Journal of Economic Sciences

Identifying Managerial Awareness Level on Negotiation and Conflict Resolution in Nepalese Banking Sectors: Descriptive Cross-sectional Analysis

Neha Kayastha — 2022-12-26

These days conflict resolution and negotiation seem to be tough and challenging tasks for managerial-level employees. Conflict with various stakeholders in the banking industry can be considered a major aspect. The study employs a descriptive data analysis procedure that covers a sample of 267 managerial-level staff. The purpose of this study is to identify the managerial awareness level of negotiation and conflict resolution in Nepalese banking sectors. The results of the study illustrated that managerial levels at commercial banks in Kathmandu Valley have high (86.14%) negotiation skills. Also, 67.16% of managers in the banking sector focus on maintaining a good relationship with another party while trying to resolve conflict through negotiation. Managerial employees even agreed that they faced challenges in the process of negotiation and conflict resolution. One of the major challenges is the lack of timing among the employees at commercial banks, due to which proper negotiation rarely takes place.

The Impact of Intangible Assets on Market Value of Firms: Evidence from Pakistan’s Stock Exchange

Suhrab Khan — 2022-12-27

This study estimates the economic value of intangible assets (IAs) on the market values (MVs) of firms. The IAs play an important role in the future development and success of firms. A firm having more IAs and Research and Development (R&D) expenditures can be more innovative and competitive in the production of goods and service delivery. Therefore, this study finds the impacts of IAs on the MVs by taking a sample of 66 firms listed on Pakistan’s Stock Exchange (PSX) from the period 2007 to 2014. For empirical analysis, the conventional Fixed Effect, Random Effect and Generalized Method of Moment (GMM) models are applied on annual data. The results depict that IAs have increased the MVs of firms in Pakistan. Moreover, leverage ratio and managerial efficiency have also increased the MVs while the expenditures on marketing and advertising have decreased the MVs of firms. This study suggests that firms’ managers can increase investment in the accumulation of IAs for maximization of the MVs. Moreover, the investors and other market participants should also look at the level of IAs before investing in stocks as well as other determinants, especially leverage and managerial efficiency. The value relevance of leverage has also been a worthy policy recommendation for Pakistani firms. So, there is a scope for increasing the debt ratio for the shareholders’ value maximization.

Impact of Remittances on Social Behavior towards Higher Education in District Poonch AJK

Farrukh Ishtiaq — 2022-12-31

The primary objective of the study is to check the impact of remittances on enrollment, the performance of the students of higher education, and the attitude of the households. For this study, primary data were collected through a questionnaire. Randomly 75 migrants and 75 non-migrants were selected. The Binary Logistic model is used to check the impact of remittances on the enrollment of the students and the ordinary least square is used to check the impact of remittances on students' performance. The study concludes that remittances have a significant impact on the enrollment of the students and the impact of remittances on the performance of the students is not significant. Concerned authorities should focus on improving the performance of the students by providing different incentives through the higher education department of AJK.

The Statistical Association between Macroeconomic Indicators and the Performance of Commercial Banks in Pakistan

Javed Ali Khan — 2022-01-26

The banking industry of Pakistan is growing over years and it is playing a dynamic role in enabling the business environment in the country. The idea is Constructed on the fact, that there is a substantial impact of commercial banks (CB) on the economic advancement of the country. in response, the macro dynamics of an economy also influence the very existence of Banking and its footprints on the economy. Banks are operating to smooth out the transaction process in the economy to cause ease for doing daily life business. It is important to investigate that the changes in the macroeconomic factors of a country can have serious implications for the profitability dynamics of these banks. This paper examines the cost-effectiveness of CBs in Pakistan for the duration of (2006 to 2018), against the variations in the macroeconomy. The study is based on Panel data assessment methods, to examine the effects of foremost external factors i.e. Exchange rate, GDP, Interest rate, and Money supply on the profitability of CBS in Pakistan. This study uses Return on Assets (ROA) and Return on Equity (ROE) to measure the profitability of banks in Pakistan. The study uses a random effect model and the outcomes of this study demonstrate that, in the case of Pakistani CBS, the impact of selected macroeconomic factors is almost negligible to determine a bank's profitability except for only one factor, that is the money supply, which expresses a progressive influence on banks’ profitability in Pakistan.

Nexuses between Economic Growth and Health Indicators: Evidence from Pakistan

Reema Gulzar — 2023-02-09

The goal of this article is to look at how various health indices affect Pakistan's economic growth. Error Correction and co-integration methods were used on Pakistan time series data from 1990 to 2022. Long-run, there is a significant relationship between per capita GDP and health indicators, which are significantly affecting per-capita GDP. According to the short run, health indicators have no meaningful influence on per-capita GDP. While indicators of health have a considerable long-run influence in economic growth. It implies that the influence of health indicators can only impact in the long run. The study's main result suggests financial gain, through growing and raising the stock of healthy human capital, particularly if present stocks are at a low level. Improved health has a two-way interaction with the economic process. This increased financial gain is spent on human capital investment can result in higher per capita growth. The goal of this research is to examine the short-run and long-term temporal connections between health and per capita GDP using mistreatment Co-integration and Error Correction. Long-term health and economic process studies would be extremely valuable in determining the achievable magnitudes of the entire cumulative effects of health on economic process. Two key hypotheses would be examined; the first would be that 'health influences economic growth' might be a long-standing temporal development. Second, what role do health output and input factors play in per capita GDP growth?