Institute of Business Management, Karachi, Pakistan: Journal Management System
Not a member yet
523 research outputs found
Sort by
FAILURE OF INTEREST BASED MONETARY POLICY: EVIDENCES FROM SELECTED ISLAMIC AND NON- ISLAMIC COUNTRIES
Get PDFInterest rate today is the most frequently used tool of monetarypolicy. Mainstream economists think that by increasing the interestrate, inflation can be reduced, and this provides the basis ofcontemporary monetary policy. However there is evidence againstthis theory. In this study, use the data of large number of Islamic andnon-Islamic countries. We apply sophisticated econometric techniquesincluding Granger Causality and VECM to explore the relationshipbetween interest rate and prices. We find that the relationship betweenthe two variables is positive but insignificant, showing the failure ofinterest rate as a monetary policy tool
THE ROLE OF GOLD PRICES, EXCHANGE RATE AND INTEREST RATE ON THE CONTINUITY OF INFLATION IN PAKISTAN
Get PDFIn this paper we investigated the role of gold prices, interestrate and exchange rate against inflation in Pakistan both in the longand the short run, utilizing time series data over the period of 1975-2013 under the Johansen co-integration and vector error correctionspecifications. The results suggest that gold prices and interest rateare significantly positively related with inflation in the long run inthe case of Pakistan, indicating that a rise in gold prices and interestwill result in increase in inflation in Pakistan. Whereas exchangerate is found to be insignificant to impact inflation over the length ofthis study. However exchange rate is found to have significantly andnegatively associated with inflation in the short run. That means thatappreciation in rupee (PKR) will result in decrease in inflation andvice versa
ORGANIZATIONAL AND PSYCHOLOGICAL OUTCOMES OF JOB INSECURITY: A CROSS SECTIONAL INVESTIGATION IN THE PRIVATE SECTOR ORGANIZATIONS OF PAKISTAN USING SUBJECTIVE APPROACH OF JOB INSECURITY
Get PDFJob Insecurity being the prevailing phenomenon has beendiscovered to be connected with psychological disorders such asanxiety, uncertainty and stress. It has also been evident that jobinsecurity perception triggers intention to leave and results indecreased job satisfaction, organizational commitment and jobperformance. This cross-sectional study examined the phenomenonin the private sector organizations of Pakistan where vital existenceof the perceived job insecurity has been observed. 250 respondentswere selected by stratified sampling technique to gather primary data.Findings have significantly supported the model developed and jobinsecurity has proved to be the contributor of psychological outcomein term of stress, anxiety and uncertainty. These psychologicaloutcomes along with job insecurity negatively affect job performance,organizational commitment, intention to leave and job satisfactionwhich does not only impact the mental health of the victims of jobinsecurity but ultimately organization’s productivity and futureprospects of growth
Islamic and Western Education Systems – Perceptions of Selected Educationists in Malaysia
Get PDFThis research article explores the perceptions of Muslim educationistsin Malaysia about the Islamic and the western education systems.Views of two faculty members, who are active proponents of Islamiceducation, were acquired through interviews and their perceptionson Islamic and western education systems were analyzed and thencontrasted against the views of Dr. Syed Naquib al-Attas, who isconsidered to be one of the architectsof the project of Islamizationof knowledge and education.Qualitative exploratory methodologywas followed for this research, where the views of the two educationistswere analyzed using thematic analysis,and the views of Dr. Naquibal-Attas were derived through document analysis of his writings oneducation and finally contrasted.It was revealed that there existsa gap in the understanding of the depth of philosophical conceptsand issues of education between these educationists and Naquib al-Attas
An Integrated Conceptual Model of Performance Appraisals and Succession Planning using Multi valued Evaluation
Get PDFThe quality of Human Resource and leadership are the two important determinants that determine the success of an organization. Though many organizations asserts that people are their most valuable asset, still very few organizations follows a structured approach for proper talent management i.e. the anticipation of needed human capital in organization, with appropriate system for retaining and rewarding their workforce. The paper proposes a model for performance based Succession Planning(SP) and Performance Appraisals (PA) on the basis of ordinal scale of measurements using expert opinion in terms of linguistic variables such as excellent performance high performance, Moderate and poor performance. The model presented in this paper is an attempt to help organizations in identifying and developing successors for the key position using data gathered through performance appraisals that will help in evaluating the performance of an employee using specific performance appraisals criteria. The proposed model will be beneficial for organizations in strategically identifying and developing required talent pool within the organization for internal promotions through performance appraisal reviews and competency assessments using fuzzy logic, multi valued evaluation model
CONCEPTUALIZING HUMOR IN ADVERTISING: THE MODERATING ROLE OF SELF-MONITORING
Get PDFThis research paper explores the mediating role of attitudetowards the advertisement and attitude towards the brand, andmoderating role of self-monitoring in the relationships betweenperceived humor in the advertisement and purchase intention of the customer. Survey data was collected from 209 individuals after showing advertisements. Confirmatory factor analysis, structural equation modeling, and macro developed by Preacher and Hays have been used to test moderation and mediation effect in the hypothesized model. A good fit between the data and tested model was observed. As predicted, purchase intention was positively related to perceived humor and full mediation effect has been found. The moderating role of self-monitoring has also been supported by the data. The findings are particularly salient for national and multinational media agenciesin Pakistan as well in the other parts of the world
IMPACT OF WORKPLACE BULLYING ON JOB SATISFACTION AMONG DOCTORS: MODERATING ROLE OF COPING STRATEGIES
Get PDFThis study was conducted to investigate coping strategies as amoderator in relationship between workplace bullying and jobsatisfaction among doctors. Data was collected from 150 male andfemale doctors working in different private and public hospitals sectorof Lahore through purposive sampling. NAQ-R (Einarsen et al.,2009),Overall job satisfaction scale (Cook et al., 1981) and Brief COPE(Carver 1997) were used to measure the bullying and job satisfaction.Linear regression analysis revealed that workplace bullying was astrong predictor of the lower level of job satisfaction. Moderationanalysis revealed that no individual coping strategy moderate inrelationship between bullying and job satisfaction. Results ofIndependent sample t-test indicated that female doctors working inpublic hospitals face more bullying. The results of the present researchhave implications to give insight to provide the sufficientpsychological protection for doctors to produce good workperformance
DISCRIMINATION AND CAREER MOBILITY AMONG FEMALE BANK EMPLOYEES
Get PDFThe less representation of women at top managerial levelremained an eye catching issue in organizational studies in therecent past. The current study aimed at revisiting the existingrelationship between gender discrimination and career mobility ina sample of female bank employees. Furthermore, the influence ofsocial norms, work-family balance and self- efficacy as mediatingvariables is examined. Data were collected through self-reportedquestionnaire from female bank employees. Correlation andregression tests were applied using the SPSS. Results indicate thatthere is a negative link between gender discrimination and femalecareer mobility in banks operating in Pakistan
PUBLIC DEBT AND ECONOMIC GROWTH IN PAKISTAN: A REASSESSMENT
Get PDFThis study examined the effect of public debt on economicgrowth for Pakistan over the period 1972 to 2012. Autoregressivedistributed lag (ARDL) bounds testing procedure was applied toexplore the long and the short run liaison between public debt andeconomic growth. This study examined the effect of public debt onboth the Gross Domestic Product (GDP) and the Grass NationalProduct (GNP) unlike other studies, which examined only oneindicator of economic growth. Public debt includes both externaldebt and domestic debt. Our findings reveal a significant negativeeffect of external debt on GDP and GNP in the long run and in theshort run. Further, debt servicing is inversely influencing GDP andGNP in the short run. However, domestic debt is found to have noeffect on economic growth. This study suggests that reliance on publicdebt should be minimized as this adversely effects economic growthin Pakistan
IMPACT OF PAKISTANI LABOR MIGRANT NETWORK ON PAKISTAN’S INTERNATIONAL TRADE WITH THE MIDDLE EAST
Get PDFEmigrants possess knowledge of host and sending countries’cultures and social environments that can help strengthen theeconomic relationship between them. We find this to be true forPakistan and its selected Middle East trading partners for whom thedata are available. Gravity model estimates suggest that eachPakistani emigrant contributed $422 to exports. This increase inexports can be attributed to Pakistani emigrants’ superior knowledgeof both countries environment as well as their help in reducingtransaction costs in trade. This study should be helpful to policymakers, who generally consider migrants to be the source ofremittances only, while our study showed that migrants help broadenour international trade as well