Examining The Relationship Between Financial Managementpractices, Financial Decision-Making Quality, Andorganizational Performance In The Telecomsectorof Gilgit-Baltistan

Abstract

Purpose – This research aims to investigate the mediating role of Financial Decision-Making Quality in the relationship between Financial Management Practices and Organizational Performance. Design/methodology/approach – The analysis was conducted using data from 100 participants across 22 telecom sectors in Gilgit-Baltistan, Pakistan. The dimensionality and validity of the study variables were assessed using regression analysis. Findings – The research indicates that forecasting organizational performance requires financial management practices. The quality of financial decision-making enhances the link between financial management practices and organizational performance. Research limitations/implications – In the Gilgit-Baltistan setting, the data were restricted to a cross-sectional design, which would make it less suitable for extrapolation throughout Pakistan. Furthermore, the sample size is comparatively smaller, although this has no negative impact on the results. Originality/value – In the context of Pakistan, there is currently insufficient study on the role of financial management procedures and the quality of financial decision-making. This research offers a comprehensive analysis of how the quality of financial decision-making affects the relationship between financial management practices and organizational performance.

Keywords: Financial Assessment, Financial Decision-Making Quality, Organizational Performance, Gilgit-Baltistan Pakistan