Department of Management Science

Permanent URI for this communityhttps://repository.cuilahore.edu.pk/handle/123456789/20

Browse

Author: search.filters.author.Dr. Syed Atif AliSubject: search.filters.subject.SP20

Search Results

Now showing 1 - 3 of 3
  • No Thumbnail Available
    Item
    Relationship of Financial Planning, Financial Stressors, and Financial Satisfaction; The Moderating Role of Financial Self-efficacy
    (Library Information Services COMSATS University Islamabad Lahore Campus, 2023-02-09) Zainab Kanwal; SP20-RPM-015; Dr. Syed Atif Ali; LHR TP 8768
    With the ever-increasing inflation in the country, people are always stressed about their expenses which often leads to increased financial stress and low financial satisfaction. Financial stressors and decreased financial satisfaction cause low quality of life and significantly impact the overall family especially the marital relationships which in some cases leads to divorce. Due to high living expenses and increased financial stress people are forced to work overtime which causes detrimental impact on the health of the individuals. The purpose of this research is to determine whether financial self-efficacy or the application of financial planning techniques can both increase financial satisfaction under the same types of financial stressors. Financial stressors, financial planning, financial satisfaction, and financial self-efficacy were all examined in the study. The goal of the study is to comprehend how these variables interact and affect a person's level of financial satisfaction. In this study, the hypothesis is tested using a quantitative method. The 28-question survey was created by carefully implementing the scales found in published works. Women who were actively earning money online through platforms like Facebook, YouTube channels, freelance websites, and e-commerce, among others, were given a survey in order to gather credible data for the relationships among financial planning, financial stressors, financial self-efficacy, and financial satisfaction. These findings highlight the beneficial relationship between financial planning and people's level of financial satisfaction. A well-rounded approach that reduces uncertainty and increases financial satisfaction can be implemented by people through budgeting, goal-setting, and efficient spending management. However, there was shown to be a negative correlation x between financial stressors such as debt or unforeseen expenses and financial satisfaction. Improving a person's financial satisfaction requires skillfully handling and lowering these stressors. A significant discovery from this study is the moderating function of financial self-efficacy. Individuals with higher financial self-efficacy are more likely than those with lower levels to accomplish their goals and deal with financial challenges in an effective manner. It has been observed that financial self-efficacy reduces the detrimental effects of financial stressors, which eventually raises financial well-being and satisfaction. This study emphasizes the need for a thorough financial planning strategy, identifying and resolving financial stressors, and taking up the empowering impact of financial self-efficacy in order to improve financial well-being and satisfaction.
  • No Thumbnail Available
    Item
    Major Reasons of Delays in Construction of Public Sector Projects: A case of Pakistan
    (Library Information Services COMSATS University Islamabad Lahore Campus, 2023-02-09) Muhammad Naeem Akhtar Janjua; SP20-RPM-001; Dr. Syed Atif Ali; LHR TP 8766
    The construction industry is a vital factor for the development of any country. It is a significant contributor in the economy and providing employment opportunities. The global significance of the construction industry is so high that its market size reaching trillions of dollars. This study specifically focuses on the causes of delays in construction sector projects, particularly in the Public Sector of Pakistan. The findings reveal that delays in public sector construction projects in Pakistan are influenced by political, bureaucratic, financial, technical, and managerial issues. To minimize these challenges, the study proposes measures such as effective project management, streamlined approval processes, skilled workforce development and transparent financial practices. Timely completion of construction projects especially in Public Sectors of Pakistan can contribute more efficiently to the country's development.
  • No Thumbnail Available
    Item
    The Impact of Financial Inclusion on Poverty Alleviation: Moderating and Mediating Effect
    (Library Information Services COMSATS University Islamabad Lahore Campus, 2023-02-09) Farooq Ahmad; SP20-RMS-016; LHR TP 8763; Dr. Syed Atif Ali
    Purpose: The main purpose of this study is to examine the impact of financial inclusion on poverty alleviation with moderating effect of microfinance and mediating effect of financial literacy Design/methodology/approach: In order to fulfil the objectives of the study, primary data were collected from 300 users of microfinance banks using multistage stratified convenience sampling technique. Respondents are the people who used the microfinance services. They are usually self-employed business owners who operate out of their homes. The PLS-SEM method was used to analyze the data that was gathered for this study. In particular, PLS-Graph (Chin, 2010) and Smart PLS (Ringle, Wende, & Will, 2005), two popular PLS- SEM software programs, were used for the analysis and output display. Findings: Study results reveals that financial inclusion positively affects poverty alleviation and this effect is further enhanced by the presence of microfinance and financial literacy. The relationship between financial inclusion and poverty alleviation is represented by the mediating effect of financial literacy. Originality/Value: The study makes contribution towards financial inclusion literature relating to poverty alleviation and fulfils the research gap to some extent by assessing the impact of financial inclusion on poverty alleviation through microfinance and financial literacy. This paper can help the policymakers and other stakeholders of microfinance banks in promoting banking habits among poor rural households at the national level. Limitations: The cross-sectional data used in the study may make it more difficult to establish causal linkages because temporal fluctuations in the variables are not well represented. Data constraints, such as the lack of current and reliable financial literacy x information, may have an impact on how precise the study's conclusions are. It may have overlooked qualitative details that could have added to a thorough comprehension of the intricate relationships between the variables. The study may oversimplify the complex dynamics at work by failing to account for the wide variety of microfinance programs and their differing effects on the variables listed.