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1 – 10 of 31Muhammad Ali Asadullah, Ayesha Malik, Muhammad Zia Ul Haq and Ali Haj Khalifa
Labor process theory explains that employers prefer technology and systems over employees for efficiency gains. However, the mechanisms explaining the influence of technology and…
Abstract
Purpose
Labor process theory explains that employers prefer technology and systems over employees for efficiency gains. However, the mechanisms explaining the influence of technology and systems on different work-related employee outcomes are still a question mark. The purpose of this study is to test a mediation mechanism explaining how workforce analytics influence the work fulfillment experience of employees through work volition.
Design/methodology/approach
This study collected dyadic data from 55 HR managers and 350 employees serving in 55 different subsidiaries of Multinational Corporations in Pakistan.
Findings
The statistical results demonstrate that workforce analytics negatively affect fulfillment at work. However, work volition may reduce the negative relationship between workforce analytics and fulfillment at work. This study also found a significant but negative relationship between work volition and fulfillment at work.
Originality/value
This study found that integrating the use of workforce analytics with the work volition of employees is critical for positive employee outcomes.
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Khakan Najaf, Ali Haj Khalifa, Shaher Mohammad Obaid, Abdulla Al Rashidi and Ahmed Ataya
This study aims to look at how financial technology (FinTech) companies adhere to sustainable standards in contrast to their counterparts. Following the validation of its new…
Abstract
Purpose
This study aims to look at how financial technology (FinTech) companies adhere to sustainable standards in contrast to their counterparts. Following the validation of its new sustainability index, this study looks into the impact of sustainability on the stock performance of FinTech companies.
Design/methodology/approach
To efficiently test the hypotheses, sample has been collected from the Bloomberg of all FinTech and non-FinTech companies from the USA. The final sample comprises 1,712 company-year observations over the investigation period 2010–2019. The methodology entails ordinary least squares regressions and generalized panel methods of moments (GMM).
Findings
The results suggest that the developed sustainability index is a valid proxy for sustainability measures and directly relates to stock performance. Besides, the evidence indicates that non-FinTech companies display superior sustainability and stock performance compared to FinTech companies. The present results corroborate with stakeholder theory, which implies that quality sustainability performance will alleviate the agency issue and safeguard the shareholders’ interest.
Research limitations/implications
Despite the fact that it presents the limitation of not considering other dimensions of financial performance, this research is important as it highlights the sustainability practices by the FinTech and non-FinTech companies, offering insights to researchers, policymakers, regulators, financial reports users, investors, environmental union, employees, clients and society.
Originality/value
This paper is novel because it is unique in evaluating the sustainability practices in FinTech and non-FinTech firms.
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Ahmed Raja Ahmed Haj Ali, Kamaruzaman Bin Noordin and Meguellati Achour
The exchange approach in management has viewed employee and employer relationship as a mutual relation, and this notion offers a causal explanation for the exchanges that occur…
Abstract
Purpose
The exchange approach in management has viewed employee and employer relationship as a mutual relation, and this notion offers a causal explanation for the exchanges that occur between employee and employer. The purpose of the paper is to use the notion of “mutual relations” in the employment context to reflect on similar conceptions from the Islamic perspective and to throw light on Muslim obligations in employee–employer mutual relations seeking for benefits and preventing harm.
Design/methodology/approach
This paper draws on observations of other scholars in exchange theories based on reciprocity norm, well-being (maslaha), Islamic spiritual bases (taqwa, seeking for halal), work ethics in Islam and other Islamic teachings play toward understanding the nature of employee–employer mutual relationship from Islamic perspective. Two main social exchange theories (SET) are discussed to give a comprehensive view to the paper’s issue along with the literature reviewed from early Muslim scholars’ works, sayings of Prophet Muhammad PBUM and Holy Qur’an.
Findings
The literature indicates that it is possible to identify common ethical and contractual obligations in the employer’s and employee’s mutual relations from Islamic ideology. Given the paucity of research on employment relations in Islam, the paper offers an original perspective on this topic.
Originality/value
The paper concludes that a Muslim work obligation has to be based on the understanding of the scope and nature of the contract between employee and employer. Allah (The All-Knowing) knows that even if all obligations in employee and employer mutual relations are clear, human error might occur.
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Kheir Al-Kodmany and Mir M. Ali
Globalization has supported the exportation of exotic design and construction of many buildings including skyscrapers. In the past two decades skyscrapers have proliferated across…
Abstract
Globalization has supported the exportation of exotic design and construction of many buildings including skyscrapers. In the past two decades skyscrapers have proliferated across cities all over the world, particularly those in the Arabian Peninsula. Because of their massive bulk and soaring height, these skyscrapers have dramatically altered the urban landscape and city identity. This paper examines the role of skyscrapers in supporting place identity in the Arabian Peninsula. Through case studies, the paper describes and evaluates skyscraper projects. While the “imported” iconic skyscrapers with their flamboyant forms have been transformative in re-imaging cities and their skylines, many of these have been transplanted to these cities with little consideration for local heritage and culture.
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Shadeedha Mohamed Saradara, Juan Carlos Flores Lara, Vikas Swarnakar, Abdul Rauf, Rubina Qureshi, Mutasem El Fadel and Malik Mansoor Ali Khalfan
This study reviews policies, green building regulations, key performance indicators (KPIs) and management methods related to construction and demolition waste (CDW) in the United…
Abstract
Purpose
This study reviews policies, green building regulations, key performance indicators (KPIs) and management methods related to construction and demolition waste (CDW) in the United Arab Emirates (UAE). It aims to develop a holistic framework based on the 3R (reduce, reuse and recycle) principles to assess the current status of circular economy (CE) deployment and identify key determinants for efficient CDW management.
Design/methodology/approach
A mixed-method approach was used, including desk-based searches, systematic literature reviews and searches of official government websites to review existing CDW management policies and methods in the UAE. Scholarly databases were reviewed to identify CDW management challenges from a 3R perspective. A conceptual CE framework based on the 3R principles was developed using the study's findings.
Findings
The study provides a comprehensive review of CDW management in the UAE, analyzing associated management challenges in the construction sector. It proposes a holistic 3R principles-based framework, emphasizing strategic steps in the building lifecycle, site waste management (SWM) plans, drivers for circular construction and systematic adoption guidelines for effective CE deployment to achieve sustainable CDW management in the UAE construction sector.
Originality/value
This study explores existing policies and challenges in CDW management in the UAE and offers a 3R principles-based framework for CE deployment in the construction sector. It provides valuable insights for manufacturers of recycled products and for integrating circularity into construction projects’ design and procurement processes.
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Abdulsamad Alazzani, Yaseen Aljanadi and Obeid Shreim
Drawing on servant leadership theory, this study aims to investigate whether the presence of royal family members on boards of directors impacts corporate social responsibility…
Abstract
Purpose
Drawing on servant leadership theory, this study aims to investigate whether the presence of royal family members on boards of directors impacts corporate social responsibility (CSR) reporting.
Design/methodology/approach
CSR scores from a Bloomberg database are used and royal family data are collected from annual reports. The required analyses to test the hypotheses of this study have been performed.
Findings
The findings demonstrate a positive relationship between the presence of royal family directors and CSR reporting.
Originality/value
This study seeks to contribute to the literature on servant leadership theory and CSR by highlighting the impact of royal family directors on CSR reporting. This study may also contribute to an understanding of royal family leadership as a predictor of CSR reporting.
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Rusni Hassan, Noor Mahinar Abu Bakar and Noor Haini Akmal Abu Bakar
Using the notion of sustainable impactful strategies for waqf management, this study examines the governance and best practices on idle waqf management by the Malaysian States…
Abstract
Using the notion of sustainable impactful strategies for waqf management, this study examines the governance and best practices on idle waqf management by the Malaysian States Islamic Religious Councils (SIRCs) in selected states like Penang, Perak and Kuala Lumpur. The waqf management of the SIRCs is also assessed based on the model framework countries such as Singapore, Kuwait and United Arab Emirates (UAE). The findings of this chapter indicate that ineffective administration and management on waqf have hindered its development and expansion in Malaysia. Also, an effective and robust governance framework based on Shariah could and should be implemented to ensure that waqf in Malaysia are managed effectively to gain socio-economic sustainability of Muslim communities. The findings of this chapter will fill the research gap on good governance and best practices in waqf administration and management as a way forward for Malaysia by providing a way forward for SIRCs and policymakers in Malaysia, to enhance the performance of waqf entity using selected other countries as model framework of good governance and best practices. Furthermore, an emphasis on good governance and best practices is important to attract waqf donors. It is imperative to note that to date, there is no qualitative study that compare the impact of good governance and best practices on the management of waqf by selected SIRCs in Penang, Perak and Kuala Lumpur to Singapore, Kuwait and UAE as model framework countries.
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Lars Mjøset, Roel Meijer, Nils Butenschøn and Kristian Berg Harpviken
This study employs Stein Rokkan's methodological approach to analyse state formation in the Greater Middle East. It develops a conceptual framework distinguishing colonial…
Abstract
This study employs Stein Rokkan's methodological approach to analyse state formation in the Greater Middle East. It develops a conceptual framework distinguishing colonial, populist and democratic pacts, suitable for analysis of state formation and nation-building through to the present period. The framework relies on historical institutionalism. The methodology, however, is Rokkan's. The initial conceptual analysis also specifies differences between European and the Middle Eastern state formation processes. It is followed by a brief and selective discussion of historical preconditions. Next, the method of plotting singular cases into conceptual-typological maps is applied to 20 cases in the Greater Middle East (including Afghanistan, Iran and Turkey). For reasons of space, the empirical analysis is limited to the colonial period (1870s to the end of World War 1). Three typologies are combined into one conceptual-typological map of this period. The vertical left-hand axis provides a composite typology that clarifies cultural-territorial preconditions. The horizontal axis specifies transformations of the region's agrarian class structures since the mid-19th century reforms. The right-hand vertical axis provides a four-layered typology of processes of external intervention. A final section presents selected comparative case reconstructions. To the authors' knowledge, this is the first time such a Rokkan-style conceptual-typological map has been constructed for a non-European region.
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Significance of Knowledge The functional name of the Holy Quran is ‘huda’, the guiding light. It focuses divine light on each and every object separating thereby the right from…
Abstract
Significance of Knowledge The functional name of the Holy Quran is ‘huda’, the guiding light. It focuses divine light on each and every object separating thereby the right from the wrong' (al‐furqan). As this is accomplished by dint of knowledge (al‐ 'ilm). All these three guiding elements namely huda, furqan and ilm, are lined‐up by Allah, the Lord Providence (Rabb‐ulalamin), for earthly welfare (hasanah) and other‐worldly salvation (falah) of human beings. In Quranic context, knowledge, therefore, carries a great significance.
This study argues that in order to address the problems associated with the modern market economy at their core, such as persistent poverty, growing inequality and environmental…
Abstract
Purpose
This study argues that in order to address the problems associated with the modern market economy at their core, such as persistent poverty, growing inequality and environmental degradation, it is imperative to re-assess the well-being and moral philosophy underpinning economic thinking. The author attempts to offer a preliminary way forward with reference to the Islamic intellectual tradition.
Design/methodology/approach
This study employs content analysis of classical and contemporary Islamic texts on human well-being and economic ethics to derive a conceptual well-being model. The paper is structured in four sections: section one provides an overview of relevant secondary literature on moral economic approaches; section two outlines the main well-being frameworks; section three discusses the concept of human well-being in Islam informed by the Islamic worldview of tawḥīd, the Islamic philosophy of saʿādah, and the higher objectives of Islamic Law (maqās.id al-Sharīʿah); and finally, section four discusses policy implications and next steps forward.
Findings
A conceptual model of human well-being from an Islamic perspective is developed by integrating philosophical insights of happiness (saʿādah) with an objective list of five essential goods: religion (Dīn), self (Nafs), intellect ('Aql), progeny (Nasl) and wealth (Māl) that correspond to spiritual, physical and psychological, intellectual, familial and social, and material well-being, respectively.
Research limitations/implications
Further research is needed to translate this conceptual model into a composite well-being index to inform policy and practice.
Practical implications
This model can be used to review the performance of the Islamic finance sector, not solely in terms of growth and profitability, but in terms of realising human necessities, needs and refinements. It can also provide the basis for the Organisation of Islamic Co-operation (OIC) countries to jointly develop a well-being index to guide national and regional co-operation. More generally, this study highlights the need for research in Islamic economics to be more firmly rooted within Islamic ontology and epistemology, while simultaneously engaging in productive dialogue with other moral schools of economic thought to offer practical solutions to contemporary challenges.
Originality/value
This study offers three aspects of originality. First, by outlining well-being frameworks, it highlights key differences between the utilitarian understanding of well-being underpinning modern economic theory and virtue-based understandings, such as the Aristotelian, Christian and Islamic approaches. Second, it provides a well-being model from an Islamic perspective by integrating the Islamic worldview of tawḥīd, the Islamic philosophy of saʿādah, and the higher objectives of Islamic Law (maqāṣid al-Sharīʿah). Third, it proposes an ethical framework for informing economic policy and practice.
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