The Southern Region has reported a large number of contagious pandemic outbreaks. These epidemics brought threats to human health and resulted in serious economic losses. The COVID-19 is a global virus and has weakened the global financial markets with significant effect on stock returns and market volatilities. The study obtained a dataset about the financial market structure of South Asian Association for Regional Cooperation (SAARC) Countries. The purpose of the study is to determine the effect of 2019-nCov on stock market performance of SAARC member states. The study considered indexes of the National Stock Exchanges of each country and applied an event study approach for estimating the impact of Mad COVID-19 on the stock returns and market volatilities with an event window of 25 days of severe pandemic hits. The CAR approach proved the declining effect of Mad COVID-19 on the stock returns of SAARC countries. Asymmetric GJR-GARCH Model estimated the changeable volatility and proved the increase in volatility with COVID-19 as a negative shock. SAARC Region significantly reacts to Mad COVID-19 with falling markets and rising volatility.
The study aims to investigate the effect of gender bender organizational barriers on women career progression in Commercial Banks in Pakistan. The Perceived barriers were gender stereotype, socio-cultural beliefs, organizational structure, family responsibilities and individual characteristics. To serve that purpose, specifically branches of all public and private banks in twin cities i-e Islamabad and Rawalpindi, were selected. Survey research strategy was adopted to collect data from 252 branches of selected sample. Convenience sampling and random sampling techniques were used to select sample of branches. Self-administered questionnaires were distributed among the three clusters which are top managers, middle managers and sub-ordinate. Collected data was tested on IBM SPSS by using multiple linear regression, descriptive statistics reliability and correlation analysis. The findings indicate that gender-specific organizational systems negatively affect women career progression in banks of Islamabad and Rawalpindi. The theoretical support was provided by gender and feminist theories and Gendered Organizational Structure (GOS) Model” and its three sub-models.
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