Dr. Ayaz ul Haq - Academia.edu (original) (raw)

Papers by Dr. Ayaz ul Haq

Indonesian Journal of Sustainability Accounting and Management

This investigation examines how Pakistani banks listed on stock markets fare when International F... more This investigation examines how Pakistani banks listed on stock markets fare when International Financial Reporting Standards (IFRS) are implemented and Corporate Social Responsibility (CSR) activities are carried out. This study compares the financial performance of banks over a 3-year period before and following the introduction of IFRS, using a sample of all 22 banks listed on the Pakistan Stock Exchange. To address endogeneity and unobserved heterogeneity problems, the Generalized Method of Moments (GMM) is adopted. This study reveals that the implementation of IFRS has a favorable and considerable effect on the performance of the banks. CSR has a substantial impact on ROE but has a relatively smaller effect on ROA. We discovered that the performance indicators, such as BV and EPS, have little bearing on stock return of firms in the banking sectors. The MV of stock has dropped with the increasing standard of financial reporting, but the effect of COVID-19 cannot be ignored. The ...

Journal of Managerial Sciences, Nov 2, 2020

Asian Journal of Accounting Research, 2018

Purpose The accounting system plays an important role in the company’s organizational structure. ... more Purpose The accounting system plays an important role in the company’s organizational structure. The purpose of this paper is to demonstrate that the integration of management accounting practices is subject to coordination between external and internal factors and accounting management practices. Design/methodology/approach Therefore, the authors move to the contingency model to determine the most significant external “unexpected factors” that explain the introduction of management practices for the management of the various stages of development. The exploratory study examines a sample of Pakistani companies from various sectors. Findings This study reveals that the main factors of uncertainty that affect the organizational structure, environmental uncertainty, advanced production technology, just-in-time method strategy, integrated management of quality and structure findings reveal that MAP affected all process and changes all system in simple to complex system in Pakistani’s in...

African Journal of Business Management, Feb 4, 2011

This study examined the occupational stress and professional burnout in the banking sector of Pak... more This study examined the occupational stress and professional burnout in the banking sector of Pakistan. A total of 237 bank employees (74.3% male and 25.7% female) from different commercial banks participated in the survey. In order to collect data on stress and burnout a self-reported questionnaire was administered to bank employees. Descriptive, correlation and regression statistical tools were used to analyze data. The results identified that workload, working hours, technological problem at work, inadequate salary, time for family and job worries at home are the significant sources of stress in the banking sector. The significant symptoms of burnout as revealed by the results are back pain, extreme tiredness, headache and sleep disturbance. All stressors (Organization, Job, Relationship at work, work environment and family work interface) are significantly correlated to all burnouts (Physical, Psychological and Organizational). All the stress elements significantly predicted burnout in the banking sector of Pakistan. The changing work pattern is creating stress for the bank employees and these stressors are leading to burnout. These results are consistent with the emergent evidence of the impact of stress on the burnout.

The study examines the privatization process and change in growth of privatized firms during diff... more The study examines the privatization process and change in growth of privatized firms during different forms of government. Pakistan has been experiencing unusual and divergent political scenarios. Sometimes so-called political system starts running the affairs of country and most of times military rulers have been in power. The study analyses the privatization and efficiency of firms during the era of 1990 to 2007. The time span from 1990 to 1998 is considered one era that is the era of democratic rulers and from 2000 to 2007 second era where there was military rule. Under this scenario, seven variables like profitability, efficiency, employment, leverage, capital investment, operating efficiency and output are taken for analysis. Wilcoxan rank test is used to compare the two eras. All the variables showed significant relationship using z-stat. Overall ten firms are analyzed in the study. All the firms are privatized through IPO.

Journal of Islamic Business and Management (JIBM), 2018

with their hands, but also with involvement of their heart and spirit (Ashmos & Duchon, 2000). In... more with their hands, but also with involvement of their heart and spirit (Ashmos & Duchon, 2000). In recent years, organizations have witnessed most important changes in their organizational structure and design. Such changes triggered work environment in which employees feel low level of sense of community. As a result, organizations face problems in building suitable work community among co-workers and an environment where employees can exhibit their overall capacity (Brandt, 1996; Driver, 2005). Petchsawanga and Duchan (2012) identified that workplace spirituality focuses on different activities at work considering meaningfulness, personal development, joy at work, compassion, trust, commitment, honesty and well-being of employees. Similarly, Ashmos and Duchon (2000) revealed that inner life, meaningful work and sense of community are three important constructs of workplace spirituality. Scholars of past empirical studies indicate that workplace spirituality, generally known as spirituality at workplace, is brought into practice through different programs by many successful organizations e.g.

IBT Journal of Business Studies, 2019

This study aims to determine the effect of financial knowledge and financial socializ... more This study aims to determine the effect of financial knowledge and financial socialization on the financial satisfaction of the individuals when unexpected life events happen and to examine the mediating role of the financial stressor and financial behavior between them. The data collected from 243 respondents who had experienced any unexpected hospitality in the state of Azad Jammu and Kashmir. Grab sampling method utilized for data collection. Confirmatory factor analysis (CFA) and Structural Equation Modeling (SEM) utilized for data analysis. Results of study reveal that: 1) financial knowledge and financial socialization have positive influence on financial satisfaction; 2) financial knowledge has positive effect on financial satisfaction with the mediating role of the financial stressor and financial behavior when an unexpected life event happens; and 3) financial socialization has positive effect on financial satisfaction with the mediating role of the financial s...

Foreign Direct Investment (FDI) is one of the significant mediums for trade and industry developm... more Foreign Direct Investment (FDI) is one of the significant mediums for trade and industry development in the developing countries. The goal of the study is to audit the bang of FDI on trade and industry growth in Pakistan, for the period of 1990- 2010. In study, different econometric techniques used: Phillips- Perron (PP) and Estimation of a Cointegration Vector to attain the objectives of this study. This study evaluate two regimes data, democratic (1990-1999) and military (2000-2007). The result obtained suggests that domestic investment is independent of the level of FDI inflows. In other words, it implies that change in domestic investment is not influence by FDI inflows. The result shows that FDI cointegrated with the level of output, trade openness, size of government, level of education in short run investigation but not cointegrated with domestic investment in short run. Pakistan should take steps to increase FDI in foreign exchange sectors in short term. Global media coverag...

Business & Economic Review, 2017

This paper investigates the sensitivity of corporate cash holdings to cash inflows (CFSC). The st... more This paper investigates the sensitivity of corporate cash holdings to cash inflows (CFSC). The study also aims to investigate the differential effects of CFSC across financially-constrained and unconstrained-firms and across firms having high and low-Tobin's Q. The study uses GMM model on unbalanced firm-level data of all manufacturing firms listed at the Pakistan Stock Exchange over the period 2000-2014. The results show that financially-constrained firms are more likely to hold extra cash out of their cash inflows than their unconstrained counterparts. Further, the sensitivity of cash holdings to cash inflows is more in growing firms than other firms.

International Journal of Academic Research in Business and Social Sciences, 2018

The study is conducted to determine the significant relationships among Job Satisfaction, Organiz... more The study is conducted to determine the significant relationships among Job Satisfaction, Organizational Commitment, Supervisor's Support, and Employee Career Satisfaction. The data have collected from the employees of ten major pharmaceutical companies in Pakistan. Pharmaceutical sector of Pakistan is growing day by day even in law and order situation and energy crisis in country. But high turnover is also reported. This study is conducted to check employee career satisfaction within company and industry. The instrument to measure the variables was adopted from different relevant studies and data was collected from 155 respondents. The SPSS was run on the collected data and analyzed the results. The current study finds a positive correlation between job satisfaction and employee career satisfaction; organizational commitment and employee career satisfaction; and supervisor's support and employee career satisfaction. The main reason to conduct research on the proposed construct is to fulfill the gap and to provide theoretical as well as empirical evidences for researchers, practitioners, and marketers (specially belonging to pharmaceutical organizations). In the real practice, this research is helpful to companies as well as employees of the pharmaceutical industries to understand the behavior of their attitudes towards their profession and the field.

Management Studies and Economic Systems, 2015

The focal objective of this study is to analyze and explore the Co-movement of Pakistan stock mar... more The focal objective of this study is to analyze and explore the Co-movement of Pakistan stock market (KSE-100) with the stock market of developed countries (US,

This study investigates the factors affecting the brand loyalty of the customers of Automobile in... more This study investigates the factors affecting the brand loyalty of the customers of Automobile industry in region of Pakistan with the use of ECSI model. A well-organized structured questionnaire was distributed among the customers of Automobile industry. The questionnaire was based on 5 Point likert-type scale. Results show that the customer expectations have a direct positive impact on perceived value and an indirect impact on customer satisfaction. The study also finds that to satisfy the customers, customer's education plays an important and positive role. Furthermore, the study finds a negative relationship between customer trust and customer loyalty. It is probably due to Pakistani culture in which the customers cannot fully trust the firm. Additionally, it is suggested that the ECSI model should be modified because customer education and trust are not present in the present model. In this regard, further research is required. Finally the study suggests that there should b...

Policy Research Working Papers, 1999

Abstract: It investigates the issues affecting the job satisfaction of the teachers of private co... more Abstract: It investigates the issues affecting the job satisfaction of the teachers of private colleges of Rawalpindi and Islamabad, Pakistan and further the overall effect of job satisfaction on turnover intention. A questionnaire consists of 6 sections depending on the ...

Cogent Business & Management, 2022