UW Journal of Management Sciences https://uwjms.org.pk/index.php/uwjms <p>The ‘<strong>UW Journal of Management Sciences</strong>’ (UWJMS) provides an international forum for dialogue amongst the researchers, thereby improving the understanding of the nature of management in different cultural settings and promoting the transfer of research results to respective communities. It is devoted to publishing papers that would advance knowledge of the practical and theoretical aspects of management sciences. This Journal provides a framework for disseminating research and academic brilliance in the field of management. Basically, Management studies allow developing a broad understanding of business organizations and provide us with subject-specific knowledge in areas such as markets, customers, finance, human resource, operations, communication, information technology, and business policy and strategy.</p> <p><span class="fontstyle0"><strong>International Standard Serial Number (ISSN):</strong><br /></span>2523-0417 (online), 2521-5876 (print)</p> <p><strong>Review Type:</strong> Double Blind Peer Review</p> <p><strong>Frequency: </strong>Bi-Annual</p> <p><strong>Plagiarism Checking:</strong> Turnitin</p> <p><strong>Publication Charges: </strong>Free of cost </p> <p><strong>Submission Charges: </strong>Free of cost<strong> </strong></p> <p><strong>Journal Type: </strong>Open Access Journal</p> Universiy of Wah en-US UW Journal of Management Sciences 2521-5876 Competition, stability, and economic growth: A causality approach https://uwjms.org.pk/index.php/uwjms/article/view/190 <p>This study explores the mediating relationship between corporate governance and firm performance. We evaluate the relationship of corporate innovation as a mediator between corporate governance and firm performance for a panel sample of 2688 firms emerging and developed during the period starting from 2002 to 2017. We found that for the full sample, corporate innovation is not mediating between corporate governance and firm performance but in emerging countries defined relationship exists. Akram (2017) proposed a theoretical model for mediating the role of innovation between corporate governance and firm performance. So, we empirically test the mediating model of innovation in our study. This study contributes to the literature by showing defined relationships in emerging countries. This study can be helpful for policymakers, and management to identify the influencing power of innovation in firm value. This study is useful for foreign and local investors to evaluate innovation activities.</p> <p><strong>KEYWORDS: </strong>Corporate Innovation, Corporate Governance, Firm Performance, Two-Step System Dynamic Panel Estimation&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p> Anwar Hussain Mahvish Anwar Copyright (c) 2024 UW Journal of Management Sciences 2024-06-28 2024-06-28 8 1 Factors Affecting on the Purchase Decision of Customers During Covid-19 Pandemic. A Study on Restaurant Industry of Pakistan https://uwjms.org.pk/index.php/uwjms/article/view/192 <p><strong>Purpose:</strong> The current study has determine how word of mouth communication, price of a product and brand image, have influenced customers’ purchase decisions within the Pakistani restaurant industry during the Covid-19 pandemic. In other words, the research has examined the impact of word-of-mouth (WOM) communications, brand image, product price on the customers’ purchase decisions, especially under crisis situations like the Covid-19 pandemic, where the restaurant businesses of Pakistan were found to face numerous challenges in the form of loss of revenues, loss of jobs, and even closure of businesses.</p> <p><strong>Design and Methodology:</strong> Quantitative methodology was utilized and multiple regression analysis has been used to determine the impact of WOM communications, price, and brand image on the customers’ purchase decisions.</p> <p><strong>Findings: </strong>The findings of this research have shown that customers’ purchase decisions within the Pakistani restaurant industry were indeed influenced by WOM communications, brand image, and product price.</p> <p><strong>Implications:</strong> The results of this study will help restaurant businesses in Pakistan to survive the challenges that were created by the pandemic, both before and after the lockdowns. </p> Dr.Rubina Jabeen Hassaan Elahi Dr. Mukhtar Shehu Aliyu Copyright (c) 2024 UW Journal of Management Sciences 2024-06-28 2024-06-28 8 1 Reducing the Intergenerational Conflict between Generation Y and Generation Z through Creating a Culture of Mutual Respect https://uwjms.org.pk/index.php/uwjms/article/view/197 <p><strong>Purpose: </strong>The purpose of the study is to understand the Intergenerational conflict between Generation Y and Z which arises among them due to differences in their work values. This study also helps to determine the impact of creating a culture of mutual respect to reduce generational conflict.</p> <p><strong>Methodology: </strong>The data of the study was collected from Higher Education Commission in the form of dyads. These dyads were representing Generation Y as supervisor and Generation Z as subordinates. The data was collected in a non-dyadic method (separate interviews were conducted with supervisors and subordinates). The purposive sampling technique was used with two criteria</p> <p>i.e. Organizational Structure and Age. Ten interviews were conducted with the respondents which were classified into four dyads. For analysis, Framework Metrix Method was used in the Nvivo 14.</p> <p><strong>Findings: </strong>The results of the study indicate that generational conflict exists between Generation Y and Z due to differences in their working values and a culture of mutual respect plays a positive role in curbing this conflict. The Thematic Analysis was performed by using Framework Metrix Method to identify the main and sub themes. The three main themes represented some overlaps and contrast in the summarized data of dyads. The maximum overlap is observed between Generation Y and Z in the sub themes of ‘Fostering a Culture of Mutual Respect’.</p> <p><strong>Implication: </strong>The maximum age of generation Z is 27 years, and they are entering into Pakistani workforce. Hence, this study may provide useful comprehensions to the organizational leaders to handle the young generation.</p> Sadia Bukhari Dr. Muhammadi Sabra Nadeem Copyright (c) 2024 UW Journal of Management Sciences 2024-06-28 2024-06-28 8 1 The interplay of Ownership, Governance, and Capital structures with Firm Performance: Insights from the Manufacturing sector in Pakistan https://uwjms.org.pk/index.php/uwjms/article/view/201 <p><strong>Purpose:</strong> This study investigates the effect of ownership control size and corporate governance mechanisms on the performance of the Pakistani manufacturing sector</p> <p><strong>Design and Methodology:</strong> The study uses input and output characteristics as predictors to evaluate efficiency performance through the use of data envelopment analysis (DEA). It uses Ordinary Least Squares regressions to look at the association between ownership control size, corporate governance characteristics, and efficiency performance using a panel dataset that spans from 2001 to 2022.</p> <p><strong>Findings: </strong>The results imply that the differences in cash flow, seat control, and voting rights have no effect on how efficiently businesses operate in Pakistan. However, there is a strong positive correlation between performance efficiency and organisational size and corporate governance characteristics.</p> <p><strong>Implications:</strong> The results suggest that investors, especially those who are minority stakeholders, should proceed with prudence when making investments in companies whose control and ownership are not aligned. In theory, this research adds to the body of knowledge by validating results from past studies on the success of businesses in a neglected area like Pakistan. We also take into account effect variables that go beyond the data that is currently available.&nbsp; All things considered, this study contributes to increased trust about the importance of ownership structure, size, and corporate governance factors in companies that are subject to market supervision.</p> Muhammad Haroon Rasheed Muhammad Shahid Rasheed Rabia Farooq Copyright (c) 2024 UW Journal of Management Sciences 2024-06-28 2024-06-28 8 1 Ethical Leadership and Employee Dynamics: A Study of Creativity and Turnover Intentions in the Manufacturing Industry of Pakistan https://uwjms.org.pk/index.php/uwjms/article/view/191 <p><strong>Purpose:</strong> This study examined Ethical Leadership from the perspective of its two important aspects: creativity and Turnover Intention. This research provides one of the fundamental main truths in creating and maintaining a culture of creativity and reducing the increasing trend of Turnover Intention for every type of organization.</p> <p><strong>Design and Methodology:</strong> This current study population frame include the manufacturing firms operating in Rahim Yar Khan. The study population are 1000 respondents from the manufacturing firms operating in the Rahim Yar Khan district. According to the Sekaran table, the sample was 440. A cross-sectional approach was used to collect data about ELEL, employee behavior (creativity &amp; TOI), employee feelings (PCPC &amp; voice), and leader moral conviction. SPSS was used for analysis.</p> <p><strong>Findings:</strong> The findings showed that moral Leadership encourages employee creativity and revealed a significant link between employee innovation and moral Leadership. This study has also adequately shown how ethical Leadership affects employee innovation and found that ethical Leadership had a substantial impact on employees' intentions to quit their jobs. </p> <p><strong>Implications:</strong> Ethical Leadership is essential to fostering a sense of dedication and involvement among workers at the workplace. The study contributes to our understanding of the factors influencing employee turnover intentions in Pakistan's manufacturing sector.</p> <p><strong>Keywords:</strong> Ethical Leadership, Employee Creativity, and Turnover Intention,</p> Dr Aemin Nasir Zarmeena Anum Umair Traiq Copyright (c) 2024 UW Journal of Management Sciences 2024-06-28 2024-06-28 8 1 The Effect of Corporate Social Responsibility on firm payout policy: Role of shariah compliance in Pakistan https://uwjms.org.pk/index.php/uwjms/article/view/213 <p><strong>Purpose:</strong> This study investigate the impact of CSR performance on firm dividend pay-outs. This study also investigates the direct and interacting role of firm Shariah compliance status on dividend pay-out. The majority of the research on the subject of how corporate social responsibility affects a firm's performance reports inconsistent and even contradictory findings. Moreover, many researchers exhibit that literature on Islamic finance is rare. Therefore, the current study contributes to the existing body of literature by presenting empirical shreds of evidence in emerging country as Pakistan</p> <p><strong>Design and Methodology:</strong> Data for the current study has been collected from the official websites of the Pakistan Stock Exchange, companies’ specific websites, and open doors for the period of 2011 to 2021. The study used OLS, Fixed and Random affect model to investigate the link between the study variables.</p> <p><strong>Findings: </strong>The findings reveal that CSR and SC both have a positive impact on dividend policies, with the interaction between them further enhancing this effect.</p> <p><strong>Implications:</strong> The underlying study is useful for finance managers, policymakers, business analysts, and different academic researchers who find the impact of CSR and SC concerning the dividend pay-out of companies. Furthermore, it provides some remarkable suggestions for business stakeholders.</p> Yasmeen Akhtar Bisma Waris Malik Copyright (c) 2024 UW Journal of Management Sciences 2024-06-28 2024-06-28 8 1