8. Limitations and future research directions
The results are confined to a single multinational operating in Pakistan due to its unique contextual situation hence they cannot be generalized. The study represents the signaling environment prevailing within a specific organization that has its own signaling mechanism and faces unique signaling issues. In pursuit of developing the knowledge of signaling theory further, future researchers are recommended to explore the phenomenon in other organizations and sectors of the economy and involving a wider range of stakeholders as I only looked at internal stakeholders i.e. employees. Therefore, there is significant potential to explore how the signaling mechanism would work with external stakeholders such as suppliers or the local government.