Skip to main content

Posts

Personal Interest on career choice

Personal interest is one of the main factors that influence the choice of career of a fresh undergraduate. According to Gacohi (2017), the majority of her respondents indicated that choosing their most preferred field of study was largely influenced by their interest in a certain vocation. A person is more likely to feel passionate about something when they are really interested in it. This passion fuels motivation and a willingness to put up the time and effort necessary to acquire knowledge and proficiency in that field. In a study conducted in Pakistan (2018) by A. A. Humayon, Raza, Aamir Khan, and Ansari, they stated that People should take their personal interests into account when making career decisions because: 1) They would perform better in the field that interests them; 2) People who choose careers that match their personal interests are typically successful; and 3) People could experience greater fulfillment and happiness while working in the field of interest by. Personal ...
Post a Comment
Read more
Recent posts

Economic Consideration on career choice

People typically analyze numerous economic considerations that can affect their financial well-being and overall quality of life when choosing a professional path, and these factors play a key part in choosing a career. According to Erikson et al, (2013) the choice of a student's career is greatly influenced by economic factors (Income expectation). A study conducted in Indonesia (Hassan, 2015) they found that In Indonesian universities, undergraduate students' career decisions are heavily influenced by economic factors. The desire to serve others as well, job availability after graduation, and the possibility to make a decent salary were identified by Mashige and Oduntan (2011) to be the most highly  regarded variables that impact the choices of individuals to pursue a career in the field of optics. People strive to select a profession that might provide a solid foundation for a higher standard of living (Cavus, Geri, & Turgunbayeva, 2015). In their study in 2017, Al-Lawa...
Post a Comment
Read more

Corporate Governance in Sri Lanka

The corporate governance environment in Sri Lanka is governed by a number of laws, rules, and regulations that control various kinds of companies. A key piece of law that lays the groundwork for businesses operating in the nation is the Companies Act of 2007. The principal regulatory agency in charge of regulating matters pertaining to corporate governance and the capital market is the Securities and Exchange Commission of Sri Lanka (SEC). Guidelines for listed businesses  in Sri Lanka are provided by the SEC's Code of Best Practice on Corporate Governance. The charter strives to advance responsible corporate behavior, safeguard shareholder rights, and improve accountability and transparency. It addresses a number of facets of corporate governance, such as the make-up of the board, audit procedures, risk management, and disclosure obligations. The board of directors, which oversees and gives corporations strategic direction, is essential to corporate governance. According to resear...
Post a Comment
Read more

Family Influence on career choice

As the saying goes, “charity begins at home.” Hence, it is not surprising that individuals, especially young adults, learn about careers through their parents or family members (Fenu, 2021). There is a greater chance of family influence in their children‟s career decision. Biggart et al. (2004) indicate that parents are the most frequently cited "catalyst" for starting the decision-making process in their examination of the Scottish School Leavers Survey (SSLS) data. Fresh graduates are largely influenced by their family members because they have not yet step into the practical world of work. Family members have the power to directly or indirectly affect a young person's career choice by offering advice and information (Kniveton, 2004). Parents typically want the best for their young ones (Maina, 2013) and think that the children must have stable jobs that pay well in order for them to have a happy and secure future (Napompech, 2011). They might advise their kids to choos...
Post a Comment
Read more

Theories of Career Choice

Person – Environment Fit (P: E Fit) Theory Each person has some unique set of interest and skills as well as different jobs require different skills and characters. When a person with the specific interest and skill finds a job with requirements which match those interests and their specific skills, then that individual is likely to be a great fit for that career. People – Environmental fit theories are essentially an occupational fit approach to career guidance. Frank Parson described this process when he founded a career counseling agency in Boston, Massachusetts (Parsons 1909). This approach was used by Roger (1952), who used a series of questions to guide the interviews that he does with clients seeking career advice. His “seven-Point Plan” was widely used in the 1950s to provide career guidance to young graduates. John Holland (1985) elaborated P: E Fit theories. Holland focused on the differences between individuals rather than their similarities. It identifies six type of indivi...
Post a Comment
Read more

Career Choice

The term "career" finds its origins in both the French and Latin languages. Geçikli (2002) provides a definition of career as an individual's professional, marketable, or business activities that span from their educational years throughout their lifetime. Additionally, a career can be seen as a personalized roadmap for an individual's professional journey (Latif, Aziz, & Ahmed, 2016). Furthermore, career choice is the process by which an individual makes decisions regarding their specific career path (Kolawole, Osundina, James, & Abolaji, 2012).  One of the most important decisions in a person‟s life is their employment. The appropriate profession decision can result in a successful and rewarding life, whereas the incorrect career decision can cause dissatisfaction and regret. In today‟s fast paced and competitive world, career decisions are becoming more and more crucial. The concept of career choices has changed over time. How a person perceives social and ...
Post a Comment
Read more

Corporate Governance

Financial distress is indicated by poor financial reports, particularly in the reporting of earnings and cash flows. Because there is no guarantee that the money will be returned, this condition may make investors and creditors reluctant to contribute money. The Altman Z-Score is a financial statement analysis-based measure of financial distress created by Altman in 1968. The risk of bankruptcy decreases with increasing Score value; on the other hand, if the Score is low, the risk of bankruptcy may grow (Noviyani & Yulianti, 2022).  The proportions of institutional ownership, management ownership, independent commissioners, and audit committees are among the corporate governance techniques that are frequently utilized (Almalita, 2017). Institutional ownership is the possession of a firm at the end of the year by a governmental body, a company under legal authority, a financial institution, a foreign institution, a funding institution, and/or another institution (Suparlan & ...
Post a Comment
Read more