The Empirical Nexus between Data-Driven Decision-Making and Productivity: Evidence from Pakistan’s Banking Sector

The effective use of digital technologies to create business value has generated enormous data, and using data in decision-making is vital. Although there is growing empirical evidence in favour of a positive association between informed decision-making and firm performance in developed countries, t...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Cogent business & management 2023-12, Vol.10 (1), p.1-17
Hauptverfasser: Gul, Raazia, Leong, Kelvin, Mubashar, Ammara, Al-Faryan, Mamdouh Abdulaziz Saleh, Sung, Anna
Format: Artikel
Sprache:eng
Schlagworte:
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
container_end_page 17
container_issue 1
container_start_page 1
container_title Cogent business & management
container_volume 10
creator Gul, Raazia
Leong, Kelvin
Mubashar, Ammara
Al-Faryan, Mamdouh Abdulaziz Saleh
Sung, Anna
description The effective use of digital technologies to create business value has generated enormous data, and using data in decision-making is vital. Although there is growing empirical evidence in favour of a positive association between informed decision-making and firm performance in developed countries, there is little to no evidence of a large-scale study in an emerging economic context. Moreover, there has been scant empirical evidence on how DDDM affects productivity in the banking sector of developing countries. This study examined the impact of DDDM on the productivity of Pakistan's banking sector from 2016 to 2020 based on primary and secondary data collected from banks registered in Pakistan. The findings suggest that banks who adopt DDDM practices show a 4-7% increase in productivity depending on adjustment to change. We believe this study would shed light on the importance of DDDM in the banking sector of developing countries.
doi_str_mv 10.1080/23311975.2023.2178290
format Article
fullrecord <record><control><sourceid>proquest_infor</sourceid><recordid>TN_cdi_proquest_journals_2814204428</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><doaj_id>oai_doaj_org_article_f5b7cee21f6e44dbbe0250441d42fcc7</doaj_id><sourcerecordid>2814204428</sourcerecordid><originalsourceid>FETCH-LOGICAL-c530t-52bcfd8bd3c8e6273e9cb13e9d070ab6ebd67dce3c600637e88cb61a5c7bfbb23</originalsourceid><addsrcrecordid>eNqFkctu1DAUhiMEElXbR6hkiXUGX-LEYQW0U6hUoBJlbflyXDxk7MH2TJkdr9HX40lImnJbsfE5Ov7__9j6quqE4AXBAj-njBHSd3xBMWULSjpBe_yoOpjm9XTx-K_-aXWc8wpjTHjfCEwPqnz9GdByvfHJGzWg9_Btm5GGcgsQ0Jkqqj5Lfjf1YHz2MdTv1BcfbpAKFl2laLem-J0v-xdoufMWggHkUlyjq1GWiwo_vt9l9FqFe9NHMCWmo-qJU0OG44d6WH06X16fvq0vP7y5OH11WRvOcKk51cZZoS0zAlraMeiNJuNpcYeVbkHbtrMGmGkxblkHQhjdEsVNp53WlB1WF3OujWolN8mvVdrLqLy8H8R0I1Uq3gwgHdedAaDEtdA0VmvAlOOmIbahzphuzHo2Z21S_LqFXOQqblMYny-pIA0dtVSMKj6rTIo5J3C_txIsJ1zyFy454ZIPuEYfmn1gYvD5j0sIzBhv2-kzL2eJDy6mtbqNabCyqP0Qk0sqjHQk-9-Wk3-2TCWPPCTtG9oT9hN-7LJF</addsrcrecordid><sourcetype>Open Website</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>2814204428</pqid></control><display><type>article</type><title>The Empirical Nexus between Data-Driven Decision-Making and Productivity: Evidence from Pakistan’s Banking Sector</title><source>Taylor &amp; Francis Open Access</source><source>DOAJ Directory of Open Access Journals</source><source>Elektronische Zeitschriftenbibliothek - Frei zugängliche E-Journals</source><creator>Gul, Raazia ; Leong, Kelvin ; Mubashar, Ammara ; Al-Faryan, Mamdouh Abdulaziz Saleh ; Sung, Anna</creator><creatorcontrib>Gul, Raazia ; Leong, Kelvin ; Mubashar, Ammara ; Al-Faryan, Mamdouh Abdulaziz Saleh ; Sung, Anna</creatorcontrib><description>The effective use of digital technologies to create business value has generated enormous data, and using data in decision-making is vital. Although there is growing empirical evidence in favour of a positive association between informed decision-making and firm performance in developed countries, there is little to no evidence of a large-scale study in an emerging economic context. Moreover, there has been scant empirical evidence on how DDDM affects productivity in the banking sector of developing countries. This study examined the impact of DDDM on the productivity of Pakistan's banking sector from 2016 to 2020 based on primary and secondary data collected from banks registered in Pakistan. The findings suggest that banks who adopt DDDM practices show a 4-7% increase in productivity depending on adjustment to change. We believe this study would shed light on the importance of DDDM in the banking sector of developing countries.</description><identifier>ISSN: 2331-1975</identifier><identifier>EISSN: 2331-1975</identifier><identifier>DOI: 10.1080/23311975.2023.2178290</identifier><language>eng</language><publisher>Abingdon: Taylor &amp; Francis</publisher><subject>Algorithms ; Banking ; Banking industry ; Data analysis ; Data-driven decision-making ; Decision making ; Developing countries ; Digital technology ; Digitalization ; Financial services ; Industrialized nations ; LDCs ; Productivity</subject><ispartof>Cogent business &amp; management, 2023-12, Vol.10 (1), p.1-17</ispartof><rights>2023 The Author(s). This open access article is distributed under a Creative Commons Attribution (CC-BY) 4.0 license. 2023</rights><rights>2023 The Author(s). This open access article is distributed under a Creative Commons Attribution (CC-BY) 4.0 license. This work is licensed under the Creative Commons Attribution License http://creativecommons.org/licenses/by/4.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c530t-52bcfd8bd3c8e6273e9cb13e9d070ab6ebd67dce3c600637e88cb61a5c7bfbb23</citedby><cites>FETCH-LOGICAL-c530t-52bcfd8bd3c8e6273e9cb13e9d070ab6ebd67dce3c600637e88cb61a5c7bfbb23</cites><orcidid>0000-0003-1665-807X ; 0000-0002-4909-7902</orcidid></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.tandfonline.com/doi/pdf/10.1080/23311975.2023.2178290$$EPDF$$P50$$Ginformaworld$$Hfree_for_read</linktopdf><linktohtml>$$Uhttps://www.tandfonline.com/doi/full/10.1080/23311975.2023.2178290$$EHTML$$P50$$Ginformaworld$$Hfree_for_read</linktohtml><link.rule.ids>314,776,780,860,2096,27479,27901,27902,59116,59117</link.rule.ids></links><search><creatorcontrib>Gul, Raazia</creatorcontrib><creatorcontrib>Leong, Kelvin</creatorcontrib><creatorcontrib>Mubashar, Ammara</creatorcontrib><creatorcontrib>Al-Faryan, Mamdouh Abdulaziz Saleh</creatorcontrib><creatorcontrib>Sung, Anna</creatorcontrib><title>The Empirical Nexus between Data-Driven Decision-Making and Productivity: Evidence from Pakistan’s Banking Sector</title><title>Cogent business &amp; management</title><description>The effective use of digital technologies to create business value has generated enormous data, and using data in decision-making is vital. Although there is growing empirical evidence in favour of a positive association between informed decision-making and firm performance in developed countries, there is little to no evidence of a large-scale study in an emerging economic context. Moreover, there has been scant empirical evidence on how DDDM affects productivity in the banking sector of developing countries. This study examined the impact of DDDM on the productivity of Pakistan's banking sector from 2016 to 2020 based on primary and secondary data collected from banks registered in Pakistan. The findings suggest that banks who adopt DDDM practices show a 4-7% increase in productivity depending on adjustment to change. We believe this study would shed light on the importance of DDDM in the banking sector of developing countries.</description><subject>Algorithms</subject><subject>Banking</subject><subject>Banking industry</subject><subject>Data analysis</subject><subject>Data-driven decision-making</subject><subject>Decision making</subject><subject>Developing countries</subject><subject>Digital technology</subject><subject>Digitalization</subject><subject>Financial services</subject><subject>Industrialized nations</subject><subject>LDCs</subject><subject>Productivity</subject><issn>2331-1975</issn><issn>2331-1975</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2023</creationdate><recordtype>article</recordtype><sourceid>0YH</sourceid><sourceid>BENPR</sourceid><sourceid>DOA</sourceid><recordid>eNqFkctu1DAUhiMEElXbR6hkiXUGX-LEYQW0U6hUoBJlbflyXDxk7MH2TJkdr9HX40lImnJbsfE5Ov7__9j6quqE4AXBAj-njBHSd3xBMWULSjpBe_yoOpjm9XTx-K_-aXWc8wpjTHjfCEwPqnz9GdByvfHJGzWg9_Btm5GGcgsQ0Jkqqj5Lfjf1YHz2MdTv1BcfbpAKFl2laLem-J0v-xdoufMWggHkUlyjq1GWiwo_vt9l9FqFe9NHMCWmo-qJU0OG44d6WH06X16fvq0vP7y5OH11WRvOcKk51cZZoS0zAlraMeiNJuNpcYeVbkHbtrMGmGkxblkHQhjdEsVNp53WlB1WF3OujWolN8mvVdrLqLy8H8R0I1Uq3gwgHdedAaDEtdA0VmvAlOOmIbahzphuzHo2Z21S_LqFXOQqblMYny-pIA0dtVSMKj6rTIo5J3C_txIsJ1zyFy454ZIPuEYfmn1gYvD5j0sIzBhv2-kzL2eJDy6mtbqNabCyqP0Qk0sqjHQk-9-Wk3-2TCWPPCTtG9oT9hN-7LJF</recordid><startdate>20231231</startdate><enddate>20231231</enddate><creator>Gul, Raazia</creator><creator>Leong, Kelvin</creator><creator>Mubashar, Ammara</creator><creator>Al-Faryan, Mamdouh Abdulaziz Saleh</creator><creator>Sung, Anna</creator><general>Taylor &amp; Francis</general><general>Cogent</general><general>Taylor &amp; Francis Ltd</general><general>Taylor &amp; Francis Group</general><scope>OT2</scope><scope>0YH</scope><scope>OQ6</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>3V.</scope><scope>7WY</scope><scope>7WZ</scope><scope>7XB</scope><scope>87Z</scope><scope>8FK</scope><scope>8FL</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>AZQEC</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>FRNLG</scope><scope>F~G</scope><scope>K60</scope><scope>K6~</scope><scope>L.-</scope><scope>M0C</scope><scope>PIMPY</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>Q9U</scope><scope>DOA</scope><orcidid>https://orcid.org/0000-0003-1665-807X</orcidid><orcidid>https://orcid.org/0000-0002-4909-7902</orcidid></search><sort><creationdate>20231231</creationdate><title>The Empirical Nexus between Data-Driven Decision-Making and Productivity: Evidence from Pakistan’s Banking Sector</title><author>Gul, Raazia ; Leong, Kelvin ; Mubashar, Ammara ; Al-Faryan, Mamdouh Abdulaziz Saleh ; Sung, Anna</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c530t-52bcfd8bd3c8e6273e9cb13e9d070ab6ebd67dce3c600637e88cb61a5c7bfbb23</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2023</creationdate><topic>Algorithms</topic><topic>Banking</topic><topic>Banking industry</topic><topic>Data analysis</topic><topic>Data-driven decision-making</topic><topic>Decision making</topic><topic>Developing countries</topic><topic>Digital technology</topic><topic>Digitalization</topic><topic>Financial services</topic><topic>Industrialized nations</topic><topic>LDCs</topic><topic>Productivity</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Gul, Raazia</creatorcontrib><creatorcontrib>Leong, Kelvin</creatorcontrib><creatorcontrib>Mubashar, Ammara</creatorcontrib><creatorcontrib>Al-Faryan, Mamdouh Abdulaziz Saleh</creatorcontrib><creatorcontrib>Sung, Anna</creatorcontrib><collection>EconStor</collection><collection>Taylor &amp; Francis Open Access</collection><collection>ECONIS</collection><collection>CrossRef</collection><collection>ProQuest Central (Corporate)</collection><collection>ABI/INFORM Collection</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>ABI/INFORM Global (Alumni Edition)</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection (Alumni Edition)</collection><collection>ProQuest Central (Alumni Edition)</collection><collection>ProQuest Central UK/Ireland</collection><collection>ProQuest Central Essentials</collection><collection>ProQuest Central</collection><collection>Business Premium Collection</collection><collection>ProQuest One Community College</collection><collection>ProQuest Central Korea</collection><collection>Business Premium Collection (Alumni)</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>ProQuest Business Collection (Alumni Edition)</collection><collection>ProQuest Business Collection</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM Global</collection><collection>Publicly Available Content Database</collection><collection>ProQuest One Business</collection><collection>ProQuest One Business (Alumni)</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest Central Basic</collection><collection>DOAJ Directory of Open Access Journals</collection><jtitle>Cogent business &amp; management</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Gul, Raazia</au><au>Leong, Kelvin</au><au>Mubashar, Ammara</au><au>Al-Faryan, Mamdouh Abdulaziz Saleh</au><au>Sung, Anna</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>The Empirical Nexus between Data-Driven Decision-Making and Productivity: Evidence from Pakistan’s Banking Sector</atitle><jtitle>Cogent business &amp; management</jtitle><date>2023-12-31</date><risdate>2023</risdate><volume>10</volume><issue>1</issue><spage>1</spage><epage>17</epage><pages>1-17</pages><issn>2331-1975</issn><eissn>2331-1975</eissn><abstract>The effective use of digital technologies to create business value has generated enormous data, and using data in decision-making is vital. Although there is growing empirical evidence in favour of a positive association between informed decision-making and firm performance in developed countries, there is little to no evidence of a large-scale study in an emerging economic context. Moreover, there has been scant empirical evidence on how DDDM affects productivity in the banking sector of developing countries. This study examined the impact of DDDM on the productivity of Pakistan's banking sector from 2016 to 2020 based on primary and secondary data collected from banks registered in Pakistan. The findings suggest that banks who adopt DDDM practices show a 4-7% increase in productivity depending on adjustment to change. We believe this study would shed light on the importance of DDDM in the banking sector of developing countries.</abstract><cop>Abingdon</cop><pub>Taylor &amp; Francis</pub><doi>10.1080/23311975.2023.2178290</doi><tpages>17</tpages><orcidid>https://orcid.org/0000-0003-1665-807X</orcidid><orcidid>https://orcid.org/0000-0002-4909-7902</orcidid><oa>free_for_read</oa></addata></record>
fulltext fulltext
identifier ISSN: 2331-1975
ispartof Cogent business & management, 2023-12, Vol.10 (1), p.1-17
issn 2331-1975
2331-1975
language eng
recordid cdi_proquest_journals_2814204428
source Taylor & Francis Open Access; DOAJ Directory of Open Access Journals; Elektronische Zeitschriftenbibliothek - Frei zugängliche E-Journals
subjects Algorithms
Banking
Banking industry
Data analysis
Data-driven decision-making
Decision making
Developing countries
Digital technology
Digitalization
Financial services
Industrialized nations
LDCs
Productivity
title The Empirical Nexus between Data-Driven Decision-Making and Productivity: Evidence from Pakistan’s Banking Sector
url https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-02-09T00%3A18%3A39IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_infor&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=The%20Empirical%20Nexus%20between%20Data-Driven%20Decision-Making%20and%20Productivity:%20Evidence%20from%20Pakistan%E2%80%99s%20Banking%20Sector&rft.jtitle=Cogent%20business%20&%20management&rft.au=Gul,%20Raazia&rft.date=2023-12-31&rft.volume=10&rft.issue=1&rft.spage=1&rft.epage=17&rft.pages=1-17&rft.issn=2331-1975&rft.eissn=2331-1975&rft_id=info:doi/10.1080/23311975.2023.2178290&rft_dat=%3Cproquest_infor%3E2814204428%3C/proquest_infor%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=2814204428&rft_id=info:pmid/&rft_doaj_id=oai_doaj_org_article_f5b7cee21f6e44dbbe0250441d42fcc7&rfr_iscdi=true