CSRC Publishing: Open Journal Systems (Center for Sustainability Research and Consultancy)
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1354 research outputs found
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Financial Hindrances to Growth: Understanding Profitability Issues in Pakistan’s Islamic Banking Sector
Purpose: The study aims to examine the banks internal factors influencing the profitability of Islamic banks in Pakistan, focusing on dimensions such as quick ratio, cash deposit ratio, capital adequacy, and bank size.
Design/Methodology/Approach: A Secondary data collection method has been used in this quantitative nature of study. Using quantitative analysis with Stata software, this study analyzes data from 2015 to 2023 sourced from Islamic banks' official websites.
Findings: Analysis of the study reveals that capital adequacy, bank size, and quick ratio are the factors that significantly affect Islamic bank profitability, while the cash deposit ratio shows a no significant impact.
Implications/Originality/Value: By identifying critical profitability drivers, this research offers actionable insights for policy formulation and regulatory reforms, strategic planning for banks, operational efficiency, financial inclusivity, and investment attraction.  
Impact of External Auditors’ Ethical Behavior on Audit Quality: A Client Perspective
Purpose: This study explores the impact of external auditors' ethical behavior on audit quality, with a particular focus on the perspectives of internal auditors in publicly listed Pakistani companies. It aims to address the gap in literature concerning the interplay between ethical behavior, corporate ethical values, and perceived audit quality.
Design/Methodology/Approach:
Using Structural Equation Modeling (SEM), the study examines the direct and indirect effects of external auditors' ethics on audit quality, with corporate ethical values as a moderating factor. Data were collected via a mail survey and Google Forms from auditors in listed Pakistani firms, yielding 232 usable responses (61% response rate). The analysis utilized SPSS and AMOS for reliability, validity, factor analysis, regression, and correlation.
Findings: Results reveal a positive relationship between ethical behavior and perceived audit quality, amplified by strong corporate ethical values. Companies prioritizing ethics reported enhanced audit quality, providing valuable insights for regulators and auditors.
Implications/Originality/Value: This research contributes to the understanding of ethical behavior in audit quality, offering actionable insights for improving ethical standards in audit practices. The findings are pertinent for regulatory bodies, auditors, and policymakers aiming to strengthen financial disclosure integrity in Pakistan.  
Impact of General Wellbeing, Working Conditions, Job and Career Satisfaction, Control at Work and Stress at Work on Burnout among Nurses of Pakistan
Purpose: The aim of this research is to focus on the Quality of work life of Nurses and see its impact on burn outs of Nurses especially during the course of Novel Covid -19 Pandemic in Pakistan.
Design/Methodology/Approach: There were 257 nurses in the sample (female 149 and 108 male). Replicability is another factor that is taken into consideration for the credibility of this research to gain confidence through research of the same type that has been conducted. The purposive sampling is utilized to ensure that nurses have the necessary specialised knowledge, as well as the desire and potential to take part in the study and an awareness of the issues. Smart PLS version 4.0 for the structural equation mode has been utilized in the study.
Findings: This study's findings corroborate that the quality of work life scales discussed here have an impact on the burnout of Pakistani nurses. These findings show that Pakistani nurses take stress at work positively influence their burnout while control at work and job and career satisfaction influence burnout negatively among them. Moreover, other findings reveal that working conditions and general wellbeing doesn’t affect burnout in Pakistani nurses which may be due to nature of their job or they got use to of these working conditions during Covid-19 by using Covid-19 preventive measures.
Implications/Originality/Value: Nurse burnout and its psychological and social consequences are a major problem for all health care systems around the world. If we care about the stress at work due to their extra job responsibilities and give them empowerment at work as well as give them more incentives at jobs they will be more than happy to serve patients
Exploring the Macroeconomic Determinants of Self-Harm Prevalence in South Asian Countries
Purpose: In recent years, the issue of self-harm has emerged as a critical public health concern globally, drawing attention to its multifaceted nature and the complex interplay of factors contributing to its prevalence. We aim to underpin this cross-country relationship between self-harm and macroeconomic variables.
Methods: A balanced annual macroeconomic indicator data spanning two decades (2000-2019) across seven Asian countries. quantile regression analysis was used along with a variety of conventional tests, including those for cross-sectional dependency, panel unit roots, and panel cointegration were conducted.
Findings: The findings from quantile regression analysis revealed a variation in association among different indicators during different quantiles. Inflation, poverty, corruption, total labor force participation, and out of pocket expenditures showed a significant association while GDP growth and participants locality showed no significant association with prevalence of self-harm in target regions. Self-harm is also strongly associated with early indicators of Poverty.
Implications: This study suggest that social and economic policy measures and programs related to tax cut, corruption control, health care safety and insurance should be implemented both prior to and during economic crises to prevent self-harm and loss of human capital of the society
Optimizing Innovation Capability in Pakistani Healthcare
Purpose: This study aims to enhance the understanding of how TQM practices can be leveraged to improve healthcare services in Pakistan. Specifically, it seeks to explore the relationship between various TQM practices and the development of innovative capabilities in the healthcare sector, with collaboration and complexity acting as mediating and moderating factors, respectively.
Design/Methodology/Approach: An integrated research approach was employed, combining structured surveys and statistical analysis of data collected from private hospitals in Pakistan. The study investigates the correlations between TQM practices, innovative capabilities, and the mediating/moderating effects of collaboration and complexity. Potential limitations such as response bias, generalizability issues, and the dynamic nature of the healthcare environment are acknowledged. Notably, financial feasibility is not examined within this study.
Findings: The study reveals the challenges of fostering healthcare innovation in Pakistan, particularly in the context of cultural norms, resource constraints, and regulatory challenges. The findings underscore the importance of prioritizing TQM, promoting cross-functional collaboration, strategic quality planning, overcoming communication barriers, and addressing environmental complexities to enhance innovative capabilities in the healthcare sector.
Implications/Originality/Value: This research contributes significantly to the global understanding of healthcare advancements in developing nations, particularly in the context of Pakistan. It highlights the necessity for context-sensitive approaches and tailored strategies to improve healthcare innovation. The study also identifies gaps in existing literature, urging future research to adopt more inclusive methodologies for a comprehensive understanding of innovation capability in Pakistani healthcare. Despite its limitations, this work provides valuable insights for policymakers and healthcare professionals aiming to advance healthcare services in resource-limited settings
Sustainable Entrepreneurship in the Digital Age: Navigating Green Technology, Corporate Social Responsibility, and Financial Sustainability
Purpose: The purpose of this study is to establish the correlation between green technology, CSR, and financial sustainability in relation to sustainable entrepreneurship in the digital economy. The emphasis is made on the intermediary position of digital technology in promoting sustainable practices in the given business context.
Design/Methodology/Approach: The study uses a quantitative method where the target population of 203 respondents is sampled from different industries. Self-administered questionnaires with structured and closed questions were used to collect the data and structural equation modelling analysis was applied. The findings reveal that green technology, CSR, and financial sustainability are correlated because digital technology acts as a moderator that enhances the effects of sustainability.
Findings: Corporate social responsibility and financial sustainability are also critical in the formulation of sustainable business success. The mediating function of digital technology is illustrated in this case to demonstrate how organizations can enhance sustainability through better communication and operational effectiveness while using fewer resources. Implications/Originality/Value: This study contributes to the existing literature by revealing new perspectives on how firms can use digital technology to support environmentally friendly technologies and CSR to improve financial performance. The conclusion of the study indicates that firms which engage in sustainable business strategies facilitated by digital solutions are likely to be more viable in the long run. This research forms part of the ongoing literature on sustainable entrepreneurship.  
Impact of Head Teachers' Support and Engagement on Subordinate Teachers' Job Satisfaction and Job Performance: A Comparison between Pakistan and Japan
Objective: The commitment and backing of administrators can altogether impact the work fulfillment and execution of instructors. This review plans to explore the variables that influence the degree of help that educators get from administrators, explicitly inspecting how the school's remarkable culture, size, accessible assets, and the initiative style of the chief influence the level of help that instructors get.
Methodology: The exploration was led in Japan and Pakistan, and information was gathered through reviews and meetings with educators and directors. The outcomes uncovered that the commitment and backing of chiefs fundamentally affect instructors' work fulfillment and eventually their work execution.
Findings: In this way, it is pivotal for school educators to establish a positive workplace and upgrade understudy results.
Implications: This study adds to the current group of writing on the effect of head commitment and backing on instructors' work fulfillment and gives a culturally diverse pioneers to focus on commitment and backing of them correlation of Japan and Pakistan.  
Human Resource Development and Organisational Performance in Government-Sponsored Youth Empowerment Organizations in Kenya
Purpose: Government-sponsored Youth Empowerment organisations (GSYEOs) are designed to skill, prepare, and empower the youths toward poverty eradication, formal employment, and self-reliance. However, poverty and unemployment among the youths in Kenya seem to be on an onward trajectory. Yet, scarce research has been conducted on the influence of strategic direction on the performance of GSYEOs. This study examines the influence of strategic direction and the performance of GSYEOs in Kenya, which is anchored on strategic leadership theory and measured using the Balance Score Card framework.
Design/Methodology/Approach: A descriptive research design was utilised, a random sample of five GSYEOs with a total population of 1089 employees was adopted, and a sample of 109 was derived. Simple analysis results show that the relationship between organisational performance and Human Resource Development is statistically significant as (p<0.05), 65.0% of the variation in the organisational performance can be explained by the regression model (R2=0.65, ΔR2=0.644, F(1,64) =118.748, P<0.05). Results showed that that 65% was a good fit for the organisational performance.
Implications/Originality/Value: The study recommends that the Government of Kenya allocate and prioritise funding for capacity building in Government-Sponsored Youth Empowerment Organizations
A Document Analysis of Community Learning Centers in Australia: Development of A Model for Pakistan
Purpose: This research explores the emerging role of Community Learning Centers as a vehicle of change in Australia, as a best practice model. This study was a part of research thesis for the development of a model of community learning center in Pakistan.
Design/Methodology/Approach: Furthermore, this study was qualitative and based on document review. For this purpose, World Bank WBI Evaluation process was followed to conclude the findings. In this research, ten reports and official documents were retrieved from 1st October 2023 to 31st January 2024. Moreover, priori framework was used for thematic analysis.
Findings: The major themes were: background, organization, program implementation, impact and challenges. The findings elaborated the legislative support, policy safeguards and quality measures of AQF and ASQA for 2500 registered training organizations of community learning in all eight states and territories. It includes public and not-for-profit facilities with aim of personal enrichment, adult basic education, accredited and non-accredited vocational education. These facilities were providing seamless transition from non-formal education to formal education as well as increasing employability and productivity of remote, rural and high equity groups.
Implications/Originality/Value: This insight will provide guidelines for policy, structure and implementation in Pakistan in the long run
Effect of Probability of Default and Financial Performance of Commercial Banks in Kenya
Purpose: Specific objectives are to establish the effect of effect of probability of default and financial performance of Commercial Banks in Kenya. The theoretical framework was based on asymmetric information.
Methodology/Approach: The adopted mixed research comprising of causal and longitudinal research designs. The study used all commercial banks which are 42 it total. Positivism research philosophy was adopted. The study used secondary data from financial statements of banks. Data was analyzed by both descriptive and inferential statistics. Data was presented using tables.
Findings: From the findings Probability of default negatively affects the Performance of Commercial Banks in Kenya as indicated by a p value of 0.00 in the fixed effect model. This can be explained as a result of the following possible factors: Loans with higher Probability of default are more likely to become non-performing assets or be classified as doubtful debts.
Implications: Implementing a credit risk stress testing plan can effectively mitigate the likelihood of a bank encountering a financial crisis. In order to mitigate liquidity risk, it is advisable for banks to augment their liquid holdings