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This research is designed to investigate the presence of market discipline in the banking sector, across Balkan states in Europe. Specifically, the effects of CAMEL variables on the cost of funds and deposit-switching have been assessed.

The CAMEL method of bank evaluation has been applied as well as two measures for market discipline (costs of funds and deposit-switching behaviour). Data have been obtained for 10 Balkan states for the 2006–2019 period. For data analysis, ordinary least squares (OLS) and fixed effects models have been utilized. The generalized method of moments (GMM) method has been deployed as well as a dynamic panel model.

Evidence of market discipline has been found, in the form of a higher cost of funds in the context of capital adequacy (but not for other CAMEL variables). Evidence of market discipline in the form of deposit-switching, however, has not been found. In addition, it has been discovered that bank size and gross domestic product (GDP) growth lower the costs of funds for banks.

In the wake of the pandemic, banks need to prepare themselves for very difficult situations and relevant studies can provide help. Therefore, this research has contributed to the developing literature on this topic. In addition, the findings have important practical implications. Results show that banks should maintain adequate levels of capital if they want to control their costs of funds. Results also show that market discipline, in the form of higher costs of funds, can be imposed on banks to discourage excessive risk-taking. Findings highlight the value of appropriate policies and strong supervision of the financial industry. Findings also underline the importance of offering financial incentives to banks. For example, if banks know they will be able to avoid higher costs of funds by controlling their risk levels, they will avoid unrestrained risk-taking.

Market discipline is an important part of financial regulation, under Basel II and III. This paper aims to provide evidence on market discipline in Pakistan. Specifically, the authors have analyzed the impact of CAMEL variables on costs of funds and deposit switching.

This study has used panel data related to different banking and macroeconomic variables. The sample period is 2004–2017 so it has covered the changing regulations that became binding for banks under Basel II and III. Quarterly data has been collected from the financial disclosure of publicly listed banks. The total number of banks in the sample is 26. Among these, 24 are publicly listed. Foreign banks have not been included because their activities in Pakistan are quite limited.

It has been found that efficiency, liquidity, asset quality and capital adequacy are negatively related to costs of funds for banks. Capital adequacy, liquidity and profitability are negatively related to deposit switching.

These results indicate the presence of market discipline and have generated valuable implications for bank managers and regulators.

In this study, the case of Pakistan is interesting. The country has experienced financial liberalization that sought to avoid government intervention and encourage a more “market-based” approach. This change in the system was made more pronounced by the privatization of nationalized banks, improvement in the market structure, reduction in barriers to entry and consolidation of smaller banks. As a result, the banking system has emerged as an important source of financing and it provides us motivation to look deeper into depositor discipline in banking sector.

Climate change poses effect on banking sector’s risks and profitability through adaptation of green technology. This study aims to incorporates green technology adaptation in three sectors: green banking, green entrepreneurial innovation (EI) and green human resource (HR), in a model of bank’s performance. And determines the impact of climate change on bank risk and profitability.

An assessment of profitability and risk profile of commercial banks is done for 27 European countries for 2013–2022, employing a two-step difference system-generalized method of moments estimation technique with a moderate effect of climate change by including interaction between climate change and green technology adaptation.

The results indicate that green banking increases profitability, reduces credit risk and increases liquidity risk. The results also show that green human resource increases profitability and becomes a source of credit and liquidity risks for the banks. Green EI increases credit risk and liquidity risk, while the effects of green EI on profitability vary with the use of two proxies: Green patents increase profitability and environment, social and corporate governance (ESG) scores decrease profitability.

Supportive government initiatives, including subsidies and tax rebates to green borrowers, may take the burden of green transition off the banking sector.

This paper observes the impact of green technology adaptation in three sectors: banks, EI and HR, moderated by climate change, adding substantially to the existing literature in conceptual framework and methodology.

This paper reviews existing business process (BP) modeling languages that are widely used in the industry as well as recent research work on modeling and analysis of BPs in the service-oriented environment and Internetware-based software paradigm. BPs in such environment are different from traditional BPs due to loose coupling of partner services, dynamic and on-the-fly selection of partners and run-time process adaptability. The unique characteristics of these BPs require formal modeling of the requirements and constraints in each phase of their life cycle, including design phase, implementation and deployment phase and execution phase.

The paper first provides a categorization of typical user requirements in each phase of the BP life cycle. Then a detailed comparison of the selected languages with respect to their requirement modeling and analysis capabilities in each of the identified categories is provided. The paper also discusses new requirements engineering research challenges arising from future software needs and emerging trends in software engineering in the context of Web-services-based BPs and Internetware.

There is a need to have a framework that provides support for user requirements modeling and analysis for all the phases of BP life cycle in an integrated manner. Such a framework would be useful not only in resolving the inconsistencies between requirements across phases but also in addressing the issues related to BP evolution due to changes in user requirements over time. Moreover, with the Internet of things (IoT) adoption in BPM, there is a need to have an integrated environment that provides support for capturing the resilience requirements of enterprise BPs as well as the mobility constraints of the underlying IoT devices.

This paper reviews existing BP modeling languages and frameworks and discusses the new requirements engineering research challenges arising from future software needs and the emerging trends in BP management in the service-oriented environment and Internetware-based software paradigm.

The purpose of this paper is to examine the relationship that exists between financial depth and economic growth in Poland for the years 1995–2019. This paper utilizes integration and co-integration techniques to capture the long-term and short-term linkages between various determinants of financial deepening, economic growth and a few selected growth variables. Financial depth is measured using two distinct measures: the monetization ratio (i.e. the ratio of broad money in the economy to the gross domestic product (GDP)) and the domestic credit provided to private sector by banks.

The paper uses a combination of Augmented Dickey–Fuller (ADF) and Phillips–Perron unit root tests, autoregressive distributive lag (ARDL) model and Granger causality tests to estimate results.

This paper finds that there is a bidirectional causal relationship between financial deepening and economic growth in the short run, but this relationship does not hold in the long run. The control variables comprising trade volume, investment, government spending and volatility in oil prices and inflation have a significant, positive relationship with economic development in the long run.

The findings are indicative of the need for further strengthening of the financial sector in Poland, such that the relationship between financial depth and economic growth is substantiated in the long run. This paper also finds room for more stringent regulation of the financial system and transparency in information available.

Specific chemical environments step out in the industry objects. Portland cement composites (concrete and mortar) were impregnated by using the special polymerized sulfur and technical soot as a filler (polymer sulfur composite). Sulfur and technical soot were applied as the industrial waste. Portland cement composites were made of the same aggregate, cement and water. The durability of prepared cement composite samples was tested in 5 per cent solution of HCl and 5 per cent solution of H₂SO₄ as a function of immersion time. The changes in mechanical strength and mass of the samples were periodically measured. Cement composites impregnated with sulfur composite exhibited limited mechanical strength and mass loss, whereas physico-mechanical properties of Portland cement concrete regressed rapidly. The loss in weight of ordinary concrete impregnated with sulfur composite, kept in aqueous solutions of acids, hydroxides, salts and in water for a year was determined using 100 × 100 × 100 mm samples. The same samples were then used in compressive strength tests.

Specific chemical environments affect industrial objects. Portland cement composites (concrete and mortar) were impregnated with a special polymerized sulfur and technical soot as a filler (polymer sulfur composite). Sulfur and technical soot were applied as industrial waste. Portland cement composites were made of the same aggregate, cement and water. The durability of the prepared cement composite samples was tested in 5 per cent solution of HCl and 5 per cent solution of H₂SO₄ as a function of immersion time. The changes in mechanical strength and mass of the samples were periodically measured. Cement composites impregnated with sulfur composite exhibited limited mechanical strength and mass loss, whereas the physico-mechanical properties of the Portland cement concrete regressed rapidly. The loss in weight of ordinary concrete impregnated with sulfur composite, kept in aqueous solutions of acids, hydroxides, salts and in water for a year was determined using 100 × 100 × 100 mm samples. The same samples were then used in compressive strength tests. The image analysis used for surface destruction monitoring, performed by scanning microscopy for the determination of damaged surface area and the original surface area before acid resistance testing, showed similar results. Based on the image analysis results, a model for predicting the degradation of mechanical strength during durability testing was established. The fact that the calculated and experimental strength values were not vastly different proved the validity of the proposed model. A brief summary of new products related to the special sulfur composite is given as follows: impregnation, repair, overlays and precast polymer concrete will be presented. Sulfur composite as a polymer coating impregnation, which has received little attention in recent years, currently has some very interesting applications.

Author comments: The article is original. The article has been written by the stated authors who are all aware of its content and approve its submission. 3. The article has not been published previously. 4. The article is not under consideration for publication elsewhere. 5. No conflict of interest exists, or if such conflict exists, the exact nature must be declared. 6. If accepted, the article will not be published elsewhere in the same form, in any language, without the written consent of the publisher.

Author comments: 1. The article is original. 2. The article has been written by the stated authors who are all aware of its content and approve its submission. 3. The article has not been published previously. 4. The article is not under consideration for publication elsewhere. 5. No conflict of interest exists, or if such conflict exists, the exact nature must be declared. 6. If accepted, the article will not be published elsewhere in the same form, in any language, without the written consent of the publisher.

Cost estimation is a major concern while planning projects on public–private partnership (PPP) terms in developing countries. To bridge the gap of the right approximation of cost of capital, this study aims to sermon a significant role of investor’s risk perception as unsystematic risk in PPP-based energy projects.

To investigate the effective mechanism of determining cost of capital and valuing the capital budgeting, a pure-play method has been acquired to measure systematic risk. In addition, dynamic conditional correlation (DCC) and generalized autoregressive conditional heteroscedasticity (GARCH) models have been applied to calculate weighted average cost of capital.

Initially, a joint cost of capital of energy-related projects has been calculated using DCC-GARCH and pure-play method. Investors risk perception has been discussed through market point of view using country risk premium modeling. Latter yearly betas have been calculated using DCC signifying the final outcomes that applying a dynamic model can provide a better cost estimation in emerging economies.

The findings are implicating that due to the involvement of international investors, domestic risk is linked with country risk. In such situations, market-related information is a key factor to find out the market performance, helping in the estimation of cost of capital through capital asset pricing model (CAPM). High dynamic nature of emerging economies causes an impediment in the estimation of cost of capital. Consequently, to calculate risk in dynamic markets, this study has acquired DCC model that can predict the value of beta factor.

Study contributes to the body of knowledge by addressing an important issue of investor’s risk perception and effective implication of CAPM using pure-play and DCC-GARCH when data is not promptly available in dynamic situations.

This paper aims to explore the factors affecting the job satisfaction level of paraprofessional staff working in Higher Education Commission (HEC)-recognized public and private sector university libraries.

The study was quantitative in nature, and survey research method was used. The population of the study was paraprofessionals working in HEC-recognized public and private university central libraries of Lahore. Convenient sampling was used, and five respondents were selected from each university. Data were collected through a structured questionnaire using a pre-developed scale job satisfaction survey by Spector (1985).

The study reported that respondents were not dissatisfied with their jobs, and still they were standing between “Neutral” and “agree” with all statements of job satisfaction. The nature of job was identified as the most satisfied facet of job satisfaction. It was also observed that a significant difference of job satisfaction was found among respondents having different salary packages. The group with the highest salary was more satisfied than others. Job security proved the factor affecting job satisfaction, as there was significant difference of job satisfaction between permanent and contract-based employees. Permanent nature of job was a reason of satisfaction for the respondents. However, it is interesting that job satisfaction level of public and private sector paraprofessionals did not differ.

Findings of the study clarify that the universities are required to redesign their job recruitment policies and to revise pay scales of paraprofessionals. Most importantly, a gap in communication was also found within organizations which could affect the level of job satisfaction among paraprofessionals. Universities should pay attention to maintain the two-way communication flow from top level management to lower level.

This is probably first study reported from Pakistan on the subject. The findings of the study will help universities to redesign their job recruitment policies and to revise pay scales of paraprofessionals. Most importantly, the findings suggest that universities should pay attention to maintain the two-way communication flow from top level management to lower level.

Obesity and associated morbidity and mortality are major challenges for people with severe mental illness, particularly in secure (forensic) mental health care (patients who have committed a crime or have threatening behaviour). This study aims to explore experiences of weight management in secure mental health settings.

This study used a mixed-methods approach, involving thematic analysis. A survey was delivered to secure mental health-care staff in a National Health Service (NHS) mental health trust in Northern England. Focus groups were conducted with current and former patients, carers and staff in the same trust and semi-structured interviews were undertaken with staff in a second NHS mental health trust.

The survey received 79 responses and nine focus groups and 11 interviews were undertaken. Two overarching topics were identified: the contrasting perspectives expressed by different stakeholder groups, and the importance of a whole system approach. In addition, seven themes were highlighted, namely: medication, sedentary behaviour, patient motivation, catered food and alternatives, role of staff, and service delivery.

Secure care delivers a potentially “obesogenic environment", conducive to excessive weight gain. In future, complex interventions engaging wide-ranging stakeholders are likely to be needed, with linked longitudinal studies to evaluate feasibility and impact.

To the best of the authors’ knowledge, this is the first study to involve current patients, former patients, carers and multidisciplinary staff across two large NHS trusts, in a mixed-methods approach investigating weight management in secure mental health services. People with lived experience of secure services are under-represented in research and their contribution is therefore of particular importance.