The Impact of Green Human Resource Management on Environment Performance: A Roadmap Towards Sustainable Development in Hotel Industry

The purpose of this study is to analyze the impact of Green Human Resource Management (GHRM) upon the hotel’s environmental performance (HEP) in view of  the global call for sustainability. The study was conducted by sampling the employees from different hotels of twin cities of Rawalpindi and Islamabad. SPSS and PLS were used for data analysis. The findings show that GHRM has a positive impact on HEP, but the direct relationship between employees’ organizational commitment (EOC) and HEP is negative, while EOC plays a negative role in the relationship between GHRM and HEP. The sequential mediation shows that the EOC and employees’ eco-friendly behavior (EEB) positively mediate the relationship between GHRM and HEP. This research shows that it would be helpful for the employees to understand the effects of green human resource strategies and practices for improvement in the hotel environment and thereby leading towards sustainable performance

How the Students’ Competitive and Collaborative Styles of Learning are Affected by Personality Traits at the University Level

Investigating how personality traits affect competitive and collaborative learning is the goal of the current study. When examining the influence of personality traits on learning styles, Big Five Theory was employed. Two hundred students were casually picked using the non-probability selection approach for this descriptive study design. After translation into the native language, a large-scale portfolio and the Grasha-Riechmann Scales of Student Learning Skills were utilized. Cronbach's alpha provided proficient estimation, pilot testing, and consistency, which all confirmed the instrument’s validity (α = 0.94). Five elements correlated with students' learning styles, including their personality traits. Students may benefit from a teaching approach that considers their unique characteristics and learning styles. Social training, academic achievement, and collaborative chances influenced personality traits and learning

Linking The Customer Knowledge Management with Software Quality: An Empirical Study of Software Development Organizations in Pakistan

The aim of research was to enhance the Customer Knowledge Management (CKM) which has high impact on the quality of software products. In Enterprise Software (ES) development the Customer knowledge management is still immature. This raises the question of how CKM enablers can be used to help ES development companies improve the quality of their software. In this study, human, organizational and technical CKM enablers Were recognized by literature. The results of the study showed that CKM enablers can help to improve the quality of software products in Pakistan. Framework for CKM can help software development organizations to improve software quality as well and will also reduce cost and gain market reputation with competent trained resources. Results showed that "customer involvement" with "trust" were the most influential factors, followed by "CRM technology infrastructure" and "cross-functional co-operation". Furthermore, "there was no impact from the organizational Training "," customer knowledge map ", and" CKM strategy development ". The results also showed that the impact of CKM on software quality is significant. The results of the study also highlighted all the potential factors that are beneficial in influencing the CKM for quality improvement of ES in Pakistan

Impact of Financial Risk on Financial Performance of Banks in Pakistan; the Mediating Role of Capital Adequacy Ratio

Financial risks, cover credit, liquidity and operational risks, are the risks which banks face during their operations and all these risks have severe impact on the profitability of banks. The Basel Committee for Banking Supervision (BCBS) introduces Capital Adequacy Ratio (CAR) to overcome uncertainties and possible losses (Risk) to the banks. In this context, the aim in this study is to identify impact of financial risk on financial performance of banks in Pakistan with mediating role of Capital Adequacy Ratio (CAR). The findings show that credit and liquidity risks have negative relationship with financial performance, whereas operational risk has a positive relationship with financial performance and capital adequacy ratio of banks in Pakistan. This study is useful in devising the rules and regulations by the regulators (Basel Committee and State Bank of Pakistan) for risk measurement and management by the banking sector.&nbsp

Feminine and Masculine Brand Personalities and Consumer-based Brand Equity: An Explanation through Dual Mediation Model

Currently, it is difficult for marketers to excel by virtuously focusing on traditional marketing approaches. Thus, marketing managers are relying more on the gender of the brand, as individuals are more attracted towards those brands which are consistent with their personalities. It has been proposed that brand personality is a crucial source of consumer-based brand equity, but empirical research on the relationship between perceptions of brand personality and brand equity is sparse. Considering the importance of brand gender, this study has analyzed the effect of brand gender on consumer-based brand equity through two mediators (i.e., consumer-brand engagement and emotional brand attachment) through an empirical investigation of 299 respondents. The model was shadowed under self-congruity theory. Structural equation modelling was utilised to test hypotheses. Results show that if managers position their brands based on gender and when there is a match between consumer gender and brand gender, it will engage the customers more and attract them, which helps build consumer-based brand equity

Assessment of Human Resource Management Model in Islamic Banking of Pakistan With Moderating Role of Islamic Principles

The objective of the study is to analyze the role of human resource practices on organizational performance with the moderating effect of Islamic principle application in the Islamic banks of Pakistan. Responses from 242 employees of Islamic banks located in Karachi, Pakistan, were collected using convenience sampling technique while PLS-SEM has been employed for data analysis using Smart PLS version 3.2.8. Results showed that employee involvement, performance appraisal system, and selection and recruitment have significant positive relationship with organizational performance; whereby, compensation, and training and development have no relationship with organizational performance. Furthermore, compensation. Training & development, selection and recruitment has improved whereas performance appraisal system has reduced its relationship with organizational performance due to the moderating effect of application of Islamic principles. Employee’s involvement may have reduced ,i.e., it showed insignificant impact on organizational performance due to the moderating effect of Islamic principles’ application. We suggest the managers of islamic banks to provide greater focus on the training and development side of the organization. This is so because, when a company provides relevant training to the employees, only then they would be able to perform their job in a proper way and as per the expectations of the management. Application of Islamic principles need to be coupled with providing monetary benefits as it motivates them to perform more actively and accurately.`

Does Internal Borrowing of Pakistani Government Affect Corporate Leverage?

For the past few years, the government of Pakistan has increased its domestic borrowing to a record level. This increased government borrowing could have reduced funds for investment by the non-financial corporate sector. In this study, we empirically investigate the influence of state domestic debt on corporate leverage in Pakistan. This study examines data of 07 non-financial sectors listed at PSX for a period of 2009-2018. The firm-level panel data was analyzed through the fixed-effect method. Results reveal that government domestic borrowings have a negative influence on corporate borrowings. Commercial banks in Pakistan have heavily invested in government debt securities which are the substitute for corporate debts due to the high rate of return and low risk of default. This study recommends that the government of Pakistan should strengthen the Fiscal Responsibility & Debt Limitation Act 2005 to safeguard against the adverse effects of govt. internal borrowing on the financing of the corporate sector. Further, the government should prepare effective fiscal and monetary policies to promote the growth of the corporate sector. &nbsp

What Drives Customer Loyalty in Islamic Banking? An Evidence from Pakistan

This study investigates the role of customer intimacy, commitment, and trust in increasing their loyalty and mediating role across trust and customer loyalty nexus. A total of 500 questionnaires were disseminated but 404 of these were included for analysis (approx. 81% response rate). The hypotheses were tested through the structural equation modeling technique using smart PLS. The results indicate that trust has a significant nexus with commitment, customer intimacy, and loyalty. Both commitment and customer intimacy have a significant nexus with customer loyalty. The mediation analysis reveals that commitment and customer intimacy act as important mediating variables in the nexus. The research outcome supports the notion that as the level of trust increases the level of intimacy, commitment, and loyalty would tend to increase as well. The results further reveal that customers are devoted towards persistent and continuing association with Islamic banks. Commitment, trust, and customer intimacy prove to be the foundation factors for building and strengthening customer loyalty. It emerges, that in terms of hierarchy, the customer trust needs to be evolved at the initial level consistently followed by customers' intimacy, commitment, and loyalty

Impact of Behavioral Biases on Investment Performance in Pakistan: The Moderating Role of Financial Literacy

This study aims at understanding the relationships of certain behavioral biases with the investment performance, and identifies the moderating role of financial literacy upon these hypothesized relationships. Data is collected through questionnaire from the investors trading at Pakistan Stock Exchange (PSX). Structured Equation Modeling (SEM) is used to analyze the data with the results that only anchoring and overconfidence biases have significant effects on investment performance. The results also show that presence of financial literacy does not play any role in improving the performance of investors. Majorly, findings of current study contribute by testing the moderating role of financial literacy between the behavioral biases and the outcome of investment decisions and thus expected to be useful for investors and policy makers. &nbsp

A Comparative Study on the Behavior of Islamic and Conventional Stocks in the Presence of Oil Price, Gold Price, and Financial Risk Factors: Evidence from Dow Jones Indices

The research aims to analyze the influence of the gold price, oil price and financial risk on Islamic and conventional securities on comparative as well as on individual bases. Monthly prices of oil and gold are extracted from the websites of West Texas Intermediate and World Gold Council, whereas time series data for financial risk is derived from the Volatility Index of S&P 500.  All these variables are found to be cointegrated at the first difference with both the Dow Jones indices, which means that gold, oil and financial risk have long term association with Islamic and conventional stocks. In order to find the direction and magnitude, this study applied the Newey-West HAC test, which also handles autocorrelation and heteroscedasticity issues in the time series data. The findings of the study suggest that gold prices are positively associated whereas oil prices and financial risk are negatively associated with both types of securities. Though the direction of the nexus is similar for Islamic and conventional stocks, but the magnitude differs especially in case of oil and financial risk. Nevertheless, it can be concluded that there is no diversification prospect between conventional and Islamic stocks under the influence of oil prices, financial risk, and gold prices