Department wise Listing | NUML Online Research Repository
List of Content
Back to Listing
Title Abstract Action(s)
Impact of Job Burnout and Supervisor Support on Job Satisfaction Job satisfaction practices adopted by engineering based organizations cast strong impact upon employee burnout ratio. Such practices address many factors related to maintain committed supervisor support and thus, lower employee job burnout. This study examined the relationship between job burnout, job satisfaction and supervisor support in engineering based organization. The intent of the study was to show and prove relationship between the job burnout, job satisfaction and perceived supervisor support. Data was collected from a sample of five engineering based companies. The proposed model was tested by using the regression analysis with SPSS 16.0. Results of this study show significant implications both for acdemciation and practioners. Organizations adopt many strategies for developing job satisfaction for many reasons. It helps to create the value in mind of employees. Job burnout intentions literature advocates employees consider the job satisfaction is much more important than other facilities. However these factors that influences have been under emphasized in literature. Current study fill this gap to find the impact of job burnout and supervisor support on job satisfaction in single study. Data has been analyzed by using the regression analysis. Its assumption has also been employed on this study and found them as satisfactory outcomes. The results of this study are contrary to the theoretical model extracted from literature used in this study.
Impact of Capital Structure and Working Capital Management on the Financial Performance of Selected Non-Financial Firms in Pakistan Capital structure is the proportions of debt instruments, preferred stock and common stock on company's balance sheet. Business entities choose different combinations of equity, debts and other options for the purpose of financing their assets. Some businesses choose more financing from the equity and less from debts, while others rely more on debts and less on equity financing depending upon nature of their business, industry and risk. Firms mostly go for that combination of debt and equity that optimizes their cost of capital and risk. Perfect combination of capital structure and working capital enhance the profitability and financial performance of the firms. This study is conducted to examine the impact of capital structure and working capital management on the financial performance of selected non-financial firms in Pakistan. For this purpose 78 non-financial firms listed on Karachi Stock Exchange (KSE) have been selected for the period of seven years from 2005 to 2011. The data is obtained from the financial statements analysis published by the statistics department of State Bank of Pakistan. For the purpose of analysis, descriptive, correlation and panel data analysis are used in this research. Twelve panel data (regression) models have been used to investigate the impact of capital structure and working capital management on financial performance of the firms. In these models three proxies are used as independent variables to measure the capital structure i.e. total liabilities to total assets, long-term liabilities to total assets and short-term liabilities to total assets. Three proxies are used as independent variables to measure the management of working capital i.e. receivable conversion ratio, inventory conversion ratio and current ratio while the natural logarithm of sales is used as control variable to measure the size of the firms. In these panel data (regression) models return on total assets, net profitability, return on shareholders' equity and earnings per share are used as dependent variables to quantify the financial performance of the firms listed on Karachi Stock Exchange. The results of the analysis showed that debts lead to decrease the financial performance of the firms while all the measures of working capital management have positive impact on firms' performance. The results also revealed that good combination of capital structure and working capital has significant impact on financial performance of non-financial firms listed on KSE. So these firms have to give due consideration to the financing options and management of working capital to increase their financial performance.
Effect of Newly –Fangled Organizational Structures with Knowledge Management as Moderator on Employee Performance. Organizational structure plays an important role in knowledge management as well as on performance. This study tried to find the effect of organizational structure on employee performance and knowledge management as moderating effect on the relationship. The research data was obtained by survey method from five major sectors, i.e. banking sector, educational sector, Textile exporters, IT sector and Research in Pakistan. The questionnaire based survey was taken from 3 Banks, 3 academic institutions, 3 IT sector organizations, 3 public sector universities and 3 research institutes. The sample was based on 90 employees of banks, 90 employees from government based educational organizations, 90 from textile sector , 90 employees from software houses and 90 from research institutions in February 2013. Total sample size was 450, out of which 352 employees responded correctly. The main data analysis methodology in this study was hierarchical regression. The research model includes knowledge management capability, job performance, and organizational structure with an interactive term OSKM. With the result of the study, knowledge management capability was positive with job performance, and organizational structure was positive with the relationship of knowledge management capability and Employee performance.
Predictors of Organizational Learning Examining the Moderating Role of Leadership Style. Organisational Learning is a very important field of study which rose into prominence in recent years and has been extensively dealt with by management scientists, scholars and academicians. It is a continuous process of learning which facilitates a learning culture among organisations and, ultimately, transforms these into 'learning organisations'. Various factors play significant role in this process. The present study aims at examining the influence of job engagement and team processes on organisational learning with the moderating role of leadership style. Methodology: Data were collected from 450 employees of the selected banks and branches of Southern Punjab through a self-administered questionnaire using convenient sampling technique. The data thus gathered were analysed employing multiple regression analysis. The study found that the key variables influencing organisational learning that is job engagement, team processes and two interaction terms that is JE X LS and TP X LS impacted the dependent variable OL positively and significantly.
Impact of Service Quality of Islamic Banks on Customer Satisfaction. This study explores the impact of service quality on the satisfaction of customers of the Islamic banks operating in Lahore Pakistan means whether the customers of Islamic banks are satisfied by the facilities provided by the banks. Tangibility, reliability, responsiveness, assurance, empathy and shari'ah compliance are the dimensions of service quality and taken as independent variables while customer satisfaction is taken as dependant variable. For the purpose of study, feedback of 100 customers of 5 Islamic banks operating in Lahore Pakistan regarding service quality and satisfaction level is collected. Banks and customers are selected on the basis of convenient sampling. A structured self-administrated questionnaire in English was distributed to customers of the Islamic banks. Personal contact approach was also applied to explain the questions. SPSS 16.0 version was used to draw analysis. Results show that tangibility, reliability, responsiveness, assurance, empathy and shari'ah compliance have positive relationship with customer satisfaction. The value of R square shows that 86.6% variation in customers' satisfaction is explained by tangibility, reliability, responsiveness, assurance, empathy and shari'ah compliance. Responsiveness, empathy and shari'ah compliance significantly affect the customer satisfaction while tangibility, reliability and assurance insignificantly affect the customer satisfaction. So, the bank managers should focus on these three dimensions of the service quality if they want to enhance the customer satisfaction.
Impact of Learning Organization Practices on Organizational Commitment and Effectiveness in Commercial Banks of Faisalabad Learning Organization is an umbrella term that covers system thinking, shared vision. Knowledge creation, knowledge transfer, innovation in behaviours, nurturing new ideas and sensitivity to change in an organization. The key success factors for an organization are learning and implementing what is learned. However, these phenomena must be linked with organizational commitment and effectiveness that contributes to achieve business success. Three instruments are used in this study. To measure learning organization practices Degree of Learning Organization Questionnaire (DLOQ) developed by Marsick & Watkin (2003) was used. DLOQ is comprised of the seven dimensions. To measure organizational commitment Organizational Commitment Questionnaire (OCQ) developed by Mowday, Steers, and Porter (1979) was used. This instrument has three aspects of commitment. To measure organizational effectiveness SOQ (Survey of Organization Questionnaire) developed by Taylor & Bower in 1972 was used. This instrument has three aspects of effectiveness. Convenient sampling technique was applied. A sample of 200 employees was taken from commercial banks in Faisalabad. Survey questionnaire method was used to obtain the response. Five points likert scale was used in questionnaire. Mean differences of demographic variables were measured by using t-test and ANOVA. Structural Equation Modeling was used to determine the impact of learning organization practices on organizational commitment and effectiveness in commercial banks of Faisalabad. The results of study showed significant positive impact of learning organization practices on organizational commitment and effectiveness. The banks in Faisalabad should opt for learning organization practices in order to enhance the commitment and effectiveness of employees in order to achieve the organizational goals.
The Relationship Among Free Case Flows, Agency costs and Firm Performance: A Case of Pakistani Listed Firms This research work is completed to check the relationship among free cash flows, agency costs and firm performance. Firstly, free cash flows are used as independent variable along with two control variables to check the impact on agency costs. Secondly, free cash flows and agency costs used as independent variables along with two control variables to check the impact on firm performance in Karachi stock exchange textile listed firms during the period of 2004 to 2013. Free cash flows are calculated directly but agency costs is measured by using five proxy variables. It is concluded that free cash flows have a significant impact on two proxy variables of agency costs net operating income volatility and net income volatility and contrary effects on other three variables. On one hand, free cash flows could incur agency costs due to perquisite consumption and shirking behavior; on the other hand, generation of free cash flows resulting from internal efficiency could lead to better firm performance. This research finds evidence to support the agency theory, meaning that agency costs first three proxy variables have a significant impact on return on assets and firm value which concluded firm performance. In contrast, free cash flows also have positive impact on return on assets and stock returns while contrary effect on firm value. This research work provides a better understanding of the relationship among free cash flows, agency costs and firm performance.
Impact of Behavioral Elements on Investment Decisions of Financial Managers An empirical Investigation From Financial Sector of Pakistan The most crucial stage in the life of financial managers is to take investment decisions. So it is important to understand all the factors necessary for making investment decisions. With the advent of behavioral finance it becomes compulsory to study behaviors of investors and the financial managers. Behavior has great impact on investment decisions. The behavioral elements like risk averse attitude, corporate governance effect, use of financial measurement tools and the heuristics need to study. The aim of the study is to find the influence of these behavioral elements on investment decisions of financial managers. The financial sector of Pakistan was our population and the target was financial institutions like investment firms, insurance companies, banks and individual investors. A sample of 200 financial managers was taken. For the data analysis purpose, first of all descriptive statistics was used to calculate the basic characteristics of the data in summarized form. The reliability was checked through Cronbach's Alpha test. The relationship of the variables was assessed by Pearson correlation method. The results were significant and the variables were highly correlated. The significance results clearly defined the significant changes in dependent variable. The null hypothesis is rejected. So this study concluded that there is strong and positive impact of behavioral elements. In spite of various sophisticated financial measuring tools these behavioral elements have great importance for financial decision making. The study is helpful for investor especially taking financial decision and managing portfolios of financial assets.
An Empirical Study of Determinants of Knowledge Sharing Intentions in Telecom Companies of Faisalabad Organizations have become knowledge based rather than material based and knowledge is considered as one of the most important organizational asset to gain competitive advantage. With the increasing importance of knowledge, it reinforces the need of knowledge management. Knowledge sharing is considered as the main component of knowledge management. This study is aimed to empirically examine some determinants that can impact on knowledge sharing intentions of employees in telecom companies of Faisalabad to evaluate which determinant effects most on intentions to share knowledge. In this study five determinants anticipated extrinsic rewards, anticipated reciprocal relationship, sense of self-worth, organization based self-esteem and organizational climate were used to check their impact on knowledge sharing intentions of employees. Impact of these determinants was checked on intentions of employees to share explicit and implicit knowledge. This study is quantitative in its nature and data collection was made by using convenient sampling technique. Regression analysis was used to analyze the data to get results. Anticipated extrinsic rewards, sense of self-worth, and organization based self-esteem showed negative impact on intentions to share explicit knowledge. While anticipated reciprocal relationships and organizational climate were found to be positively affecting the intentions to share explicit knowledge in telecom companies of Faisalabad.
Impact of Overconfidence and Loss Aversion Biases on Equity investors Decision Making Process and Performance The purpose of this study was to investigating the behavioral factors that having an impact of individual equity investors' investment decision making process together with investment performance at Pakistan's Stock Markets. Moreover, the relationship of these behavioral variables with investment decision making process and performance are also monitored. As in Pakistan, there are limited work is done in the area of behavioral finance, this study is considered to add significantly to the advancement of this field in Pakistan. The study starts with the previous theories in behavioral finance. So, on the basis of those theories researcher develop hypotheses. After that, these hypotheses are tested in the course of the questionnaires which are distributed to individual equity investor's at Pakistan's Stock Exchanges. Then the collected data are analyzed by using Statistical software. The Tests used were, Exploratory Factor Analysis (EFA), Descriptive Statistics (DS), Cronbach's Alpha, Pearson Correlation Coefficient and also Multiple Linear Regression (MLR) alongwith Soble Test. The result shows that these are two mainly behavioral factors: Heuristic Theory (Overconfidence Bias) and Prospect Theory (Loss Aversion Bias), affecting the investment decisions making process and performance of individual equity investors. Most of the sub-variables of both behavioral biases contain high impact on the performance of equity investor. And these behavioral biases along with or without mediating variable (partial mediation exist through Sobel test) also contain positive impact on investment performance of individual equity investor at Pakistan's Stock Markets. The findings of this study is not only helpful to the individual equity investors, authors, security companies, but also for the field of behavioral finance. Because, here the only two behavioral biases (Overconfidence and Loss aversion) impact is deeply observed and draw the conclusions.
Antecedents of Consumers Green Purchase Behavior: An Empirical Analysis From a Developing Country The study aims to examine the consumers' green purchase behavior in Pakistan. The influence of psychological, economic and social factors on green purchase behavior has been empirically corroborated. A conceptual model has been proposed and subjected to empirical verification with the use of a survey. Survey is conducted in Faisalabad, an industrial city of Pakistan. Primary data is collected through the questionnaires from the consumers. Convenience sampling technique has been used and data has been analyzed by using SPSS.22 and AMOS.22. The findings from path analysis confirm the influence of organizations' green image and perceived product price & quality on green purchase attitude of the consumers. Their attitudes toward green purchases, in turn, are also seen to affect their green purchase behavior via the mediator of green purchase intention. To confirm the mediating role of green purchase intention between green purchase attitude and green purchase behavior, Sobel test and Baron and Kenny is also used. The study reveals that organizations' green Image and perceived product price & quality have significant effect on green purchase attitudes of the consumers. Tests confirm the mediator role of green purchase intention. The findings provide a better understanding of the process and significant antecedents of green purchasing and green marketing. The study also discusses how the present findings may help the Pakistani government and marketers to fine-tune their environmental programs.
Impact of Corporate Governance and Earning Management Practices on the Firm Value, A Case Study From Pakistani Listed Textile Firms Corporate governance and earning management play a vital role in explaining the firm value of Pakistani listed companies. The present study empirically tests the impact of corporate governance and earning management practices on firm value for a panel of Pakistani listed textile firms. We investigate the association of corporate governance and earning management with firm value. A sample of 50 textile listed companies from Karachi stock exchange has been examined to check the relationship. The corporate governance practice has been measured by dividing corporate governance variable into six subcategories: (1) Board size (2) CEO Duality (3) Audit committee independence (4) Board Meeting (5) Executive director (6) Number of independent director. We used discretionary accruals as proxy to calculate the earning management practices and discretionary accruals are measured by using modified cross sectional Jones model. Pooled regression model, random effect model, fixed effect model and unit root test has been used to analyze the data. The result shows that board size, independent director, board meeting, executive director and leverage has positive impact on firm value. Audit committee independence, CEO duality, discretionary accruals and firm size has negative relationship with firm value. The result further shows that board size, audit committee independence, independent director, size and leverage has significant relationship with firm value and board meetings, CEO duality, executive directors and discretionary accruals has insignificant relationship with firm value. Our results are different as reported in US due to large deviation in inter organization corporate governance practices. Furthermore our results will help specially those countries where investor protection is low and where code of corporate governance are not properly applicable. Policy makers can follow our results to formulating the policies and improve their corporate governance structure. Our finding also provides a quantitative tool for investor to entrance the Pakistani firms
Towards Improvement in Return on Investment (ROI) by Implementing Enterprise Resource Planning (ERP) Solution in Finance Departments The ERP solutions contribute in making financial performance of companies in a long term period. The demands of such systems are mostly raised by manufacturing companies in our country. The top management support, implementation team support and end user training & support during implementation of ERP systems directly and indirectly effect returns of investments of the companies. Initially success of ERP solutions is dependent upon these three factors. The management, team and users focus on profitability of the company. In this study the accounts & finance departments of production companies of Faisalabad are selected where ERP systems have been implemented. The sample size constitute on three hundred respondents that are selected from accounts & finance offices of companies. The gross profits, net profits, equity capital, and all other expenditures & revenues are managed in database of ERP finance module. Our results show that ERP finance module positively associated with ROI of company. The top management support, ERP implementation team support and user support & training positively contribute in success of ERP systems and positively affect ROI of company. Firstly the top management is more conscious to increase the profitability of company by focusing on suitable ERP packages. For this purpose performance and support of ERP implementation teams is required but these teams concentrate less on ROI of the companies. The ERP system users efficiently control financial data on databases if sufficient training provide to them. The end users highly concentrate on profitability of the companies.
The Impact of Behavioral Focused Strategies of Self-Leadership on Organizational Commitment with Mediating Role of Psychological Empowerment In this study, the mediating role of psychological empowerment between self-leadership behavioral focused strategies and organizational commitment was examined in telecom sector of Faisalabad city. Moreover, the relationship between self-leadership behavioral focused strategies and organizational commitment was also analyzed. Literature showed a direct and positive relationship between self-leadership behavioral focused strategies and organizational commitment. The mediating role of psychological empowerment between both constructs was also found significant in past studies. Behavioral self-leadership strategies were investigated along with three dimensions of organizational commitment. To collect data for analysis, convenient sampling technique were used. Unit of analysis were full time employees in telecom organizations. The results of the study depicted a strong correlation between behavioral self-leadership strategies and organizational commitment. But the mediating role of psychological empowerment was not found significant. This study presented that behavioral self-leadership strategies have positive and direct relationship with organizational commitment. The employees who were more engaged with behavioral self-leadership strategies were found more committed with their organizations. But impact of psychological empowerment as mediator was not found strong. This study may assist employees to better understand how behavioral strategies of self-leadership increase their level of commitment with organization and what is role of psychological empowerment between these two constructs.