Year 2016 , Volume  5, Issue 3, Part 4
1Stock Market Capitalization, Capital Formation and Growth Evidence from Saudi Arabia
NASIR ALI, MOHAMMED ZIAUR REHMAN and NAJEEB MUHAMMAD NASIR
Pages: 1163-1174
Details (1103)
This study investigates the relationship between stock market capitalization and economic growth in Saudi Arabia. The study encompasses capital formation in a trivariate system for the period covering 1985 to 2012.The study employed the unit root tests and applied Johansen co-integration to investigate cointegration among the variables under study.Granger causality test is employed to identify the direction of causality among the variables. Vector Autoregressive Model reveals the existence of relationship between economic growth and stock market capitalization. The results of Granger causality tests manifest that stock market capitalization and capital formation causes economic growth in the Kingdom of Saudi Arabia. Further the stock market capitalization also causes the capital formation in the economy. Based on these outcomes, it can be cogently deduced that further development of Saudi stock market shall go a long way to substantiate the pace of the growth of the economy. Key Words: Saudi Arabia, Stock market development, economic growth, Causality, VAR.
2Work Family Conflict, Work Family Support and Turnover Intention
SITI NUR ALWANI AZHAR, SHARIFAH FAZIRAH SYED AHMAD and ERNE SUZILA KASSIM
Pages: 1175-1190
Details (1276)
Work-related stress and work-family conflict (WFC) have been attracting many to study their effects on employee’s turnover intention. WFC can be defined as a form of inter-role conflict in which the pressures from work and family domains are mutually incompatible in some respect. The demands from work and family have been increasing, which in turn increase the intention to turn over the job. The study aims to examine the relationship between work-family conflict and turnover intention among academicians at the Malaysian higher academic institutions. Using a survey method, it was found work interferes with family conflict (WIF) influences turnover intention higher than family interferes with work (FIW). The findings also show WFC has significant and positive relationship with turnover intention. Work-family specific supports consist of family supportive supervisor behavior (FSSB) and family supportive coworker behavior (FSCB) has been found to act as the moderators to buffer the relationship between WFC and turnover intention. Implications and future research recommendations including the needs for work-life balance promotion are discussed. Key Words: Work Family Conflict (WFC), Work Family Support (WFS), Turnover Intention, Work Interferes With Family (WIF), Family Interferes With Work (FIW), Work Life Balance, Supervisor Support In The Workplace, Family Support Behavior.
3Impression Management and Its Interaction with Emotional Intelligence and Locus of Control: Two-Sample Investigation
TAREK A. EL BADAWY, ISIS GUTIERREZ-MARTINEZ and MARIAM M. MAGDY
Pages: 1191-1203
Details (1160)
The art of self-presentation is inherently important for exploration. Tight markets and fierce competition force employees to think about presenting themselves in the best way that ensures their continuous employment. In this study, an attempt was made to compare between employees of Mexico and Egypt with regard to the types of impression management strategies they use. Interactions between impression management, emotional intelligence and locus of control were also investigated. Several significant insights were reached using the Mann-Whitney U test. Further analyses, implications and future research recommendations are provided. Key Words: Self-Presentation; Emotions; Perception; Comparative Study; Middle East; Latin America.
4Audit Client Perspectives on the Influence of External Auditors Characteristics on Audit Service Quality: Evidence from Libya
IZLAWANIE MUHAMMAD, KALSOM ABD. WAHAB and MARIAM MOFTAH AMMAR
Pages: 1204-1222
Details (1166)
The recent collapse of several companies in the last two decades has called to question the integrity of the audit profession and resulted in a decline in shareholders' confidence in audited financial statements. To restore the confidence of shareholders, it is crucial to improve audit service quality by investigating the factors that might influence it. While previous studies have mainly focused on perceived audit service quality from the perspectives of auditors and external stakeholders, the issue of perceived audit service quality by the clients is also highly relevant. This is because the clients are able to give unbiased opinions on the level of audit service quality. However, the auditing literature lacks qualitative insight from audit clients on the factors that might influence the audit service quality. Therefore, the purpose of this paper is to report the perceptions of the listed companies' staff in Libyan Stock Market (LSM) concerning how they perceive the influence of auditor’s reputation, auditor’s independence, auditor’s tenure, and auditor’s Islamic ethics on audit service quality in Libya. A total of 10 semi-structured interviews were conducted and then analyzed using content analysis. The results revealed that the interviewees generally believed that auditor’s independence and auditor’s Islamic ethics have an important influence on audit service quality in Libya. However, auditor’s reputation was perceived by interviewees not to have any influence on the level of audit service quality in the same context. Finally, the results indicated that the majority of the interviewees perceived that the length of auditor’s tenure has a negative influence on audit service quality in Libyan market. It is suggested that the professional body concerned namely, the Libyan Accountants and Auditors Association (LAAA), should be more active in controlling, guiding, and supervising its members and providing legal support to the factors that impact audit service quality, such as auditors’ independence, tenure, and Islamic ethics. Key Words: Audit Service Quality, Auditor’s Reputation, Auditor's tenure, Auditor’s Independence, Auditor’s Islamic Ethics, Libyan Stock Market.
5Multiple Arc Network Model for Scheduling in a Single-stage, Multi-item Compatible Process
BOKKASAM SASIDHAR
Pages: 1223-1231
Details (625)
The problem of scheduling a given set of equipments in a single-stage, multi-item compatible environment, with the objective of maximizing capacity utilization is formulated as a maximal flow problem in a Multiple Arc Network (MAN). The production is usually planned against customers’ orders, and different customers are assigned different priorities. The model aims to provide optimal production schedule with an objective of maximizing capacity utilization, so that the customer-wise delivery schedules are fulfilled, keeping in view the customer priorities. Algorithms have been presented for solving the MAN formulation of the production planning with customer priorities. The suitability of the algorithms has been demonstrated with small examples. Key Words: Scheduling, Maximal Flow Problem, Multiple Arc Network Model, Optimization.
6Impact of Humor in Advertising on Consumer Purchase Intention: A Study on Ufone Network from Telecommunication Sector in Pakistan
HAMID MEHMOOD and SAAD MASOOD
Pages: 1232-1240
Details (6611)
The aim of this study it finds out the impact of humor in advertising on consumer purchase intention in Ufone network out of telecommunication sector of Pakistan. Data was collected through questionnaire on five point Likert scale from 200 respondents conveniently from the users of telecommunication sector of Pakistan. This is the descriptive study. The researcher uses the probability and convenience sampling techniques for the collection of data. Correlation and regression were used as statistical test of data. SPSS are used to analyze the data. Through analysis it was found that humor in advertising has significant impact on consumer purchase intention. To improve the relations with purchase intention and humor in advertising in Pakistan are the major factors in this study. The purpose of this research is to determine the impact of humor in advertising on consumer purchase intention. The nature of this study is descriptive. The concept of humor in advertising are associated with consumer purchase intentions. Key Words: Humor, Eye Tracker, Advertisement, Telecommunication Sector, Purchase Intention.
7Analyzing the Role of Information Technology (IT) and Security in Tourism Industry
SEYED FATHOLLAH AMIRI AGHDAIE and MILAD KATEBI
Pages: 1241-1255
Details (657)
Tourism is the most popular and greatest industry in the world. This industry is also expected to be the leading industry in the 21st century, and its developing trend to be continued. Tourism is a great economic, social and environmental power and of course, it is quite a political phenomenon. Security and IT are two important and effective elements on tourism industry. Through mutual interactions, security and tourism can have improving effects or even declining effects, i.e. increasing or decreasing security shall promote or decline tourism, and vice versa. Hence, tourism has direct relations with the aspect of security. On the other hand, according to the increasing growth of the number of internet users, and since tourism industry has proper role and importance in different approaches of a country, we should use new technologies in this industry. Electronic instruments and internet have established extraordinary changes in all the chains in distributing tourism services. The aim of this article is analyzing the relation between security and IT on tourism in the city of Shiraz in Iran, and 200 questionnaires were randomly distributed between foreign tourists, who came to Shiraz during summer 2015. The research results showed that there is a positive and significant relation between IT and tourism. Key Words: Security, Information Technology, Electronic Tourism.
8High Commitment Compensation Practices and Employee Turnover Intention With Mediating Role of Job Satisfaction
HAMID MEHMOOD and SYED IFTIKHAR-UL-HASSAN
Pages: 1256-1267
Details (1008)
In that research explain the impacts of HCP (high commitment practices) or HCHRMP (high commitment human resource management practices) on the employee’s turnover intention ratio as well as job satisfaction of employees. That research conducted on the DEN TEXTILES group of mills in Pakistan as sector selected. HCP have positive relationship with job satisfaction as well employee turnover because if HCP are good then employee fee proud and also turnover intention rate of employees decreased. Future more, that study shows job satisfaction of employee playing role as a mediator variable whereas HCP is independent and turnover intentions as dependent variable. Sample data of DEN textiles mills the total is 300 selected people for collection data with the help of questionnaire. That results show that job satisfaction as a mediator but it has positive likelihood to the HCP and employee’s turnover intentions ratio in the DEN textiles group of mills. That’s why these all the variables are interrelated to each other, if we want to check out the performance level of that industry then must be fast focus on these variables such as HCP or HCHRMP, job satisfaction and employee’s turnover intention ratio. Key Words: High Commitment Compensation Practices (HCP) or (HCHRMP); Job Satisfaction; Turnover Intention of Employees.