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Author: search.filters.author.Abedin MZ

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    Does market efficiency matter for Shanghai 50 ETF index options?
    (Elsevier B V, 2024-01-01) Hoque A; Le T; Hasan M; Abedin MZ
    This study aims to measure Shanghai 50 Exchange-Traded Fund (SSE 50 ETF) index options efficiency for trading in different periods of a trading day. We use an econometric model of put-call-parity to test the market efficiency for three moneyness situations: call at-the-money and put at-the-money, call in-the-money and put out-of-the-money, call out-of-the-money, and put in-the-money. The SSE 50 ETF index options market is efficient when both call and put options are at-the-money, leading to accurately-priced call and put options. The SSE 50 ETF index options market is inefficient if the call is in-the-money (out-of-the-money) and the put is out-of-the-money (in-the-money). Furthermore, call and put options are over-priced (under-priced) and under-priced (over-priced), respectively, when the inefficient SSE 50 ETF index options market. Traders can take a long or short position based on call-put option pricing to reduce hedging costs and increase speculative premiums.
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    Sustainable biofuel economy: A mapping through bibliometric research
    (Elsevier B.V., 2023-06-15) Hasan M; Abedin MZ; Amin MB; Nekmahmud M; Oláh J
    Biofuels have received a lot of attention as an important source of renewable energy, with number of economic impacts. This study aims to investigate the economic potential of biofuels and then extract core aspects of how biofuels relate to a sustainable economy in order to achieve a sustainable biofuel economy. This study conducts a bibliometric analysis of publications about biofuel economic research covering 2001 to 2022 experimenting with multiple bibliometric tools, such as R Studio, Biblioshiny, and VOSviewer. Findings show that research on biofuels and biofuel production growth are positively correlated. From the analyzed publications, The United States, India, China, and Europe are the largest biofuel markets, with the USA taking the lead in publishing scientific papers, engaging country collaboration on biofuel, and has the highest social impact. Findings also show that the United Kingdom, the Netherlands, Germany, France, Sweden, and Spain are more inclined to develop sustainable biofuel economies and energy than other European countries. It also indicates that sustainable biofuel economies are still far behind those of less developed and developing countries. Besides, this study finds that biofuel linked to sustainable economy with poverty reduction, agriculture development, renewable energy production, economic growth, climate change policy, environmental protection, carbon emission reduction, green-house gas emission, land use policy, technological innovations, and development. The findings of this bibliometric research are presented using different clusters, mapping, and statistics. The discussion of this study affirms the good and effective policies for a sustainable biofuel economy.
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    Non-financial disclosures and sustainable development: A scientometric analysis
    (Elsevier B.V., 2022-12-25) Saini N; Singhania M; Hasan M; Yadav MP; Abedin MZ
    Pressure on companies to report on non-financial dimensions has amplified the interest in sustainability due to increased awareness among stakeholders. While connecting value-related success to financial performance is a niche field among academicians and researchers, the debate is still on “Does it matter the going value of non-financial disclosures (NFD) relevant?” To clarify ambiguous perceptions in existing literature, we examine how NFD connects to sustainable development by conducting an in-depth scientometric analysis to gain insights into evolution, trends, and other multi-dimensional aspects to map centralities and bursts in non-financial sustainability indicators. We used bibliometric data from a pool of 1568 studies from Web of Science published in Social Science Citation Index (SSCI) and Science Citation Index Expanded (SCIE) journals between 1991 and 2021 to identify the prominent research areas in this stream and the pattern of the interrelationship among various disciplines. The current investigation reveals several novel features of ESG disclosures, such as corporate sustainable performance, environmental performance, environmental disclosures, sustainable supply chains, sustainability indicators, and integrated reporting. This study highlights bottlenecks and suggests the scope of future research on Environmental, Social and Governance (ESG) to meet sustainable business goals. The findings of this study include 13 major clusters refining ESG for sustainability, concluding with a new theory encapsulating sustainable development through non-financial disclosure in business processes. This study has significant practical implications on the ESG dimension in the corporate world of emerging countries are under the development stage.