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Analysing Crimes And Economic Misery In Pakistan: Ardl Bound Testing Approach 分析巴基斯坦的犯罪和经济困境:Ardl约束测试方法
Pub Date : 2022-08-04 DOI: 10.33897/fujbe.v7i2.678
S. Zaman, Atta Ullah Khan
The present study explains economic discomfort, financial shocks, and rapid urbanization increase crime in a country. Furthermore, this research work highlights the extent to which economic misery and an increase in urbanization create countless socioeconomic problems in society. The study used annual time series secondary data for the period 1990 to 2021 collected from different sources. Researchers have found very limited evidence of economic misery and crime in the existing literature on Pakistan. Thus, carrying out research work on the subject was the need of the day. The foremost objective of the research work was to examine crime rates in the presence of economic misery, as denoted by Hanke's Annual Misery Index (HAMI) and urbanization in Pakistan. The stationarity of the data has been checked by correlogram and Ljung-Box (LB) statistics. The study used an Autoregressive Distributed Lags approach to investigate how economic misery and urbanization affect criminal activity in Pakistan. The crime model produced substantial results, and the outcomes are consistent with the expectations. The findings revealed that the HAMI and urbanization coefficients are significant with a positive sign, implying that economic hardship and an increase in urban population have exacerbated Pakistan's crime rate. To control crimes, the government might have to adopt new strategies that may decrease economic misery, i.e., keep inflation at a desirable level, reduce unemployment, improve economic growth, and discourage urbanization.
目前的研究解释了经济不适、金融冲击和快速城市化会增加一个国家的犯罪率。此外,这项研究工作强调了经济痛苦和城市化的增加在社会上造成无数社会经济问题的程度。该研究使用了从不同来源收集的1990年至2021年期间的年度时间序列二手数据。研究人员在现有的关于巴基斯坦的文献中发现了非常有限的经济痛苦和犯罪的证据。因此,开展这方面的研究工作是当前的需要。研究工作的首要目标是检查经济痛苦的犯罪率,如汉克的年度痛苦指数(HAMI)和巴基斯坦的城市化所示。通过相关图和Ljung-Box (LB)统计检验了数据的平稳性。该研究使用了自回归分布式滞后方法来调查巴基斯坦的经济困境和城市化如何影响犯罪活动。犯罪模型产生了实质性的结果,结果与预期一致。研究结果显示,HAMI和城市化系数显著且为正信号,这意味着经济困难和城市人口的增加加剧了巴基斯坦的犯罪率。为了控制犯罪,政府可能不得不采取可能减少经济痛苦的新策略,即将通货膨胀保持在一个理想的水平,降低失业率,促进经济增长,并阻止城市化。
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引用次数: 0
Qualitative Study of Individuals' Behavioral Biases toward Buying Decision of Financial Products: Evidence from Pakistani Stock Market 个人金融产品购买决策行为偏差的定性研究:来自巴基斯坦股市的证据
Pub Date : 2022-08-04 DOI: 10.33897/fujbe.v7i2.683
Zeeshan Hamid, Khansa Zaman, Hassan Raza
Due to increased complexity of financial instruments, the role of investors' bias in investment decision making has enhanced. To study this role, the present study aims identify the causes of behavioral biases which affect investment decision making. The main parameters of the study are home bias, disposition effect, herding bias, conformation bias and anchoring bias. The research design is exploratory in nature which will help to investigate the causes of behavioral biases that affect the investment decision making of individuals. The qualitative design was employed to get insights by conducting sixteen in-depth semi-structured interviews from individual investors. First and second order codes assigned to data mainly came from literature review. Researchers found that home bias, disposition effect, herding effect was quite evident in Pakistani Investor. However, anchoring bias has been found in half of the participants and confirmation bias not evident in Pakistani investors. The study has various implications for investors and academicians which will help to expand the scope of the future studies and generalizability by addressing the limitation of the current study.
由于金融工具的复杂性增加,投资者偏见在投资决策中的作用增强。为了研究这一作用,本研究旨在找出影响投资决策的行为偏差的原因。研究的主要参数有家乡偏差、倾向效应、从众偏差、服从偏差和锚定偏差。研究设计是探索性的,这将有助于研究影响个人投资决策的行为偏差的原因。采用定性设计,通过对个人投资者进行16次深度半结构化访谈来获得见解。数据的一、二阶编码主要来源于文献综述。研究发现,在巴基斯坦投资者群体中,家乡偏见、倾向效应、羊群效应等因素均较为明显。然而,锚定偏差在一半的参与者中被发现,确认偏差在巴基斯坦投资者中不明显。该研究对投资者和学者具有多方面的启示,通过解决当前研究的局限性,有助于扩大未来研究的范围和概括性。
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引用次数: 0
Workplace deviance & Predictors of Workplace deviance: A Systematic Review of Literature 工作偏差与工作偏差的预测因素:文献系统回顾
Pub Date : 2022-08-04 DOI: 10.33897/fujbe.v7i2.676
Muhammad Raees Ashraf, Syed Raza Ullah Shah, Sadaf Shahzadi, A. Ashraf
This study examines recent conceptual advances in workplace deviance constructs through a systematic literature review (SLR). This study also focuses on particular types of deviant behavior at work which have been studied more frequently since last seven years and whether they include interpersonal or organizational forms of workplace deviance. The study also investigated mediating and moderating variables of workplace deviance. An SLR included Scopus and Web of Science database articles published between 2015 and 2022. This evidence suggests that interpersonal forms of deviant work behavior, rather than organizational forms, have received more attention in recent studies. In terms of antecedents, the findings indicate that personality factors remain prevalent. The study has both theoretical and practical limitations.
本研究通过系统的文献回顾(SLR)来研究工作场所偏差建构的最新概念进展。本研究还侧重于特定类型的工作偏差行为,这些行为在过去七年中得到了更频繁的研究,以及它们是否包括人际或组织形式的工作场所偏差。本研究还探讨了工作偏差的中介和调节变量。单反包括2015年至2022年间发表的Scopus和Web of Science数据库文章。这一证据表明,在最近的研究中,人际形式的异常工作行为,而不是组织形式的异常工作行为,受到了更多的关注。就前因而言,研究结果表明,性格因素仍然普遍存在。该研究存在理论和实践上的局限性。
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引用次数: 0
Portraying the multifaceted interplay between sexual harassment, job stress, social support and employee’s turnover intension amid COVID-19: A Multilevel Moderating Mode 新冠肺炎背景下性骚扰、工作压力、社会支持与员工离职强度的多层面相互作用:多层次调节模式
Pub Date : 2022-04-07 DOI: 10.33897/fujbe.v6i2.551
Muhammad Aqeel, Jaffar Abbas, Saqlain Raza, Jaffar Aman
The education industry plays a vital role in social development. However, employees’ job turnover is challenging as it involves massive human and institutional financial costs. This research paper innovates by exploring the linkage between social support, sexual harassment, job stress, and job turnover intention amid COVID-19 crisis. The study examines how social support moderates the relationship between job stress, sexual harassment, and job turnover intention among educators teaching faculty members. The investigators applied the technique based on convenient sampling with a cross-sectional design for desired data collection. The study received 200 respondents' feedback from 10 January 2021 to 31 August 2021. (Male teachers, n= 100; female teachers, n=100) and their ages range from 25 to 59 years. The score was M=25.25, and the standard deviation score was SD=10.24. The data reports on the teachers' responses received from various public and private universities in Rawalpindi and the Federal city of Islamabad, Pakistan. The study's results indicate that sexual harassment statistically correlates positively with employees' work stress and job intention turnover. However, it correlates negatively among teachers with social support. The results exhibit that employees' job stress predicts job turnover intention positively and significantly. The study shows that social support moderates the association between sexual harassment, job stress, and teachers' job turnover intention. This research will help raise awareness of severe problems in the workplace. The educational environment would also help address this severe problem in Pakistan's academic and other industries
教育产业在社会发展中起着至关重要的作用。然而,员工的离职是具有挑战性的,因为它涉及大量的人力和机构财务成本。本文创新性地探讨了新冠疫情背景下社会支持、性骚扰、工作压力与离职意愿之间的关系。本研究旨在探讨社会支持如何调节教育教师工作压力、性骚扰与离职倾向之间的关系。研究人员采用了基于方便采样的技术,采用了横截面设计,以便收集所需的数据。该研究在2021年1月10日至2021年8月31日期间收到了200份受访者的反馈。(男教师,n= 100;女教师100人,年龄25 ~ 59岁。M=25.25,标准差SD=10.24。这些数据报告了从拉瓦尔品第和巴基斯坦联邦城市伊斯兰堡的各所公立和私立大学收到的教师答复。研究结果表明,性骚扰与员工的工作压力、工作意向流失率呈显著正相关。然而,教师与社会支持呈负相关。结果显示,员工工作压力对离职倾向有正向、显著的预测作用。研究发现,社会支持对性骚扰、工作压力与教师离职倾向之间的关系具有调节作用。这项研究将有助于提高人们对工作场所严重问题的认识。教育环境也将有助于解决巴基斯坦学术和其他行业的这一严重问题
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引用次数: 18
Revisiting the determinants of Economic Growth: An Implication Regime Switching model in case of Pakistan 重新审视经济增长的决定因素:以巴基斯坦为例的隐含政权转换模型
Pub Date : 2022-03-28 DOI: 10.33897/fujbe.v7i1.535
Asma Fiaz, Nabila Khurshid, Shahid Waseem Malik, A. Satti
In the current study, relevant determinants of economic growth in Pakistan were examined from 1981 to 2020. The results of the BDS non-linearity test corroborate the non-linearity of the data, and the Markov regime-switching model is applied. In both regimes, the real effective exchange rate (RER), inflation (CPI), and potential output gap have a positive impact on economic growth, whereas openness has a negative impact. Furthermore, in high growth regimes, interest rates (CMR) have a positive relationship with economic growth, but in low growth regimes, they have a negative relationship. Based on the study's empirical findings, it is advised that policymakers examine the nonlinear nature of macroeconomics. This will aid in the formulation of better policiesfor economic growth. Further, it is recommended that policymakers take measures to reduce the heat of the economy through demand management policy. This policy may hurt other sectors of the economy negatively which does not contribute to heating the economy.
本研究考察了1981年至2020年巴基斯坦经济增长的相关决定因素。北斗系统非线性测试的结果证实了数据的非线性,并采用了马尔可夫状态切换模型。在两种制度下,实际有效汇率(RER)、通货膨胀(CPI)和潜在产出缺口对经济增长有积极影响,而开放度则有消极影响。此外,在高增长体制下,利率(CMR)与经济增长呈正相关,但在低增长体制下,它们呈负相关。根据研究的实证结果,建议政策制定者审视宏观经济学的非线性本质。这将有助于制定更好的经济增长政策。此外,建议政策制定者采取措施,通过需求管理政策来降低经济热度。这一政策可能会对经济的其他部门造成负面影响,而不利于经济的升温。
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引用次数: 0
Enterprises Growth and Monetary Policy Asymmetric Effect: Evidence from Pakistan 企业成长与货币政策不对称效应:来自巴基斯坦的证据
Pub Date : 2022-02-07 DOI: 10.33897/fujbe.v7i1.538
Muhammad Jafar Buzdar, Hafiz Hanif, Muhammad Adnan Khan
This study investigates the impact of monetary policy on the growth of non-financial firms in the case of Pakistan. A sample size of 45 companies from different sectors has been taken. The data set taken for this study ranges from 2001 to 2016 while it is annual in nature. The study uses a GMM model for the estimation process. The monetary policy variables include interest rate, exchange rate, and money supply. The study showed different results regarding different sectors, which includes leather and tanneries and glass and ceramics interest rate have a negative relation with the 6 selected firms of these sectors. The other sectors have positive and significant results with any change in interest rate. Food and personal and glass and ceramics have insignificant results with any change in Exchange rate. The coefficient of Sugar, Refineries, Transport, and chemicals have negative signs and results are steady with the study. The third variable money supply has mixed result in different sectors, some of which shows positive result while some are showing a negative association with the money supply. Synthetic and rayon, Refineries, fertilizer cement, and automobile have negative relations while the rest have been found to have a positive relation.
本研究以巴基斯坦为例,探讨货币政策对非金融企业成长的影响。我们选取了来自不同行业的45家公司作为样本。本研究采用的数据集范围为2001年至2016年,而其本质上是年度的。本研究使用GMM模型进行估计过程。货币政策变量包括利率、汇率和货币供应量。研究表明,不同的行业不同的结果,其中包括皮革和制革厂和玻璃和陶瓷利率与这些行业的6个选定的公司负相关。其他行业对利率的任何变化都有积极和显著的影响。食品和个人以及玻璃和陶瓷对汇率变化的影响不显著。糖业、精炼厂、运输业和化工品的系数均为负,且研究结果稳定。第三个变量货币供应量在不同部门的结果好坏参半,有的部门与货币供应量呈正相关,有的部门与货币供应量呈负相关。合成与人造丝、炼油厂、化肥、水泥、汽车三者呈负相关关系,其余三者呈正相关关系。
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引用次数: 0
Exchange rate spillover effect on Stock Returns: Evidence from Pakistan 汇率溢出效应对股票收益的影响:来自巴基斯坦的证据
Pub Date : 2022-02-07 DOI: 10.33897/fujbe.v7i1.539
Ribbat Khan
Volatility spillover is measured as the transferal of variability among different financial markets. The objective of this study is to see if there is any effect volatility spillover amongexchange rates and stock returns in Pakistan or not. For this purpose the secondary dataranging from April 2010 – April 2020 is collected and analyzed using multivariate dynamic conditional correlation GARCH (DCC-MGARCH) model. It is observed that there is a notable volatility spillover impact between the two. This study can be used by different investing firms and individual investors incorporating the spillover impact in order to hedge and diversify their portfolios. It can also be used by educational institutions for teaching and training purposes. It can also help the policy makers providing recommendations regarding spillover effect between the concerned markets.
波动性溢出是指不同金融市场间可变性的转移。本研究的目的是看看巴基斯坦的汇率和股票回报之间是否存在任何影响波动溢出。为此,我们收集了2010年4月至2020年4月的二次数据,并使用多元动态条件相关GARCH (DCC-MGARCH)模型进行了分析。研究发现,两者之间存在显著的波动溢出效应。该研究可为不同的投资公司和个人投资者提供借鉴,以纳入溢出影响,以对冲和分散其投资组合。它也可以被教育机构用于教学和培训目的。它还可以帮助决策者就相关市场之间的溢出效应提出建议。
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引用次数: 0
The Impact of Covid-19: on Administration of Universities in TwinCities of Pakistan in Terms of E-Learnin 新冠肺炎疫情对巴基斯坦两城大学电子学习管理的影响
Pub Date : 2021-08-09 DOI: 10.33897/fujbe.v6i2.548
I. Dar, Hamna Asif Ali, Malaika Asad Butt, Neha Amman, Hadiqa Ejaz, Sohail Sultan
The study is about the impact of Covid-19 on administration of universities in twin- cities of Pakistan in terms of e-learning. It is a novel topic that required qualitative research through in-depth interviews from the experts of the matter at hand. The highlights and the themes portray the gamut of the problem and the heterogeneity of the issues surrounding the exercise of e-learning in the twin cities of Pakistan. The results of this study provide theoretical foundation for future mature studies and portray the empirical implications for university management in terms of the major challenges and their nature and corresponding solutions.
这项研究是关于2019冠状病毒病对巴基斯坦双城大学电子学习管理的影响。这是一个新颖的话题,需要通过对手头问题专家的深入访谈进行定性研究。重点和主题描绘了问题的范围以及围绕巴基斯坦双城开展电子学习的问题的异质性。本研究结果为未来成熟的研究提供了理论基础,并从大学管理面临的主要挑战及其性质和相应的解决方案方面描绘了实证意义。
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引用次数: 0
The Impression of SMM Fundamentals on CBE and Brand Knowledge SMM基本原理对CBE和品牌知识的影响
Pub Date : 2021-08-09 DOI: 10.33897/fujbe.v6i2.547
Mehreen Fatima, Qazi Mohammed Ahmed, O. S. Paracha
This exploration talks about the effect of online marketing on strengthening BA and BI on advancing CBE in the clothing industry of Pakistan. The significant focal point of doing this examination was to break down how unique SMM (SMM) segments significantly affect building up CBE (CBE) and brand knowledge. This exploration incorporates three independent factors, one mediating variable and two dependent factors. The independent factors included customization, trendiness and EWOM (EWOM). The mediating variable was CBE and the dependent factors were BA and BI. The assortment of the information was brought out through an online survey made on Google forms and had 248 respondents. The information gathered was examined through programming called SPSS, and distinctive measurable tests. The after effects of these tests showed that the components EWOM, Trendiness and customization do play a significant part in building up BA and image. The study could be additionally improved in the event that we center around more factors and another various area of Pakistan for investigating the effect of social media.
本文探讨了网络营销在巴基斯坦服装行业加强BA和BI对推进CBE的作用。做这项检查的重要焦点是分解独特的SMM (SMM)部分如何显著影响建立CBE (CBE)和品牌知识。本研究包含三个自变量、一个中介变量和两个因变量。独立因素包括定制、潮流和eom (eom)。中介变量为CBE,因变量为BA和BI。这些信息的分类是通过谷歌表格进行的一项在线调查得出的,共有248名受访者。收集到的信息通过名为SPSS的程序和独特的可测量测试进行检查。这些测试的效果表明,edom、treniness和customization三个组件在构建BA和映像方面确实发挥了重要作用。如果我们围绕更多的因素和巴基斯坦的另一个不同地区来调查社交媒体的影响,这项研究还可以进一步改进。
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引用次数: 0
Work Life Balance, Job Performance and Life Satisfaction among Police Officers 警务人员工作生活平衡、工作绩效与生活满意度
Pub Date : 2021-08-09 DOI: 10.33897/fujbe.v6i2.545
Humma Ghalib, Dr. Mussarat Jabeen, Dr. Summaira Naz, Dr. Mussarat Jabeen Khan
The present study was conducted to scrutinize the effect of work life balance and jobperformance on life satisfaction among Police Officers. The main objectives of the study were to examine the impact of work life balance and job performance on life satisfaction among Police Officers of two districts Attock and Rawalpindi on the basis of demographic variables like, gender, marital status, districts and designation. Purposive sampling technique was used to collect data. The sample comprised of 150 Police Officers (50 females and 100 male) had been taken from two districts of Punjab province. Correlation, t-test and regression analysis were used to test the hypotheses. Results of correlation analysis showed that job performance, life satisfaction and work life balance were positively correlated with each other. Results of regression analysis showed that work life balance and job performance were significant predictors of life satisfaction. ttest indicated significant difference among male and female police officers on job performance. A significant difference with respect to designation of police officers on life satisfaction declared that high designated police officers scored higher on life satisfaction than low designated police officers, while non-significant difference was shown among single and married police officers on study variables. Further significant differences with respect to districts of Punjab Police Officers on work life balance, job performance and life satisfaction were obtained. The Rawalpindi district Police officers scored higher on work life balance, job performance and life satisfaction than Attock district Police Officers
摘要本研究旨在探讨工作与生活平衡、工作绩效对警务人员生活满意度的影响。该研究的主要目的是根据人口统计变量,如性别、婚姻状况、地区和名称,检查工作生活平衡和工作表现对两个地区的警察生活满意度的影响。采用有目的抽样技术收集资料。样本包括来自旁遮普省两个地区的150名警察(50名女性和100名男性)。采用相关检验、t检验和回归分析对假设进行检验。相关分析结果显示,工作绩效、生活满意度和工作生活平衡三者之间存在正相关关系。回归分析结果显示,工作生活平衡和工作绩效是生活满意度的显著预测因子。Ttest显示男女警官在工作表现上有显著差异。警员职级对生活满意度的显著差异表明,高职级警员的生活满意度得分高于低职级警员,而单身警员与已婚警员在研究变量上的差异不显著。旁遮普地区警察在工作生活平衡、工作绩效和生活满意度方面存在显著差异。拉瓦尔品第地区警察在工作与生活平衡、工作表现和生活满意度方面的得分高于阿托克地区警察
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引用次数: 1
期刊
Foundation University Journal of Business & Economics
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