The purpose of this study is to investigate the relationship between corporate social responsibility and firm performance. Secondary data from 28 firms registered at stock exchange were selected as population of the study. Data from time period of 8 years from 2009–2017 was taken from annual reports and statements of firms. For statistical analysis STATA‐12 was used. Levin‐Lin‐Chu test is used for data stationarity. Mean, SD, correlation analysis and pooled ordinary least square were used for testing hypotheses. Fixed effect model and random effect model, Hausman test were used. Corporate social responsibility scored highest mean followed by returns on equity, earnings per share and lowest mean was scored by returns on assets. Correlation analysis revealed the positive and significant relationship among all variables. Pooled ordinary least square results show that corporate social responsibility has significant impact upon returns on assets, returns on equity and earnings per share. But most dominant is earning per share from coefficient value. Previous studies which claimed that by identifying CSR activities in annual reports would result in low returns on assets, low returns on equity and less earnings per share. Thus, findings of this study explained that by showing CSR in annual reports could result in high returns on assets, equity and earnings per share. This study have implications for firms, firms can take competitive advantage by taking part in CSR activities, by doing so will retain talented employees, enhanced brand image, reputation in society and attract more investors for firms.

PurposeThis study examines the role of the big five personality traits: conscientiousness, openness, extroversion, neuroticism and agreeableness in financial planning.Design/methodology/approachThe research design is a quantitative approach. The study has used structured questionnaires to collect data from 403 business students. The hypotheses were tested through structural equation modeling using AMOS.FindingsThe findings revealed that extroversion of personality traits have a significant negative influence on financial planning, neuroticism and conscious personalities have a significant positive effect on financial planning. However, two personality traits, namely openness and agreeableness, have no significant influence on financial planning. The study confirmed that out of five, three personality traits have significant impact on financial planning.Research limitations/implicationsThe results suggest that all personality traits do not influence financial planning among students. Financial planning is deemed an essential decision in life. Although some people are very conscious about their future expenditures, others are not much concerned. Based on the findings, this study recommends that policymakers may conduct workshops and arrange seminars and conferences for the promotion of financial planning and individual's financial well-being. The government needs to promote financial education that can directly and indirectly enhance the saving planning capabilities of the people.Practical implicationsThe results suggest that not all personality traits facilitate financial planning. Financial planning is deemed as a crucial decision in life. Some students are very conscious about their future expenditures, while others are not much concerned. This study recommends that policymakers conduct workshops and arrange seminars and conferences to promote financial planning and individuals' financial well-being. The government of Pakistan needs to promote financial education that can, directly and indirectly, enhance the savings and planning capabilities of the students.Originality/valueThis research contributes to the personality literature, the theory of planned behavior and the life cycle theory by testing the model based on empirical evidence. The current study is the first to focus on the role of the big five personality traits in financial planning among students in Pakistan, an emerging economy.

This study explores the nexus between the quality of work life (QWL) and organizational commitment (OC) among teachers of Working Folks Grammar High Schools (WFHGS) in Khyber Pakhtunkhwa (KPK), Pakistan. The study also examines the mediating role of supportive leadership in this relationship. The research was conducted using a quantitative approach, and the data were collected from 384 teachers using a structured questionnaire. The results of the study indicate that QWL and OC are positively correlated, and supportive leadership plays a mediating role in this relationship. The findings suggest that enhancing QWL and developing Supportive leadership can increase the OC of teachers in WFHGS, leading to a more committed and engaged workforce. The study contributes to the understanding of the importance of QWL and supportive leadership in the educational sector and provides insights for managers and policymakers to improve the work environment and foster greater commitment among teachers.