Journal of Management and Administrative Sciences (JMAS)

Complexity of Adoption: An ISM Model of Impediments for Social Responsibility Investment in Pakistan

Ayesha Shehzad, Kanwal Iqbal Khan, Shahid Mahmood — Mon, 30 Jun 2025 00:00:00 +0100

Sustainable practices significantly reduce carbon footprints, climate change, and the toxic pollutants released into the atmosphere. Socially Responsible Investment (SRI) practices are emphasized and are required immediately. The concept of SRI was introduced and is becoming increasingly widespread. Still, this practice is hindered at the different stages of its adoption. The present study aims to identify the impediments to implementing the SRI system. The study is conducted in two basic steps: extensive literature review and ISM model formation. A panel of 13 experts was used to finalize the list of 15 impediments further used in ISM. MICMAC analysis was used to classify the impediments in different clusters based on their dependence and driving powers. After analyzing the contextual relationships of the impediments of SRI, a hierarchical model was formed, presenting the different levels of the barriers. The findings revealed that lack of investors’ confidence, high implementation cost, communication gaps, lack of state support, unclear environment protection laws, and complex regulatory frameworks are the foremost impediments to the SRI implementation system. The identified impediments of SRI can be helpful for the establishment of sustainable projects for making policies and regulatory frameworks. Individual investors can benefit from this study by analyzing the impediments of SRI and making their investment portfolios accordingly.

The Impact of GHRM Practices on Organization Sustainability: An Empirical Evidence from the Textile Industries of Pakistan

Abdul Sami, Umair Manzoor, Asmara Irfan — Mon, 30 Jun 2025 00:00:00 +0100

The goal of this research is to combine the HR fields of Green Human Resource Management (GHRM) and organizational sustainability (OS). The purpose of this paper is to assess the impact of GHRM practices in Pakistani textile and manufacturing firms by expanding the scope of knowledgeable research in the field of Green HRM. This study looks into the impact of GHRM (green staff development (GSD), green training and development (GT&D), green reward and compensation (GR&C) practices on organizational sustainability where employee performance (EP) mediate the relationship between them. The sample size was 204, and primary data was collected from HR managers and executives in Pakistan's textile industry via survey questionnaire. Data analysis was performed using the SMART PLS and SPSS. The study's findings show that GHRM practices has a significant impact on organizational sustainability. The study's findings support the idea that employee performance can act as a buffer between GHRM practices and organizational sustainability.

Disaster Shocks and Equity Market Behavior: Moderating Role of Asset Tangibility

Hafiza Muntaha Khalid, Sadia Farooq — Mon, 30 Jun 2025 00:00:00 +0100

Natural disasters affect the business activities and consequently investors’ sentiments. The objective of the current study is to examine the effect of floods occurred in 2010 and 2022 on stock returns of manufacturing firms. Multiple regression analysis has been used to test the hypotheses. The results provide evidence of positive effect of 2010 flood and negative effect of 2022 flood on stock returns of manufacturing firms. Various factor contributing to these opposite effects have been described. Moreover, asset tangibility moderates the linkage between natural disasters and stock returns. These results emphasize the importance of flood resilient infrastructure. The results of the study provide valuable insights about the investors’ behavior during different political and economic conditions and guide the policy makers regarding steps to minimize the effect of disasters on investors’ sentiments.

The Role of State in Natural Gas Resource Management and Allocation Policy: The Case of CNG Sector in Pakistan

Muhammad Moin Zafar, Kashif Rathore — Mon, 30 Jun 2025 00:00:00 +0100

Effective resource management is essential for the continued progress and economic growth of any country. Natural gas is one of the resources which fulfill most energy requirements of Pakistan. Since 1990s, Pakistan is facing serious energy crisis which compromised its economic growth seriously. At the same time, the country had to spend hefty amount of foreign exchange on the import of petrol and diesel to fulfill energy requirements of different sectors. In order to resolve these crises and save heavy amount of foreign exchange, the Government of Pakistan introduced Compressed Natural Gas (CNG) an alternative fuel for vehicles in 1992. This paper analyzes official documents and published research to describe the effectiveness of natural gas management by successive governments in Pakistan. Documentary evidence was triangulated with interview data to conclude that although Pakistan has resource potential to cater CNG sector, successive governments since 1990s have not been able to effectively manage the CNG sector. Failure to formulate a sound policy for natural gas management and allocation to different sectors and failure to initiate enough exploration projects were the key reasons identified.

Nexus Between Work Disruption, Work Life Conflict and Psychological Contract Breach: Applying Conversation of Resources Theory

Farida Faisal, Talha Abdul Manan — Mon, 30 Jun 2025 00:00:00 +0100

The purpose of this thesis is to find out if the perverse inter-relationship between Work Disruption, Work-Life Conflict and Psychological Contract Breach can be redeemed through organizational support. Conservation of Resources Theory suggests this nexus as work disruption, job related anxiety and work-life conflict of employees are types of resource loss leading to negative outcome of psychological contract breach. However, COR theory also predicts that resources can be conserved so we have included perceived organization support in our model as a moderator. Target population for the study are public sector employees in Pakistan and sample is of administrative staff in public hospitals of Rawalpindi and Islamabad. Using an instrument with scales previously validated in literature we conducted a survey of 270 employees. We applied SEM using SMART- PLS to test our hypothesis as well as reliability and validity of the instrument in our target population. Our findings reveal that the public sector employees who receive organizational support do not suffer from PCB. We also found that JRA and WD lead to Work-life conflict. However, we did not find mediation or moderation effects to be significant. This means that the mechanism for reducing PCB in our population is straight forward and there is no significant effect, either direct or indirect, of WLC on PCB. WLC happens simply due to JRA and WD in this population. Recommendations to Pakistani public sector mangers and future research directions are given based on these findings.