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Indexed Journal

1 Human Resource Development, Public Administration and the Need for Reforms: A Case of Pakistan's Public Sector , Zekeriya Nas; Wali Rahman; Haji Rahman
Keeping in view the complexity of work environment in the changing organizational environment caused by advancement in technology on the one hand and the diverse needs of the a rapidly growing population on the other hand, the role of training and development becomes more stark in terms of quality and quantity both. Training and development as an HR activity enables organization members to capture knowledge and skills required for their effective performance. It also helps them to adapt to changing circumstance and to shoulder new responsibilities. Needless to say, this recognition of training by the government and management experts in the country, the approach toward this concept in the public sector service appears to be of mere waste and ruse. This paper is supposed to look into the concept of manpower training and development in the quality of service in the public sector of Pakistan so as to have some in-depth understanding of the problems being faced. The study will be recommending some recommendations as to how improvement could be affected.
2 The Choice of Governing Mechanism: An Organization Economics Perspective , Zia Ullah; Muhammad Zeb Khan
Organization economics, with its two main strands of transaction cost economics and agency theory, primarily deals with the question of how organizations emerge and survive. It focuses on the analysis of competition within hierarchies (organizations) rather than markets and addresses questions such as why organizations exist, how they are managed, why some perform better than others, and why they tend to cooperate. This study attempts to juxtapose other relevant perspectives and organization theories to bear on the same questions. The purpose is to understand where and how organization economics and other perspectives converge and diverge. The study depends on the work of famous scholars contributing to various perspectives for drawing conclusions.
3 Comovement between Pakistani Equity Market and BRICS Countries: An Investigation through Cointegration Analysis , Zahirullah; Adeel Rahim
This study is conducted to check the co-movement between the equity markets of BRICS countries that is Brazil, Russia, India and China with Pakistan. These countries are selected because they are world emerging markets. Co-movement is checked through co-integration analysis. Ten years monthly stock indices are taken for analysis that is from July 2006 to June 2016. No cointegration is found between Pakistani equity market and the BRICS countries. So, this favours the international portfolio investors. Furthermore, Brazilian market is found to be the most attractive market for the portfolio investors in order to maximize their wealth by minimizing their risk levels. The future research can be extended by using high frequency data in order to check the comovement and cointegration.
4 An Analysis of Students Academic Performance: A Case Study of Sarhad University, Peshawar, Pakistan  , Rabia Shah; Waheed-ur-Rehman; Gohar Abbas; 
The researcher has tried to investigate the factors affecting academic performance of graduate students in this article. In the study academic performance (student’s grades/marks) is taken as a dependent variable and the gender, age, Attendance, schooling, Household Income, residential area, medium of schooling; daily study hours and accommodation as independent variables. 100 students were selected though simple random sampling for data collection and the data was collected through structured questionnaire from the different departments of Sarhad University of Peshawar. For analysis, linear regression analysis, correlation analysis, and descriptive analysis are used. It was extracted from the findings that attendance, Household income and daily study hours significantly contribute to the academic performance of graduate students.
5 Impact of Socializaiton on Organizaitonal Commitment of Employee: A Case Study of Private Degree Colleges in Nowshera, KPK   , Saqib Shehzad; Shahzad Khan; Fayyaz Ali Shah
Implementations of HR practices carry a significant weightage towards organization’s success. The study was focused to find out the impact of socialization process on organizational commitment of employees working in private degree colleges. 200 hundred questionnaires were distributed among the teaching staff of degree colleges using convenient sampling technique. 126 properly filled questionnaires forming a response rate of 63% were analyzed to get meaningful results. The results of the study showed that socialization process was found to have significant impact on organizational commitment of employees.
6 The Impact of Entrepreneurial Orientation on Organizaitonal Performance: A Case Study of Pakisani SMES , Jawad Hussain; Abid Khan; Fayaz Ali Shah
Entrepreneurial orientation has been the area of interest by many researchers in the field of entrepreneurship and management. However, empirical evidences reveal that most of these studies have been conducted in developed countries and have reported mixed results. Analyses on the subject in developing countries are lacking. This study investigates the role of entrepreneurial orientation on firm performance. This study used survey data from a random sample of 213 small and medium sized enterprises (SMEs) located in Sialkot region, Province of Punjab Pakistan. The findings support the hypothesis that entrepreneurial orientation associates with firm performance. This study contributes to the body of knowledge by taking EO as five dimensional construct (innovativeness, risk taking, proactiveness, competitive aggressiveness, autonomy) rather three dimensional construct. and organizational performance comprising of non financial indicators such as customer satisfaction, employees satisfaction, service quality, innovation and growth. The study offers suggestions to policy makers and future directions.
7 Microfinance Mission of Poverty Alleviation: Empirical Evidence from South Asia , Wajid Khan; Sun Shaorong
This article provides new insight to depth of outreach (a measure of mission drift) in the South Asian microfinance markets. For the purpose data of 62 rated MFIs for the period of seven years from (2007-2014) were analyzed. Data were collected from four South Asian countries, Pakistan, India, Bangladesh and Nepal. The objectives of the study was to investigate does microfinance helps in poverty alleviation or MFIs drifting from their original mission of serving the poor to making profits?. We have used fixed effect method to measures mission drift. The results reveal that the MFIs are align with their original mission of poverty alleviation but the negative relationship of women empowerment show that south Asia women’s were least served by MFIs in the subject area.
8 The Impact of Advertisement on Mutual Funds Awareness: A Case Study of Arif Habib Investment Limited , Sarmad Jan Mian; Rabia Shah; Sana Tariq
The critical role of advertising is to generate awareness about organization offerings regardless of the industry in which it is operating. Advertising and its effectiveness on mutual funds products in terms of awareness is studied in this paper. Arif Habib Investment limited was taken as case to investigate the impact of advertising on its funds awareness. Employees were interviewed for this purpose. Due to the investigative nature of the research qualitative research technique is used by the researchers. The studied showed that advertisement has positive impact on the attentiveness of products offered by mutual funds among patrons. The significance of advertising in generating brand awareness in financial sector is revealed during the course of the study.
9 The Effect of Training and Development Practices on Employees’ Organizational Commitment among the Employees in Private Health Care Sector in Khyber Pakhtunkhwa, Pakistan , Fayaz Ali Shah; Jawad Hussain; Wali Rahman
This study examined the relationship between training and development practices, and organizational commitment for a sample of employees working in private healthcare sector in Khyber Pakhtunkhwa, Pakistan. The results showed that training and development practices were positively related to organizational commitment. To examine this relationship, a survey was conducted on 134 employees working in private healthcare sector in Khyber Pakhtunkhwa, Pakistan, selected randomly. Correlation and regression analysis techniques were used to analyze the relationship of training and development practices and organizational commitment. The results of the study showed that organizational commitment of private healthcare sector employees were dependent on the training and development practices.
10 Participative Management in Modern Organizations: A Critical Review , Muhammad Zeb Khan; Muhammad Iqbal
Participation as a social system is a complex and dynamic product of human action. Despite certain limitations, it has great poten-tial in addressing many debilitating issues confronting organizations. Regardless of whether it is intentionally and rationally created or whether it emerges as consequence of many and sometimes fortuitous factors, participation serves a variety of values and goals and takes on different structural and operational properties in various configurations resulting in a variety of desirable outcomes.  However, much depends on the prevalent culture in an organization. The study in question attempts to dig out theoretical underpinnings of participative management and its relevance for contemporary organizations by critically reviewing the existing literature.
11 Impediments to Working Women at Universities of Peshawar, KPK , Rabia Shah; Asim Shah; Lal Muhammad
In KPK, many universities have been established in public and private sector pertinent to last decade; which can directly affect the emergence of job opportunities equally provided to both genders. Universities normally are considered the platform for respect, dignity among the literate community members of the society. However, in our culture the men still dominate the female as they are not suppose to work despite their financial problems. People are bound to their religious cultural and social traits; illiteracy plays a vital role in this regard. In some families if the women break the barriers and come out to the market in order to join the economic activity, they face a lot of problems at their relevant work places. Therefore the researcher has tried to make detail investigation of the impediments of working Women at different universities of Peshawar.
12 Effect of Leverage on Stock Returns and Systematic Risk: Evidence from Paksitani Industries , Adeel Rahim; Zahirullah; Taimoor; Humair
This paper evaluates the effect of leverage on stock returns and systematic risk in the corporate sector of Pakistan. It determines the relationship between leverage and systematic risk. Data was collected from eight industries such as; Cotton, Engineering, Chemicals, Sugar and Allied, Cement, Fuel and Energy, and transport and Communications. High leverage was experienced which leaded to high level of systematic risk and volatility in the stock prices.
13 Impact of Training and Development on Employee’s Performance: A Case Study of Private Local Schools, District Nowshehra, KPK , Saqib Shahzad; Zunnoorain Khan; Muhammad Nauman Habib
Training and development has been the phenomena related to organizations in different programs and activities and its objective to improve the performance of individual employee. This research study was aimed to identify the impact of training and development on employee’s performance. The research methodology was based on primary data that was collected through self administered questionnaires from teaching staff in private local schools in district Nowshehra, KPK. 250 questionnaires were distributed among the teaching staff. 217 questionnaires were returned, whereas 8 improperly filled questionnaires were discarded and 209 properly filled questionnaires were included in the analysis of the study. From the results, it has been concluded that training and development was found to have significant impact on employees’ performance, hence hypothesis H1 was accepted.
14 The Relationship of Internal Audit Quality and Corporate Governance Measures of Multinational Corporations (MNCs) of Pakistan , Ajab Khan
The internal audit is a primitive element for good corporate governance. This need has been largely felt in the developing countries to enhance and promote the corporate governance mechanism. This research evaluates the implication of internal audit of Multinational Corporations (MNCs) of Pakistan on corporate governance’s quality. The outcomes of this research reveal significance of internal audit role in corporate governance of MNCs. The significance of audit committee and management in this aspect is predominant. Similarly the results also show the vitality of corporate governance in terms of quality is significant when there is independent audit department with requisite expertise of auditing. However, the reliability of internal audit is primarily determines the characteristics of management of corporate governance. Contrary to this, the implication of internal audit is insignificant on the external audit workers as well as the board of directors of MNCs in Pakistan.
15 Examining the Interceding Role of Leader-Member Exchange (LMX) in the Relationship between Trust and Employee Engagement , Haji Rahman; Hafiz Ghufran Ali Khan
The quantity of research work on employee engagement and leader-member exchange signifies the importance of these organizational aspects from both the employee and employer point of view. The results of these researches vary from culture to culture and organization to organization. The purpose of this paper is to understand the role of leader member exchange between trust and employee engagement. For this purpose a sample of 133 respondents has been selected and their perceptions have been sought through a questionnaire. The results somewhat weekly supported the existing leader-member exchange theory in the relationship between trust and employee engagement. These results have practical as well as academic implications. Future research may look into the detailed causes of these results.