Rukhma Saqib
Current Organizations / Institutes
The organizations/institutes from the scholar's latest article
Research Subjects
Research Interests
Rukhma Saqib has a total of 3 co-authors. Here are the top co-authors by number of shared publications:
- Madeeha Sharif
Bahria Business School, Bahria University, Islamabad 44000, Pakistan
1 shared publication - Suha Mahmoud Alawi
Finance Department, Faculty of Economics and Administration, King Abdulaziz University, Jeddah 21422, Saudi Arabia
1 shared publication - Wajih Abbassi
Gulf University for Science and Technology Mubarak Al‐Abdullah Kuwait
1 shared publication
Latest Publications
- Open Access
- 2 March 2022
- Published by MDPI AG in Journal of Risk and Financial Management
- Vol. 15 (3) , 115
Impact of Financial Innovation and Institutional Quality on Financial Development in Emerging Markets
Financial innovation and institutional quality play a key role in financial development. This study investigates the impact of financial innovation and institutional quality on financial development in an emerging markets setting. We used the sample of 17 emerging markets based on the availability of data from the period 1990–2020. Data were extracted from the World Development Indicator database. In this study, panel unit root, fully modified ordinary least squares and Pedroni Integration tests were applied to analyze the data. We find that financial innovation and institutional quality are significantly and positively related to financial development. Better financial innovation increases financial development, whereas low institutional quality in an emerging market can deteriorate financial development.
- 2 March 2022
- Published by MDPI AG in Journal of Risk and Financial Management
- Vol. 15 (3) , 115
Open AccessImpact of Financial Innovation and Institutional Quality on Financial Development in Emerging Markets
Financial innovation and institutional quality play a key role in financial development. This study investigates the impact of financial innovation and institutional quality on financial development in an emerging markets setting. We used the sample of 17 emerging markets based on the availability of data from the period 1990–2020. Data were extracted from the World Development Indicator database. In this study, panel unit root, fully modified ordinary least squares and Pedroni Integration tests were applied to analyze the data. We find that financial innovation and institutional quality are significantly and positively related to financial development. Better financial innovation increases financial development, whereas low institutional quality in an emerging market can deteriorate financial development.