers’ self-concept. Therefore, the study aims to reconsider the role of product involvement in the association of self-congruence facets and emotional brand attachment. Furthermore, the study investigates the association of self-congruence facets and emotional brand attachment depending upon product type. The study followed a mixed method research approach and involved a focus group study and a survey. Hypotheses testing (through AMOS and Process Macro) indicated that ideal self-congruence yielded substantial influence on product involvement and emotional brand attachment. Whereas, ideal self-congruence direct effect on emotional brand attachment turned out to be insignificant in presence of mediator. Furthermore, the effect of product involvement on emotional brand attachment significantly depends upon product type. The conditional indirect effect of self-congruence facets was stronger for hedonic brands as compared to utilitarian brands. The study contributes to marketing literature by discovering product involvement as processing mechanism between the debate of self-congruence facets and emotional brand attachment. The study is first in nature to investigate the moderating role of product type in the relationship and exploring conditional indirect on emotional brand attachment