Impact of green supply chain management strategies on operational performance: Mediating and moderating role of green innovation and supply chain capability.
Green supply chain management (GSCM), a cross-disciplinary field, grew during recent years with increasing interest from both academia and industry. GSCM considered emphasizing environmental issues in Traditional Supply Chain Management (TSCM). Due to the new trends in global warming, environmental sustainability became a greater concern among organizations and enterprises globally. This study focused on green supply chain management strategies in the presence of green innovation. Green innovation improved operational performance as well as products, leading to economic and operational performance. Different manufacturing sectors put pressure on implementing green supply chain management strategies and green innovation. This study focused on the manufacturing industry, specifically the automobile sector in Pakistan.
A non-probability sampling technique was employed to gather data from a sample size of 300 individuals. Data collection involved using a survey method based on an adapted questionnaire. The collected data underwent SPSS Regression analysis and correlation analysis. The research identified positive responses towards green supply chain management (GSCM) strategies within the context of the Pakistani automobile industry. Notably, operational performance demonstrated a favorable correlation with both GSCM and green innovation. Moreover, the study revealed that supply chain capabilities exerted a positive influence on both GSCM and green innovation, underscoring their substantial interrelationships. Consequently, the research contributes meaningful insights into the intricate dynamics of GSCM, green innovation, operational performance, and supply chain capabilities within the specified industry.
Barrier to Youth Entrepreneurship in Pakistan and their Effects on Entrepreneurial Activity
The study has been conducted with an aim to explore the influence of psychological, cultural,
and institutional barriers on the entrepreneurial intentions of Pakistani youth, particularly
university students. A causal relationship has been established between psychological, cultural,
and institutional factors and general academic/ professional training programs being taught in
universities. The study is based on the Theory of Planned Behaviour (TPB). This study has
conducted an in-depth analysis of entrepreneurial barriers being faced by Pakistani youth and
their extent of influence in affecting entrepreneurial activity in Pakistan.
University students from all faculties were selected as the target population and a structured
questionnaire was distributed in all universities of Pakistan. Data were obtained via surveys
and investigated using structural equation models (SEM) to determine the causal links between
various components. This study is quantitative and explanatory in character.
The results show that entrepreneurial intentions are influenced by psychological, cultural, and
institutional aspects. University entrepreneurial education plays a vital role in developing
entrepreneurial intentions and initiating subsequent entrepreneurial action. The findings of this
study highlight a number of significant complications that merit further consideration, not just
within the scientific and academic communities, but also among political and government
institutions, as well.
This study has value at both scholarly and practice levels. At the scholarly level, the study
investigated important contemporary issues related to entrepreneurial intentions and
entrepreneurial activity. At the practical level, the findings of this study would aid in the
establishment of effective and efficient entrepreneurial policies and entrepreneurial curricula.
Financial Digitalization and Banking Performance: A Comparative study of Public and Private Banks in Pakistan
The integration of information technologies has given rise to the concept of the digital economy, characterized by the utilization of cutting-edge innovations. This digital transformation is pervasive across every economic sector, with the banking sector being a prominent player. In contemporary times, banking stands as one of the most crucial sectors actively incorporating and leveraging the latest advancements in information and communication technologies. Despite the growing significance of digitalization, there is a notable lack of comprehensive understanding regarding the factors influencing the performance of digital banks. The study aims to address this gap by exploring the determinants of financial digitalization and the performance of banks, shedding light on the intricacies of their operational success in the digital era.
The study endeavors to assess the impact of financial digitization on the performance of the Pakistani banking sector. Utilizing a ten-year dataset spanning from 2013 to 2022, encompassing ten banks, the study employs panel data regression with a cross-section effects model. The analysis tool employed is E-views. The findings of this study reveal a positive correlation between the application of banking digitalization, in the form of adopting digital technology within banks, and the overall performance of banks. The measured performance indicators include Return on Assets (ROA), Return on Equity (ROE), and Net Profit Margin (NPM). These results underscore the positive influence of digital technology on enhancing the financial performance of Pakistani banks. Serving as factual information, this study provides a foundational basis for decision-making regarding the implementation of digital technology in both the Private and Public sectors of banks.
Electronic Human Resource Management and Organizational Resilience in Pakistan
ABSTRACT
Despite the growing adoption of Electronic Human Resource Management (e-HRM) to
enhance the strategic capabilities of the HR function, research indicates that many
organizations have not yet reaped the benefits of achieving this transformational role in
operations and strategic contributions—a role that e-HRM promises to deliver. At the same
time, studies have not succeeded in providing a consistent understanding of how this can be
achieved. To address this issue, the study examined the contribution of e-HRM to
organizational resilience through correlation and causal analysis.
This research is built upon a synthesis of diffusion of innovations theory, Remenyi's
and Zuboff's information technology frameworks, and resource-based view theory. These
theories served as the foundation for the creation of correlational and causal models and
hypotheses. In a single case study, hypotheses were explored using self-administered
questionnaires, in order: 1) to examine the impact of antecedent factors, such as relative
advantage, compatibility, complexity, trialability, and visibility, on the adoption of e-HRM
practices; 2) to examine whether adoption of e-HRM practices influences operational e-HRM
outcomes, relational e-HRM outcomes, and transformational e-HRM outcomes; 3) to
establish if the influence of adopting e-HRM practices on transformational e-HRM outcomes
is channelled through simple mediation by operational e-HRM outcomes and relational
e-HRM outcomes; 4) to determine whether adoption of e-HRM practices and the resulting
transformational e-HRM outcomes influence organizational resilience; and 5) to determine
whether influence of adopting e-HRM practices on organizational resilience is mediated by
operational e-HRM outcomes, relational e-HRM outcomes and transformational e-HRM
outcomes.
Data was collected from 573 HR managers and executives working in various private
and public-sector organizations in Pakistan. The main aim was to investigate their
perceptions towards the adoption of e-HRM practices, the outcomes derived from such
practices, and the level of organizational resilience exhibited. To analyze the quantitative
data, SPSS 21 was used for descriptive statistics, inferential statistics, and regression analysis.
SmartPLS 4.1 was used to examine the relationships between latent variables using structural
equation modeling (SEM).
The main novelty of this study lies in the discovery that operational e-HRM outcomes
and relational e-HRM outcomes play a partial mediating role in the impact of adoption of
e-HRM practices on transformational e-HRM outcomes and that operational, relational, and
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transformational e-HRM outcomes act as sequential mediators in the influence of e-HRM
practices on organizational resilience. The serial mediation pathways through operational and
transformational e-HRM outcomes accounted for 11.72%, 15.26%, and 6.68%, respectively,
of the total effect on organizational resilience. Similarly, the serial mediation pathways
through relational and transformational e-HRM outcomes accounted for 5.50%, 20.28%, and
4.41%, respectively, of the total effect on organizational resilience.
The outcomes of this research contribute to the existing knowledge base on the extent
of e-HRM adoption in three distinct ways: 1) by investigating the relationship between
e-HRM practices, their antecedents, and outcomes; 2) by providing organizations with
valuable insights on how to select and adjust their e-HRM practices to fine-tune their e-HRM
practices to achieve optimal levels of proximal and distal outcomes, such as HRM valueadded activities, strategic orientation and involvement, sustained competitive advantage, and
organizational resilience; and 3) by explaining the role of simple and serial mediators linking
e-HRM practices and organizational resilience. Finally, implications and recommendations
are put forward for managers and researchers.
Keywords: e-HRM, e-HRM practices, operational e-HRM outcomes, relational e-HRM
outcomes, transformational e-HRM outcomes, organizational resilience.
Learning and development factors affecting career success using artificial intelligence: The Evidence from law enforcement agencies
ABSTRACT
The improvement of employees’ professional competence through learning and development (L & D) is the most important goal of any organization. For this purpose, organizations need to pay special attention to developing the skills of their young professionals (YPs) to replace aging workforce. Young professionals should learn and grow at work in a way that it must influence their careers progression. However, not much is known about the way it occurs. Like all other hierarchical larger organizations, law enforcement agencies (LEAs) also have to stay current on career-oriented L&D processes. Hence, the subject is more critical and growing field of study for the Law Enforcement that needs to be explored. To fill this research gap, learning and development-related issues of YPs of LEAs have been focused in this empirical study. The theoretical framework has been studied in two different contexts i.e. the Police and the Civil Armed Forces (CAFs). The extent to which L&D factors like career guidance and dialogues, team-based learning, and mental modal development practices, affect the career success of YPs in LEAs based at Islamabad, Punjab, Sind, Khyber Pakhtukhwa (KPK), and Baluchistan regions has been investigated. The two-stage sampling approach i.e. stratified sampling followed by systematic random sampling method was employed to collect the data. Only 750 of the 1000 professionals responded correctly. Various tests were performed using SPSS, including regression tests to observe the direct effect of L&D factors as well as indirect effect, using attitude to continuous learning as mediator on CS of YPs. The findings revealed that identified L&D factors have a significant positive effect on career success when mediated by attitude to continuous learning. Artificial Neural Network (ANN) technique was applied on the same data to predict outcome of L&D factors on career success and the result was favorable. According to the study, LEAs can develop their YPs effectively by choosing a correct and practical L&D approach instead of following traditional methods. Such measures will not only help the professionals individually but will also strengthen the organizations as a whole. Since LEAs have a vital role in maintaining law and order, highly essential for the stability and economic strength of the countries like Pakistan therefore, the subject needs to be explored further in future studies.
Keywords: Learning and Development, Career Success, Law Enforcement, Artificial Intelligence.
Financing alternatives and GRI Sustainability: The Moderating Role of stagflation cycles, financial constraints and governance mechanisms
ABSTRACT
The study focused on identifying macroeconomic and microeconomic dimensions of corporate
sustainable performance. The primary objective was to examine the effect of comprehensive
financing alternatives on both financial performance and sustainable performance of nonfinancial
firms of SCO member states: Pakistan, China, India, and Iran. The study also evaluated the
moderating influence of stagflation cycles, financial constraints, and corporate governance
mechanisms on the interconnection between financing alternatives and a firm’s financial and
sustainable performance. The comprehensive financing alternatives include internal, debt, equity,
shadow banking, and supply chain financing. Sustainable performance is measured through GRI
201-1, economic performance approach. The sustainable growth rate is incorporated for robustness
purposes.
The study applied mixed panel regression models, the Lagrange Multiplier test and the
Hausman model specification test to analyze the data sampled 1166 non-finance industrial firms
listed on the corresponding Stock Exchanges of SCO member states for 14 years (2007-2020). The
empirical findings proved the significant influence of financing alternatives on corporate financial
and sustainable performance. Additionally, the study proved the significant moderating influence
of stagflation cycles, financial constraints, and corporate governance mechanism index on the
association between financing alternatives and corporate financial and sustainable performance,
controlled by firm size, asset tangibility, and total asset turnover. The study fostered the economic
goals of SCO states by utilizing the optimal capital structure and right governance mechanisms
that minimize the impact of stagflation cycles and financial constraints, and resultantly influence
financial performance and sustainable performance. The empirical relationships are supported
through capital structure theories: pecking-order theory, trade-off theory, agency theory, and
market timing effect. This study supported corporations, financial regulators, financial managers,
stakeholders, investors, and financial advisors in capital generation decisions based on alternative
financing sources and their contribution to achieving corporate sustainability among different
industrial firms in SCO countries.
Keywords: Capital structure; Corporate governance; Developing countries; GRI Sustainability
Financing alternatives and GRI Sustainability: The Moderating Role of stagflation cycles, financial constraints and governance mechanisms
ABSTRACT
The study focused on identifying macroeconomic and microeconomic dimensions of corporate
sustainable performance. The primary objective was to examine the effect of comprehensive
financing alternatives on both financial performance and sustainable performance of nonfinancial
firms of SCO member states: Pakistan, China, India, and Iran. The study also evaluated the
moderating influence of stagflation cycles, financial constraints, and corporate governance
mechanisms on the interconnection between financing alternatives and a firm’s financial and
sustainable performance. The comprehensive financing alternatives include internal, debt, equity,
shadow banking, and supply chain financing. Sustainable performance is measured through GRI
201-1, economic performance approach. The sustainable growth rate is incorporated for robustness
purposes.
The study applied mixed panel regression models, the Lagrange Multiplier test and the
Hausman model specification test to analyze the data sampled 1166 non-finance industrial firms
listed on the corresponding Stock Exchanges of SCO member states for 14 years (2007-2020). The
empirical findings proved the significant influence of financing alternatives on corporate financial
and sustainable performance. Additionally, the study proved the significant moderating influence
of stagflation cycles, financial constraints, and corporate governance mechanism index on the
association between financing alternatives and corporate financial and sustainable performance,
controlled by firm size, asset tangibility, and total asset turnover. The study fostered the economic
goals of SCO states by utilizing the optimal capital structure and right governance mechanisms
that minimize the impact of stagflation cycles and financial constraints, and resultantly influence
financial performance and sustainable performance. The empirical relationships are supported
through capital structure theories: pecking-order theory, trade-off theory, agency theory, and
market timing effect. This study supported corporations, financial regulators, financial managers,
stakeholders, investors, and financial advisors in capital generation decisions based on alternative
financing sources and their contribution to achieving corporate sustainability among different
industrial firms in SCO countries.
Keywords: Capital structure; Corporate governance; Developing countries; GRI Sustainability