In recent years, after the global financial crisis, the issue of credit risk management has received increased attention from international regulators. Credit risk management frameworks are often not sufficiently integrated within the organization, there is no unified approach, and there is no holistic view of all risks. Likewise, where they exist, sound risk management practices have helped institutions to weather financial crises better than others. Therefore, the current study aimed to examine the determinants of credit risk management and their relationship with the performance of commercial banks in Nepal. It also examines the mediating role of credit risk management on the performance of commercial banks in Nepal. The results indicate that there is a positive relationship between environmental risk and credit risk management. It is also found that credit appraisal measurements have a significant effect on credit risk management. The results reveal that market risk analysis has a significant effect on credit risk management. The results show that credit risk management mediates the relationship between environmental risk, credit appraisal measurements, market risk analysis, and the performance of commercial banks. Therefore, managers should strive to impart risk prevention and control mechanisms to reduce credit risk and achieve good financial performance.

Sustainable development is the core agenda item of the 21st century to be addressed simultaneously by societies, businesses, and academia. Likewise, sustainability research in the project context is fragmented and still at a nascent stage with less attention directed towards the key antecedents particularly in developing countries. Using institutional theory, this paper analyzes the role of normative and mimetic isomorphic pressures as external enablers for integrating sustainability in project processes. Additionally, it aims to empirically validate a structural model for predictors of sustainable project management (SPM). Data were collected from 146 large construction firms in Pakistan which were then analyzed using the partial least square structural equation modeling (PLS-SEM) technique. The results show that mimetic isomorphic pressures assert more influence than normative pressures in predicting the sustainability performance of construction projects. The inferred implications suggest that large construction firms will tend to improve their sustainable performance under isomorphic pressure from professional bodies and from those competitors who are early adopters of sustainable project practices. This paper contributes to the literature by explaining the role of non-coercive isomorphism as an important enabler of SPM in developing countries. The model presented will enrich our current understanding of SPM by studying its juxtaposition with institutional theory and sustainable development research.

The governance of public sector infrastructure projects became an important topic of interest in the project, program, and portfolio management literature during the last decade. Today, it is becoming a central focus for policymakers seeking to ensure success in selecting, designing, and implementing government-sponsored programs of multi-projects. Due to the multiple underlying risks and complexities, the governance of infrastructure programs constitutes a critical element in strategic planning in developing countries. This paper has analyzed the infrastructure development program in Gilgit-Baltistan (Northern Pakistan), and revealed major shortcomings in the areas of decision-making, stakeholder management, and role ambiguity. Approaches to remedy these shortcomings have, thus, been proposed.

Green transformational leadership is a style that has the potential to not only shape individual behaviors towards more environmentally friendly behaviors, but it has also the potential to impact the employees other non-green behaviors. This paper aims to investigate the impact of green transformational leadership style on employees' non-green behavior i.e. job performance. The study further explored the mediating role of psychological contract fulfillment between the green transformational leadership and job performance. Data were collected from various private sector organizations in Islamabad and Gilgit regions of Pakistan. A total sample size of 319 was recorded. Structural equation modeling via SmartPLS software was used to test the hypotheses. Results supported our proposed hypotheses. Several theoretical and practical implications are discussed.

Sustainable Project Management (SPM) is a novel theme in construction industries of developing countries and very little is known (so far) about the sustainability performance of construction projects in those settings. Accordingly, the quantitative measurement of SPM as a higher-order construct is not well established and lacks a holistic approach and homogenous taxonomy of indicators. This study explores the SPM practices of construction firms by validating SPM as a second-order construct in the Pakistani construction industry. Data were obtained from 146 construction firms, which were then analyzed using partial least square structure equation modeling. Results of the first and second level measurement model assessments showed that construction firms practice SPM, with varying degrees of attention paid to three sustainability aspects. Environmental dimension surfaced as the most important, in-terms of practice and social sustainability as least. The analysis of the second-order measurement model yielded significant results, thus, validating the higher-order structure of SPM. This study contributes to the field by presenting one of the first studies of its kind by focusing on the sustainability practices of construction firms by using a higher-order design of SPM construct within the context of developing countries.

This paper is part of a broader research that was carried out to explore and determine the scope and nature of sectarianism as perceived and experienced by employees in their workplaces in Gilgit-Baltistan. This region has experienced intense sectarian strife over last two decades, claiming hundreds of lives in the process. The region’s capital city Gilgit in particular has seen violent clashes between the two major sects of Islam – Sunni and Shi’a .Using the framework of organizational theory with a specific focus on the concept of informal organizations, this research attempts to provide empirical evidence of the existence and manifestation of sectarianism at the workplace in Gilgit city. Main themes that emerged from the qualitative interviews conducted with employees working in public sector organizations included; prevalence of sectarianism, nature of sectarianism, and the balance formula. Preliminary findings suggested that sectarianism did exist in the selected organizations operating in Gilgit. The sectarianism in public institutions have posed challenges in terms of the governance and administration of the province. This issue has also found traction in the debate surrounding constitutional rights as the two major sects – Sunni and Shi’a – foresee the governance models of Gilgit-Baltistan through a sectarian-tinted lens.