CSRC Publishing: Open Journal Systems (Center for Sustainability Research and Consultancy)
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Intellectual Capital, Political Uncertainty and Firm Performance: Evidence from Pakistan
No full textPurpose: This research has examined the impact of Intellectual Capital (IC) on performance of the firms in Pakistan while considering political uncertainty as moderating variable. Value Added Intellectual Coefficient (VAIC) model by Pulic (1998) has been used to calculate IC and its components and ROA is used to measure firm’s performance.
Design/Methodology/Approach: The research used secondary data of firms, related to manufacturing sectors, listed in Karachi Stock Exchange-KSE 100 Pakistan for a ten-year period of 2010-2019. Regression Model has been employed to investigate the hypothetical relationship between IC and firm performance. Findings: Results of this paper revealed that CEE and CCE have a significant positive relationship with the financial performance of firms in Pakistan whereas SCE has negative effect on the financial performance of the firms. Furthermore, the findings suggest political instability as a significant moderating variable on the relationship among intellectual capital, its components and firms’ performance.
Implications/Originality/Value: The findings suggest that the IC of Pakistani firms is driven by physical and customer capital which implies the need for efficient utilization of physical and relational resources primarily. This research is the first attempt in investigating the relative importance of intellectual capital success of any firm under political uncertainty
Role of Capital Budgeting Techniques for Investment Decision Making: An Empirical Study of Public and Private Sector Companies in Pakistan
No full textPurpose: Regardless matter whether it is a commercial or public enterprise, every business would have a capital budgeting procedure in residence. The supply of Public goods is the major force on Public sector institutions, and one means to do this is complete the execution of huge progress schemes. With the current state of affairs in Pakistan, major cost and time overruns have occurred on Public sector setup ventures. One of the most likely reasons of cost overruns is a lack of or insufficient cost and benefit ventures, as well as general venture management since the documentation period through the stage after installation period. This study used capital budgeting decision-making methodologies to assess Pakistan's present technological ambitions. Design/Methodology/Approach: In Pakistan, one of the top corporations did a postal survey and a cross-sectional data analysis. Although empirical data suggests a shift toward genuine conceptions and discounted cash flow (DCF) approaches, corporations still fall short of the fundamental needs. Most methodologies are used, including inner proportion of return, net present value (NPV) and payback method (PBM).
Findings: The majority of corporations calculate risk adjusted cash flow, but only a small fraction of firms/businesses use the most modern risk assessment tools.
Implications/Originality/Value: In comparison to other industrialized nations, the utilization of the discounted cash flow (DCF) ratio is still quite low
Learners with Special Needs: Problems faced by Students and Teachers at University Level
No full textPurpose: Every person in this world has the right to be educated and by every person means every single person, yes, the persons of special needs as well. About 15 percent of the world’s population has suffered various forms of disabilities such as visual and hearing impairment, physically handicapped, or mental retardation. The 1st purpose of this research was to find out the problems that a teacher faced while teaching a special learner at a higher education level. 2nd to find out the student’s perspective of studying in an inclusive setting at the university level.
Design/Methodology/Approach: A phenomenological design was used and both teachers and their students took interviews. Qualitative theme analysis method was used in this study to analyze the teachers and students’ perceptions.
Findings: The study’s findings provide an understanding of the experiences of teachers as well as perspectives regarding disabilities of learners in the regular classroom. They both recognized four zones that obstruct their capability to efficiently teach in a mixed ability classroom and the regular classroom. (a) Insufficient knowledge of teachers and lack of awareness about inclusion in the classroom. (b) Lack of training employed in inclusive or regular classrooms with differently-abled students; (c) Lack of examination to choose the most suitable aids which helpful for the teaching in the inclusive regular classroom. (d). Learning difficulty and psychological issues in the classroom.
Implications/Originality/Value: From This research everyone will be benefited: students, as per their learning will be improved by it; educators as it will improve their teaching and efficiency in the classroom and parents, as their children will more likely to have a positive environment in the university. It will provide them an opportunity to learn from each other at the university level
Examining the Poverty Human Capital and Economic Development Nexus in Pakistan: Evidence from Southern Punjab
No full textPurpose: Different socioeconomic and demographic characteristics of households have been examined over time, across the world. Developing countries are struggling and striving to achieve the path of economic development.
Methodology: The present study has based on primary data, collected through a household survey during the year 2019. Human capital constitutes education, health, skills and on-the-job training are the most significantly related to the prosperity of the households.
Findings: The results of the study conclude human capital is the most significant and influential factor that would play a vital role in promoting the prosperity and development of the Southern Punjab, Pakistan.
Implications: Government should develop various projects to promote education in Pakistan. Vocational training schools would help to enhance the skills of the households
Investigation of Cognitive Mapping Abilities of Persons with Visual Impairment
No full textPurpose: Cognitive mapping of spaces is vital to the progress of well-organized orientation and mobility skills. Mostly the information required for cognitive mapping is acquired through the sense of vision. Persons with visual impairment lack in this critical information, and in consequence, they face difficulties in mapping as well as navigating new spaces. This study was aimed to investigate the cognitive mapping abilities of persons with visual impairment for the purpose of improvement in their independent movement.
Design/Methodology/Approach: The population of this quantitative study comprised persons with visual impairment residing in district Lahore, Pakistan. The convenient sampling technique was used for taking the sample of 30 persons having visual impairment. A self-developed questionnaire (Cronbach Alpha: 0.78) consisting of 36 items on five-point Likert scale (strongly agree to strongly disagree) was used to gather data through online mode. Descriptive and inferential statistics were used to analyze data.
Findings: The findings of the study revealed that the persons with visual impairment used language audition and haptics to get a direct or indirect awareness of their physical environment. The usage of assistive devices play an important role in their lives.
Implications/Originality/Value: The study suggested the strong need to assess the cognitive mapping abilities of persons with visual impairment through an increased sample and experimentation to improve their quality of life by increasing mobility and independence
Determinants of Militancy and its Effects on Education in Districts Mohmand of Khyber Pakhtunkhwa, Pakistan
No full textPurpose: The main objective of this study is to investigate the determinants of militancy and its effect on education in terms of students’ dropout in District Mohmand of Khyber Pakhtunkhwa, Pakistan, in 2018-19.
Methodology: The review depends on essential information and a sum of 358 families has been acquired through the Yamane Formula. The information has been investigated through the Chi-Square test just as the Multiple Linear Regression Model by means of SPSS programming.
Findings: The chi-square experimental outcome observed a critical relationship between understudies exiting and diverse financial variables, to be specific militancy, pay, early marriage, family size, schooling, and family framework. The impact of militancy was additionally seen after disaggregation of information into male and female and revealed a high impact in females contrasted with their male partners. Assessed relapse examination shows that understudy dropout is emphatically connected with the distance of respondents' homes to the nearest school, family size, militancy and family system.
Implications: The review prescribes that the public authority needs to control the Pak-Afghan line and spotlight on the decrease of destitution, work on the monetary turn of events, and increment the instructive spending plan
Effect of Pandemic on Women Entrepreneur Sustainability and Post Pandemic Opportunity on SMEs: Case Study of South Punjab
No full textPurpose: The pandemic posed a major challenge to entrepreneurs around the world. Women entrepreneurs contribute significantly to economic growth. The recent pandemic situation impacted their reach to some extent, but women entrepreneurs, with their strong dedication against the crisis, succeeded during this process. Effect of pandemic on women entrepreneur sustainability is examined in this study.
Design/Methodology/Approach: Entrepreneurship, Institutional and Social learning theories were used in this study. For conducting this research, the data is gathered from 309 respondents. SPSS is used for descriptive analysis and inferential analysis using the software Smart PLS 3. The provided hypothesis was analyzed in two-step approach using partial least squares structural equation modeling (Smart-PLS 3).
Findings: The results show a significant link between the variables. While the pandemic as a moderator showed an insignificant relationship between women's entrepreneur orientation and women's entrepreneur sustainability in SMEs, the moderating role has significant moderation on the relationship between SMEs' growth and women's entrepreneur sustainability in SMEs.
Implications/Originality/Value: Increases in women's entrepreneur orientation and SME growth resulted in increases in women's entrepreneur sustainability in SMEs, but the novelty of this study is to describe how pandemics play as moderator roles in women's entrepreneur orientation, SME growth, and women's entrepreneur sustainability in SMEs
Human Resource Management Practices and Employee Performance in the Banking Sector of Pakistan: The Role of Islamic Work Ethic
No full textPurpose: The present study aims to investigate the relationship between human resource management practices (recruitment and selection, training and development and performance appraisal) and employee’s performance. Further, this study examines the moderating role of Islamic Work Ethics in the direct link mentioned above in the banking sector of Pakistan.
Design/Methodology/Approach: The data were collected from 256 employees working in the banking sector of Pakistan. To test the hypothesized relationships, multiple regression analysis was conducted.
Findings: The findings indicated the significant impact of human resource management practices (recruitment and selection, training and development and performance appraisal) on employee performance. Moreover, the moderating role of Islamic Work Ethics was also supported. This study found the Islamic Work Ethics strengthens the relationship between human resource management practices (recruitment and selection, training and development and performance appraisal), employee’s performance.
Implications/Originality/Value This concludes that human resource management practices are essential for every organization that enhance the Employee’s Performance. Further it is revealed Islamic Work Ethics moderates the relationship between human resource management practices and Employees Performance. Implications and future research for practice and directions are discussed
Engaged Versus Workaholic Employees Job Crafting Behavior: The Moderating Role of Perceived Organization Support
No full textPurpose: Making jobs challenging and interesting is becoming a new trend in organizations and is related to job crafting behavior. Employees with different sort of wellbeing predict diverse crafting behaviors. This study is about making comparisons between the two states of wellbeing that can be differentiated on theoretical backgrounds: work engagement and work holism. Specifically, both well beings may differently predict job crafting behavior
Design/Methodology/Approach: This study was quantitative in nature and applied on a sample of 285 faculty members working in higher education institutions in Pakistan. Further, the moderating effect of perceived organizational support was tested by using the SEM-AMOS.
Findings: The findings revealed that engaged employees always craft their jobs even if they don’t perceive considerable support from their organizations. But the employees who are workaholic, do not usually craft their jobs, but adopt job crafting behavior when they perceive an organizational support.
Implications/Originality/Value: This study points towards an important theoretical connection between employee wellbeing and job crafting behavior. It concludes that employee wellbeing is essential for job crafting and, specifically, for workaholic employees, perceived organizational support is also important
Role of Health Literacy in Shaping Consumer Organic Purchase Intention: A TPB-based Perspective
No full textPurpose: The study aims to examine the organic food purchase intention of the consumer in the naïve organic market of Pakistan. Further, the study establishes the moderating role of price elasticity between TPB and consumer purchase intention.
Design/Methodology/Approach: 440 responses were considered for data analysis. SEM (Structural Equation Modeling) is used to study the measurement and structural model.
Findings: The organic attitude is a prime predictor of consumer purchase intention towards organic food products. In light of the theory of planned behaviour (TPB) study helps to understand the primary perspectives of consumer purchase intention of the organic food in the Pakistani market that is price sensitive.
Implications/Originality/Value: This study makes a theoretical contribution to the theory of planned behaviour and practical contribution to the policymakers to shift the farmer focus towards the organic farming practices due to lucrative profit margins and at the same time working on the primary health knowledge to enhance the health-related literacy.