SEISENSE Journal of Management
SEISENSE Journal of Management (SJOM) peer-reviewed and published as Bi-Monthly (six issues in a year), is committed to publishing scholarly empirical and theoretical research articles that have a high impact on the management field as a whole. SEISENSE JoM covers domains such as Business strategy & policy, OB, HRM, Organizational theory, Entrepreneurship, Innovation and Technology Management, and Tourism Management.
Articles
28
Articles
Idea of Collateral and Guarantor in Islamic Bank Financing

Adamu, Idris Yahaya

SEISENSE Journal of Management Vol 1 No 5 (2018): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED

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Abstract

This study explores the idea of Islamic banks requesting for collateral or guarantee when financing, the rationale for requesting loan security, and its acceptability from Islamic perspectives. The study reviewed the previous literature and Islamic injunctions to study and justify the use of collateral and guarantor to hedge the risk of financing default. It is found that Islamic banks like conventional banking system encourage requesting loan security to ensure borrowers’ commitment and protect investors’ wealth. Despite its effect on loan rejection, secured loans are found to be recovered more easily than unsecured loans. Government and Islamic banks are therefore advised to device mean for helping small-scale businesses to access financing, through credit guarantee schemes and participatory financing mechanisms, to enhance financial inclusion.

Determinants of Adolescents Well Being

Ali, Sheeba

SEISENSE Journal of Management Vol 1 No 5 (2018): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED

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Abstract

Well-being is a dynamic concept that includes subjective, social, and psychological dimensions as well as health-related behaviors. Adolescents form two-thirds of our population, this is a unique group of people with special needs. The study aims to identify the lifestyle and behavioral patterns of this group and subsequently come up with issues that require special attention. The Competitive environment in every field has propelled maladjustment in different spheres of life such as home, social, health, emotion and educational problems. In order to address adolescents’ psychological issues, it becomes everyone’s responsibility to give assistance to protect the future generation.

Jordan Energy Sector Choices and Challenges

Albezuirat, Malek Khalaf, Al-Saraireh, Falah Mustafa, Hussain, Muhammad Iqbal, Ahmad, Rosmaini

SEISENSE Journal of Management Vol 1 No 5 (2018): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED

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Abstract

Energy is the lifeline for the whole of the service and industry sector in any country. Any imbalance in the energy sector is reflected on other sectors and the standard of living in the country. Energy problems are one of the most complex challenges facing governments. Especially in countries that rely on external energy sources. This situation is increased complexity by the presence of immediate changes in international relations and in fuel prices. Jordan is among the countries that depend on foreign energy sources and is located in the most volatile regions of the world in middle of the Middle East. Jordan is suffering from a permanent energy crisis that needs solutions which are compatible with many factors that may affect energy choices and decisions and alternatives available to get out of this crisis. Therefore, this study will attempt to focus on the Jordanian situation and identify the challenges and available choices. A comparison will be made of the available alternatives through Analytical Hierarchical Process (AHP). The results show that the priority of the energy solutions is to expand the mining of uranium and shale as well as to expand the construction of renewable power plants, as well as maintenance and modernization of existing plants and the establishment of new refineries.

Effect of Dividend Policy on Firm’s Performance: A Case Study of Cement Sector of Pakistan

Rahman, Abdur

SEISENSE Journal of Management Vol 1 No 5 (2018): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED

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Abstract

The basic aim of this study is to investigate that whether the dividend policy makes an impact on the firm performance in Pakistan specially in cement sector. Data used have been collected from annual reports of the sample companies and website of Pakistan Stock Exchange from 2012 to 2016. The results of OLS indicate that there is an insignificant positive relationship between return on equity (ROE) and Dividend per share (D.P.S) which imply that by increasing cost dividend per share, return on equity increases for the selected companies. Furthermore, a significant positive relationship between earning per share (EPS) and return-on-equity (R.O.E) was found. In the case of firm size, significant relationship was found with ROE and financial leverage showed an insignificant relationship with firm performance (R.O.E). Hence this study supports the relevant theories of dividend policy.

Programming Ethics in Self-Driving Cars: Ethical Dilemma

Hassan, Najam Ul

SEISENSE Journal of Management Vol 1 No 5 (2018): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED

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Abstract

Self-driving cars promise to revolutionize the automotive industry. Besides being productive and fuel-efficient, they would be significantly safer than the human-operated cars. However, in the rare case when they do get into an accident, they can calculate and opt for the reactive measure to take based on their programming. The manufacturer, it seems, must decide the ethics that self-driving cars should follow in such scenarios. In circumstances where they must choose between the lives of the passengers and the pedestrians, some researchers have argued that the best solution is to choose for the safety of the passengers over the pedestrians. Such a strategy, they argue will make sense as cars will have better control over the passenger and, therefore, will help in faster adoption of self-driving cars. However, this line of thinking seems simplistic at best. The author suggests areexamination of the ethical issues while taking into account the social and technological aspects as well.

Ransomware Attack on Medstar: Ethical Position statement

Hassan, Najam Ul

SEISENSE Journal of Management Vol 1 No 4 (2018): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED

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Abstract

Medstar Health was the target of ransomware attack in 2016. The attack impacted the provision of healthcare services to the patient. Medstar opted not to pay the ransom and, instead, responded by shutting down its electronic medical record (EMR) systems and restoring the data from the backups. The paper analyzes the event, Medstar’s response and its negligent behavior that allowed the vulnerability to be exploited. The author provides an ethical position statement and recommendation to reduce the chances of any future attacks.

Total Quality Management Practices and Supply Chain Management: Understanding Linkages from the Logistics Sector of Pakistan

Ameer, Muhammad Saad

SEISENSE Journal of Management Vol 1 No 4 (2018): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED

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Abstract

The study is an outcome of a conceptual framework that establishes the relationship between the total quality management (TQM) practices and supply chain management (SCM) practices. The six TQM practices have taken from the Malcolm Baldrige National Quality Award (MBNQA). These practices are leadership, strategic planning, customer focus, human resource management, process management, and information analysis. The result is based on the logistics sector in Pakistan. Data is collected from 270 operation manager and top management. Multiple regression analysis is used to derive the results from the collected data. The result shows the strong relationship between the variables. Leadership, strategic planning, customer focus, and human resource management relationship with SCM was found significant. However, process management and information analysis were insignificant relationships with SCM. This study can be used for the implementation of both the systems – TQM and SCM in the organization to drive better results.

Bitcoin and its Legality from Shariah Point of View

Abubakar, Yusuf Sani, Ogunbado, Ahmad Faosiy, Saidi, Mpawenimana Abdallah

SEISENSE Journal of Management Vol 1 No 4 (2018): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED

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Abstract

Bitcoin is a type of cryptocurrency and the most successful in blockchain management.  It has become famous in recent years. The critical aspects of cryptocurrency are its legitimacy, source of money laundering, tax evasion, lack of regulation etc. The aim of this study is to explore the view of Muslim scholars on the legality of bitcoin with respect to Shariah. The study adopts doctrinal approach which utilizes descriptive approach of qualitative research methodology which relies on secondary data in form of text books, journals, newspapers, related websites etc. The study found that Muslim scholars are divided on the issue. A part of them completely rejected bitcoin and considered it against Shariah principles. On the other hand, some Muslim scholars believe bitcoin does not contradict Islamic principles and therefore may be used, however with certain conditions. The researchers tend to support the proponents’ view as most of the opponents’ grounds for the rejection are temporary in nature which may be covered through policy regulations. 

Post-Merger Corporate Performance: A Case of NIB Bank Pakistan.

Batool, Fareeha, Naeem, Misaal

SEISENSE Journal of Management Vol 1 No 4 (2018): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED

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Abstract

This study measures whether the mergers generate efficient, trustworthy and wide-ranging capital base for the bank that completely comprised mergers and to what range mergers of banks increase the confidence of the investors, the customers, the shareholders and capacity to finance the real time sector. For the purpose total 9 ratios under profitability ratios and other ratios applied on key financial figures to analyze the selected bank performance. Key figures were taken from the website of the NIB bank. Data was taken from 2004-07 before merger and 2008-12 after the merger.

Reflections from Dr. Nick Bontis Scholarly Contributions in the Field of Learning Organization.

Ameer, Muhammad Saad

SEISENSE Journal of Management Vol 1 No 4 (2018): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED

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Abstract

The work of Nick Bontis divided into following categories 1. Intellectual capital management which refers to knowledge of a companys employees collectively. Dr. Nick develops a matrix of intellectual capital. 2. Organizational size and Knowledge flow, it describes the flow of information and technical knowledge with respect to learning. Dr. Nick explains the knowledge flow in up and down stream according to the size of organization 3. The organizational learning process in different setting e.g. Group learning and individual learning and their outcomes in diverse cultures. The group learning is more result oriented and cost effective instead of investing on individuals. 4. Managing organizational learning system Aligning Knowledge flow and stock of knowledge. 5. The theory of resource base view of the firms, describe the utilization of resources as competitive advantage. Resources are divided into tangible and non-tangible.  This writes up is an effort to explore the areas he has contributed.