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Green Human Resource Management, Financial Markets and Pollution Nexus in Saudi Arabia

Author

Listed:
  • Tarek Tawfik Yousef Alkhateeb

    (Department of Marketing, College of Business Administration, Prince Sattam Bin Abdulaziz University, Alkharj, Saudi Arabia,)

  • Nasser Saad Alkahtani

    (Department of Human Resource Management, College of Business Administration, Prince Sattam Bin Abdulaziz University, 165 Al-Kharj, Saudi Arabia)

  • Haider Mahmood

    (Department of Finance, College of Business Administration, Prince Sattam Bin Abdulaziz University, Alkharj, Saudi Arabia.)

Abstract

Financial markets play an important role in accelerating the economic activities in any country but it may also harm environment if financial funds are invested in the project which are environment friendly. Further, green human resource management (GHRM) may help in reducing CO2 emissions. This paper examines the influences of Financial Market Development (FMD) and GHRM on the pollution of Saudi Arabia. We explore this by using cointegration on time-series of 1971 2016. Results of this study corroborate that FMD and economic growth (EG) are positively contributing in CO2 emissions and GHRM is helping in reducing. We recommend the financial sector to provide concessional loans to the projects which are using clean energy technology and GHRM needs attention to support clean environment.

Suggested Citation

  • Tarek Tawfik Yousef Alkhateeb & Nasser Saad Alkahtani & Haider Mahmood, 2018. "Green Human Resource Management, Financial Markets and Pollution Nexus in Saudi Arabia," International Journal of Energy Economics and Policy, Econjournals, vol. 8(3), pages 33-36.
    • Handle: RePEc:eco:journ2:2018-03-5
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    References listed on IDEAS

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    14. Haider Mahmood & Tarek Tawfik Yousef Alkhateeb, 2017. "Trade and Environment Nexus in Saudi Arabia: An Environmental Kuznets Curve Hypothesis," International Journal of Energy Economics and Policy, Econjournals, vol. 7(5), pages 291-295.
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    Cited by:

    1. Junika Napitupulu & Septony B. Siahaan & Sunday Ade Sitorus, 2023. "Renewable Energy and its Moderation on Green Home Selection in Indonesia: Bridging Environment, Product, and Value," International Journal of Energy Economics and Policy, Econjournals, vol. 13(6), pages 259-269, November.
    2. Kabiru Saidu Musa & Rabiu Maijama’a, 2020. "Economic Growth, Energy Consumption and Environmental Pollution in Nigeria: Evidence from ARDL Approach," Energy Economics Letters, Asian Economic and Social Society, vol. 7(2), pages 61-73, December.
    3. Mahmood, Haider & Chaudhary, A. R., 2013. "Impact of FDI on Income Inequality in Pakistan," MPRA Paper 109460, University Library of Munich, Germany.
    4. Haider Mahmood & Maham Furqan & Tarek Tawfik Yousef Alkhateeb & Mahmoud Mohamad Fawaz, 2019. "Testing the Environmental Kuznets Curve in Egypt: Role of Foreign Investment and Trade," International Journal of Energy Economics and Policy, Econjournals, vol. 9(2), pages 225-228.
    5. Mahmood, Haider, 2018. "An Investigation of Macroeconomic Determinants of FDI Inflows in Bangladesh," MPRA Paper 109448, University Library of Munich, Germany.
    6. Waheed, Rida & Sarwar, Suleman & Alsaggaf, Majid Ibrahim, 2023. "Relevance of energy, green and blue factors to achieve sustainable economic growth: Empirical study of Saudi Arabia," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    7. Al-Qahtani, Maleeha Mohammed Zaaf & Alkhateeb, Tarek Tawfik Yousef & Mahmood, Haider & Abdalla, Manal Abdalla Zahed & Mawad, Ghada Shihata Ebrahim & Alkhatib, Maha Ahmed Hussein, 2020. "Exploring the Level of Managerial, Political, Academic, Economic and Social Women Empowerment in Saudi Arabia," MPRA Paper 109447, University Library of Munich, Germany.
    8. Haider Mahmood & Awad Ali Alanzi, 2020. "Rule of Law and Environment Nexus in Saudi Arabia," International Journal of Energy Economics and Policy, Econjournals, vol. 10(5), pages 7-12.
    9. Haider Mahmood & Muhammad Tanveer & Maham Furqan, 2021. "Investigating the N-Shaped Energy-Environmental Kuznets Curve Hypothesis in Saudi Arabia," International Journal of Energy Economics and Policy, Econjournals, vol. 11(5), pages 499-503.
    10. Haider Mahmood & Tarek Tawfik Yousef Alkhateeb, 2018. "Foreign Direct Investment, Domestic Investment and Oil Price Nexus in Saudi Arabia," International Journal of Energy Economics and Policy, Econjournals, vol. 8(4), pages 147-151.

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    More about this item

    Keywords

    Financial Market Development; Co 2 Emissions; Economic Growth;
    All these keywords.

    JEL classification:

    • D53 - Microeconomics - - General Equilibrium and Disequilibrium - - - Financial Markets
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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