Mila Purani Sistiyan, Palikhatun Palikhatun, Payamta Payamta
{"title":"The Effect of Budgetary Participation, Organizational Commitment, and Leadership Styles on the Employees’ Performance","authors":"Mila Purani Sistiyan, Palikhatun Palikhatun, Payamta Payamta","doi":"10.33215/SJOM.V2I1.97","DOIUrl":"https://doi.org/10.33215/SJOM.V2I1.97","url":null,"abstract":"Aim -This study aimed at gaining the empirical evidence vis-a-vis the effect of budgetary participation, organizational commitment, and leadership styles on the employees’ performance. \u0000Design -This study made use of the primary data garnered from questionnaires distributed to the employees who were directly engaged in the preparation of budget within the work units in working area of the state treasury service office (in Indonesian language known by Kantor Pelayanan Perbendaharaan Negara and abbreviated as KPPN) of Surakarta. The work units covered several regions such as Surakarta, Sukoharjo, and Wonogiri. This study incorporated 80 work units under both ministry and institution. Of 165 questionnaires which were distributed, 116 pieces were returned and could further be analyzed. The independent variables in this study fell into budgetary participation, organizational commitment, and leadership styles, whereas the dependent variable was the employees’ performance. \u0000Findings -The results indicated the following details: 1) budgetary participation had a positive effect on the employees ‘performance; 2) organizational commitment had a positive effect on the employees’ performance; 3a) the authoritarian leadership style had no effect on the employees’ performance; 3b) the democratic leadership style had a positive effect on the employees’ performance; and 3c) the laissez-faire leadership style had no effect on the employees’ performance.","PeriodicalId":215982,"journal":{"name":"SEISENSE Journal of Management","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-01-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129281537","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Factors Affecting life Satisfaction of Employees under Financial Threat","authors":"R. Danish, Rabia Shahid, Hafiz Fawad Ali","doi":"10.33215/SJOM.V2I1.82","DOIUrl":"https://doi.org/10.33215/SJOM.V2I1.82","url":null,"abstract":"Purpose- Life satisfaction is a level in which feelings of people are affected positively or negatively about their lives. Employees whose lives are more satisfied are generally more committed with their works, reveal low absenteeism and more efficient in doing duties. This study aims to investigate what factors affect life satisfaction of employees in the banking sector specifically in the Pakistani context. \u0000Design/Methodology- The target population of this study was non-managerial employees of banks in Lahore. Total 340 questionnaires were distributed among employees in which 60 were filled incomplete and 30 were lost. The data were collected through self-administered questionnaires distributed to 250 respondents. \u0000Findings- The findings of structural equation modeling showed that economic hardship, prospective anxiety, and work stress has a negative impact on life satisfaction. Results also show that economic hardship and prospective anxiety has a positive impact on the financial threat. The financial threat is negatively related to life satisfaction. \u0000Practical Implications- It can also help managers to understand the insight of employee adverse financial decision making. Managers also make guidelines which may minimize all the consequences of psychological distress. It also helps in identifying methods to reduce anxiety, stress and economic hardship.","PeriodicalId":215982,"journal":{"name":"SEISENSE Journal of Management","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127657914","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"What Determines Bond Market Development? New Theoretical Insights","authors":"Ameenullah Aman, A. Naim, M. Isa","doi":"10.33215/SJOM.V2I1.94","DOIUrl":"https://doi.org/10.33215/SJOM.V2I1.94","url":null,"abstract":"Purpose- To diversify financing portfolio and reduce the reliance on the banking system, developing economies have realized the importance of bond market development. Bond markets facilitate economies to be more resilient towards the events of financial crises. Therefore, the share of the bond market in the financial system of the Asian economies has remarkably increased in the last decade. However, the academic literature on the bond market is very limited as compared to bank and equity markets. This was mainly because of the unavailability of vast data due to the absence of secondary markets for bonds in most of the economies. To fill this gap, this conceptual study postulates the theoretical relationships of bond market with various macroeconomic and financial factors. The study also assumes some new dimensions for bond financing and opens discussion for scholarly literature and empirical justifications. \u0000Design/Methodology- Content analysis approach is used to review relevant literature for the possible associations of the bond market with macroeconomic and financial factors. \u0000Practical Implications- The theoretical relationships discussed in the paper need empirical testing in future research to conclude policy implications. If the relationship between foreign capital and bond securities is established with empirical justification, we draw the policy that concerned authorities need to create a suitable environment for the attraction of foreign capital to provide support to the development of domestic debt market.","PeriodicalId":215982,"journal":{"name":"SEISENSE Journal of Management","volume":"19 18","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120823563","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Impact of Strategic Planning on Growth of Small Businesses in Nigeria.","authors":"Babandi Ibrahim Gumel","doi":"10.33215/SJOM.V2I1.85","DOIUrl":"https://doi.org/10.33215/SJOM.V2I1.85","url":null,"abstract":"Purpose- There is a need to develop a framework that will improve the understandings of business planning and performance and its effects on growth particularly during the stages of small business development. The study attempted to fill in the gap stated. \u0000Design - The single case qualitative study relates small business growth with strategic planning where financial performance, market share, sales, and profits or instead return on investment is used to measure the growth. Existing literature fails to establish a concrete relationship between strategic planning and growth of small businesses which indicates a gap in the literature that will help understand the steps of managing the organizational transition of small business growth. \u0000Findings - The study fails to establish a significant relationship between formal planning and transitional growth, but instead found the influence of the planning process in communication the owner’s goals, vision, mission, and intentions to both internal and external stakeholders of small businesses. The study influence of the shared vision with customers on making them loyal and advertisers through word of mouth. The study revealed how customers’ word of mouth increased the customer base of small businesses thereby increasing the product demand and eventual expansion of capacity leading to the growth of small businesses. The growth of small businesses will result in an increased reduction in the unemployment rate which will reduce the poverty rate in the Nigerian economy. \u0000Practical Implications- Answering the primary and supporting questions will help small business owners to understand how strategic planning is essential in the transitional growth of their businesses.","PeriodicalId":215982,"journal":{"name":"SEISENSE Journal of Management","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-01-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130895925","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Y. Nasidi, A. U. Makera, A. M. Kamaruddeen, I. M. Jemaku
{"title":"Assessing the Impact of Work Environment on Employee Engagement among Non-Academic Staff of the University","authors":"Y. Nasidi, A. U. Makera, A. M. Kamaruddeen, I. M. Jemaku","doi":"10.33215/SJOM.V2I1.84","DOIUrl":"https://doi.org/10.33215/SJOM.V2I1.84","url":null,"abstract":"Aim of the Study - The objective of this study was to access the impact of work environment on employee engagement among the non-academic staffs of the university in Nigeria. Social exchange theory (SET) was utilized in developing the research framework. \u0000Methodology - A total of 150 non-academics staff from l University, representing a response rate of 63.3% participated in this study. Data were collected through a self-administered questionnaire. The correlation and the hypothesis were tested using the statistical package for social sciences (SPSS 2.0). The Cronbach’s Alpha value for the variables ranging from 0.724 to 0.804 indicates very good reliability of the research instrument. \u0000Findings - The findings indicate a moderate relationship between the work environment and employee engagement, and the hypothesis is not supported. \u0000Practical Implications - The study will provide direction to both the management and the university staff for them to proactively focus on providing a healthy and comfortable working environment that will boost engagement, which lead towards enhancing the performance of university staff, and also the university administrators in various ways.","PeriodicalId":215982,"journal":{"name":"SEISENSE Journal of Management","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-01-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115896150","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Malek Khalaf Albezuirat, R. Ahmad, M. Hussain, Falah Mustafa Al-Saraireh, Asia Khalaf Albzeirat
{"title":"Employment of Set Operations to Improve LMP Assessments Design and Implementation","authors":"Malek Khalaf Albezuirat, R. Ahmad, M. Hussain, Falah Mustafa Al-Saraireh, Asia Khalaf Albzeirat","doi":"10.33215/SJOM.V2I1.56","DOIUrl":"https://doi.org/10.33215/SJOM.V2I1.56","url":null,"abstract":"Objective - This paper aims to provide a new mathematical model for the construction of assessment tools for Lean Manufacturing Practices (LMP) through the integration process with the set operations. This study also strives to develop key elements to enhance the effectiveness of LMP assessments and their impact through mathematical interrelationship. \u0000Problem - Previous studies have shown a lack of clear mathematical methodology to carry out a rigorous assessment of the LMP effects on the firm’s operational and financial performance. Therefore, this paper tries to address this aspect by developing new equations. \u0000Design - The methodology of this study is based on the conversion of the linguistic description (companies, processes, waste, practices) into numerical measurement model by integrating with set theory. \u0000Finding - The results show a set of relationships and equations that can be applied to be a fundamental basis for ensuring the effectiveness of the assessment. This paper may contribute to the improvement of LMP’s design and development.","PeriodicalId":215982,"journal":{"name":"SEISENSE Journal of Management","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116225878","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Impact of Talent Management Practices on Employee Performance","authors":"M. Bibi","doi":"10.33215/SJOM.V2I1.83","DOIUrl":"https://doi.org/10.33215/SJOM.V2I1.83","url":null,"abstract":"Purpose- The purpose of this study was to determine the effect of talent management practices on employee performance among employees working in healthcare organizations of Pakistan. \u0000Design/Methodology- This study employed a cross-sectional design and quantitative approach. To select the sample from the population convenience sampling was utilized. The sample of the study was comprised of 364 employees working in healthcare organizations to determine the performance of employee because of talent management practices. Questionnaire was used for collection of data. \u0000Findings- The outcomes of the study revealed a significantly positive effect of talent management practices i.e. recruitment and selection for talent attraction, coaching and mentoring for learning and development of talent, compensation for retention of talent on employee performance. \u0000Practical Implications- The results of study might help human resource management department of health care organizations through executing practices to manage talented employees can help them to motivate employee to perform effectually to meet the organizational objectives. Health care organizations should develop strategies and practices to manage the talent to be able to embrace changes through attracting, developing and retaining the talented employees to tackle the current and future needs of organization.","PeriodicalId":215982,"journal":{"name":"SEISENSE Journal of Management","volume":"73 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114696969","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Dr. Ishfaq Ahmad, Dr. Rizwan Qaisar Danish, Syed Adnan Ali, Hafiz Fawad Ali, Dr. Asad Afzal Humayon
{"title":"Comparative Study of Banking Industry Based on Appraisal System, Rewards and Employee Performance","authors":"Dr. Ishfaq Ahmad, Dr. Rizwan Qaisar Danish, Syed Adnan Ali, Hafiz Fawad Ali, Dr. Asad Afzal Humayon","doi":"10.33215/SJOM.V2I1.64","DOIUrl":"https://doi.org/10.33215/SJOM.V2I1.64","url":null,"abstract":"Purpose- This study was aimed to throw light on the appraisal and reward system, and its effects on job satisfaction and employee performance in the banking sector of Pakistan. \u0000Design/Methodology- The research was based on primary data collected from the two major cities of Pakistan, Lahore and Kasur. A total of 250 structured questionnaires were rotated to Islamic and conventional banks in different parts of both cities. Out of these 222 questionnaires were returned and were in usable form. The data so collected was analyzed with the help of the Statistical Package for Social Sciences (SPSS). statistical techniques such as regression analysis, correlation analysis, descriptive analysis and t-test were used. \u0000Findings- The results of the study revealed that appraisal was negatively correlated while the reward system was positively correlated to employee performance. \u0000Practical implications- This research will help banks in reviewing their policies to make optimum use of their employees to meet certain goals of the bank. This research reveals that the appraisal system of the bank is affecting negatively on employees performance. This study will help in developing criteria which will help managers to appraise the employees in an effective way.","PeriodicalId":215982,"journal":{"name":"SEISENSE Journal of Management","volume":"134 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128300411","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Bitcoin and its Legality from Shariah Point of View","authors":"Y. Abubakar, Ahmad Faosiy Ogunbado, M. Saidi","doi":"10.33215/SJOM.V1I4.32","DOIUrl":"https://doi.org/10.33215/SJOM.V1I4.32","url":null,"abstract":"Bitcoin is a type of cryptocurrency and the most successful in blockchain management. It has become famous in recent years. The critical aspects of cryptocurrency are its legitimacy, source of money laundering, tax evasion, lack of regulation etc. The aim of this study is to explore the view of Muslim scholars on the legality of bitcoin with respect to Shariah. The study adopts doctrinal approach which utilizes descriptive approach of qualitative research methodology which relies on secondary data in form of text books, journals, newspapers, related websites etc. The study found that Muslim scholars are divided on the issue. A part of them completely rejected bitcoin and considered it against Shariah principles. On the other hand, some Muslim scholars believe bitcoin does not contradict Islamic principles and therefore may be used, however with certain conditions. The researchers tend to support the proponents’ view as most of the opponents’ grounds for the rejection are temporary in nature which may be covered through policy regulations. ","PeriodicalId":215982,"journal":{"name":"SEISENSE Journal of Management","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123349346","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Transformational Leadership and Organizational Performance","authors":"Sadia Arif, Aman Akram","doi":"10.33215/SJOM.V1I3.28","DOIUrl":"https://doi.org/10.33215/SJOM.V1I3.28","url":null,"abstract":"The study is an investigation of transformational leadership impact on organizational performance; the mediating role of organizational innovation. The study revealed that organizational innovation has mediated significant impact on organizational performance. The research found that transformational leadership and organizational performance has strong relationship. Therefore, it will help the managers to create such leadership style in the organizations. Pakistani organizations need an environment where leaders motivate and encourage the employees who are wishing to become more creative and effective in leading the successful organizations.","PeriodicalId":215982,"journal":{"name":"SEISENSE Journal of Management","volume":"110 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-07-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114497568","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}