Determinants of the financial well-being of individuals in an emerging economy: an empirical study

Article

Kumar, Jitender, Rani, Vinki, Rani, Garima and Sarker, Tapan. 2023. "Determinants of the financial well-being of individuals in an emerging economy: an empirical study." International Journal of Bank Marketing. 41 (4), pp. 860-881. https://doi.org/10.1108/IJBM-10-2022-0475
Article Title

Determinants of the financial well-being of individuals in an emerging economy: an empirical study

ERA Journal ID19795
Article CategoryArticle
AuthorsKumar, Jitender, Rani, Vinki, Rani, Garima and Sarker, Tapan
Journal TitleInternational Journal of Bank Marketing
Journal Citation41 (4), pp. 860-881
Number of Pages22
Year2023
PublisherEmerald
Place of PublicationUnited Kingdom
ISSN0265-2323
1758-5937
Digital Object Identifier (DOI)https://doi.org/10.1108/IJBM-10-2022-0475
Web Address (URL)https://www.emerald.com/insight/content/doi/10.1108/IJBM-10-2022-0475/full/html
Abstract

Purpose
The current study aims to identify the impact of financial literacy, financial risk-tolerance, financial socialization, financial stress, socio-demographic factors and financial behavior on the individual financial wellbeing residing in India's National Capital Region (NCR) region. Understanding financial wellbeing is crucial as it helps individuals understand personal finance better and develop a more favorable financial attitude. The information can depict individuals' financial skills, knowledge and attitudes toward achieving financial wellbeing in emerging economies.

Design/methodology/approach
Through self-administered survey questionnaires, data are obtained using convenience sampling from 420 (394) respondents regarding individual financial wellbeing levels in India. The survey responses were collected between May 2022 and July 2022. The authors use the “partial least squares structural equation modeling” (PLS-SEM) technique to test the research hypotheses.

Findings
The present study's outcome confirms that five determinants, such as financial literacy, financial risk-tolerance, financial socialization, financial stress and socio-demographic factors, significantly influence the financial behavior of individuals. Further, financial behavior, financial literacy, financial risk-tolerance and financial socialization significantly influence financial wellbeing. However, financial stress and socio-demographic factors have statistically insignificant impacts on financial wellbeing.

Originality/value
The present study is exclusive in which an effort is being made to acquire relative importance on financial behavior and an individual's financial wellbeing. The present paper will help the government, financial services providers, and policymakers in offering innovative economic schemes and designing policies that may enhance the financial wellbeing of individuals. Finally, this article provides the road map for future research in this field.

KeywordsFinancial wellbeing; Financial behavior; Financial literacy; PLS-SEM; Financial stress; India
ANZSRC Field of Research 20203502. Banking, finance and investment
Public Notes

Files associated with this item cannot be displayed due to copyright restrictions.

Byline AffiliationsDeenbandhu Chhotu Ram University of Science and Technology, India
University of Southern Queensland
Permalink -

https://research.usq.edu.au/item/yy9z6/determinants-of-the-financial-well-being-of-individuals-in-an-emerging-economy-an-empirical-study

Log in to edit
  • 400
    total views
  • 1
    total downloads
  • 12
    views this month
  • 0
    downloads this month

Export as

Related outputs

Dynamic influences of different energy sources, energy efficiency, technological innovation, population, and economic growth toward achieving net zero emissions in the United Kingdom
Raihan, Asif, Rahman, Syed Masiur, Ridwan, Mohammad, Sarker, Tapan, Ben-Salha, Ousama, Rahman, Md Masudur, Zimon, Grzegorz, Sahoo, Malayaranjan, Dhar, Bablu Kumar, Roshid, Md Mustaqim, Elhaj, Alaeldeen Ibrahim, Hussain, Syed Azher, Bari, A.B.M Mainul, Islam, Samanta and Munira, Sirajum. 2025. "Dynamic influences of different energy sources, energy efficiency, technological innovation, population, and economic growth toward achieving net zero emissions in the United Kingdom." Innovation and Green Development . 4 (4). https://doi.org/10.1016/j.igd.2025.100273
FinTech Adoption and Its Influence on Sustainable Mineral Resource Management in the United States
Raihan, Asif, Rahman, Syed Masiu, Ridwan, Mohammad and Sarker, Tapan. 2025. "FinTech Adoption and Its Influence on Sustainable Mineral Resource Management in the United States." Resources. 14 (6). https://doi.org/10.3390/resources14060101
Assessing the turbulence: Wavelet coherence and causality analysis of energy price volatility and exchange rate instability
Razi, Ummara, Cheong, Calvin W.H., Shams, Syed, Sarker, Tapan, Sharif, Arshian and Afshan, Sahar. 2025. "Assessing the turbulence: Wavelet coherence and causality analysis of energy price volatility and exchange rate instability." Energy. 331. https://doi.org/10.1016/j.energy.2025.136948
Does financial development moderate the relationship between economic growth and environmental quality?
Wijethunga, Ambepitiya Wijethunga Gamage Champa Nilanthi, Rahman, Mohammad Mafizur and Sarker, Tapan. 2025. "Does financial development moderate the relationship between economic growth and environmental quality? " Environmental and Sustainability Indicators. 27. https://doi.org/https://doi.org/10.1016/j.indic.2025.100728
Tourism-energy-economy-environment nexus toward sustainable and green development in Malaysia
Raihan, Asif, Rahman, Syed Masiur, Sarker, Tapan, Ridwan, Mohammad, Sahoo, Malayaranjan, Dhar, Bablu Kumar, Roshid, Md Mustaqim, Islam, Samanta, Zimon, Grzegorz and Bari, ABM Mainul. 2025. "Tourism-energy-economy-environment nexus toward sustainable and green development in Malaysia ." Innovation and Green Development . 4 (4). https://doi.org/10.1016/j.igd.2025.100257
Recent advancements in alternative energies, technological innovations, and optimization strategies for seaport decarbonization
Raihan, Asif, Hasnat, Md Al, Rahman, Syed Masiur, Ridwan, Mohammad, Rahman, Md Masudur, Islam, Md Tasbirul, Sarker, Tapan, Dhar, Bablu Kumar and Bari, ABM Mainul. 2025. "Recent advancements in alternative energies, technological innovations, and optimization strategies for seaport decarbonization." Innovation and Green Development . 4 (3). https://doi.org/10.1016/j.igd.2025.100252
The influence of different environmental factors toward Vietnam's net-zero emissions goal
Raihan, Asif, Ridwan, Mohammad, Sarker, Tapan, Atasoy, Filiz, Zimon, Grzegorz, Bari, ABM Mainul, Rahman, Md Shoaibur, Khan, Hayat and Mohajan, Babla. 2025. "The influence of different environmental factors toward Vietnam's net-zero emissions goal." Innovation and Green Development . 4 (3). https://doi.org/10.1016/j.igd.2025.100229
The Importance of Governance in Metaverse/Blockchain Technology in Education
De Alwis, Anju, Shrestha, Anup and Sarker, Tapan. 2025. "The Importance of Governance in Metaverse/Blockchain Technology in Education." Jung, T., Dieck, M. C., Jeong, S. C., Kim S-H., Sahl, D. and Kim, S. J. (ed.) 9th International XR-Metaverse Conference 2024. Busan, South Korea 22 2022 - 20 May 2024 Switzerland . Springer. pp. 101-112 https://doi.org/10.1007/978-3-031-77975-6_8
Exploring Governance for accreditation in the education sector using blockchain technology: a systematic literature review
De Alwis, Anju, Shrestha, Anup and Sarker, Tapan. 2025. "Exploring Governance for accreditation in the education sector using blockchain technology: a systematic literature review." Discover Education. 4 (1). https://doi.org/10.1007/s44217-025-00449-y
Financing sources for mitigation of adverse climate change: a systematic review
Tandukar, Shristi T, Maraseni, Tek and Sarker, Taoab. 2025. "Financing sources for mitigation of adverse climate change: a systematic review." Discover Sustainability. 6 (1). https://doi.org/10.1007/s43621-025-00949-9
Financing of Sustainable Development Goals (SDGs): Challenges and Opportunities
Arora, Rashmi and Sarker, Tapan. Arora, Rashmi and Sarker, Tapan (ed.) 2025. Financing of Sustainable Development Goals (SDGs): Challenges and Opportunities . Switzerland . Palgrave Macmillan.
Saudi Arabia's path to carbon neutrality: Analysis of the role of Hajj pilgrimage, energy consumption, and economic growth
Raihan, Asif, Rahman, Syed Masiur and Sarker, Tapan. 2025. "Saudi Arabia's path to carbon neutrality: Analysis of the role of Hajj pilgrimage, energy consumption, and economic growth." Innovation and Green Development . 4 (1). https://doi.org/10.1016/j.igd.2024.100203
Analyzing financial development's moderating role on the investment-environmental quality nexus: Evidence from Australia using Autoregressive Distributed Lag approach
Wijethunga, Ambepitiya Wijethunga Gamage Champa Nilanthi, Rahman, Mohammad Mafizur and Sarker, Tapan. 2025. "Analyzing financial development's moderating role on the investment-environmental quality nexus: Evidence from Australia using Autoregressive Distributed Lag approach." Environmental and Sustainability Indicators. 25. https://doi.org/10.1016/j.indic.2024.100568
Haveli Ram to Havells: A Global Giant's Challenge
Majumdar, Arup, Sarker, Tapan and Prabha, Subba Lakshmi. 2024. "Haveli Ram to Havells: A Global Giant's Challenge." Ivey Business School Foundation.
Fintech adoption and sustainable deployment of natural resources: Evidence from mineral management in Brazil
Raihan, Asif, Atasoy, Filiz Guneysu, Coskun, Mehmet Burhanettin, Tanchangya, Tipon, Rahman, Junaid, Ridwan, Mohammad, Sarker, Tapan, Elkassabgi, Ahmed, Atasoy, Murat and Yer, Huseyin. 2024. "Fintech adoption and sustainable deployment of natural resources: Evidence from mineral management in Brazil." Resources Policy. 99. https://doi.org/10.1016/j.resourpol.2024.105411
Building capacity: Climate-resilient development and gender-inclusive entrepreneurship in Mongolia
Ganzorig, Jargalmaa, Uuganbaatar, Dagiisuren, Bud, Batkhuu, Bold, Bolor, Hales, Rob, Shah, Dhara and Sarker, Tapan. 2024. Building capacity: Climate-resilient development and gender-inclusive entrepreneurship in Mongolia. Australia . Griffith University. https://doi.org/10.25904/1912/5207
Learning from international experience: Improving institutions for climate-resilient MSMEs in Mongolia
Dashzeveg, Lhagvanorov, Tumenjargal, Elberel, Batdorj, Khaliunbat, Tseden, Purevdorj, Sarker, Tapan, Shah, Dhara and Hales, Robert. 2024. Learning from international experience: Improving institutions for climate-resilient MSMEs in Mongolia. Australia . Griffith University. https://doi.org/10.25904/1912/5204
Financial constraints and environmental innovation: Does COVID-19 aggravate the effect?
Kabi, Md. Nurul, Miah, Mohammad Dulal, Rahman, Sohanur, Alam, Md Samsul and Sarker, Tapan. 2024. "Financial constraints and environmental innovation: Does COVID-19 aggravate the effect?" 14th Financial Markets and Corporate Governance Conference 2024. Malaysia 02 - 04 Apr 2024 Malaysia .
Renewable Energy in Nepal: Current State and Future Outlook
Raihan, Asif, Joarder, Sadman Anjum, Sarker, Tapan, Gosik, Blanka, Kusz, Dariusz and Zimon, Grzegorz. 2024. "Renewable Energy in Nepal: Current State and Future Outlook." International Journal of Energy Economics and Policy. 14 (6), pp. 395-407. https://doi.org/10.32479/ijeep.16500
Financial development and environmental quality: Does the financial environmental Kuznets Curve Prevail in Australia?
Wijethunga, Ambepitiya Wijethunga Gamage Champa Nilanthi, Rahman, Mohammad Mafizur and Sarker, Tapan. 2024. "Financial development and environmental quality: Does the financial environmental Kuznets Curve Prevail in Australia? " Heliyon. 10 (19). https://doi.org/10.1016/j.heliyon.2024.e38454
An Investigation on the Prospects, Challenges and Policy Consequences of Renewable Energy Technology Development for India’s Environmental Sustainability
Raihan, Asif, Sarker, Tapan and Zimon, Grzegorz. 2024. "An Investigation on the Prospects, Challenges and Policy Consequences of Renewable Energy Technology Development for India’s Environmental Sustainability." WSEAS Transactions on Environment and Development. 20, pp. 365-390. https://doi.org/10.37394/232015.2024.20.35
Consumer confidence and cryptocurrency excess returns: a three-factor model
Peng, Sanshao, Shams, Syed, Prentice, Catherine and Sarker, Tapan. 2024. "Consumer confidence and cryptocurrency excess returns: a three-factor model." Global Finance Journal. 62. https://doi.org/10.1016/j.gfj.2024.101029
Environmental impact of financial Market’s development in Australia
Wijethunga, Ambepitiya Wijethunga Gamage Champa Nilanthi, Rahman, Mohammad Mafizur and Sarker, Tapan. 2024. "Environmental impact of financial Market’s development in Australia." Environmental and Sustainability Indicators. 23. https://doi.org/10.1016/j.indic.2024.100438
Greenwashing Practices Threat in Indonesian Land-Based Private Sector’s Participation in Carbon Trading
Alviya, Iis, Iftekhar, Md Sayed, Sarvaiya, Harsha and Sarker, Tapan. 2024. "Greenwashing Practices Threat in Indonesian Land-Based Private Sector’s Participation in Carbon Trading." 9th World Congress on Civil, Structural, and Environmental Engineering (CSEE'24). London, United Kingdom 14 - 16 Apr 2024 United Kingdom. https://doi.org/10.11159/iceptp24.201
An ARDL Method for Evaluating Bangladesh’s Economic Growth Concerning Female Secondary Education
Dhar, Soma and Sarker, Tapan. 2024. "An ARDL Method for Evaluating Bangladesh’s Economic Growth Concerning Female Secondary Education." Vision: The Journal of Business Perspective. https://doi.org/10.1177/09722629241253750
Innovative Finance for Transforming Sustainable Food Security Systems in the ASEAN Region
Sarker, Tapan, Trivedi, Jatin, Chakraborty, Dipanwita and Bashir, Sana. 2024. "Innovative Finance for Transforming Sustainable Food Security Systems in the ASEAN Region." Sonobe, Tetsushi, Buchoud, Nicolas J. A., Akbar, Riznaldi and Altansukh, Bayarbileg (ed.) Transforming ASEAN: Strategies for Achieving Inclusive and Sustainable Growth. Japan. Asian Development Bank Institute. pp. 120-138
Climate-resilient micro-, small-, and medium-sized enterprises in Mongolia: Understanding challenges
Khurelchuluun, Bayarmaa, Sukhbaatar, Odontuya, Shah, Dhara, Sarker, Tapan and Hales, Rob. 2024. Climate-resilient micro-, small-, and medium-sized enterprises in Mongolia: Understanding challenges . Australia. Griffith University. https://doi.org/10.25904/1912/5200
Dhaka’s juggle with digitalisation and demography
Zaman, Kazi Arif Uz and Sarker, Tapan. 2024. "Dhaka’s juggle with digitalisation and demography." WhiteBoard. (15).
A Framework to Assess Possible Sources of Stakeholder Exploitation: A Developing Country Case
Shafique, Kamran, Shams, Syed and Sarker, Tapan. 2024. "A Framework to Assess Possible Sources of Stakeholder Exploitation: A Developing Country Case." International Journal of Disaster Risk Science. 15 (1), pp. 32-44. https://doi.org/10.1007/s13753-024-00538-w
Exploring the determinants of green bond market development in Bangladesh
Hasan, Md. Bokhtiar, Rashid, Md. Mamunur, Sarker, Tapan and Shafiullah, Muhammad. 2024. "Exploring the determinants of green bond market development in Bangladesh." Eurasian Economic Review . 14 (1), pp. 213-233. https://doi.org/10.1007/s40822-023-00253-9
Does tax literacy matter? The relationship between small business literacy and business performance and cash flow
Belle Isle, Melissa, Freudenberg, Brett and Sarker, Tapan. 2024. "Does tax literacy matter? The relationship between small business literacy and business performance and cash flow." Journal of Australian Taxation. 25 (1), pp. 5-33.
Sustainable pathways for attaining net zero emissions in selected South Asian countries: role of green energy market and pricing
Tiwari, Sunil, Bashir, Sana, Sarker, Tapan and Shahzad, Umer. 2024. "Sustainable pathways for attaining net zero emissions in selected South Asian countries: role of green energy market and pricing." Humanities and Social Sciences Communications. 11. https://doi.org/10.1057/s41599-023-02552-7
Re-examining asymmetric dynamics in the relationship between macroeconomic variables and stock market indices: empirical evidence from Malaysia
Mohnot, Rajesh, Banerjee, Arindam, Ballaj, Hanane and Sarker, Tapan. 2024. "Re-examining asymmetric dynamics in the relationship between macroeconomic variables and stock market indices: empirical evidence from Malaysia." The Journal of Risk Finance. 25 (1). https://doi.org/10.1108/JRF-09-2023-0216
Indigenous communities and sustainable development: A review and research agenda
Bansal, Sanchita, Sarker, Tapan, Yadav, Anshita, Garg, Isha, Gupta, Mansi and Sarvaiya, Harsha. 2024. "Indigenous communities and sustainable development: A review and research agenda." Global Business and Organizational Excellence. 43 (4), pp. 65-87. https://doi.org/10.1002/joe.22237
A systematic literature review on the determinants of cryptocurrency pricing
Peng, Sanshao, Prentice, Catherine, Shams, Syed and Sarker, Tapan. 2024. "A systematic literature review on the determinants of cryptocurrency pricing." China Accounting and Finance Review. 26 (1), pp. 1-30. https://doi.org/10.1108/CAFR-05-2023-0053
Do small business care? The perception of small businesses and their literacy
Belle Isle, Melissa, Freudenberg, Brett and Sarker, Tapan. 2023. "Do small business care? The perception of small businesses and their literacy." Journal of the Australasian Tax Teachers Association. 18 (1), pp. 16-58.
Systematic review of Internet of medical things for cardiovascular disease prevention among Australian first nations
Zobair, Khondker Mohammad, Houghton, Luke, Tjondronegoro, Dian, Sanzogni, Louis, Islam, Md Zahidul, Sarker, Tapan and Islam, Md Jahirul. 2023. "Systematic review of Internet of medical things for cardiovascular disease prevention among Australian first nations." Heliyon. 9 (11). https://doi.org/10.1016/j.heliyon.2023.e22420
Financial development and environmental quality in developed countries: a systematic literature review
Wijethunga, Ambepitiya Wijethunga Gamage Champa Nilanthi, Rahman, Mohammad Mafzur and Sarker, Tapan. 2023. "Financial development and environmental quality in developed countries: a systematic literature review." Environmental Science and Pollution Research. 30, p. 118950–118963. https://doi.org/10.1007/s11356-023-30557-x
Understanding the drivers of destination equity in the post-pandemic era: the case of Australia
Sarker, Tapan, Rabbanee, F.K., Shakeela, Aishath, Jebarajakirthy, Charles, Sarwar, Aisha and Mollah, Md Ruhul Amin. 2023. "Understanding the drivers of destination equity in the post-pandemic era: the case of Australia." Asia Pacific Journal of Tourism Research. 28 (5), pp. 433-448. https://doi.org/10.1080/10941665.2023.2245501
Financing Options for Green and Affordable Housing (GAH): An Exploratory Study of South Asian Economies
Bashir, Sana, Sarker, Tapan, Nouman Ali Talib, Mirza and Akram, Umair. 2023. "Financing Options for Green and Affordable Housing (GAH): An Exploratory Study of South Asian Economies." Sustainability. 15 (15). https://doi.org/10.3390/su151511645
Tax Compliance Supporting Cash Flow Management for Australian Small Businesses
Belle Isle, Melissa, Freudenberg, Brett and Sarker, Tapan. 2023. "Tax Compliance Supporting Cash Flow Management for Australian Small Businesses." New Zealand Journal of Taxation Law and Policy. 29, pp. 202-233.
Renewable Energy Supply and Risk in Global Banking
Choudhury, Tonmoy, Sarker, Tapan, Kamran, Muhammad, Djajadikerta, Hadrian, Hasan, Fakhrul, Hassan, Mohammad Kabir and Boubaker, Sabri. 2023. Renewable Energy Supply and Risk in Global Banking. India. Observer Research Foundation.
Role of risk disclosure on creditworthiness and driving forces of risk disclosure of banks: Islamic vs conventional banks
Hasan, Md. Bokhtiar, Rabbani, Mustafa Raza, Sarker, Tapan, Akter, Tanzila and Hasan, Shaikh Masrick. 2023. "Role of risk disclosure on creditworthiness and driving forces of risk disclosure of banks: Islamic vs conventional banks." International Journal of Islamic and Middle Eastern Finance and Management. 16 (5), pp. 892-909. https://doi.org/10.1108/IMEFM-01-2022-0008
Financing for Sustainable Development Goals (SDGs) in the Era of COVID-19 and Beyond
Arora, Rashmi Umesh and Sarker, Tapan. 2023. "Financing for Sustainable Development Goals (SDGs) in the Era of COVID-19 and Beyond." European Journal of Development Research. https://doi.org/10.1057/s41287-022-00571-9
Implementing smart waste management system for a sustainable circular economy in the textile industry
Chowdhury, Naimur Rahman, Paul, Sanjoy Kumar, Sarker, Tapan and Shi, Yangyan. 2023. "Implementing smart waste management system for a sustainable circular economy in the textile industry." International Journal of Production Economics. 262. https://doi.org/10.1016/j.ijpe.2023.108876
Emerging interaction of artificial intelligence with basic materials and oil & gas companies: A comparative look at the Islamic vs. conventional markets
Shahzad, Umer, Asl, Mahdi Ghaemi, Panait, Mirela, Sarker, Tapan and Apostu, Simona Andreea. 2023. "Emerging interaction of artificial intelligence with basic materials and oil & gas companies: A comparative look at the Islamic vs. conventional markets." Resources Policy. 80. https://doi.org/10.1016/j.resourpol.2022.103197
SMEs changing organisational landscape: Strategising the workplace of the future
Zutshi, Ambika, Sarker, Tapan, Thomas, Asha and Mendy, John. 2023. "SMEs changing organisational landscape: Strategising the workplace of the future." The European Business Review.
Effects of COVID-19 on Global Financial Markets: Evidence from Qualitative Research for Developed and Developing Economies
Zhao, Linhai, Rasoulinezhad, Ehsan, Sarker, Tapan and Taghizadeh‑Hesary, Farhad. 2023. "Effects of COVID-19 on Global Financial Markets: Evidence from Qualitative Research for Developed and Developing Economies." European Journal of Development Research. 135 (1), pp. 148-166. https://doi.org/10.1057/s41287-021-00494-x
De Gruyter Handbook of Sustainable Development and Finance
Cadman, Tim and Sarker, Tapan. Cadman, Tim and Sarker, Tapan (ed.) 2022. De Gruyter Handbook of Sustainable Development and Finance. Berlin, Germany. Walter de Gruyter.
Sustainable ocean development and the blue economy
Cadman, Tim, Sarker, Tapan, Karki, Sikha and Marshallsay, Rebecca. 2022. "Sustainable ocean development and the blue economy." Cadman, Tim and Sarker, Tapan (ed.) De Gruyter Handbook of Sustainable Development and Finance. Berlin, Germany. Walter de Gruyter GmbH (European Journal of Nanomedicine). pp. 497-509
Climate change and human security issues in the Asia-Pacific region
McIntosh, Malcolm and Sarker, Tapan. 2011. "Climate change and human security issues in the Asia-Pacific region." Hossain, Moazzem and Selvanathan, Eliyathamby (ed.) Climate Change and Growth in Asia. Cheltenham, United Kingdom. Edward Elgar Publishing. pp. 214-231
Climate finance for sustainable development
Cadman, Tim and Sarker, Tapan. 2022. "Climate finance for sustainable development." Cadman, Tim and Sarker, Tapan (ed.) De Gruyter Handbook of Sustainable Development and Finance. Berlin, Germany. Walter de Gruyter GmbH (European Journal of Nanomedicine). pp. 385-395
Financing sustainable coastal and maritime tourism in the blue economy of the Asia-Pacific
Islam, Md. Wasiul and Sarker, Tapan. 2022. "Financing sustainable coastal and maritime tourism in the blue economy of the Asia-Pacific." Cadman, Tim and Sarker, Tapan (ed.) De Gruyter Handbook of Sustainable Development and Finance. Berlin, Germany. Walter de Gruyter GmbH (European Journal of Nanomedicine). pp. 543-566
Private finance for sustainable development
Sarker, Tapan and Cadman, Tim. 2022. "Private finance for sustainable development." Cadman, Tim and Sarker, Tapan (ed.) De Gruyter Handbook of Sustainable Development and Finance. Berlin, Germany. Walter de Gruyter GmbH (European Journal of Nanomedicine). pp. 251-264
Public finance and fiscal instruments for sustainable development
Zaman, Kazi Arif Uz and Sarker, Tapan. 2022. "Public finance and fiscal instruments for sustainable development." Cadman, Tim and Sarker, Tapan (ed.) De Gruyter Handbook of Sustainable Development and Finance. Berlin, Germany. Walter de Gruyter GmbH (European Journal of Nanomedicine). pp. 153-176
Public finance for sustainable development
Sarker, Tapan and Cadman, Tim. 2022. "Public finance for sustainable development." Cadman, Tim and Sarker, Tapan (ed.) De Gruyter Handbook of Sustainable Development and Finance. Berlin, Germany. Walter de Gruyter GmbH (European Journal of Nanomedicine). pp. 141-152
Origins and evolution of sustainable development and finance
Cadman, Tim and Sarker, Tapan. 2022. "Origins and evolution of sustainable development and finance." Cadman, Tim and Sarker, Tapan (ed.) De Gruyter Handbook of Sustainable Development and Finance. Berlin, Germany. Walter de Gruyter GmbH (European Journal of Nanomedicine). pp. 3-14
Sustainable Coastal and Maritime Tourism: A Potential Blue Economy Avenue for Bangladesh
Islam, Md Wasiul and Sarker, Tapan. 2022. "Sustainable Coastal and Maritime Tourism: A Potential Blue Economy Avenue for Bangladesh." Morgan, Peter J., Huang, Michael C., Voyer, Michelle, Benzaken, Dominique and Watanabe, Atsushi (ed.) Blue Economy and Blue Finance: Toward Sustainable Development and Ocean Governance. Tokyo, Japan. Asian Development Bank Institute. pp. 248-288
Understanding the Challenges Involved in Transitioning to a Low Carbon Economy in South Asia
Sarker, Tapan. 2017. "Understanding the Challenges Involved in Transitioning to a Low Carbon Economy in South Asia." Filho, Walter Leal, Pociovalisteanu, Diana-Mihaela and Al-Amin, Abul Quasem (ed.) Sustainable Economic Development: Green Economy and Green Growth. Cham, Switzerland. Springer. pp. 273-292
Myanmar
Sarker, Tapan and Pe, Swe Sett Kyu. 2016. "Myanmar." Visser, Wayne (ed.) The World Guide to Sustainable Enterprise: Asia Pacific. New York, United States. Routledge. pp. 98-104
Papua New Guinea
Sarker, Tapan and Butt, Lorne. 2016. "Papua New Guinea." Visser, Wayne (ed.) The World Guide to Sustainable Enterprise: Asia Pacific. New York, United States. Routledge. pp. 125-132
How resilient are Islamic financial markets during the COVID-19 pandemic?
Hasan, Md. Bokhtiar, Rashid, Md. Mamunur, Shafiullah, Muhammad and Sarker, Tapan. 2022. "How resilient are Islamic financial markets during the COVID-19 pandemic?" Pacific-Basin Finance Journal. 74, pp. 1-21. https://doi.org/10.1016/j.pacfin.2022.101817
Determinants of the Russia and Asia–Pacific energy trade
Taghizadeh-Hesary, Farhad, Rasoulinezhad, Ehsan, Yoshino, Naoyuki, Sarker, Tapan and Mirza, Nawazish. 2021. "Determinants of the Russia and Asia–Pacific energy trade." Energy Strategy Reviews. 38, pp. 1-9. https://doi.org/10.1016/j.esr.2021.100681
The Role of Government Reform in Improving Voluntary Tax Compliance in the Digital Economy: The Bangladesh Experience
Sarker, Tapan and Ahmed, Md Shabbir. 2022. "The Role of Government Reform in Improving Voluntary Tax Compliance in the Digital Economy: The Bangladesh Experience." Hendriyetty, Nella, Evans, Chris, Kim, Chul Ju and Taghizadeh-Hesary, Farhad (ed.) Taxation in the Digital Economy: New Models in Asia and the Pacific. Oxon, United Kingdom. Routledge. pp. 240-259
From Challenges to Creativity: Enhancing SMEs’ Resilience in the Context of COVID-19
Zutshi, Ambika, Mendy, John, Sharma, Gagan Deep, Thomas, Asha and Sarker, Tapan. 2021. "From Challenges to Creativity: Enhancing SMEs’ Resilience in the Context of COVID-19 ." Sustainability. 13 (12), pp. 1-16. https://doi.org/10.3390/su13126542
AI systems as supplemental agents, rather than primary agents
Saha, Aninda and Sarker, Tapan. 2019. "AI systems as supplemental agents, rather than primary agents." Science.
Can Banks Sustain the Growth in Renewable Energy Supply? An International Evidence
Choudhury, Tonmoy, Kamran, Muhammad, Djajadikerta, Hadrian Geri and Sarker, Tapan. 2021. "Can Banks Sustain the Growth in Renewable Energy Supply? An International Evidence." European Journal of Development Research. https://doi.org/10.1057/s41287-021-00492-z
The 7A Framework: Extending the 4A Framework Based on Exchanges in Subsistence Marketplaces in India and Vietnam
Sarker, Tapan, Dey, Subhendu, Maity, Moutusy, Arli, Denni and Nguyen, Giang. 2022. "The 7A Framework: Extending the 4A Framework Based on Exchanges in Subsistence Marketplaces in India and Vietnam." Journal of Macromarketing. https://doi.org/10.1177/02761467221099818
Social Enterprises and SDGs: A Case Study of SELCO Solar Light Pvt. Ltd, India
Sarker, Tapan, Dey, Subhendu, Yousaf, Anish and Mishra, Abhishek. 2022. "Social Enterprises and SDGs: A Case Study of SELCO Solar Light Pvt. Ltd, India." Markman, Gideon, Ward, Andrew and Steckler, Erica (ed.) World Scientific Encyclopedia of Business Sustainability, Ethics and Entrepreneurship. Volume 2: Sustainable Development Goals (SDGs). New Jersey, United States. World Scientific Publishing. pp. 221-235
Revisiting Development of the Green Bond Market: Evidence of the AHP Approach
Tu, Chuc Anh, Sarker, Tapan and Rasoulinezhad, Ehsan. 2020. Revisiting Development of the Green Bond Market: Evidence of the AHP Approach. Tokyo, Japan. Asian Development Bank Institute.
Taxing for the future: An intergenerational perspective
Sarker, Tapan. 2013. "Taxing for the future: An intergenerational perspective." Hossain, Moazzem, Sarker, Tapan and McIntosh, Malcolm (ed.) The Asian Century, Sustainable Growth and Climate Change: Responsible Futures Matter. Edward Elgar Publishing. pp. 85-110
Sustainable resource development in Asia: Challenges and opportunities
Sharma, Vigya and Sarker, Tapan. 2013. "Sustainable resource development in Asia: Challenges and opportunities." Hossain, Moazzem, Sarker, Tapan and McIntosh, Malcolm (ed.) The Asian Century, Sustainable Growth and Climate Change: Responsible Futures Matter. Edward Elgar Publishing. pp. 225-252
Empowering society for better corporate social responsibility (CSR): The case of Malaysia
Amran, Azlan, Zain, Mustaffa Mohamed, Sulaiman, Maliah, Sarker, Tapan and Ooi, Say Keat. 2013. "Empowering society for better corporate social responsibility (CSR): The case of Malaysia." Kajian Malaysia. 31 (1), pp. 57-78.
Voluntary codes of conduct and their implementation in the Australian mining and petroleum industries: is there a business case for CSR?
Sarker, Tapan K.. 2013. "Voluntary codes of conduct and their implementation in the Australian mining and petroleum industries: is there a business case for CSR?" Asian Journal of Business Ethics. 2 (2), pp. 205-224. https://doi.org/10.1007/s13520-012-0027-3
Incentives and disincentives for reducing emissions under REDD+ in Indonesia
Nurfatriani, Fitri, Salminah, Mimi, Cadman, Tim and Sarker, Tapan. 2018. "Incentives and disincentives for reducing emissions under REDD+ in Indonesia." Hossain, Moazzem, Hales, Robert and Sarker, Tapan (ed.) Pathways to a Sustainable Economy: Bridging the Gap between Paris Climate Change Commitments and Net Zero Emissions. Switzerland. Springer. pp. 191-207
What’s in it for me? The potential for managerial benefits to improve tax compliance
Faridy, Nahida, Freudenberg, Brett and Sarker, Tapan. 2018. "What’s in it for me? The potential for managerial benefits to improve tax compliance." Australian Tax Forum: a journal of taxation policy, law and reform. 33 (2), pp. 307-342.
Complexity, compliance costs and non compliance with VAT by small and medium enterprises in Bangladesh: is there a relationship?
Faridy, Nahida, Copp, Richard, Freudenberg, Brett and Sarker, Tapan. 2014. "Complexity, compliance costs and non compliance with VAT by small and medium enterprises in Bangladesh: is there a relationship?" Australian Tax Forum: a journal of taxation policy, law and reform. 29, pp. 281-328.
The Devil is in the Detail: An Analysis of VAT Compliance Costs for SMEs in a Developing Nation
Faridy, Nahida, Freudenberg, Brett and Sarker, Tapan. 2017. "The Devil is in the Detail: An Analysis of VAT Compliance Costs for SMEs in a Developing Nation." New Zealand Journal of Taxation Law and Policy. 23 (2), pp. 176-203.
'They are a tax fearing people': Deterrent Effect-Penalties, Audit and Corruption in a Developing Country
Faridy, Nahida, Freudenberg, Brett and Sarker, Tapan. 2016. "'They are a tax fearing people': Deterrent Effect-Penalties, Audit and Corruption in a Developing Country." Curtin Law and Taxation Review. 3, pp. 1-50.
Sustainable coffee supply chain management: a case study in Buon Me Thuot City, Daklak, Vietnam
Nguyen, Giang N. T. and Sarker, Tapan. 2018. "Sustainable coffee supply chain management: a case study in Buon Me Thuot City, Daklak, Vietnam." International Journal of Corporate Social Responsibility. 3 (1), pp. 1-17. https://doi.org/10.1186/s40991-017-0024-x
First Demographic Dividend, Digitalization, and Economic Growth: Bangladesh’s Experience
Zaman, Kazi Arif Uz and Sarker, Tapan. 2021. "First Demographic Dividend, Digitalization, and Economic Growth: Bangladesh’s Experience." Park, Sang-Chul, Ogawa, Naohiro, Kim, Chul Ju, Sirivunnabood, Pitchaya and Le, Thai-Ha (ed.) Demographic transition and its impacts in Asia and Europe. Tokyo, Japan. Asian Development Bank Institute. pp. 123-161
Promoting Sustainable Development through Realising the First Demographic Dividend Opportunity in the Digital Economy: The Nepal Experience
Tandukar, Shristi, Sarker, Tapan and Dey, Sima Rani. 2021. "Promoting Sustainable Development through Realising the First Demographic Dividend Opportunity in the Digital Economy: The Nepal Experience." Park, Sang-Chul, Ogawa, Naohiro, Kim, Chul Ju, Sirivunnabood, Pitchaya and Le, Thai-Ha (ed.) Demographic Transition and Its Impacts in Asia and Europe. Tokyo, Japan. Asian Development Bank Institute. pp. 162-191
Energy Security and Economic Integration: A Comparative Analysis of Europe and Asia-Pacific
Taghizadeh-Hesary, Farhad, Sarker, Tapan, Mortha, Aline and Kim, Chul Ju. 2021. "Energy Security and Economic Integration: A Comparative Analysis of Europe and Asia-Pacific." Park, Sang Chul, Kim, Chul Ju, Taghizadeh-Hesary, Farhad and Sirivunnabood, Pitchaya (ed.) Economic Integration in Asia and Europe: Lessons and Policies. Tokyo, Japan. Asian Development Bank Institute. pp. 593-620
Weaknesses of VAT in Nepal
Sharma, Dhani Ram and Sarker, Tapan. 2014. "Weaknesses of VAT in Nepal." International VAT Monitor. 25 (3), pp. 140-142.
The Role of Fiscal Incentives and Market-Based Incentives in Promoting Energy Efficiency in the Industrial Sector: Case Studies from Asia
Sarker, Tapan, Taghizadeh-Hesary, Farhad, Mortha, Aline and Saha, Anjan. 2021. "The Role of Fiscal Incentives and Market-Based Incentives in Promoting Energy Efficiency in the Industrial Sector: Case Studies from Asia." Liu, Yang, Taghizadeh-Hesary, Farhad and Yoshino, Naoyuki (ed.) Energy Efficiency Financing and Market-Based Instruments. Singapore. Springer. pp. 131-149
Mahindra & Mahindra – Mainstreaming Sustainability Through Knowledge Building
Sarker, Tapan, Ray, Subhasis and Gazder, Beroz. 2017. "Mahindra & Mahindra – Mainstreaming Sustainability Through Knowledge Building." Lenssen, Gilbert, Rhee, Jay Hyuk and Martinez, Fabien (ed.) The Role of Corporate Sustainability in Asian Development: A Case Study Handbook in the Automotive and ICT Industries. Switzerland. Springer. pp. 145-165
Factors influencing managers’ environmental investment decisions: an empirical examination in the Australian offshore oil and gas industry
Sarker, Tapan. 2017. "Factors influencing managers’ environmental investment decisions: an empirical examination in the Australian offshore oil and gas industry." International Journal of Environmental Policy and Decision Making. 2 (3), pp. 236-270. https://doi.org/10.1504/IJEPDM.2017.085408
The Asian century, sustainable growth and climate change: Responsible futures matter
Hossain, Moazzem, Sarker, Tapan and McIntosh, Malcolm. Hossain, Moazzem, Sarker, Tapan and McIntosh, Malcolm (ed.) 2013. The Asian century, sustainable growth and climate change: Responsible futures matter. United States. Edward Elgar Publishing.
The hidden compliance cost of VAT: An exploration of psychological and corruption costs of VAT in a developing country
Faridy, Nahida, Freudenberg, Brett, Sarker, Tapan and Copp, Richard. 2016. "The hidden compliance cost of VAT: An exploration of psychological and corruption costs of VAT in a developing country." eJournal of Tax Research. 14 (1), pp. 166-205.
Pathways to a sustainable economy: Bridging the gap between Paris climate change commitments and net zero emissions
Hossain, Moazzem, Hales, Robert and Sarker, Tapan. Hossain, Moazzem, Hales, Robert and Sarker, Tapan (ed.) 2018. Pathways to a sustainable economy: Bridging the gap between Paris climate change commitments and net zero emissions. Switzerland. Springer.
Is the literacy of small business owners important for cash flow management?: The experts’ perspective
Belle Isle, Melissa, Freudenberg, Brett and Sarker, Tapan. 2018. "Is the literacy of small business owners important for cash flow management?: The experts’ perspective." Journal of the Australasian Tax Teachers Association. 13 (1), pp. 31-67.
Predicting intention to recycle on the basis of the theory of planned behaviour
Arli, Denni, Badejo, Abi, Carlini, Joan, France, Cassandra, Jebarajakirthy, Charles, Knox, Kathy, Pentecost, Robin, Perkins, Helen, Thaichon, Park, Sarker, Tapan and Wright, Owen. 2019. "Predicting intention to recycle on the basis of the theory of planned behaviour." International Journal of Nonprofit and Voluntary Sector Marketing. 25 (2), pp. 1-14. https://doi.org/10.1002/nvsm.1653
Investigating solutions for the development of a green bond market: Evidence from analytic hierarchy process
Tu, Chuc Anh, Rasoulinezhad, Ehsan and Sarker, Tapan. 2020. "Investigating solutions for the development of a green bond market: Evidence from analytic hierarchy process." Finance Research Letters. 34, pp. 1-5. https://doi.org/10.1016/j.frl.2020.101457
Role of energy finance in geothermal power development in Japan
Taghizadeh-Hesary, Farhad, Mortha, Aline, Farabi-Asl, Hadi, Sarker, Tapan, Chapman, Andrew, Shigetomi, Yosuke and Fraser, Timothy. 2020. "Role of energy finance in geothermal power development in Japan." International Review of Economics and Finance. 70, pp. 398-412. https://doi.org/10.1016/j.iref.2020.06.011
The business tax literacy of Australian small businesses
Belle Isle, Melissa, Freudenberg, Brett and Sarker, Tapan. 2022. "The business tax literacy of Australian small businesses." Australian Tax Forum: a journal of taxation policy, law and reform. 37 (1), pp. 65-103.
Role of the Land-Based Private Sector in Low-Emission Development: An Indonesian Case
Alviya, Iis, Sarker, Tapan, Sarvaiya, Harsha and Iftekhar, Md Sayed. 2021. "Role of the Land-Based Private Sector in Low-Emission Development: An Indonesian Case." Sustainability. 13 (24), pp. 1-22. https://doi.org/10.3390/su132413811
Quality infrastructure and natural disaster resiliency: A panel analysis of Asia and the Pacific
Taghizadeh-Hesary, Farhad, Sarker, Tapan, Yoshino, Naoyuki, Mortha, Aline and Vo, Xuan Vinh. 2020. "Quality infrastructure and natural disaster resiliency: A panel analysis of Asia and the Pacific." Economic Analysis and Policy. 69, pp. 394-406. https://doi.org/10.1016/j.eap.2020.12.021
Revisiting conventional and green finance spillover in post-COVID world: Evidence from robust econometric models
Sharma, Gagan Deep, Sarker, Tapan, Rao, Amar, Talan, Gaurav and Jain, Mansi. 2022. "Revisiting conventional and green finance spillover in post-COVID world: Evidence from robust econometric models." Global Finance Journal. 51, pp. 1-22. https://doi.org/10.1016/j.gfj.2021.100691
Neuroentrepreneurship: an integrative review and research agenda
Sharma, Gagan Deep, Paul, Justin, Srivastava, Mrinalini, Yadav, Anshita, Mendy, John, Sarker, Tapan and Bansal, Sanchita. 2021. "Neuroentrepreneurship: an integrative review and research agenda." Entrepreneurship and Regional Development. 33 (9-10), pp. 863-893. https://doi.org/10.1080/08985626.2021.1966106
Conditional acceptance of digitized business model innovation at the BoP: A stakeholder analysis of eKutir in India
Sengupta, Tuhin, Narayanamurthy, Gopalakrishnan, Hota, Pradeep Kumar, Sarker, Tapan and Dey, Subhendu. 2021. "Conditional acceptance of digitized business model innovation at the BoP: A stakeholder analysis of eKutir in India." Technological Forecasting and Social Change. 170, pp. 1-12. https://doi.org/10.1016/j.techfore.2021.120857
Renewable energy generation from livestock waste for a sustainable circular economy in Bangladesh
Islam, K. M. Nazmul, Sarker, Tapan, Taghizadeh-Hesary, Farhad, Atri, Anashuwa Chowdhury and Alam, Mohammad Shafiul. 2021. "Renewable energy generation from livestock waste for a sustainable circular economy in Bangladesh." Renewable and Sustainable Energy Reviews. 139, pp. 1-13. https://doi.org/10.1016/j.rser.2020.110695
Spillovers of the COVID-19 Pandemic: Impact on Global Economic Activity, the Stock Market, and the Energy Sector
Hasan, Md. Bokhtiar, Mahi, Masnun, Sarker, Tapan and Amin, Md. Ruhul. 2021. "Spillovers of the COVID-19 Pandemic: Impact on Global Economic Activity, the Stock Market, and the Energy Sector." Journal of Risk and Financial Management. 14 (5), pp. 1-18. https://doi.org/10.3390/jrfm14050200
Promoting energy efficiency financing within the G20: the role of fiscal instruments
Sarker, Tapan, Taghizadeh-Hesary, Farhad and Yoshino, Naoyuki. 2021. Promoting energy efficiency financing within the G20: the role of fiscal instruments. Germany. Global Solutions Initiative Foundation.
Sustainable Coastal and Maritime Tourism: A Potential Blue Economy Avenue for Bangladesh
Islam, Md Wasiul and Sarker, Tapan. 2021. Sustainable Coastal and Maritime Tourism: A Potential Blue Economy Avenue for Bangladesh. Japan. Asian Development Bank Institute.
Demographic Dividend, Digital Innovation, and Economic Growth: Bangladesh Experience
Zaman, Kazi Arif Uz and Sarker, Tapan. 2021. Demographic Dividend, Digital Innovation, and Economic Growth: Bangladesh Experience. Japan. Asian Development Bank Institute.
Supporting SMEs in Sustainable Strategy Development Post-Covid-19: Challenges and Policy Agenda for the G20
Barbagila, Martina, Buttice, Vincenzo, Giudici, Giancarlo, Mendy, John, Sarker, Tapan, Sharma, Gagan D., Thomas, Asha and Zutshi, Ambika. 2021. Supporting SMEs in Sustainable Strategy Development Post-Covid-19: Challenges and Policy Agenda for the G20. Germany. Global Solutions Initiative Foundation.
Building the business case for climate change adaptation: Lessons from Coastal Australia
Hales, Rob, Banhalmi-Zakar, Zsuzsa, Sarker, Tapan, Lo, Alex, Chai, Andreas, Whittlesea, Emma, Fleming, Chris, Kelly, Katrina and Bun, Mara. 2016. Building the business case for climate change adaptation: Lessons from Coastal Australia. Australia. National Climate Change Adaptation Research Facility.
A general equilibrium assessment of climate change–induced loss of agricultural productivity in Nepal
Chalise, Sudarshan, Naranpanawa, Athula, Bandara, Jayatilleke S. and Sarker, Tapan. 2017. "A general equilibrium assessment of climate change–induced loss of agricultural productivity in Nepal." Economic Modelling. 62, pp. 43-50. https://doi.org/10.1016/j.econmod.2017.01.014
Factors Influencing the Green Bond Market Expansion: Evidence from a Multi-Dimensional Analysis
Tu, Chuc Anh, Sarker, Tapan and Rasoulinezhad, Ehsan. 2020. "Factors Influencing the Green Bond Market Expansion: Evidence from a Multi-Dimensional Analysis." Journal of Risk and Financial Management. 13 (6), pp. 1-14. https://doi.org/10.3390/jrfm13060126
Financial inclusion and macroeconomic performance: Connecting the dots, setting the agenda
Chavriya, Shubham, Sharma, Gagan Deep and Sarker, Tapan. 2022. "Financial inclusion and macroeconomic performance: Connecting the dots, setting the agenda." 35th Australian and New Zealand Academy of Management Conference (ANZAM 2022). Australia 06 - 07 Dec 2022 Australia. Australian and New Zealand Academy of Management.
Sustainable development and finance post-pandemic – future directions and challenges
Cadman, Timothy and Sarker, Tapan. 2022. "Sustainable development and finance post-pandemic – future directions and challenges." De Gruyter Handbook of Sustainable Development and Finance. Germany. Walter de Gruyter. pp. 653-665
Top of the Grade: Factors that could influence small business literacy
Belle Isle, Melissa, Freudenberg, Brett and Sarker, Tapan. 2022. "Top of the Grade: Factors that could influence small business literacy." Journal of Australian Taxation. 24 (1), pp. 5-34.
The role of fiscal instruments in encouraging the private sector and smallholders to reduce emissions from deforestation and forest degradation: Evidence from Indonesia
Cadman, Tim, Sarker, Tapan, Muttaqin, Zahrul, Nurfatriani, Firti and Maraseni, Tek. 2019. "The role of fiscal instruments in encouraging the private sector and smallholders to reduce emissions from deforestation and forest degradation: Evidence from Indonesia." Forest Policy and Economics. 108, pp. 1-10. https://doi.org/10.1016/j.forpol.2019.04.017
Comparative evaluation of zero deforestation governance
Cadman, Tim, Maraseni, Tek, Sarker, Tapan and Ma, Hwan Ok. 2017. "Comparative evaluation of zero deforestation governance." EFTRN News. 58, pp. 161-168.
The Political economy of sustainable development: policy instruments and market mechanisms
Cadman, Tim, Eastwood, Lauren, Lopez-Casero Michaelis, Federico, Maraseni, Tek, Pittock, Jamie and Sarker, Tapan. 2015. The Political economy of sustainable development: policy instruments and market mechanisms. Cheltenham, Northampton,United Kingdom. Edward Elgar Publishing.
Resource constraints and Asia’s growth: regional cooperation for enhancing energy security
Hossain, Shanawez and Sarker, Tapan. 2013. "Resource constraints and Asia’s growth: regional cooperation for enhancing energy security." Hossain, Moazzem, Sarker, Tapan and McIntosh, Malcolm (ed.) The Asian Century, Sustainable Growth and Climate Change: Responsible Futures Matter. 9781781005743. Edward Elgar Publishing. pp. 54-81