محمد عباس اثرؔ(۱۹۰۱ء۔پ) کا اصل نام محمد عباس اور اثرؔ تخلص کرتے تھے۔ اثر ؔراولپنڈی میں پیدا ہوئے۔ سیالکوٹ میں بزمِ افکار کا احیا کیا اور اس بزم کے صدر بنے۔ اثر سیالکوٹ میں حلقہ اربابِ ذوق کے ممبر بھی منتخب ہوئے۔ آپ نعت‘ غزل‘ نظم اور قطعات لکھتے تھے ۔(۳۴۴) اثر روایتی شاعر ہیں۔ ان کی شاعری توحید و رسالت‘ یاسیت اور دردو غم میں ڈوبی ہوئی ہے۔ نمونۂ کلام ملاحظہ ہو:
آج کچھ اور حال ہے دل کا
/بجھ رہا ہے چراغ محفل کا
-اک بگولہ اٹھا سرِ منزل
-اڑ رہا ہے غبار منزل کا
3غم کی کونپل نگاہ سے پھوٹی
/کوئی ٹوٹا ہے آبلہ دل کا
5آندھی اٹھی اثرؔ بڑھاؤ قدم
/بجھ رہا ہے چراغ منزل کا
(۳۴۵)
کیا سناتے انہیں ہم حال سنایا نہ گیا
درد محسوس تو ہوتا تھا دکھایا نہ گیا
اور تو رنج کئی ہم نے اٹھائے لیکن
رنج بے مہری احباب اٹھایا نہ گیا
(۳۴۶)
/شکستِ غم آرزو درد بن کر
میرے دل کو رہتا ہے اکثر لپیٹے
اثر میں نے اشعار میں ضبطِ غم سے
3سلگتے ہوئے چند آنسو سمیٹے
(۳۴۷)
This study aims to analyze and examine the influence of employee commitment and cultural organizational factors towards employees of the Job Performance, Regional Secretariat (SetDa) Riau Province both simultaneously (overall test) and partial (individual test). The research method used is verification, while the population in this study is the Regional Secretariat (SetDa) Riau Province based on increasing totaling 402 people. By using the method of proportional stratified random sampling in the sample amount to obtain 40 respondents. While data collection technology is used by the field study and library that includes observation, interviews and question-naires, and to determine the relationship and the influence of an independent variable to the model variables to use Multiple Linear Regression Analysis. The results showed that the calculated results obtained statistically Multiple Correlation Coefficient (R) was 0.8950 with p <0.05 and the coefficient value of Determination (R2) 80.11%. This means that approximately 80.11% of employee commitment and organizational culture factors have a significant influence on employee job performance. Partial test showed that the partial coefficient of determination values contained in the organizational culture variables for (r2) = 54.58% with p = 0.00000 and tresult = 7.515> ttable = 1.678 and ttable variables for employee commitment (r2) = 78, 74% with p = 0.00000 and tresult = 13.196> ttable = 1.678. These results indicate that organizational cultural factors and employee commitment have a significant relationship influence on employee job performance of the Riau Province Regional Secretariat (SetDa).
The central theme of this research study is related with the role of idiosyncratic risk in commodity and stock returns of Pakistan being emerging markets of the world. In the framework of asset pricing, literature suggests that idiosyncratic risk is independent to the specific assets therefore it has no role in explaining the returns. However, modern portfolio theory suggests that in under diversified portfolio, idiosyncratic risk has the positive relationship with stock returns, while the negative association of idiosyncratic risk has also been reported by different scholars. To settle this conflict through Pakistani context, the current study investigates the role of idiosyncratic risk empirically in these two financial markets. Stock market is divided into two sectors i.e. financial sector including returns of financial companies and non-financial sector comprising data of non-financial companies. The daily and monthly data are taken from January 2005 to 2016 for analysis. For commodity market of Pakistan which is totally independent from stock market, separate daily data set is taken from 2011 to 2016. As the data is of quantitative in nature therefore various statistical tools are applied for this purpose. Cross sectional regression is used for testing the association between expected conditional idiosyncratic risk and returns. Conditional idiosyncratic risk is estimated through Egarch model for both markets. The empirical results showed that conditional idiosyncratic risk and return of non-financial, financial and commodity returns has significant positive relationship after controlling the different factors such as value, momentum and size etc. whereas the lag idiosyncratic risk has no relationship with returns of stocks and commodities. The empirical evidence confirms the findings of previous studies. In the end it is suggested that investors can develop profitable portfolio after considering the idiosyncratic risk.