CSRC Publishing: Open Journal Systems (Center for Sustainability Research and Consultancy)
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1354 research outputs found
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Effects of Students thinking Styles on Classroom Participation and Academic Achievements: A Case Study of Pakistani Students
No full textPurpose: The main objective of the study was to identify different thinking styles of students during classroom participation, to assess students’ level of classroom participation in relation to their thinking styles and find out the association of demographic variable (gender, age, location) with thinking styles, classroom participation and academic performance of students, to examine the effect of students’ thinking styles on their classroom participation.
Methodology: The participants were 1320. The researcher uses random sampling technique to select the sample. The questionnaire for student’s thinking styles, questionnaire for Student’s classroom participation, questionnaire for student’s academic performance were used.
Findings: The results indicated that there are no significant on Factors Legislation, Executive, Global, monarchic and Internal. The post hoc show the significant different among the different variables e.g. Legislative, Executive, Global, Monarchic and Internal. And the results toward participation quality also shows that there is significance difference existed in participation quality. The other variable age shows that up to 22 respondents show significance different.
Implications: Teacher and students understand the thinking styles of each other and know about the actual and required thinking style. Teacher should easily continue their attention and improve their knowledge about students need on the through communication and feedback from the students
Analysis of the Effect of Government Expenditures on School Enrollment in Pakistan
No full textPurpose: No one can deny the importance of education as it not only improves living standard but also promotes self-esteem as well as improves social development. The role of the government cannot be overlooked in the development of education. Therefore, the main purpose of this study is to analyses the role of government through national income and government expenditure on education through school enrolment in Pakistan.
Design/Methodology/Approach: We have used secondary data over the period of 2000 to 2017 for empirical analysis. We used descriptive statistics analysis, and the method of least squares is used to obtain empirical results.
Findings: The result shows that national income and government expenditures have positive effects on school enrollment, indicating when national and government expenditures increase, ultimately school enrolment also increases in the country.
Implications/Originality/Value: Our results of this study suggest that national income needs to be increases and government spending also needs to be increases in order to improve education in the country
Determinants of Stock Market Liquidity: Auto Regressive Distributed Lag Based Evidence from the Emerging Equity Market
No full textPurpose: This research examines the impact of oil prices, exchange rate, stock market index, market volatility and inflation on the stock market liquidity.
Design/Methodology/Approach: The sample period is 20 years from 2000 to 2019 on monthly basis. We employ the auto-regressive distributed lag (ARDL) approach for analyzing long run and short run nature of relationship among variables. We also apply diagnostics including, normality check, serial correlation test, heteroscedasticity test and CUSM models for the stability of the models.
Findings: We finds that exchange rate and inflation have a long-term negative relationship, but oil prices, stock returns, and stock market volatility have a long-term positive relationship with stock market liquidity. Furthermore, these findings are robust under three different proxies of stock market liquidity for three sectors: text composite, textile weaving, and textile spinning.
Implications/Originality/Value: This study extend the existing debate on the relationship between macroeconomic variables and stock market liquidity in developed world to the emerging equity market. It also contributes by examining the impact of macroeconomic variables on the sectorial levels in equity market by using three proxies for stock market liquidity including, Amihud liquidity, average trading and trading volume
The Socio-Economic Effect of Remittances on Left behind Families in District Chitral
No full textThe study was initiated to measure the utilization of remittances on productive and nonproductive purposes in the hilly area of district Chitral. Three villages were purposively selected for analysis, and 150 respondents were selected randomly for face-to-face interview. The utilization was measured using t-test and percentage changes. The main indicators used in the research were education, income and expenditure. It was found that the remittances have a positive impact on the families left behind by the migrants. Thus overall, the results showed a positive effect on the socio-economic wellbeing of the respondents.
 
The Risk and Return Relations: New Evidence from Pakistani Stock Market
No full textIn this study, we try to answer several empirical questions related to testing of asset pricing models in Pakistan. First, we test the assumptions of capital asset pricing model (CAPM) using cross-sectional regression methodology of Fama and MacBeth (FMB) (1973). Second, we test the conditional relationship between beta and expected returns using FMB cross-sectional regressions. Third, we test and compare the explanatory power of CAPM and Fama and French (1993) three factor models using time-series regressions. For all of the above empirical tests, we use sufficiently large data set of weekly data from January 2006 to December 2018 of non-financial firms listed at the Pakistan Stock Exchange. Results of the cross-sectional regressions suggest that beta cannot explain expected returns. However, there is weak evidence that a conditional relation exits between beta and expected returns. Results of the time-series regression suggest that both CAPM and three factor model do well in explaining expected returns. However, GRS-based test of regression intercepts and regressions R2 indicate that Fama and French model better captures variations in observed stock returns than the CAPM
Use of Information Communication Technologies (ICTs) and Academic Achievement of University Students: A Correlational Investigation
No full textPurpose: This study was conducted to explore the relationship between the use of ICTs and the academic achievement of students at public and private level universities. The objectives of the study were to study the relationship between the use of ICTs and academic achievement of masters’ level students.
Methodology: The population of the study included all the students which are enrolled in master degree programs of all public and private sector universities of the Punjab province. The sample of the study comprised 400 students including 243 females and 157 males. The data was collected by a self-developed questionnaire which was based on the students’ opinions related to the use of ICT. All the 400 students gave their responses on six point likert type questionnaire that had 30 items. A pilot study was conducted for the validation of instrument. The reliability index (Cronbach’s Alpha) was 0.89, which was statistically significant. Data were collected personally from students (both male and female) of two public and two private sector universities. The data gathered from the students were analyzed on SPSS version 22. Pearson correlation coefficient, t-test, ANOVA, mean scores, standard deviation were calculated to find the major results.
Findings: The study found the benefits and uses of ICT in education sector and also explored different ways which may help in teaching learning process using resources of ICTs.
Implications: The policy makers should make such policies which ensure the use of ICT resources in all public and private sector educational institutions
Determinants of Employees’ Openness to Change: Insights from Service and Manufacturing Sectors of Pakistan
No full textPurpose: The volatile, uncertain, complex, and ambiguous (VUCA) world environment has forced organizational leaders more than ever to adopt new leadership styles in order to bring sustainable changes. This study tends to examine the impact of authentic leadership and symmetrical communication on employees' openness to change. In doing so, the study also illustrates the mediating character of organizational trust.
Design/Methodology/Approach: A self-administrated questionnaire based on a Five-point Likert scale was used to record the perceptions of top-level and middle-level managers from the services and manufacturing sectors of Pakistan. Data were analyzed through Partial least squares structural equation modelling (PLS-SEM) technique in SmartPLS version 3.2.9.
Findings: Results of this study reveal that authentic leadership promotes organizational trust among the individuals at the workplace, which further strengthens openness to change. Similarly, symmetrical communication also promotes corporate trust among workers. Interestingly organizational trust has been found a mediating phenomenon in this case.
Implications/Originality/Value: The study adds important insights into the literature and practically provides guidelines to tackle the change management process in organizations. The study implies that in order to perpetuate employees' susceptibility to change, an organization needs to promote authentic leadership.
 
Revisiting the Dynamic Impact of Fiscal Policy on Inflation in Pakistan
No full textPurpose: The target of the present research study is to examine the Non-Ricardian regime and determination of inflation in an open economy taking the case of Pakistan. Design/Methodology/Approach: This research is carried out for the economy of Pakistan for the period of 1976–2019. To deal with the time series data we need to test the Stationarity of the data in advance to confirm the non-existence of the second I(2) of stationarity. For the purpose of stationarity testing this study used test Phillips Peron (PP) test. PP test results suggested the use of ARDL. Findings: The results of ARDL reported that the intervention of the government has a very important and dominant role the determination of price level (Inflation) in an open economy. Implications/Originality/Value: The study has concluded that the government should focus on fiscal measure as well with the extensive use of monetary policy in coordination with fiscal policy to keep inflation in control in Pakistan
Incorporation of Vision, Knowledge and Creativity in Innovation and Technology Management: Synthesizing a Sequential Model
No full textPurpose: The primary objective of the paper is to synthesise the available literature on technology and innovation management in business firms. The study examines and elaborates the sequential relationship between all constructs that ensure innovation and technology management happen in an integrated way.
Approach/Design/Methodology: The study employs a qualitative approach of deductive reasoning, based on the reverse engineering method. Existing literature has been used as secondary data to harmonize the constructs as delineated in the conceptual framework for the research.
Findings: Several empirical and conceptual studies besides academic contributions have reasonably helped to find that innovation and technology management require essential support of creativity, knowledge and leadership vision. Not only a significant relationship exists but a sequential order is also affirmed for the whole process.
Originality / Value: This study presents the mechanism through which organizations can ensure better innovation and technology management. The inclusion of vision, knowledge and creativity in an orderly manner has added another dimension to the subject matter as a new contribution. It will help researchers, academicians and decision-makers to look into the process in a different yet practical manner
Enigmatic Role of Female Directors on Boards towards Corporate Performance. An Empirical Study
No full textPurpose: The presence of female members on boards is quite enigmatic. Almost every academic author argues that female directors’ contribution in the board room is positive and significant, and their presence, improves organizational performance. This study purpose is to figure out the link between female members and organizational performance.
Design/Methodology/Approach: For the purpose, Partial least square method of regression is used to develop the relationship. The measurement and structural model and theories are used to codevelop the formative constructs. Secondary data is used and collected from Pakistan stock exchange. Those KSE-100 companies are used in which female directors were there in any year from 2005 till 2012.
Findings: The results reveal that there was a negative relationship, empirically, which strengthened the notion that female directors in Pakistan are just the cosmetic face of board of directors and more female directors on board hinder the firm performance. Female members on the board had negative impact on the financial measures of return on equity and assets turnover.
Implications/Originality/Value: This study is helpful for the businesses in Pakistan to rely and utilize the knowledge, innovative skills and experience of female directors rather than to fill the seat as a regulatory requirement