Waqas Ali, Rehman Javaid, Shujahat Ali, Yasir Akram, A. Haq
{"title":"Influence of Life Events on the Financial Satisfaction of Individuals","authors":"Waqas Ali, Rehman Javaid, Shujahat Ali, Yasir Akram, A. Haq","doi":"10.46745/ilma.jbs.2019.15.01.10","DOIUrl":"https://doi.org/10.46745/ilma.jbs.2019.15.01.10","url":null,"abstract":"This study aims to determine the effect of financial knowledge and financial socialization on the financial satisfaction of the individuals when unexpected life events happen and to examine the mediating role of the financial stressor and financial behavior between them. The data collected from 243 respondents who had experienced any unexpected hospitality in the state of Azad Jammu and Kashmir. Grab sampling method utilized for data collection. Confirmatory factor analysis (CFA) and Structural Equation Modeling (SEM) utilized for data analysis. Results of study reveal that: 1) financial knowledge and financial socialization have positive influence on financial satisfaction; 2) financial knowledge has positive effect on financial satisfaction with the mediating role of the financial stressor and financial behavior when an unexpected life event happens; and 3) financial socialization has positive effect on financial satisfaction with the mediating role of the financial stressor and financial behavior when an unexpected life event happened. This study provides clear insight toward the financial satisfaction of the individuals while confronting the unexpected life events. Practitioners and financial planners use this article for increasing the financial satisfaction of their customers. There is a plethora of researches conducted in different perspective except life events of individuals. This study utilized confirmatory factor analysis, which is necessary when research carried out from a different perspective.","PeriodicalId":407267,"journal":{"name":"IBT Journal of Business Studies","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125151655","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":"Effect of Organizational Culture on the Knowledge Management Practices in Private Sector Universities of Pakistan: Mediating Role of Trust","authors":"S. Alam","doi":"10.46745/ilma.jbs.2019.15.01.16","DOIUrl":"https://doi.org/10.46745/ilma.jbs.2019.15.01.16","url":null,"abstract":"The research intended to study the effect of organizational culture on knowledge management practices in private universities of Pakistan and to identify the role of trust in mediating the association among organizational culture and knowledge management. The study is an explanatory study and followed quantitative design. A closed-ended questionnaire was used as research instrument using 5-points Likert scale. Organizational Culture was measured using Organizational Culture Assessment Instrument (OCAI) and knowledge management was measured by means of the Knowledge Management Assessment Instrument (KMAI) built on the theoretical model of the Competing Value Framework (CVF). From this study of organizational culture towards knowledge management, all outcomes show that supportive culture has significant impact on knowledge management in organizations. In this regard employees trust has also found significant in mediating the association among organizational culture and knowledge management. Organizations should create the atmosphere of trust and learning which facilitates the knowledge management process. University management should pay attention towards employee management relationships and technology aggradations in literature they are found as few forms of trust employee pay attention to.","PeriodicalId":407267,"journal":{"name":"IBT Journal of Business Studies","volume":"362 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115945379","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}
A. Hameed, Dr.Muhammad Ayub Khan Maher, D. Ali, M. Khan
{"title":"Trend of dividends disappearing and reappearing in Pakistani listed firms","authors":"A. Hameed, Dr.Muhammad Ayub Khan Maher, D. Ali, M. Khan","doi":"10.46745/ilma.jbs.2019.15.01.09","DOIUrl":"https://doi.org/10.46745/ilma.jbs.2019.15.01.09","url":null,"abstract":"The objective of this study was to explore the main factors of dividend policy determinants. For this purpose, a sample of 150 listed firms in PSX taken into account for the period of 2008-2018. A secondary data taken from SBP publication, Stock exchange collected for this study and variables used size, debt ratio, profitability, size, investment, Firm’s Maturity, Market Capitalization, Return on Equity (ROE), Growth in Sales and leverage was utilized using Panel regression techniques. Data of dividend shows most of the period dividend amount and dividend firms increased during the period of research 2008-18. The trend also shows that dividend pattern increase as base year data to end period study during both democratic governments. Study findings also show that three different aspects of the dividend payment propensity during 2008-2018. Results show that payment of dividend is declined mostly in the small and newly firms because they have less income generated from profit, younger firms, and firms as compared with highly investment pattern of firm, high debts, higher risk in their business and high tax rates on dividend. The Study also finds a significant and positive association with propensity to pay dividend of catering theory and support the catering theory.","PeriodicalId":407267,"journal":{"name":"IBT Journal of Business Studies","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126106597","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}
Asif Hussain Samo, Tooba Yousif, Ufaq Gul, Faris Mahar
{"title":"Bent and Fight, Survive and Succeed; Exploring the Relationship Among Conflict, Ethics, Resilience and Commitment","authors":"Asif Hussain Samo, Tooba Yousif, Ufaq Gul, Faris Mahar","doi":"10.46745/ilma.jbs.2019.15.01.04","DOIUrl":"https://doi.org/10.46745/ilma.jbs.2019.15.01.04","url":null,"abstract":"The study aimed at examining the effect of conflict management and ethical leadership on employee resilience and organizational commitment of the employees in the organizational setting of Pakistan. With quantitative approach, survey method was used. Data was collected on adopted instruments from 326 employees of private organizations through questionnaire. Partial Least Squares structural equation modelling was used to diagnose the data and test hypothesis on Smart-PLS. Bootstrapping was also performed for data analysis. The results show that there is positive effect of conflict management on employee resilience and organizational commitment. It was revealed that when leaders adopt ethical leadership style, employee tend to be more resilient in their work and their commitment towards that organization enhances. Organization should bread better conflict management policies and cultivate ethical leadership to mitigate the turn-over, retain their best talent and augment their resilient abilities to face hardships in this ever-changing world.","PeriodicalId":407267,"journal":{"name":"IBT Journal of Business Studies","volume":"118 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131264588","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 Influencing Career Choices","authors":"N. Sharif, Nawaz Ahmad, Samiullah Sarwar","doi":"10.46745/ilma.jbs.2019.15.01.03","DOIUrl":"https://doi.org/10.46745/ilma.jbs.2019.15.01.03","url":null,"abstract":"Almost every individual is to face the challenge of the occupational choice problem at one or another time. However, students are particularly to encounter such problem while the selection of study programmes. It is widely believed, particularly by students, that selection of study programmes is the major factor, which leads the students to struggle for their desired future career. This study attempted to explore the roles of mothers, fathers, tutors, future income, future status, and societal difference by labelling all of such factors as “Influencers” on the career choice of young students. From this perspective, cross-sectional data based on primary data collection was gathered from different university students based in Karachi via a developed questionnaire and through nonprobabilistic convenience sampling. The gathered data was, subsequently, analyzed through one sample t-test and one way repeated Measure ANOVA by employing SPSS statistical package. The result of the study highlighted the relative importance of various career choice influences & that averages of variables of influence are statistically different F (4.215, 699.727)= 27.405, p","PeriodicalId":407267,"journal":{"name":"IBT Journal of Business Studies","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-08-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117326496","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 Influence of Adtrust (Trust In Advertising) on Current and Future Purchases of Consumers: A Study of Hair Products in Pakistan","authors":"Aisha Yusuf Mesiya","doi":"10.46745/ILMA.JBS.2020.16.01.03","DOIUrl":"https://doi.org/10.46745/ILMA.JBS.2020.16.01.03","url":null,"abstract":"With a vast range of choices available for products from low to high involvement, one of the factors to initiate a purchase is the product’s advertising technique, which can even go wasted if the potential consumers of the product lack trust in the information conveyed through its advertisement. This paper attempts to investigate the impact of consumer trust in advertising on purchase behavior of hair products (shampoos) in Pakistan, and aims to look at their relationship through the moderators of gender and age. The target population for the study is consumers of various shampoo brands available for use and being advertised in Pakistan. The sample comprises of 200 respondents belonging to different demographic categories from Karachi, where all the various forms of advertisement media are in function at large. Data was gathered through a structured questionnaire filled by the respondents, bearing 23 items related to the independent variable of Trust in Advertising and the dependent variable of Consumer Purchase Behavior (current and future purchase). After the analysis of data, the results showed that trust in advertising and purchase behavior have significant relationship with each other, but only the sub-variable of Affect bears significant impact on purchase behavior. With a vast range of product choices available from low to high involvement, product brands and advertising companies should take into account the trust factor at large, otherwise potential consumers of the product might become disloyal if they lack trust in the information conveyed through its advertisement","PeriodicalId":407267,"journal":{"name":"IBT Journal of Business Studies","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117090863","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 Customer Retention in the Restaurant Industry: Moderating Role of Restaurant Location","authors":"Ammar Ahmed","doi":"10.46745/ilma.jbs.2019.15.02.07","DOIUrl":"https://doi.org/10.46745/ilma.jbs.2019.15.02.07","url":null,"abstract":"This study investigated the main effects of service quality and price fairness on customer retention. The study also investigated the moderating role of restaurant location in service quality, price fairness-customer retention relationships. Data collected from 182 customers visiting selected restaurants located in Multan city of Pakistan. The collected data relates to the chosen variables i.e. service quality, price fairness, restaurant location, and customer retention. The significant positive results of linear regression analysis revealed that service quality, price fairness and restaurant location predicted the customer retention. The results of step-wise multiple regression analysis revealed that restaurant location positively moderated the relationship of service quality and customer retention. It also revealed that restaurant location positively moderated the relationship of price fairness and customer retention. This study may have practical implications for human resource managers regarding recruitment decisions. It may have importance for restaurant managers or owners regarding quality of service and pricing plans which are true reflection of the services provided. Similarly, they may give due consideration to the location factor while launching a food service business. On the basis of the findings of the study, conclusions have been made and recommendations and directions for further research have been offered.","PeriodicalId":407267,"journal":{"name":"IBT Journal of Business Studies","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132936889","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 that Influence Consumers’ Future Purchase Intention","authors":"B. Shah","doi":"10.46745/ilma.jbs.2021.17.01.01","DOIUrl":"https://doi.org/10.46745/ilma.jbs.2021.17.01.01","url":null,"abstract":"The main aim of this study is to examine the key factors that influence future purchase intention and shape the consumers’ attitude towards brand social media pages. Data were collected through a questionnaire survey from Lahore city, Pakistan. A total number of 380 responses were collected from which 274 were analyzed by using structural equation modeling. The outcomes of the study shows that brand credibility, brand familiarity, and attitude towards brand social media page are the key factors of future purchase intention. Moreover, the study found a negative significant association of brand familiarity and e-wom with future purchase intention for the female group. The study further found that involvement is positively significantly associated with consumers' attitudes towards social media. So far; no study examines the factors of future purchase intention based on gender. This study contributes to explaining the inconsistent results between e-WOM and future purchase intention. Implication concerning offers for managerial brand marketers, firms, and research practices and directions for future research presented.","PeriodicalId":407267,"journal":{"name":"IBT Journal of Business Studies","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131044056","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":"Contribution towards Understanding of Corporate Governance: Thematic Analysis of Review Papers on Corporate Governance","authors":"Z. Khan","doi":"10.46745/ilma.jbs.2019.15.02.11","DOIUrl":"https://doi.org/10.46745/ilma.jbs.2019.15.02.11","url":null,"abstract":"The purpose of the study was to assemble knowledge, to understand the nuances of corporate governance as it is widely dispersed having multiple dimensions, to organize and categorize review papers on corporate governance under specific subjects, fields, areas of research. Thematic classification of review papers provided insight and spectra about corporate governance. The research study was confined to review of review papers on Corporate Governance downloaded through Google Scholar and focuses only on abstracts of these reviews and determines the intensity of respective research published/ undertaken on specific category and subcategories during the period 1988 to 2017. Document analysis was used to gather information on the (Valiente & González, n.d.) themes, providing break-up into individual sub-categories and identifying an array of research topics. The themes were formulated from six hundred and sixty-five (665) review papers, classified into nineteen (19) categories, 177 sub-categories comprising 476 review papers. On the basis of classifications significance of Corporate Governance has been observed for firm performance (5th category 71 papers); legislative & regulatory requirement (7th category 64 papers); executive governance (2nd category 59 papers) these three categories have contributed maximum number of review papers. The above three categories have mostly published review papers on the Impact of Corporate Governance Variables on Firm Performance: Country-wise comparison (19 papers), Corporate Governance Effects on/ Relationship with Firm/Corporate Performance (15 papers) and Review of Corporate Governance Reforms Country wise (16 papers). The research study (1) highlights existing research undertaken (2) identifies avenues for future research beneficial for the research scholars & academics to explore potential research areas in context to Pakistan. It will also enhance the acumen, awareness of practitioners and policymakers regarding the vitality of corporate governance for quality decision-making.","PeriodicalId":407267,"journal":{"name":"IBT Journal of Business Studies","volume":"60 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132676708","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}
Muhammad Ahmed Soofi Desai, Mohammad Fazal Qureshi, Shaista Fazal
{"title":"Impact of Packaging on Consumer Buying Behavior: A Study made on Millennial of Karachi","authors":"Muhammad Ahmed Soofi Desai, Mohammad Fazal Qureshi, Shaista Fazal","doi":"10.46745/ilma.jbs.2019.15.02.08","DOIUrl":"https://doi.org/10.46745/ilma.jbs.2019.15.02.08","url":null,"abstract":"The aim of this research is to identify the relation of product packaging on consumer’s buying behavior of millennial of Karachi. The objective of this research is to add information in the existing research work which is done in packaging and how it influences the purchase behavior and then decision of the millennial of Karachi. The purpose of the research is to study those factors that can be use by the companies for driving the success of packaging style. This study will also explore the relations between different variables of packaging with consumer behavior. The dependent variable here in the study is consumer buying behavior while about five independent variables also used. This research is the brief overview of some important factors that can influence the purchase decision. The data used in the research is primary that will be collected from the millennial of Karachi through questionnaires (instruments) and then analyzed on SPSS software. The sample size is 311 which are aged between 15 and 40. After analyzing the data, the observations indicate that how much packaging is one of the most important factors for product that can influence the buying behavior especially of millennial. The changing trend and consumer’s life style pattern is increasing the influence in packaging. The color, material of packaging, wrapper design and innovation also played an important role in consumer’s purchase decision. Nowadays, the packaging color and design is also used as a medium of communicating the message to consumer. In last, the implication of the study with some future recommendations and research limitation with future gap has also been provided for exploring the new concept in the topic.","PeriodicalId":407267,"journal":{"name":"IBT Journal of Business Studies","volume":"86 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127061032","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}