18 research outputs found
EMOTIONAL INTELLIGENCE AND JOB COMMITMENT: MEDITATIONAL ROLE OF JOB SATISFACTION AND JOB PERFORMANCE
No full textThe study focused on the meditational role of job satisfactionand job performance between EI and job commitment. A sample of 200 bank employees was collected from different banks in the Lahore district, age ranging from 30 to 59 year. Scale of Emotional Intelligence (Batool & Khalid, 2011), Organizational Commitment Questionnaire (Mowday, Steers & Poter ,1979), Job Satisfaction Survey (Spector, 1997) and Role Base Performance Scale (Welbroune, Johnson & Erez, 1998) were employed to collect the data. Baron and Kenny’s guideline (1986) was followed to run the mediational analysis.Results revealed that job satisfaction and job performance fullymediated the relationship between EI and job commitment.Implications of the study are also discussed
Impact of gold and oil prices on the stock market in Pakistan
No full textPurpose: The purpose of the study is to find out the impact of gold and oil prices on the stock market.
Design/methodology/approach: This study uses the data on gold prices, stock exchange and oil prices for the period 1991–2016. This study applied descriptive statistics, augmented Dickey–Fuller test, correlation and autoregressive distributed lag test.
Findings: The data analysis results showed that gold and oil prices have a significant impact on the stock market.
Research limitations/implications: Following empirical evidence of this study, the authors recommend that investors should invest in gold because the main reason is that hike in inflation reduces the real value of money, and people seek to invest in alternative investment avenues like gold to preserve the value of their assets and earn additional returns. This suggests that investment in gold can be used as a tool to decline inflation pressure to a sustainable level. This study was restricted to use small sample data owing to the availability of data from 1991 to 2017 and could not use structural break unit root tests with two structural break and structural break cointegration approach, as these tests require high-frequency data set.
Originality/value: This study provides information to the investors who want to get the benefit of diversification by investing in gold, oil and stock market. In the current era, gold prices and oil prices are fluctuating day by day, and investors think that stock returns may or may not be affected by these fluctuations. This study is unique because it focusses on current issues and takes the current data in this research to help investment institutions or portfolio managers.
Doi: https://doi.org/10.1108/JEFAS-04-2019-005
Impact of gold and oil prices on the stock market in Pakistan
No full textPurpose: The purpose of the study is to find out the impact of gold and oil prices on the stock market. Design/methodology/approach: This study uses the data on gold prices, stock exchange and oil prices for the period 1991–2016. This study applied descriptive statistics, augmented Dickey–Fuller test, correlation and autoregressive distributed lag test. Findings: The data analysis results showed that gold and oil prices have a significant impact on the stock market. Research limitations/implications: Following empirical evidence of this study, the authors recommend that investors should invest in gold because the main reason is that hike in inflation reduces the real value of money, and people seek to invest in alternative investment avenues like gold to preserve the value of their assets and earn additional returns. This suggests that investment in gold can be used as a tool to decline inflation pressure to a sustainable level. This study was restricted to use small sample data owing to the availability of data from 1991 to 2017 and could not use structural break unit root tests with two structural break and structural break cointegration approach, as these tests require high-frequency data set. Originality/value: This study provides information to the investors who want to get the benefit of diversification by investing in gold, oil and stock market. In the current era, gold prices and oil prices are fluctuating day by day, and investors think that stock returns may or may not be affected by these fluctuations. This study is unique because it focusses on current issues and takes the current data in this research to help investment institutions or portfolio managers.Propósito: El propósito del estudio es conocer el impacto de los precios del oro y el petróleo en el mercado de valores. Diseño/metodología/enfoque: Este estudio utiliza los datos sobre los precios del oro, la bolsa de valores y los precios del petróleo para el período 1991-2016. Este estudio aplicó estadística descriptiva, prueba de Dickey-Fuller aumentada, correlación y prueba de retardo distribuido autorregresivo. Hallazgos: Los resultados del análisis de datos mostraron que los precios del oro y el petróleo tienen un impacto significativo en el mercado de valores. Limitaciones/implicaciones de la investigación: Siguiendo la evidencia empírica de este estudio, los autores recomiendan que los inversores inviertan en oro porque la razón principal es que el aumento de la inflación reduce el valor real del dinero y la gente busca invertir en vías de inversión alternativas como el oro para preservar el valor de sus activos y obtener rendimientos adicionales. Esto sugiere que la inversión en oro puede utilizarse como herramienta para reducir la presión inflacionaria a un nivel sostenible. Este estudio se limitó a utilizar datos de muestras pequeñas debido a la disponibilidad de datos de 1991 a 2017 y no pudo utilizar pruebas de raíz unitaria de ruptura estructural con dos enfoques de ruptura estructural y cointegración de ruptura estructural, ya que estas pruebas requieren un conjunto de datos de alta frecuencia. Originalidad/valor: Este estudio proporciona información a los inversores que desean obtener el beneficio de la diversificación invirtiendo en oro, petróleo y mercado de valores. En la era actual, los precios del oro y del petróleo fluctúan día a día, y los inversores piensan que los rendimientos de las acciones pueden verse afectados o no por estas fluctuaciones. Este estudio es único porque se centra en temas actuales y toma los datos actuales de esta investigación para ayudar a las instituciones de inversión o administradores de cartera
Table_1_Biopsychosocial determinant of quality of life of older adults in Pakistan and Canada.docx
No full textBackgroundThe rapidly rising average age of the older adults has brought various global healthcare challenges. A core challenge is how to enhance their quality of life (QoL).ObjectiveThe objective of the current study was to test the significance of biopsychosocial determinants of quality of life of older adults in Pakistan and Canada.MethodologyA cross-sectional survey was carried out on a conveniently approached purposive sample of 1,005 older adults (Pakistani = 557 and Canadian = 448) of age range between 60 years and 80 years. The data were collected via demographic datasheet, World Health Organization Quality of Life Brief Scale, Health and Lifestyle Questionnaire, General Self-Efficacy Scale, Rosenberg Self-Esteem Scale, and Berlin Social Support Scale.ResultsThe results of hierarchical regression analysis showed that biopsychosocial factors (viz., health and lifestyle, chronic illness, self-efficacy, self-esteem, and social support) significantly predicted (R2 = .27, and.68) quality of life of older adults in Pakistan and Canada, respectively, after controlling the demographic variables. Significant differences were found between Pakistani and Canadian older adults on biopsychosocial factors: Canadian older adults scored significantly higher on health and lifestyle, self-efficacy, and quality of life, and older adults in Pakistan scored significantly higher on self-esteem and social support.ConclusionA significant amount of better QoL of older adults can be achieved through enhancing the biopsychosocial correlates of their QoL, both in Pakistan and Canada.</p
Biopsychosocial determinant of quality of life of older adults in Pakistan and Canada
No full textBackground: The rapidly rising average age of the older adults has brought various global healthcare challenges. A core challenge is how to enhance their quality of life (QoL). Objective: The objective of the current study was to test the significance of biopsychosocial determinants of quality of life of older adults in Pakistan and Canada. Methodology: A cross-sectional survey was carried out on a conveniently approached purposive sample of 1,005 older adults (Pakistani = 557 and Canadian = 448) of age range between 60 years and 80 years. The data were collected via demographic datasheet, World Health Organization Quality of Life Brief Scale, Health and Lifestyle Questionnaire, General Self-Efficacy Scale, Rosenberg Self-Esteem Scale, and Berlin Social Support Scale. Results: The results of hierarchical regression analysis showed that biopsychosocial factors (viz., health and lifestyle, chronic illness, self-efficacy, self-esteem, and social support) significantly predicted (R2 =.27, and.68) quality of life of older adults in Pakistan and Canada, respectively, after controlling the demographic variables. Significant differences were found between Pakistani and Canadian older adults on biopsychosocial factors: Canadian older adults scored significantly higher on health and lifestyle, self-efficacy, and quality of life, and older adults in Pakistan scored significantly higher on self-esteem and social support. Conclusion: A significant amount of better QoL of older adults can be achieved through enhancing the biopsychosocial correlates of their QoL, both in Pakistan and Canada.</p
Psycho-social sufferings and sexual difficulties among female survivors of child sexual abuse in Pakistan
No full textBackground: Child sexual abuse is a universal social challenge and the victims of childhood sexual abuse suffer a range of short and long term psychological, social, behavioral and physical problems that vary in different cultures. The study was carried out to explore the perceived impacts of childhood sexual abuse in Pakistan, because no such study was conducted in Pakistan earlier. Methods: Interpretative phenomenological analysis was used to analyze the data. A snowball sampling technique was used to approach the sample of current study. The sample of the study comprised ten female survivors of childhood sexual abuse of age ranged between 18 and 22 years (Mage= 20.10 years) with the education ranging from matric to BSc. Out of these participants, four were married and six were unmarried and belonged to different cities of Punjab, Pakistan. Data were collected via a semi-structured interview schedule and all interviews were verbatim transcribed. Results: A rigorous iterative process of data analysis resulted in three super-ordinate themes and ten sub-ordinate themes: Experiencing Abuse (emotional trauma, and physical distress), Psycho-social Distress (low self-esteem, negative self-concept, psychological pain, social suffering, and retaliation vs. forgiveness), and Sexual Difficulties (passive role, emotionally aloof, aversion from hetero-sexuality and avoidance). Conclusion: It was concluded that childhood sexual abuse is an intense experience that has short- and long-term negative impacts on the lives of female survivors and engulfs their lives as a whole. The study has implications for psychiatrists, psychologists, family counselors, social scientists, educationists, and parents.</p
The mediating role of absorptive capacity in the relationship between intellectual capital and organizational innovation in higher education institutes Punjab, Pakistan
No full textThis study aims to investigate the mediating role of absorptive capacity (ACAP) between intellectual capital (IC) and organizational innovation in the context of Higher education institutions (HEI) of Punjab Pakistan. This study used a structured questionnaire to collect the data from employees of HEI Pakistan. This study usesa covariance-based structural equation modeling technique (CB-SEM) for data analysis through AMOSE software. This study performed CB-SEM in two steps; confirmatory factor analysis (CFA) and SEM analysis. Confirmatory factor analysis ensures the reliability and validity of the construct while SEM analysis was used to test the modeled hypothesis. The study found that IC has a significant positive relationship with ACAP and organizationalinnovation. ACAP has a significant and positive relationship with organizational innovation and also plays a mediating role between IC and organizational innovation. The study will help the HEIs of Pakistan to boost innovation activities more effectively in order to improve their innovations performance. This study enriches the theoretical literature of IC by using five dimensions, human, social, structural, relational and spiritual capital, of IC and by suggesting a new path for organizational innovations. Moreover, a few studies investigated a relationship between IC and organizational innovation with the mediating role of absorptive capacity; however, in HEIs Pakistan context, no study exists. This study can be reproduced in another sector like information and communication technology and the banking sector
RAMIFICATIONS OF GOVERNANCE INFRASTRUCTURE AND FDI FLUX IN PAKISTAN
No full textThe prominence of Foreign Direct Investment (FDI) to Pakistan is due to its positive macroeconomic fallouts. The factors that maneuver as impediment towards FDI are socioeconomic in nature. To deliberate such factors, this study is distinctive in context of incorporating governance infrastructure such as; political stability, quality of governance, and control of corruption for the period of 1980-2018. Autoregressive Distributed Lag was used to estimate the coefficient in varied time horizon. Findings concluded governance infrastructure to be significantly and positively affecting the flow of FDI. Thus, better handling of the same is essential so that the macroeconomic goals that are hindered due to lack of capital be fulfilled in ready course of time
What Determines Balance of Payments: A Case of Pakistan
No full textDistortion in balance of payments is one of the dominant causes for the sluggish economic condition of Pakistan. The present article has focused to scrutinize the relationship of the balance of payments to its certain determinants that are actually blamable or not for its distortion. The robust ARDL structure has been utilized to develop the bound testing approach to co-integration and error correction models on data set for 1972-2013.The bound test declares that there exists stable long run relationship of balance of payments to its determinants. The upshots indicate that real exchange rate inversely influences the balance of payments not only in the long run but also in the short run. Interest rate inversely affects the balance of payment in the long run but positively affects in the short run .Fiscal balance affects the BOP negatively in the long and short run simultaneously. As regards the real GDP, it moves the BOP in the positive direction in both long and short run. The money supply cast a positive influence on the BOP in the short run but negative effect in the long run. So the need of the hour is that the real GDP of Pakistan should be increased by the deliberate policy of the government. Because it is the GDP that can increase our savings consumption and government expenditures and exports and can improve balance of balance of payment.</jats:p
