The Impact of Cost Leadership Strategy and Financial Management Control System on Organizational Performance: An Empirical Investigation of Pakistani Service Sector
The aim of this study is to check the impact of cost leadership strategy and financial management control system on organizational financial performance in Pakistani service sector. Questionnaire was used for data collection. Respondents were the finance managers of banking, insurance, and investme...
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| Format: | Article |
| Language: | English |
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Lahore School of Economics
2017-10-01
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| Series: | The Lahore Journal of Business |
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| Online Access: | https://journals.lahoreschool.edu.pk/LJB/LJB/article/view/59 |
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| author | Ahmed Imran Hunjra Farida Faisal Faiza Gulshion |
| author_facet | Ahmed Imran Hunjra Farida Faisal Faiza Gulshion |
| author_sort | Ahmed Imran Hunjra |
| collection | DOAJ |
| description |
The aim of this study is to check the impact of cost leadership strategy and financial management control system on organizational financial performance in Pakistani service sector. Questionnaire was used for data collection. Respondents were the finance managers of banking, insurance, and investment sectors companies listed with Karachi Stock Exchange. SPSS and AMOS were used to test the model. Confirmatory Factor Analysis was applied to check the validity of the instrument. Descriptive and inferential statistics were used for the analysis of data. The results show that there is significant and positive impact of cost leadership strategy and financial management control system on organizational financial performance. It is recommended that cost leadership strategy and financial management control system should be aligned on the long-term basis.
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| format | Article |
| id | doaj-art-3f82e9b3075f402fb3d53e63bce94d69 |
| institution | DOAJ |
| issn | 2223-0025 2791-3139 |
| language | English |
| publishDate | 2017-10-01 |
| publisher | Lahore School of Economics |
| record_format | Article |
| series | The Lahore Journal of Business |
| spelling | doaj-art-3f82e9b3075f402fb3d53e63bce94d692025-08-20T02:57:30ZengLahore School of EconomicsThe Lahore Journal of Business2223-00252791-31392017-10-0161The Impact of Cost Leadership Strategy and Financial Management Control System on Organizational Performance: An Empirical Investigation of Pakistani Service SectorAhmed Imran Hunjra0Farida Faisal1Faiza Gulshion2Assistant Professor, University Institute of Management Sciences-PMAS- Arid Agriculture University Rawalpindi, PakistanAssociate Professor/Director, University Institute of Management Sciences-PMAS- Arid Agriculture University Rawalpindi, PakistanMS Scholar, University Institute of Management Sciences-PMAS- Arid Agriculture University Rawalpindi, Pakistan The aim of this study is to check the impact of cost leadership strategy and financial management control system on organizational financial performance in Pakistani service sector. Questionnaire was used for data collection. Respondents were the finance managers of banking, insurance, and investment sectors companies listed with Karachi Stock Exchange. SPSS and AMOS were used to test the model. Confirmatory Factor Analysis was applied to check the validity of the instrument. Descriptive and inferential statistics were used for the analysis of data. The results show that there is significant and positive impact of cost leadership strategy and financial management control system on organizational financial performance. It is recommended that cost leadership strategy and financial management control system should be aligned on the long-term basis. https://journals.lahoreschool.edu.pk/LJB/LJB/article/view/59Cost leadership strategyfinancial control systemorganizational performanceservice sector |
| spellingShingle | Ahmed Imran Hunjra Farida Faisal Faiza Gulshion The Impact of Cost Leadership Strategy and Financial Management Control System on Organizational Performance: An Empirical Investigation of Pakistani Service Sector The Lahore Journal of Business Cost leadership strategy financial control system organizational performance service sector |
| title | The Impact of Cost Leadership Strategy and Financial Management Control System on Organizational Performance: An Empirical Investigation of Pakistani Service Sector |
| title_full | The Impact of Cost Leadership Strategy and Financial Management Control System on Organizational Performance: An Empirical Investigation of Pakistani Service Sector |
| title_fullStr | The Impact of Cost Leadership Strategy and Financial Management Control System on Organizational Performance: An Empirical Investigation of Pakistani Service Sector |
| title_full_unstemmed | The Impact of Cost Leadership Strategy and Financial Management Control System on Organizational Performance: An Empirical Investigation of Pakistani Service Sector |
| title_short | The Impact of Cost Leadership Strategy and Financial Management Control System on Organizational Performance: An Empirical Investigation of Pakistani Service Sector |
| title_sort | impact of cost leadership strategy and financial management control system on organizational performance an empirical investigation of pakistani service sector |
| topic | Cost leadership strategy financial control system organizational performance service sector |
| url | https://journals.lahoreschool.edu.pk/LJB/LJB/article/view/59 |
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