The Impact of Leader-Member Mutual Tenure on Employee Level Outcomes - The Mediating Role of Leader-Member Exchange Quality

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Perceived Barriers to Youth entrepreneurship in Pakistan and Hungary

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What differentiates the enterpreneurs from non-entrepreneurs on nature and nurture?

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In the Eyes of the Beholder: Leaders’ Personality and Courageous Followership

Received 10 January 2022 . Accepted 30 August 2022. Published online 10 October 2022.The literature on leadership through the lens of followership does not provide empirical evidence of leaders’ personalities and their perception of subordinates’ courageous followership behaviors. This paper explores the connection between personality and courageous followership. The study sample is 190 school leaders working in the top private schools in Pakistan as regular employees. The responses collected through simple random sampling techniques and Stata 16 software are used for data analysis. Data analysis indicates that leaders having extraversion, agreeableness, consciousness, and openness to intellectual/imagination personality traits perceive their subordinates’ behaviors as courageous followers, whereas the neuroticism personality trait resulted in a negative perception of courageous followership behaviors among Pakistani school leaders. This paper is prominent research in a new direction of leadership through followership. This study recommends emphasizing the development of positive personality traits in leaders so that they can transform their subordinates into courageous followers which is an antidote to toxic leadership

Perceived Barriers to Youth entrepreneurship in Pakistan and Hungary

Entrepreneurship brings enormous benefits. It generates employment and helps in social and economic development. Ventures created through the youth entrepreneurship have enormous benefits. They generate employment, reduce poverty and unequitable distribution of wealth. These ventures do also help in social, economic and technological development. However, the youth faces several barriers to entrepreneurship. This study explores the personal & psychological, family related, institutional & regulatory, cultural & social, financial and market & knowledge barriers faced by the youth of Hungary and Pakistan. Qualitative research methodology was applied. Interviews at micro and meso levels were conducted from the young entrepreneurs and university professors of Pakistan and Hungary. Results indicate that Pakistan and Hungary have almost similar levels of Personal & Psychological barriers, however, the fear of failure is higher in Hungary than in Pakistan. Family related, cultural & social and market & knowledge barriers are higher in Pakistan for the youth entrepreneurship than Hungary. Institutional & regulatory and financial barriers are at medium levels in Pakistan. For Hungary, these are at low levels. The study has important implications for researchers, academicians, policy makers and for the young aspiring entrepreneurs

New venture creation – the influence of entrepreneurship education on students’ behavior (a literature – review based study)

Entrepreneurship brings economic growth and development through the process of venture creation. These new business enterprises have a very important and positive impact on employment generation, poverty alleviation, and socio-economic development. Entrepreneurship education influences the attitude and behavior of students to form intentions of self-employability. We have analyzed the literature to clearly understand the relationship between entrepreneurship education and intentionality and the underlying mechanisms through which entrepreneurship education impacts intentions to start new ventures. By utilizing the Theory of Planned Behavior (TPB) and Social Cognitive Theory (SCT), we propose that entrepreneurship education increases students’ perceived entrepreneurial self-efficacy and perceived desirability for starting new ventures. Entrepreneurial self-efficacy and desirability in turn impact and increase students’ entrepreneurial intentions for creating new ventures. Entrepreneurship Education Programs (EEPs) focusing “Education for entrepreneurship” have more influence on intentionality through self-efficacy and desirability. Comparatively, EEPs concentrating on “Education about entrepreneurship” will have less impacts on the intentionality. The study has important theoretical and practical implications for researchers, academicians, policy makers and potential entrepreneurs – the students. JEL. Code: A2, L

NEW VENTURE CREATION – THE INFLUENCE OF ENTREPRENEURSHIP EDUCATION ON STUDENTS’ BEHAVIOR (A LITERATURE – REVIEW BASED STUDY)

Entrepreneurship brings economic growth and development through the process of venture creation. These new business enterprises have a very important and positive impact on employment generation, poverty alleviation, and socio-economic development. Entrepreneurship education influences the attitude and behavior of students to form intentions of self-employability. We have analyzed the literature to clearly understand the relationship between entrepreneurship education and intentionality and the underlying mechanisms through which entrepreneurship education impacts intentions to start new ventures. By utilizing the Theory of Planned Behavior (TPB) and Social Cognitive Theory (SCT), we propose that entrepreneurship education increases students’ perceived entrepreneurial self-efficacy and perceived desirability for starting new ventures. Entrepreneurial self-efficacy and desirability in turn impact and increase students’ entrepreneurial intentions for creating new ventures. Entrepreneurship Education Programs (EEPs) focusing “Education for entrepreneurship” have more influence on intentionality through self-efficacy and desirability. Comparatively, EEPs concentrating on “Education about entrepreneurship” will have less impacts on the intentionality. The study has important theoretical and practical implications for researchers, academicians, policy makers and potential entrepreneurs – the students

A financial performance comparison of group and non-group firms in textile sector of Pakistan

Pakistan is a developing economy and business groups are key players of the Pakistan’s economy. Previous research evidence shows that in the emerging economies group affiliation creates value for the firms. This study is intended to empirically investigate to know that whether group affiliated (GA) firms perform financially better than non-group affiliated firms or not? GA firms in emerging economies can have better financial performance by sharing tangible and intangible resources at group level. The financial ratio is used to compare performance of affiliated and non-group affiliated firms by using the data of 70 textile firms listed at Karachi Stock Exchange(now Pakistan Stock Exchange) covering a period from 2008 to 2012. Based on mean values of return on assets (ROA), results of the study show that GA firms have higher financial performance than non-group affiliated firms in each year and over all five years