SEISENSE Journal of Management
SEISENSE Journal of Management (SJOM) peer-reviewed and published as Bi-Monthly (six issues in a year), is committed to publishing scholarly empirical and theoretical research articles that have a high impact on the management field as a whole. SEISENSE JoM covers domains such as Business strategy & policy, OB, HRM, Organizational theory, Entrepreneurship, Innovation and Technology Management, and Tourism Management.
Articles
164 Documents
Effect of Dividend Policy on Firm’s Performance: A Case Study of Cement Sector of Pakistan
Abdur Rahman
SEISENSE Journal of Management Vol. 1 No. 5 (2018): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED
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DOI: 10.5281/zenodo.1450462
The basic aim of this study is to investigate that whether the dividend policy makes an impact on the firm performance in Pakistan specially in cement sector. Data used have been collected from annual reports of the sample companies and website of Pakistan Stock Exchange from 2012 to 2016. The results of OLS indicate that there is an insignificant positive relationship between return on equity (ROE) and Dividend per share (D.P.S) which imply that by increasing cost dividend per share, return on equity increases for the selected companies. Furthermore, a significant positive relationship between earning per share (EPS) and return-on-equity (R.O.E) was found. In the case of firm size, significant relationship was found with ROE and financial leverage showed an insignificant relationship with firm performance (R.O.E). Hence this study supports the relevant theories of dividend policy.
Total Quality Management Practices and Supply Chain Management: Understanding Linkages from the Logistics Sector of Pakistan
Muhammad Saad Ameer
SEISENSE Journal of Management Vol. 1 No. 4 (2018): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED
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DOI: 10.5281/zenodo.1422714
The study is an outcome of a conceptual framework that establishes the relationship between the total quality management (TQM) practices and supply chain management (SCM) practices. The six TQM practices have taken from the Malcolm Baldrige National Quality Award (MBNQA). These practices are leadership, strategic planning, customer focus, human resource management, process management, and information analysis. The result is based on the logistics sector in Pakistan. Data is collected from 270 operation manager and top management. Multiple regression analysis is used to derive the results from the collected data. The result shows the strong relationship between the variables. Leadership, strategic planning, customer focus, and human resource management relationship with SCM was found significant. However, process management and information analysis were insignificant relationships with SCM. This study can be used for the implementation of both the systems – TQM and SCM in the organization to drive better results.
Ransomware Attack on Medstar: Ethical Position statement
Najam Ul Hassan
SEISENSE Journal of Management Vol. 1 No. 4 (2018): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED
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DOI: 10.5281/zenodo.1435408
Medstar Health was the target of ransomware attack in 2016. The attack impacted the provision of healthcare services to the patient. Medstar opted not to pay the ransom and, instead, responded by shutting down its electronic medical record (EMR) systems and restoring the data from the backups. The paper analyzes the event, Medstar’s response and its negligent behavior that allowed the vulnerability to be exploited. The author provides an ethical position statement and recommendation to reduce the chances of any future attacks.
Programming Ethics in Self-Driving Cars: Ethical Dilemma
Najam Ul Hassan
SEISENSE Journal of Management Vol. 1 No. 5 (2018): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED
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DOI: 10.5281/zenodo.1443240
Self-driving cars promise to revolutionize the automotive industry. Besides being productive and fuel-efficient, they would be significantly safer than the human-operated cars. However, in the rare case when they do get into an accident, they can calculate and opt for the reactive measure to take based on their programming. The manufacturer, it seems, must decide the ethics that self-driving cars should follow in such scenarios. In circumstances where they must choose between the lives of the passengers and the pedestrians, some researchers have argued that the best solution is to choose for the safety of the passengers over the pedestrians. Such a strategy, they argue will make sense as cars will have better control over the passenger and, therefore, will help in faster adoption of self-driving cars. However, this line of thinking seems simplistic at best. The author suggests areexamination of the ethical issues while taking into account the social and technological aspects as well.
Idea of Collateral and Guarantor in Islamic Bank Financing
Idris Yahaya Adamu
SEISENSE Journal of Management Vol. 1 No. 5 (2018): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED
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DOI: 10.5281/zenodo.1474664
This study explores the idea of Islamic banks requesting for collateral or guarantee when financing, the rationale for requesting loan security, and its acceptability from Islamic perspectives. The study reviewed the previous literature and Islamic injunctions to study and justify the use of collateral and guarantor to hedge the risk of financing default. It is found that Islamic banks like conventional banking system encourage requesting loan security to ensure borrowers’ commitment and protect investors’ wealth. Despite its effect on loan rejection, secured loans are found to be recovered more easily than unsecured loans. Government and Islamic banks are therefore advised to device mean for helping small-scale businesses to access financing, through credit guarantee schemes and participatory financing mechanisms, to enhance financial inclusion.
Determinants of Adolescents Well Being
Sheeba Ali
SEISENSE Journal of Management Vol. 1 No. 5 (2018): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED
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DOI: 10.5281/zenodo.1469717
Well-being is a dynamic concept that includes subjective, social, and psychological dimensions as well as health-related behaviors. Adolescents form two-thirds of our population, this is a unique group of people with special needs. The study aims to identify the lifestyle and behavioral patterns of this group and subsequently come up with issues that require special attention. The Competitive environment in every field has propelled maladjustment in different spheres of life such as home, social, health, emotion and educational problems. In order to address adolescents’ psychological issues, it becomes everyone’s responsibility to give assistance to protect the future generation.
Determining the Factors of Profitability in Islamic and Conventional Banks Of Pakistan: Management Perspective
Mahmood Ali
SEISENSE Journal of Management Vol. 1 No. 1 (2018): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED
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DOI: 10.5281/zenodo.1218186
Banks plays vital role in capitalist economy. During the period of financial turmoil, it has been viewed that banks lost a huge capital due to non-recovery of loans from customers. Since there are two type of banks working in Pakistan therefore this thesis analyse which banks performance was better during the financial crunch between 2008 - 2012. The objective of this thesis is to determine the factor affecting the profitability of Islamic and Conventional banks in Pakistan during the period 2008 – 2012. Data was collected through financial books of seventeen conventional and five Islamic banks. Two dependent variables i.e. Return on Asset and Return on Equity were used to determine the profitability of Islamic and conventional banks in Pakistan. Whereas Liquidity, Credit Risk, Capitalization, Efficiency, Bank Size, Economic Performance, Inflation and a dummy variable were used as Independent variables. Panel Data analysis is used to find out the result of secondary data. Initially the analysis was conducted on whole industry, which then applied on Islamic and Conventional banks separately.
Jordan Energy Sector Choices and Challenges
Malek Khalaf Albezuirat;
Falah Mustafa Al-Saraireh;
Muhammad Iqbal Hussain;
Rosmaini Ahmad
SEISENSE Journal of Management Vol. 1 No. 5 (2018): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED
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DOI: 10.5281/zenodo.1452373
Energy is the lifeline for the whole of the service and industry sector in any country. Any imbalance in the energy sector is reflected on other sectors and the standard of living in the country. Energy problems are one of the most complex challenges facing governments. Especially in countries that rely on external energy sources. This situation is increased complexity by the presence of immediate changes in international relations and in fuel prices. Jordan is among the countries that depend on foreign energy sources and is located in the most volatile regions of the world in middle of the Middle East. Jordan is suffering from a permanent energy crisis that needs solutions which are compatible with many factors that may affect energy choices and decisions and alternatives available to get out of this crisis. Therefore, this study will attempt to focus on the Jordanian situation and identify the challenges and available choices. A comparison will be made of the available alternatives through Analytical Hierarchical Process (AHP). The results show that the priority of the energy solutions is to expand the mining of uranium and shale as well as to expand the construction of renewable power plants, as well as maintenance and modernization of existing plants and the establishment of new refineries.
Compliance of Financial Statements of Islamic Banks of Pakistan with AAOIFI Guidelines in General Presentation and Disclosure
Asim Ehsan;
Syed Kashif Saeed;
Muhammad Asghar Shahzad;
Hafiz Rauf Iqbal
SEISENSE Journal of Management Vol. 2 No. 1 (2019): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED
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DOI: 10.33215/sjom.v2i1.53
Objective - This study intends to investigate the extent of voluntary financial reporting compliance made by Islamic banks of Pakistan as suggested by Islamic accounting standards (i.e. AAOIFI). Design/Methodology - The study is based on an empirical evaluation of financial statements of Islamic banks of Pakistan. Data sample consists of financial statements for the years 2009, 2015, 2016 and 2017 relating to of all four full-fledged Islamic banks in Pakistan. The first standard in Islamic accounting standards suggests a total of 111 items for compliance while preparing a financial statement of Islamic Banks. As per existing regulatory requirements, Islamic banks in Pakistan are required to adopt International Financial Reporting Standards while preparing their financial statements. Findings - However, the analysis suggests Islamic banks in Pakistan are in compliance of more than 50% of requirements as suggested by Islamic accounting standards. Implications – The insights will help the industry decision makers to increase the voluntary disclosures by the Islamic banks.
Employment of Set Operations to Improve LMP Assessments Design and Implementation
Malek Khalaf Albezuirat;
Rosmaini Ahmad;
Muhammad Iqbal Hussain;
Falah Mustafa Al-Saraireh;
Asia Khalaf Albzeirat
SEISENSE Journal of Management Vol. 2 No. 1 (2019): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED
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DOI: 10.33215/sjom.v2i1.56
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. Problem - 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. Design - 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. Finding - 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.