International Journal of Business and Economic Affairs

Fostering Project Performance by Information Integration: An Information Technology Enabled Stakeholder Approach

Wajeeha Hasnain — 2024-01-02

The intricacy of the construction supply chain and the interactions among various actors in construction projects highlight the important role of Information Technology capability and efficient information flow integration to guarantee seamless coordination and communication among stakeholders. This study investigates the association between Client/Owner, Contractors, supplier’s Information Technology capabilities, and information flow integration. Regression analysis is used to examine the data and ascertain the relationships between these variables. The findings indicate that information flow integration, each entity’s Information Technology capability, and construction project performance are positively correlated. Information Technology capability allows key players in a construction project to integrate information and ultimately improves the performance of construction projects. According to the research, better project performance may result from strengthening Information Technology capability and integrating information flow among the Construction Project’s partners. The significance of investing in Information Technology Capability and encouraging efficient communication and cooperation between clients, contractors, and suppliers are important takeaways from these findings for patrons in the construction industry.

Probability of Stock Price Crashes: A Closer Look towards Pakistan Stock Market

Ammara Riaz Chohan — 2024-03-02

The concept of stock price crash probability has become popular in recent years. In Pakistan, being an emerging economy, this area needs to be explored yet. This research investigates the impact of internal and external predictors effecting stock price crash probability for the period of 2006-2021. Pooled OLS is utilized as a baseline regression with clustering at firm level to test the hypothesis. For robustness analysis, in order to capture issues of serial correlation and cross sectional dependency, FGLS and GMM regression techniques are employed. Furthermore, in this study theoretical arguments are built on the basis of bad news hoarding theory, agency theory and information asymmetry. The findings suggest that corporate tax avoidance has an insignificant relation with stock price crash probability. While, other predictors have an inverse relation with stock crash probability. The results are consistent while using FGLS technique however, GMM estimates exhibit corporate tax avoidance as a significant predictor. Overall, the outcomes support H2 and H3, while H1 is rejected particularly for market of Pakistan. This study attempts to assist investors, regulators and policymakers to timely predict the chances of a stock price and thus make corrective decisions to mitigate its chances.

Casual and Dynamic Linkage Between Economic Growth and Green Financial Development in Pakistan

Mariam Naeem — 2024-03-03

Economic growth and green financial development association has gained a very high concentration in the developed economies. However, developing countries are less focused on this phenomenon because these economies are less financially developed, and Pakistan is no exception. This study aimed to estimate the causal and dynamic relationship between Pakistan’s economic growth and green financial development. The study used time-series data from 1990 to 2022 regarding green financial development and economic growth. The outcome of the present study identified that the long and short-term association exist between economic growth and green financial growth. Further, this study examined economic growth, green credit, securities, insurance, investments, foreign direct investment, green production, and green employment. Multivariate and bi-variate co-integration results indicate that economic growth has a long-run significant relationship with all these parameters; however, granger causality results indicate that economic growth leads to FDI (foreign direct investment) and green production leads to economic growth. However, green securities lead to green investment, and green energy leads to green production. Green Insurance and Green Energy have bilateral causality. Green employment leads to green insurance, investment in green jobs, and green energy in green production. Long-run and short-run causal and dynamic linkage exist between economic growth and other green parameters.

The Moderation-Mediation Effect of Learning Organization Culture, Environmental Knowledge Management on the Relationship between Green Intellectual Capital and Organizational Sustainability: A Case of Power Sector in Pakistan

Hassan Rashid — 2024-03-10

This study examined the relationship between Green Intellectual Capital (GIC) and organizational sustainability in Pakistan’s power sector. It exclusively focuses on GIC within the context of the country’s power sector organizations. This study presents a framework where organizational sustainable development is influenced by three dimensions of GIC: green human capital, green relational capital, and green structural capital, with the mediating role of environmental knowledge management. Despite the growing importance of knowledge management in sustainability and GIC, this area remains relatively unexplored, presenting opportunities for academic research. This paper also explored the moderating role of a learning organization culture. Out of 500 structured questionnaires distributed to employees at various levels, 400 usable responses were obtained. Results indicated significant effects of green intellectual capital, learning organization culture, and environmental knowledge management on the sustainable performance of organizations in Pakistan. The study recommends that power sector companies in Pakistan to integrate GIC, learning culture, and knowledge management to enhance organizational sustainability.

Achieving Customer Purchase Attention Inherit Customer Satisfaction by Providing Service Quality in Telecom Sector of Pakistan

Bisma Bibi — 2024-03-18

In the current era of high competition every organization is trying to achieve the high level of market share which is possible only by achieving high level of sales. Increase in sale volume is achieved by customer’s purchase intention. Current study is empirically examined the service quality effect the customer purchase intention through customer satisfaction (which) while service quality is investigated with three dimensions including reliability, security, responsiveness and communication in the telecom sector of Pakistan. Additionally the theoretical lens used for research model is social exchange theory presented by George Homans in 1958. Current study is quantitative in nature, positivist paradigm explanatory using deductive approach and by using primary data will be collected by survey instrument questionnaire. The Data will be collected from telecom sector of Pakistan and sample will be draw through non probability convenience sampling. This data will be statistically analyzed in SPSS 20th version. All the variable of the modal including service quality, customer satisfaction and customer purchase intention will be empirically tested including descriptive stats, reliability analysis, correlation, regression and mediating analysis of Andrew.F.Hayes model 4. As the telecom sector is information technology base so it’s dynamic and need high tech service quality for increasing customers purchase intention, so the result of the study will be beneficial for telecom companies take with high competition for increasing sales volume. This study will help the marketing management of Zong, Ufone, and Mobilink service providers. As this study is using the theoretical lens of social exchange theory so it’s significant for literature related to service quality, customer satisfaction and customer purchase intention.