iRepository (Institute of Business Administration)
Not a member yet
6878 research outputs found
Sort by
The Intervention of Artificial Intelligence Focus Between Governance Structure and Financial Sustainability
No full textPurpose: Considering the contemporary significance of artificial intelligence in bringing prosperity, the primary objective of this study is to investigate how corporate focus on artificial intelligence explains the causal link between governance structure and financial sustainability. Methodology: Quantitative data was gathered from annual reports of non-financial firms listed on the Pakistan Stock Exchange as panel data for the period from 2009-2022. The study applies content analysis of the more than three thousand annual reports for AI and dynamic panel regression for analysis.
Findings: The results of the study state that governance structure exerts a favorable influence on operating profitability and financial and stock market outcomes significantly. Unexpectedly, the governance mechanism does not affect the AI focus of the firm. However, AI focus enhances financial sustainability in terms of operating and monetary outcome and partially intervenes in the relations.
Originality/value: After evaluating the stated aim, this study presents novel insights into how AI can benefit a developing economy like Pakistan.
Research limitations/implications: the study limits itself to the given aim only for Pakistan-like economies.
Practical implications: AI governance frameworks are essential for organizations to manage AI-related risks and ensure ethical deployment. Core components of such frameworks include clear definitions, comprehensive inventories, established policies and standards, and a structured governance framework with controls.
Social implications: These elements collectively contribute to the responsible adoption of governance systems and AI technologies for financial sustainability in the support of stakeholders’ interests
The Effect of Exchange Rate on Stock Market Performance: An Analysis of Underlying Mechanism
No full textThis paper explores the effect of exchange rate on stock market performance in Pakistan, underscoring the underlying mechanism through interest rates. Using monthly data from August 2009 to August 2024, we performed a Vector Error Correction Model (VECM) and Granger causality tests to identify both short-run dynamics and long-run among the exchange rate, KSE-100 index, repo rate, and inflation. The findings shows that while FX shocks do not directly influence stock returns in the short run, they significantly affect inflation and repo rate, which leads to impact equity performance. Currency depreciation causes inflationary pressure and restrictive monetary policies, leading to lower stock returns. The evidence backs a portfolio-balance (stock-oriented) channel rather than a flow-based mechanism. These results demonstrate the important role of monetary policy in mediating financial linkages When dealing with exchange rate volatility the government needs to pay attention to these factors since excessive rate increases may intensify stock market instability
Countering Electoral Disinformation: Training Module For Media
No full textThis curriculum has been designed with the view to increase the ability of media practitioners, election and human rights monitors and the youth to respond to election-related information manipulation by identifying the various types accurately and quickly through an election- specific curriculum, CSO-focused capacity building activities and an improved distribution network.https://ir.iba.edu.pk/cej-research-reports/1004/thumbnail.jp
Factors influencing students\u27 major choice in HRM at Undergraduate level in Karachi, Pakistan
No full textPurpose
The purpose of this study is to identify the factors that affects on how a student takes career decision at university level especially when selecting the specialisation. The Major choice that has been taken under consideration in this study is Human Resources Management (HRM). The purpose is to identify the affect of Influencers (INL), Interests (INT), Financial Resources (FIN), Self-capacity (CAP), Career opportunities (OPP), and Personality (PER) on Students’ Career Choice (SCC).
Study design/Methodology/Approach
A survey methodology was used and a sample of 225 university students enrolled in the Bachelors in Business Administration (BBA) program majoring in Human Resources Management (HRM) were used to collect the responses using purposive sampling. For the testing of the hypothesis, structural equation modelling was deployed.
Findings
The research aims to identify the relationship of each individual variable with Students’ Career Choice (SCC). It was discovered that FIN, CAP, and OPP positively affect SCC.
Originality/value
Not much emphasis is given on career choice in Pakistan and not much research has been done in this regard. The research fills the gap and tried to identify the factors that affect career choice from the university students of Pakistan.
Research limitations/implications
The research undertook only a few factors out of many factors affecting students; career choice. In addition to this, the study also only considered undergraduate university students and left out graduate and postgraduate students. Furthermore, the study was only carried out in Karachi, Pakistan and should also include other major cities of Pakistan for more better understanding.
Practical implications
Educational bodies, students, and parent(s) can take assistance from the findings of this research in forming better career goals. Universities can use this to better shape the HRM curriculum, students in identifying their true potentials, and parent(s) in helping their children in making better career decisions
The Effect Of Reconstitution Of Shariah Compliant Index Announcement On Stock Turnover And Returns
No full textPurpose: The purpose of this study is to determine the effect of announcements of re-composition of All Shares Islamic Index of Pakistan commonly known as PSX-KMI All Share Islamic Index of Pakistan on the Turnover and Returns of included and excluded companies; because of growing interest of individual and institutional investors in Shariah compliant stocks.
Research Approach: The quantitative approach has been applied in this research, using secondary data of companies included and excluded, due to re-composition of PSX-KMI All Share Islamic Index, surrounding around four (04) announcements with three months’ pre-notice period and one-month post-notice period. This secondary data was retrieved using Eikon Refinitiv DataStream. The Event Study approach was used to examine the effect of re-composition announcement on Abnormal Turnover and Abnormal returns, surrounding the announcement period.
Findings: The study found that there is insignificant impact on Abnormal Turnover and Abnormal Returns of included and excluded companies, due to the announcement of re-composition of PSX-KMI All Share Islamic index of Pakistan
Practical implications: This study may contribute to the knowledge base of regulatory intervention (announcement reaction) and its impact on the performance of listed stocks.
Originality/Value: As per the researcher’s best knowledge, it is the first empirical study on the effect of announcements of re-composition of PSX-KMI All Share Islamic Index of Pakistan on the Turnover and Returns of included and excluded companies
Beyond gender diversity: How specific attributes of female directors affect financial default risk
No full textThis study explores the impact of women directors on the financial default risk (FDR) of US firms. The research indicates that the presence of women directors contributes to a reduction in FDR. Notably, white and independent women directors play a significant role in decreasing FDR, while women of color do not exhibit a similar effect. These findings primarily stem from the resource dependence and monitoring mechanisms. Specifically, women directors demonstrate a tendency to mitigate FDR in firms facing financial constraints, information asymmetry, and weak governance structures
AI Transformation at Philips: Revolutionizing TV Picture Quality
No full textThis case study examines the strategic dilemma faced by Philips in improving the profitability of its TV division. The case presents the global situation of Philips from the perspective of Philips Pakistan by highlighting the challenges of competition from Sony, particularly in picture quality. Philips had to decide between investing in innovative technology or maintaining low prices to compete with Sony\u27s quality. Against the backdrop of industry evolution from CRT to flat panel displays, the case discovers Philips\u27 history of innovation, including the first computerized TV and later innovative addition to the product range. It also analyzes the competitive landscape and Philips\u27 in both B2C and B2B markets. Central to the decision is whether Philips must find ways to improve picture quality. The abstract emphasizes Philips\u27 evolution from a lighting company to a global consumer electronics leader, underlining its commitment to cutting-edge innovation in technology
High-level push for mediation laws
No full textHigh court justices, regulators, economists, and business leaders are advocating for the adoption of mediation laws to alleviate the backlog of legal cases in Pakistan, which currently hampers business operations and deters foreign investment. Justice Yousuf Ali Sayeed and Justice Jawad Hassan highlighted the limited use of existing mediation laws and stressed the need for increased awareness and promotion of mediation as an alternative to litigation
UNDP, JS Bank and IBA Karachi join hands to finance climate-resilient SMEs
No full textThe news describes the UNDP, JS Bank, and IBA Karachi collaboration on the SDGs Innovative Financing Challenge Cup to support climate-resilient small and medium enterprises (SMEs) in Pakistan. The initiative, aligned with UN MSMEs Day, hosted a competition with over 200 applications, shortlisting 30 SMEs for capacity-building workshops. The event\u27s finale featured the top 10 finalists, focusing on projects addressing social and environmental challenges linked to the Sustainable Development Goals (SDGs)
Peer Connect- Exploring opportunities in GCC countries
No full textShahbaz Lalani, a Big 4 consultant based in the Middle East and IBA class of 2018, conducted an insightful online session with our students regarding placement opportunities in GCC. During the session, he highlighted key aspects of building a professional profile for the GCC job market, taking students through his journey to the UAE as a successful professional