KIC International Journal of Social Science and Management

Relationship Between Reward System and Turnover Intention: The Mediating Role of Organizational Commitment

Aashish Bartaula — Sun, 31 Dec 2023 00:00:00 +0000

The purpose of this study is to investigate the link between reward systems, organizational commitment, and employee turnover intention in Nepal's commercial banking industry. The research employs a quantitative technique as well as a descriptive, correlational research design. Three hundred and eighty structured forms were distributed to full-time workers of six commercial banks, three government-owned institutions, and three private banks. To analyze the data and test the research hypotheses, confirmatory factor analysis and structural equation modeling were utilized.

The study's findings show a negative relationship between reward systems and organizational commitment and employee turnover intention. According to the findings, the correct compensation scheme can increase employee engagement while decreasing the desire to quit. In addition, the study discovers that organizational commitment completely mediates the association between reward schemes and employee turnover intention. This study contributes to the body of knowledge on employee turnover intentions in Nepal's banking industry. The findings underscore the necessity of developing and implementing effective reward systems that can increase employee engagement while decreasing the likelihood of turnover. Organizations may take proactive actions to retain employees and enhance their performance by knowing the variables that drive employee turnover intention.

Women Participation and Role of Co-Operative in Financial Inclusion of the Women Inside Pokhara Metropolis

Baburam Lamichhane — Sun, 31 Dec 2023 00:00:00 +0000

Co-Operatives are economic entity; they deliver the opportunity for poor people to raise their revenues. Financial inclusion is fundamental for building a comprehensive money-related financial system as well as the overall inclusive economy of the Nation and it will be provided by financial institutions like banks, co-operatives, finance, etc. Among them, this study has been focused on the Satyeta Saving and Credit Co-operative, located in Pokhara 26 Kaski, with the objectives: to explore the proportion of financial inclusion of women caste-wise, to measure the services provided by the cooperative to promote investment and enterprises, to analyze the financial eminence of the women afterwards involvement in the co-operative and to analyze the societal prestige of the women after connection in the co-operative. This study mainly concentrated on women because women are being differentiated against in every aspect of society. Many reasons strapped women to the back of the development. In this co-operative, there are 628 members among them 324 are female which is the population of this study and out of them, 90 were nominated as a sample of this study, exhausting a simple random sampling method, selected by lottery method. By means of a questionnaire the data were composed and contingent applying statistical tools like mean, percentage, etc. This study catches that the cooperative has no methods to the Dalits and back-warded women so less number of Dalits women was convoluted in this cooperative. Young and married women were intricate in these co-operatives from the initial date but they were involved for the bonus rather than enterprises and business. The women have accounts in others banks and they essential facilities like ATMs and other services which will not deliver by the cooperative. The existence of this cooperative in financial inclusion seems dispossessed, although the economic and social pointers of the women are not in a decreasing situation. Finally, women were busy in other banks and financial institutions so the changes arising due to other banks or particularly from this cooperative are problematic to recognize which is the limitation of this study. Where a single financial institution runs, and service delivered by the institution is to be dignified to mark the study more critical in a remote area.

Impact of Shoes Brand Preference on Customer Satisfaction

Joginder Goet, Kiran Kharel — Sun, 31 Dec 2023 00:00:00 +0000

In a competitive business environment, concerns like customer satisfaction and brand preferences are becoming very important to corporate operations. The core objective of this research was to look at the influence of factors of brand preference on Customer Satisfaction with shoes. Primary data were employed in the research. Correlation and regression were utilized to calculate, analyze, and interpret the data for the descriptive and causal-comparative research design. The entire population is used in the study as shoe users. The population was represented by a sample of 390 respondents. A convenience sampling method was used to determine the sample size. According to the findings, brand preference factors such as Product Quality (PQ), Design (DG), Store Environment (SE), Service Quality (SQ), Promotion (PR), and Brand Image (BI) have a considerable impact on Customer Satisfaction in the Kathmandu Valley. But one factor, Brand Name (BN) has no considerable impact on Customer Satisfaction. The outcomes of this study show the significant link between factors of brand preference and Customer Satisfaction in the Kathmandu Valley. The Pearson coefficient between Brand Name (BN), Product Quality (PQ), Design (DG), Store Environment (SE), Service Quality (SQ), Promotion (PR), and Brand Image (BI) has been determined to be positive by correlation analysis.Because the value of significance was less than 0.05, all alternative hypotheses were accepted. As a result, we may deduce that the interactions positively impact Customer Satisfaction. Brand preference factors except for Brand Name (BN) have a significant influence on Customer Satisfaction.

Pitfalls of Cooperatives: Framework for Effective Management: Qualitative Evidence from Developing Countries

Khageshyor Khanal — Sun, 31 Dec 2023 00:00:00 +0000

This qualitative research investigates the difficulties of cooperatives in Nepal, concentrating on governance, management, and financial sustainability. The study used deliberate sampling to identify thirteen cooperative managers in Kathmandu, Nepal, as participants. Semi-structured interviews were performed, using an interview guide consisting of open-ended questions covering major topics such as challenges, decision-making processes, organizational structure, financial management, and sustainability plans. The sample size was set based on data saturation to ensure complete data collection. Thematic analysis was used to analyze the transcribed interviews, which included systematic data coding using a mix of deductive and inductive coding approaches. The investigation found recurring mistakes and obstacles in cooperative governance, management, and financial sustainability. To enhance legitimacy, direct quotes from participants were used. The results emphasize the need of resolving governance concerns, enhancing communication and dispute resolution within cooperatives, and adopting good financial management practices. The research adds to the current literature by offering framework and insights into the unique issues encountered by cooperatives in Nepal and making suggestions to improve their sustainability.

Talent Management Practices and Employee Job Satisfaction in Nepalese Commercial Banks

Kishor Kumar Gautam — Sun, 31 Dec 2023 00:00:00 +0000

The primary objective of this study is to investigate the relationship between talent management practices and employee job satisfaction. The study employed a descriptive and analytical research design under the quantitative research method to achieve these objectives. The study targets all employees working in Nepalese commercial banks, including both headquarters and branch locations in Kathmandu, the capital city of Nepal, and a sample of 400 employees was selected. However, only 233 responses were received and used for further analysis. The selection of samples was done using a simple random sampling method. The study assessed the positions of different variables by calculating their mean values. The fitness of regression models was evaluated using F-values, and regression models were employed to examine the relationship between talent management practices and employee job satisfaction. The reliability of the data collection tool was tested using Cronbach's alpha value. Furthermore, regression assumptions were tested, including multicollinearity using tolerance and VIF value, and linearity using ANOVA. The results of the study indicate that talent management is a significant predictor of employee job satisfaction.

Impact of quality of work-life on work-life balance among nurses in Nepal

Pushpa Paudel — Sun, 31 Dec 2023 00:00:00 +0000

Introduction: This study investigates the impact of the quality of work-life on the work-life balance of nurses in Nepal. By examining the impact of quality of work-life on the equilibrium between professional and personal life, it aims to contribute insights for enhancing the overall well-being of nurses in the Nepalese healthcare sector.

Methods: The research design employed a causal-comparative approach to investigate the impact of quality of work life on the work-life balance of nurses. The data was collected using a well-structured five-point Likert scale questionnaire from 200 nurses. Correlation and regression analyses were utilized to draw meaningful insights.

Results: The findings of the study reveal that two key factors, namely job security and job satisfaction, significantly influence the work-life balance for nurses. This suggests that nurses who perceive higher job security and experience greater job satisfaction tend to have an improved work-life balance. However, the study did not find any significant impact of job commitment on work-life balance among nurses.

Conclusion: The study underscores the pivotal role of job security and job satisfaction in shaping the quality of work life for nurses in Nepal. Higher perceived job security and increased job satisfaction emerge as key factors contributing to an enhanced work environment. Surprisingly, job commitment did not exhibit a significant influence on the quality of work life among nurses in this context. These findings highlight the importance of addressing specific aspects of job security and satisfaction to positively impact the overall work experience of nurses in Nepal.

Impact of Covid-19 on Investors Herding Behavior: Evidence from Stock Market

Sushil Sharma, Khageshyor Khanal — Sun, 31 Dec 2023 00:00:00 +0000

The purpose of this research was to use a descriptive and causal-comparative approach to analyze herding behavior in the Nepalese stock market during the COVID-19 epidemic. The study employed a regression model and a cross-sectional standard deviation (CSSD) index to evaluate the herding tendency. The investigation covers a significant time period from January 1, 2018, to February 28, 2023, and involves a substantial number of observation sessions totaling 1103. It appears that there is currently no evidence to suggest that herding behavior has occurred before, during, or after the COVID-19 pandemic. This study indicates that market participants were making independent decisions based on their own analysis and assessment of the situation during the pandemic, rather than relying on the actions or decisions of others.

Talent Management Practices and Organizational Performance in Nepalese Private Banks

Surendra Mahato — Sun, 31 Dec 2023 00:00:00 +0000

This study aimed to investigate the impact of talent management practices, including talent attraction, talent development, talent retention, talent selection, and reward management, on financial performance in Nepalese banks. A questionnaire with a 5-point Likert scale was used to collect data from 256 employees from 17 Nepalese banks over a 10-year period. Structural equation modeling (SEM) was conducted using the AMOS software to analyze the data. The results showed that talent attraction, talent development, and talent retention had a significant positive impact on return on equity (ROE), while the impact of talent selection and reward management on ROE was found to be insignificant. Additionally, talent development had a significant positive impact on return on assets (ROA), while the impact of the other talent management practices on ROA was insignificant. These findings suggest that talent management practices can play a critical role in improving the financial performance of Nepalese banks, particularly in terms of ROE. The study provides valuable insights for bank managers and policymakers on the importance of talent management practices for enhancing financial performance.

Impact of Financial Performance on Stock Price Volatility: A Case of Nepalese Microfinance Companies

Tek Bahadur Madai — Sun, 31 Dec 2023 00:00:00 +0000

With the explanatory variables of ROE, ROA, D/P ratio, P/E ratio, and BVPS, this study investigates the impact of financial performance on the stock price instability of microfinance companies listed on the Nepal Stock Exchange (NEPSE). The age and size of microfinance companies have been used as control variables. It has also observed the investor's behavior toward these variables. The study follows a quantitative approach with descriptive, causal-comparative, and survey research design. Multiple regression analysis is used to examine the causal relation between stock price volatility and the profitability of microfinance companies. This study has analyzed the annual report of 31 microfinance companies with 183 observations and 121 responses to a questionnaire received from the investors. According to this study, microfinance organizations' capacity to produce profits has a considerable impact on share price volatility. The survey result of the study reveals that the investors of microfinance companies are more sensible towards earning ability and past performance of the companies. The results of this investigation may be beneficial to the investors of microfinance companies to select the companies for investment. Acknowledging the limitation of data used in this study, further study can be conducted by taking other industries like banking, insurance, hotel, and manufacturing companies listed in the NEPSE. Besides this, a behavioral study about investors’ responses toward market factors can be conducted by taking a large sample of investors.