Institute of Business Management, Karachi, Pakistan: Journal Management System
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MOTIVATION ENHANCING HRM PRACTICES’ AND EMPLOYEE DEMOGRAPHICS ON AFFECTIVE COMMITMENT AMONG EMPLOYEES IN TEXTILE MANUFACTURING IN PAKISTAN
Get PDFThe current study is an attempt to probe the relationship of a setof motivation enhancing HRM practices & employee demographics with affective commitment among employees working in textile manufacturing organizations. A well-structured questionnaire tool was used to collect the data from 232 employees working on managerial positions. The Pearson coefficient of correlation and ANNOVA analyses revealed that system consisting of motivation enhancing HRM practices and demographic variable “age” were stronger predictors of employee affective commitment, the education level exhibited association at 0.08 significance level, the employee demographics: gender and job period posed no significant association with employee affective commitment. The findings are in relevance with past researches, practical implications and need for futureresearch are also discussed
THE EFFECTS OF DEMUTUALIZATION ON EXPANSION OF STOCK MARKET GROWTH: EVIDENCES FROM INDIAN STOCK MARKET AND LESSON FOR PAKISTAN STOCK EXCHANGE (PSX)
Get PDFThe decision to transform an exchange’s governance andownership structure is influenced by globalized market trend whichallows exchanges to gain from the benefits of internationalizationand integration. This article examines the impact ofdemutualization on stock market indicators. Bombay StockExchange and National Stock Exchange of India were taken asstatistical frame. Wilcoxon sign rank test, Pair sample T-test, andMANOVA were used as statistical techniques. Pre-Post researchdesign was used and data (4 years before and 4years after thedemutualization) were collected from the website of the worldfederation of the exchanges. The result of Wilcoxon sign rank testand Pair sample T-test indicates significant differences in stockindex, market capitalization, value of share trading and the numberof listed companies before and after the demutualization of Indianstock exchanges. Likewise, the results of MANOVA elucidatessignificant influence of demutualization on stock market indicators,and conclude that demutualization leveraged Indian stockexchanges to a great extant
RELATIONSHIP BETWEEN TYPES OF REWARDS AND JOB SATISFACTION OF EMPLOYEES: EVIDENCE FROM KHYBER PAKHTUNKHWAH
Get PDFThe main objectives of this research study were to gauge theprevailing level of job satisfaction amongst employees. Furthermore to find an association among the levels of rewards (task significance, task involvement, task autonomy, organizational rewards, social rewards) and job satisfaction of employee’s doing jobs in private sector organizations in Khyber Pakhtunkhwah. 240 employees of five private sector universities and eight private sector banks participated in this study. A Cronbach’s Alpha, Multiple Regression and Pearson Correlation are used to test the proposed hypothesis.The findings reveal that there exists significant and positiveassociation between job satisfaction and rewards (task involvement, task autonomy and task significance). The results show that job satisfaction is insignificantly associated with organizational rewards and social rewards. The findings of this research and their implication for future research are also discussed
THE ROLE OF LEADERSHIP IN WORK ENGAGEMENT: THE MODERATING ROLE OF A BUREAUCRATIC AND SUPPORTIVE CULTURE
Get PDFWork engagement has been a critical issue to business leaders,policy makers, human resources managers, supervisors, organizationalconsultants, and organizations at large. Rare research has been doneon how leadership styles impact work engagement levels in privateand public sector banks, especially in the context of developingcountries’ varying organizational cultures. The paper offers anempirical research model on leadership styles: transactional andtransformational leadership and their impacts on work engagementlevels in the presence of the moderating role of bureaucratic andsupportive culture. Approximately 700 self-administeredquestionnaires were circulated among employees of private- andpublic-sector banks using a simple random sampling technique. Theresults reveal that transformational leadership has a stronger positiveinfluence on work engagement levels only in private-sector banks.Also, the supportive culture of private banks strengthen the positiveassociation between transformational leadership and workengagement levels. Conversely, a bureaucratic culture has beenmoderated and has strengthened the relationship betweentransactional and work engagement in public-sector banks
CRITICAL DISCOURSE ANALYSIS OF FREEDOM FLOTILLA CARRYING AID TO GAZA
Get PDFThe incidents media portrays are generally accepted bylayman blindly. It is important to realize that everything we see is not necessarily true and therefore, truth is not a universal term as it varies from person to person. This paper focuses on the analysis of Intertexuality and Assumption in two news items by two different newspapers (one item per newspaper) covering the same news event. The data are analyzed through CDA (Critical Discourse Analysis). The analyzed data reveal that the realities created by Al Jazeera News and The Haaretz News covering the Freedom Flotilla incident are very different from each other, and the Haaretz news reporting presents political and social bias in favor of Israel/ whereas, Al Jazeera’s news report is more authentic and presents a holistic picture of the event
DOES OWNERSHIP STRUCTURE AFFECT FIRM’S PERFORMANCE? EMPIRICAL EVIDENCE FROM PAKISTAN
Get PDFIn Pakistan, the ownership of majority of the firms is characterized by the concentration of different groups such as family members, associated firms, institutional investors and insiders. The present study aims to investigate whether different ownership structure including family ownership, associated ownership, institutional ownership, concentrated ownership, managerial ownership, block holding, and foreign ownership contribute to the financial performance of nonfinancial firms listed at the Pakistan Stock Exchange (PSX). Findings suggest that a firm’s performance increases significantly in the presenceof associated ownership, concentrated ownership, institutionalownership and block holding. This indicates that these ownershipstructures add value and help in reducing agency problems. On the other hand, family and managerial ownership have a negative relationship with firm performance. These findings are consistent with the hypothesis of minority shareholder expropriation which states that when family ownership and managers’ involvement is higher in a firm, they exploit the funds of minor shareholders. Similarly, foreign ownership also does not add value
Importance of Public Relations in New Business
Get PDFUnderstanding the true meaning of public relations will never be classified as a science because it is an ever-changing process much like a research process. There are continuous additions and subtractions being made; some of which are related to the progressive changes being made in the business world and some of the modifications are due to the evolving attitudes of the consumers. Public relations have been, in the past, separately paired with many terms such as marketing, advertising, introducing, communications. As of recently, with the various technological improvements that have taken place it has started to entail all of these things. The aim of this research paper is to try and dissect the different levels of public relations, when and where it is most commonly used, understanding whether the type of business plays a part in choosing the medium of public relations to be used and to decide at which stage public relations are best used in the business cycle
