Journal of Emerging Management Studies

Green human resource management for organizational sustainability: lessons from insurance companies in emerging market

Manoj Kumar Chaudhary, Rajesh Kumar Chaudhary — Fri, 24 Nov 2023 00:00:00 +0000

Purpose – This paper was intended to examine the effects of green HRM practices on organizational sustainability in Nepalese life insurance companies. The ongoing discourse on green HRM practice as a key organizational strategy for organizational sustainability has been paid attention of many researchers across the globe.

Design/methodology/approach – In order to give a general overview of present scenario on implementation of green HRM practices and their connection to corporate sustainability, this research used a descriptive research design. For this, the study has gone through structured questionnaires to collect primary data from the sample of 190 officer-level employees across nine eldest life insurance companies in Nepal.

Findings – This study found that Nepalese life insurance companies are in the early period of applying green HRM practices. However, the regression analysis demonstrated that emerging practices of green HRM has made significant positive contribution to organizational sustainability. The findings of this research depicted that sampled organizations have realized benefits of green HRM practices. This study concluded that the gap existed because of the lack of awareness towards handling the green issues in Nepalese context.

Practical Implications – This study will be productive to make constructive decision for applying the approach of green HRM for long run existence of corporations. Yet, this paper has some uncovered areas of green HRM practices as to state best green HRM practices which contribute to achieve organizational sustainability in different backgrounds of emerging nations.

The influence of conservatism and overconfidence on investment decisions among investors in Nepali stock market

Bishnu Giri, Sagar Adhikari — Fri, 24 Nov 2023 00:00:00 +0000

Purpose - Adopting behavioral finance to identify the investors’ investment decision is instrumental in developing insight into the financial and economic activity of the investors. This paper attempts to examine how conservatism and overconfidence influence investors’ investment decisions in Nepali share market.

Design/methodology/approach - The research followed the questionnaire method where structured self-monitored close questions were surveyed from 335 respondents via internet. To analyze the data, SPSS software was used, and to test the direct effects of the hypotheses, covariance base analysis (CB-SEM) was applied.

Findings and Conclusion - The outcomes of the regression analysis depict that the conservatism of Nepali investors has a considerable positive impact on their investment decisions. It has also revealed that overconfidence had an insignificant role in investment decisions, which indicates investors do not show overconfidence while investing in the stock market.

Originality/value - Conservatism and overconfidence of stakeholders in the share market by applying behavioral theory in Nepal are largely unexplored. Because it is one of the few studies that examine the influence of conservatism in Nepal, this study occupies a precarious position in Nepali research on investment decision in the share market.

Impact assessment of investment motivation toward mutual funds

Dinesh Mani Ghimire, Madhav Adhikari — Fri, 24 Nov 2023 00:00:00 +0000

Purpose - The purpose of this study is to assess the impact of investment motivation on mutual fund investment decisions by Nepalese investors. The research seeks to identify the key drivers that influence Nepalese investors’ decisions in this context.

Design/methodology/approach - The research design employed in this study was a descriptive and causal comparative research. The primary data was gathered from individual investors who were actively involved in trading on the Nepal Stock Exchange (NEPSE). To assess respondents’ perceptions and factors influencing investment alternatives, a structured questionnaire survey was used. The sample size consisted of 384 participants, and they were selected through judgmental sampling technique.

Findings and Conclusion - The research findings revealed that while there was a growing interest in mutual fund investments among Nepalese investors, there was a lack of awareness and understanding about these investment vehicles. The paper found that investor awareness level, fund manager qualities, risk perceptions, and fund performance positively affected mutual fund investment decisions in Nepal. These factors played an important role in determining investors’ preferences and choices. The regression model demonstrated a good fit for the data, explaining 55.8% of the variation in investment decisions. The study also emphasized the significance of effective selection and monitoring processes for mutual fund schemes, including evaluating fund managers’ performance and assessing the risk-return profile of different options.

Implications - The findings implied the need for transparent reporting practices, access to reliable performance data, and investor-friendly policies. Policymakers should streamline regulations and create a favorable environment for mutual fund investments. These implications can contribute to the overall development of the capital market in Nepal by attracting more investors and fostering investor confidence in mutual fund schemes.

Examining the interplay of employee brand love, affective commitment, positive word of mouth, and turnover intention

Rijma Shrestha, Laxman Pokhrel — Fri, 24 Nov 2023 00:00:00 +0000

Purpose - The purpose of this paper was to examine the interplay of Employee Brand Love (EBL), Affective Commitment (AC), Positive Word of Mouth (PWM), and Turnover Intention (TI) among employees of different organizations in the service sector.

Design/methodology/approach - This research study employed a cross-sectional survey research design and utilized a purposive sampling technique to collect data from a sample of 251 respondents. To assess the hypotheses, we utilized the Process Macro 3.5 Free Version software.

Finding - The findings indicate that EBL exerts a significant impact on PWM and TI, but its influence on AC is found to be insignificant. Furthermore, the results demonstrate that AC serves as a partial mediator in the relationship between EBL and both PWM and TI.

Practical Implications - This study could help managers to better understand especially how brand love of employees affects employee intention to leave the organization. It might help to increase the likelihood that employees will love their organizational brands and, as a result, design branding strategies to strengthen the organizational brand in order to draw in new employees and promote organizations.

Appraisal of labor management approaches within the private residential construction firms in the Kathmandu Valley

Sachin Sapkota, Manoj Subedi, Dilip Ale — Fri, 24 Nov 2023 00:00:00 +0000

Purpose - The purpose of this study was to investigate labor management practices in private housing developers in the Kathmandu Valley. Evaluating perception on current practices, identifying challenges, and proposing solutions to improve labor management were also part of the paper.

Design/methodology/approach - The research paper employed a quantitative approach and cross-sectional survey design to investigate the research objective. The researchers used the quota sampling method to select participants from employees and executives working on 17 under-construction projects, allowing for the sample size to be divided and participants to be selected based on specific characteristics. Data were collected from 85 respondents through self-administered questionnaires.

Findings - The findings indicate a preference for hiring trained and experienced workers but highlight inadequate communication channels and planning. The study also identifies challenges associated with inadequate wages, occupational health and safety, labor policy, unfair hearing, and insufficient training. The study recommends focusing on employee staffing, performance evaluation, work environment, training, and compensation management as remedial measures to address these challenges.

Conclusion - The paper advocates the critical need for improved labor management practices in the private housing sector. The paper highlights several challenges, including low wages, limited communication channels, weak control systems, and inadequate health and safety measures. To address these issues, it is essential to implement appropriate measures such as providing fair wages, offering economic benefits, establishing comprehensive occupational safety and health policies, prioritizing training and development programs, enhancing employee staffing procedures, and implementing effective performance evaluation frameworks.

Originality - This research brings originality to the field by examining labor management practices specifically within the private housing sector, a topic that has received limited attention in the context of Nepal.

Work-life balance and job satisfaction among faculty members of management campuses of the Kathmandu Valley

Krishna Prasad Neupane — Fri, 24 Nov 2023 00:00:00 +0000

Purpose - This study intends to investigate the connection between work-life balance and job satisfaction among faculty members of management campuses in the Kathmandu Valley. When companies show concern for the satisfaction of employees’ personal lives and jobs, these employees often give back by contributing to the achievement of the organization’s objectives through enhanced performance and higher staff retention.

Study design/methodology/approach - A quantitative approach was adopted and a descriptive and causal-comparative research design to measure the status of work-life balance and its connection with job happiness among the faculty members of management campuses in Kathmandu. Data were collected using a structured questionnaire from 147 faculty members, and analyzed through Statistical Package for Social Sciences (SPSS) version 25.

Findings - Results of this research exhibited a strong correlation between work-life balance and job satisfaction among faculty of management campuses in Kathmandu. The majority of faculty members of management campuses was able to manage their work-life responsibilities and expressed a moderate level of job satisfaction.

Conclusion - Long hours and intense job pressure made it challenging for faculty to have a positive work-life balance, and an imbalance in these factors made them dissatisfied towards the job. Support from coworkers, flexible work hours, and family-friendly initiatives all contributed to a healthy balance between work-life, which helped faculty members feel more satisfied with their jobs.

Implications - Theoretically, this study filled the gap that existed in the area of educational sectors in Nepal. The study is important for academics since it sparks ideas for additional research. Practically, the results of this research help to review the policies and strategies of the educational institutions to implement work-life balance practices which add to the job happiness of faculty and the quality and productivity of the institutions.

Exploring financial distress through Altman Z” score: example of selected private commercial banks in Nepal

Santosh Gyawali — Fri, 24 Nov 2023 00:00:00 +0000

Purpose - This research aims to explore the financial distress of selected Nepalese commercial banks using Altman’s Z” score model.

Design/methodology/approach - Based on quantitative research approach, this research has followed descriptive research design to assess financial distress. Amid of 24 private commercial banks, this study has selected 16 sample banks conveniently. Altman’s revised Z” score (1993) model has been used to draw inferences. The published annual financial report of respective banks of year 2019-20 was employed as secondary information.

Findings and Conclusion - Among 16 sampled banks, 6 commercial banks are laid under zone of distress and 10 banks as in undecided zone. Similarly, this study has revealed the inefficiency of Z” score model in predicting financial distress.

Originality/value - Commencing Altman’s Z” score model designed for non-manufacturing and companies of emerging market in relation to Nepalese commercial banks.

Are BBA students ready for social entrepreneurship? an application of theory of planned behavior

Namaraj Kulal — Fri, 24 Nov 2023 00:00:00 +0000

Purpose – The aim of the study was to investigate the behavioral intentions of BBA students regarding their engagement in social entrepreneurship.

Design/methodology/approach – To attain this purpose, a cross-sectional survey research design was used, and data were gathered from a sample of 205 respondents. Hypotheses were tested through the application of Ordinary Least Square (OLS) regression analysis.

Finding – This paper found a significant positive effect of subjective norms and perceived behavioral control on behavioral intention of social entrepreneurship. However, this paper found no significant influence of attitude towards social entrepreneurship on behavioral intention of social entrepreneurship.

Practical Implications – In light of these findings, this paper provides both theoretical and practical implications for further understanding and fostering social entrepreneurship among BBA students.