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Article
Publication date: 12 March 2018

Muhammad Haroon Rasheed, Amir Rafique, Tayyaba Zahid and Muhammad Waqar Akhtar

The purpose of this paper is to look at the impact of two most commonly used heuristics, namely, representative bias and availability bias on investment decision making and to…

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Abstract

Purpose

The purpose of this paper is to look at the impact of two most commonly used heuristics, namely, representative bias and availability bias on investment decision making and to check that either locus of control interact with the said relations through theoretical proposal and then verification through empirical evidence.

Design/methodology/approach

The study is a quantitative research using a survey questionnaire for its data collection. Data are collected from 227 investors operating at Islamabad, Lahore, and Sargodha in Pakistan and analyzed using structural equation modeling while the interaction effect is analyzed through simple linear regression following the rules set by Baron and Kenny (1986).

Findings

The results reveal that both of the heuristics under study significantly cause investors to deviate from rational decision making while the locus of control have no significant moderating effect.

Originality/value

The proposed model provides insight on how the behavioral factors can lead investors to suboptimal decision making. This study is first of its kind to quantify the degree of irrationality caused by these factors. The findings of this study are practically useful for individual investors, investment managers, and also for policy makers.

Details

Review of Behavioral Finance, vol. 10 no. 1
Type: Research Article
ISSN: 1940-5979

Keywords

Article
Publication date: 31 May 2024

Muhammad Waqar Arshad, Muhammad Moazzam, Muhammad Mustafa Raziq and Waqas Ahmed

This study explores value-added food products in smallholder dairy farming in developing countries by analyzing external pressures, supply chain learning, farmer innovation…

Abstract

Purpose

This study explores value-added food products in smallholder dairy farming in developing countries by analyzing external pressures, supply chain learning, farmer innovation, education level, and food safety compliance.

Design/methodology/approach

We employed a quantitative approach by surveying 418 smallholder dairy farmers in three districts of Pakistan using interviewer-administered questionnaires. Data analysis involved confirmatory factor analysis and structural equation modeling.

Findings

The results indicate that external pressure significantly affects value-added smallholder dairy farms. This relationship is mediated by supply chain learning and farmers' innovative behavior, and moderated by farmers' education level and compliance with food safety standards.

Research limitations/implications

Further research is required to explore the drivers of value addition at the supply chain level.

Originality/value

This study contributes to the understanding of smallholder dairy farming dynamics and provides practical implications for improving value addition by managing the interplay between antecedents and promoting best practices in the industry.

Details

Journal of Agribusiness in Developing and Emerging Economies, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2044-0839

Keywords

Article
Publication date: 3 June 2021

Ajeet Kumar Bhatia, Jiang Ju, Zhen Ziyang, Nigar Ahmed, Avinash Rohra and Muhammad Waqar

The purpose of this paper is to design an innovative autonomous carrier landing system (ACLS) using novel robust adaptive preview control (RAPC) method, which can assure safe and…

Abstract

Purpose

The purpose of this paper is to design an innovative autonomous carrier landing system (ACLS) using novel robust adaptive preview control (RAPC) method, which can assure safe and successful autonomous carrier landing under the influence of airwake disturbance and irregular deck motion. To design a deck motion predictor based on an unscented Kalman filter (UKF), which predicts the touchdown point, very precisely.

Design/methodology/approach

An ACLS is comprising a UKF based deck motion predictor, a previewable glide path module and a control system. The previewable information is augmented with the system and then latitude and longitudinal controllers are designed based on the preview control scheme, in which the robust adaptive feedback and feedforward gain’s laws are obtained through Lyapunov stability theorem and linear matrix inequality approach, guarantying the closed-loop system’s asymptotic stability.

Findings

The autonomous carrier landing problem is solved by proposing robust ACLS, which is validated through numerical simulation in presence of sea disturbance and time-varying external disturbances.

Practical implications

The ACLS is designed considering the practical aspects of the application, presenting superior performance with extended robustness.

Originality/value

The novel RAPC, relative motion-based guidance system and deck motion compensation mechanism are developed and presented, never been implemented for autonomous carrier landing operations.

Details

Aircraft Engineering and Aerospace Technology, vol. 93 no. 4
Type: Research Article
ISSN: 1748-8842

Keywords

Article
Publication date: 17 January 2020

Samreen Hamid, Zahid Riaz and Syed Muhammad Waqar Azeem

This study aims to ascertain the relevance of Carroll’s four dimensions of corporate social responsibility (CSR), namely, economic, legal, ethical and discretionary in a dynamic…

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Abstract

Purpose

This study aims to ascertain the relevance of Carroll’s four dimensions of corporate social responsibility (CSR), namely, economic, legal, ethical and discretionary in a dynamic regulatory context of a developing economy – Pakistan.

Design/methodology/approach

This study has operationalized these dimensions as four categories of CSR disclosure index. This disclosure index measured the relevance of CSR dimensions by examining CSR disclosure practices of Pakistan Stock Exchange-100 index firms.

Findings

The authors have found that the firms of Pakistan disclose more information pertaining to discretionary dimension of CSR than economic, legal and ethical dimensions. Interestingly, the authors have observed that after the enactment of state regulation, there is an increasing trend of the overall CSR disclosure level at a decreasing rate.

Practical implications

For policymakers, these findings imply that firms tend to perceive law as a box-ticking exercise and refrain to involve in those CSR activities that can have both strategic and societal benefits over the long run. These finding imply for business managers that if they will not undertake CSR notion seriously then the policymakers will take statutory initiatives to curtail the greenwashing effect and these initiatives can lead to higher transaction costs.

Originality/value

This study presents evidence about the relevance of Carroll’s four dimensions of CSR in a developing economy. The evidence shows that the CSR disclosure in developing economy continues to take a largely philanthropic form thereby dominating other CSR dimensions namely ethical, legal and economic. These findings also confirm that CSR practices are context-dependent and these cannot be isolated from their unique social context.

Details

Corporate Governance: The International Journal of Business in Society, vol. 20 no. 3
Type: Research Article
ISSN: 1472-0701

Keywords

Article
Publication date: 4 July 2016

Waqar Ahmed and Muhammad Shahid Soroya

The purpose of this study was to explore the number, difference and ratio of professionals and non-professionals heading toward non-academic special libraries (NASL). This study…

1667

Abstract

Purpose

The purpose of this study was to explore the number, difference and ratio of professionals and non-professionals heading toward non-academic special libraries (NASL). This study also explored the difference of provision of services based on educational qualifications.

Design/methodology/approach

Quantitative survey research method and questionnaire as a data collection tool was used to conduct the study. The questionnaire contained four educational levels against the 18 services variables. No list or directory being available, 71 special libraries were assured to be there in Lahore through snowball-sampling technique. Out of 71 questionnaires, 41 were returned and analyzed using Chi-Square test in Statistical Package for Social Sciences.

Findings

Findings indicated that 56 per cent of the libraries were headed by LIS professionals, while rest of 44 per cent of the libraries was headed by persons with no professional education. Chi-Square test’s p value indicated the significant difference in the orientation, reference service and document reservation service. The professionally qualified library managers were found better at providing librarians’ end services.

Originality/value

The present study is the first of its kind in Pakistan, which marked the vacant positions and indicated the differences of services based on level of education. It depicted the electronic, librarians end, and technical knowledge and multi-factor services and measured its variation on the educational grounds.

Article
Publication date: 28 June 2019

Muhammad Waqas, M. Mudassar Gulzar, Waqar Azeem Khan, Muhammad Ijaz Khan and Niaz B. Khan

This paper aims to elaborate the characteristics of magneto-Maxwell nanoliquid toward moving radiated surface. Flow analysis subject to Darcy–Forchheimer concept is studied…

Abstract

Purpose

This paper aims to elaborate the characteristics of magneto-Maxwell nanoliquid toward moving radiated surface. Flow analysis subject to Darcy–Forchheimer concept is studied. Newtonian heat/mass conditions and heat source aspects are taken into account for modeling. Apposite transformations are introduced for non-dimensionalization process.

Design/methodology/approach

Optimal homotopy analysis method is implemented to compute convergent solutions of nonlinear ordinary differential equations.

Findings

Temperature field increments when thermophoresis, heat generation and Brownian movement parameters are increased, whereas reverse situation is noticed for larger Prandtl number. The results also witness that concentration distribution has opposite characteristics for larger thermophoresis and Brownian movement parameters. Furthermore, the presented analysis reduces to traditional Darcy relation in the absence of local inertia coefficient.

Originality/value

As per the authors’ knowledge, no such analysis has been yet reported.

Details

International Journal of Numerical Methods for Heat & Fluid Flow, vol. 29 no. 8
Type: Research Article
ISSN: 0961-5539

Keywords

Article
Publication date: 6 August 2019

Muhammad Waqas, Muhammad Mudassar Gulzar, Zeeshan Asghar, Z. Ali, Waqar Azeem Khan and Abdul Sattar Dogonchi

The purpose of this study is to elaborate mixed convection impact in stratified nanofluid flow by convectively heated moving surface. Rheological relations of second-grade fluid…

Abstract

Purpose

The purpose of this study is to elaborate mixed convection impact in stratified nanofluid flow by convectively heated moving surface. Rheological relations of second-grade fluid are used for formulation. Magnetic field, heat absorption/generation and convective conditions are considered for modeling.

Design/methodology/approach

Convergent solutions are achieved using homotopy procedure.

Findings

The authors found opposing behavior for radiation and thermal stratification variables against thermal field.

Originality/value

No such analysis has yet been reported.

Details

International Journal of Numerical Methods for Heat & Fluid Flow, vol. 29 no. 8
Type: Research Article
ISSN: 0961-5539

Keywords

Article
Publication date: 22 July 2019

Waqar Azeem Khan, Muhammad Waqas, Mehboob Ali, F. Sultan, M. Shahzad and M. Irfan

This paper aims to develop a mathematical model featuring Brownian motion and thermophoresis. The idea of curved stretching subjected to time-dependent non-Newtonian (Sisko) fluid…

Abstract

Purpose

This paper aims to develop a mathematical model featuring Brownian motion and thermophoresis. The idea of curved stretching subjected to time-dependent non-Newtonian (Sisko) fluid flow is introduced.

Design/methodology/approach

Shooting scheme is implemented to compute nonlinear systems.

Findings

Velocity profile of Sisko magnetonanofluid enhances for augmented values of curvature parameter.

Originality/value

To the best of the authors’ knowledge, no such analysis has yet been reported.

Details

International Journal of Numerical Methods for Heat & Fluid Flow, vol. 29 no. 9
Type: Research Article
ISSN: 0961-5539

Keywords

Article
Publication date: 31 July 2019

Waqar Azeem Khan, Mehboob Ali, Muhammad Waqas, M. Shahzad, F. Sultan and M. Irfan

This paper aims to address the flow of Sisko nanofluid by an unsteady curved surface. Non-uniform heat source/sink is considered for heat transfer analysis.

Abstract

Purpose

This paper aims to address the flow of Sisko nanofluid by an unsteady curved surface. Non-uniform heat source/sink is considered for heat transfer analysis.

Design/methodology/approach

Numerical solutions are constructed using bvp4c procedure.

Findings

Pressure profile inside boundary region is increased when A and K are enhanced.

Originality/value

No such analysis is yet presented.

Details

International Journal of Numerical Methods for Heat & Fluid Flow, vol. 29 no. 12
Type: Research Article
ISSN: 0961-5539

Keywords

Article
Publication date: 20 September 2021

Amna Akhound, Aseem Majeed Rizvi, Waqar Ahmed and Muhammad Nadeem Khan

Energy-saving behavior of individuals is essential to minimize energy use and reduce the emission of toxic gases. This study's actual focus is to find out the determinants of the…

Abstract

Purpose

Energy-saving behavior of individuals is essential to minimize energy use and reduce the emission of toxic gases. This study's actual focus is to find out the determinants of the energy-saving behavior of individuals in the workplace.

Design/methodology/approach

As a theoretical research model, the extended theory of planned behavior (TPB) has been used to analyze the determinants of energy-saving intentions. A survey method is used to collect 289 valid data, and structural equation modeling (SEM) is used to analyze the data.

Findings

The final result shows that the variables attitude at home, subjective norm (SN) and descriptive norms positively impact intention to save energy at the workplace. In contrast, the construct attitude and perceived behavior control is insignificant in this research. On the other hand, the personal moral norm (PMN) is a powerful predictor of individual energy-saving intentions at the workplace.

Originality/value

This research provides insights that will help the organizations understand the behavior of individuals at the workplace for energy-saving intentions to formulate such policies that will enhance individuals' practice for energy savings.

Details

Management of Environmental Quality: An International Journal, vol. 33 no. 2
Type: Research Article
ISSN: 1477-7835

Keywords

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