Role of Personality and Psychological Attributes of Financial Managers in Capital Budgeting Decisions: Case of Spinning Industry of Pakistan
The current study aims to investigate the role of personality and psychological attributes of finance managers in the success of their capital budgeting decisions in the industrial sector of Pakistan. For said purpose, we employ a sequential explanatory mixed-method research design. First, the MBTI scale is used to explore the personality traits of the managers working in spinning firms. Then based on the result of the MBTI scale, ten financial managers were selected for semi-structured interviews. NVIVO 11 was used to perform qualitative data analysis. It is established from the results of thematic analysis; the commander is the most effective personality trait of managers for the successful capital budgeting decisions followed by executive, defender, virtuoso, and logistician. Further, the present study also establishes a significant connection between the personality traits of successful managers and their Psychological attributes.
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Personality and Psychological Attributes of Managers, Capital Budgeting Decisions and Sequential Mixed Method Research
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(1) Nisar Ahmad
Assistant Professor, Hailey College of Commerce, University of the Punjab, Lahore, Punjab, Pakistan.
(2) Bilal Nafees
Lecturer, Department of Economics and Business Administration, University of Education, Lahore, Punjab, Pakistan.
(3) Safyan Majid
Lecturer, Department of Commerce and Finance, Government College University Lahore, Lahore, Punjab, Pakistan.
Efficient Management of Financial Resource and Constraints in Implementation of Budget at Secondary Schools
Financial resources and allocations play a pivotal role in improving the learning and teaching system in any country. In that context, this study aims to explore the perceptions of secondary head-teachers relating to Budgetary Allocations and Financial Constraints in the context of Effective Management. A qualitative research method was employed in which semi-structured interviews were conducted with 40 head-teachers working in secondary schools. The result from the interview data shows that the majority of the head-teachers were not satisfied with the budgets and funds provided to the schools, and found aspects of the procedures employed to be unhelpful. There was a tendency to expect more of schools on diminishing budgets and difficulties in being able to spend allocations efficiently and effectively for the maximum benefit of learners. The keys issues are identified and some positive ways forward suggested.
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Head-Teacher, Budget, Constraint, Management
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(1) Nasrin Akhter
Assistant Professor, Department of Educational Research and Assessment, University of Okara, Punjab, Pakistan.
(2) Abdul Majeed Khan
Assistant Professor, Department of Educational, University of Mianwali, Punjab, Pakistan.
(3) Abdur Rehman
Professor,Department of Teacher Education,Qurtuba University, D.I.Khan, KP, Pakistan.
The Politics of Opposition: A Critical Analysis of Financial Legislation in Pakistan (2013-18)
In a parliamentary democracy, the opposition has a significant role in the parliament. This research article analyzes the role of opposition benches in finance bills presented on the floor of the National Assembly in the PML-N government from 2013-2018. It thoroughly investigates the debates of the members of the opposition benches made on all the budget bills in the period 2013-18. Moreover, the suggestions and amendments put forward by the members of the opposition parties are also critically analyzed.This study has carried out under a qualitative research design. The descriptive-analytical method is adopted for the analysis of data. This research shows that the opposition benches had actively participated in the budget bills through debate and cut motions. It had also criticized those policies of the government which are against the welfare of the common people, particularly the imposition of new taxes. It further finds that the opposition parties did the contrary when they came in power.
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Opposition, Budget, Debate, Cut Motions, Amendments
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(1) Muhammad Adil
Visiting Assistant Professor, International Islamic University, Islamabad, Pakistan.
(2) Manzoor Khan Afridi
Associate Professor, International Islamic University, Islamabad, Pakistan.