Sabira Dilawar; Afifa Sadar Ud Din; Aiman Javaid; Sadam Hussain; Ayesha Ambreen
Volume 7, Issue 4 , April 2020, , Pages 213-229
Abstract
Fiscal policy plays a key role in the economic growth of every country. In this article, we investigate the impact of fiscal policy on economic growth in case of Pakistan by using time series data from 1981-2016. For analysis, we built a model of gross national expenditure and applied autoregressive ...
Read More
Fiscal policy plays a key role in the economic growth of every country. In this article, we investigate the impact of fiscal policy on economic growth in case of Pakistan by using time series data from 1981-2016. For analysis, we built a model of gross national expenditure and applied autoregressive distributed lag model for empirical analysis this study on the base of bound test value. The result indicates that gross national expenditure had a positive relationship with the growth rate. Moreover, industry value added had a positive and significant relation with growth rate because since countries with reliable industrial sector results in more development and growth.
Habib Ullah
Volume 6, Issue 12 , December 2019, , Pages 906-912
Abstract
This research examined impact of advertisement expenses on profitability of Food and personal care product firms listed in Pakistan Stock Exchange. 10 years data were gathered from consolidated annual financial statements of nine companies over a period of 2009 to 2018. The profitability was measured ...
Read More
This research examined impact of advertisement expenses on profitability of Food and personal care product firms listed in Pakistan Stock Exchange. 10 years data were gathered from consolidated annual financial statements of nine companies over a period of 2009 to 2018. The profitability was measured by Return on Assets. Advertising expenses was independent. The regression model was used and the data were analyzed through SPSS software. It was concluded that advertisement expenses has a significant positive impact on profitability.
Habib Ullah; Waqar Ahmad
Volume 6, Issue 11 , November 2019, , Pages 770-779
Abstract
This research study examined the impact of current and non-current assets on the profitability of pharmaceutical companies of Pakistan. For this study 9 years data was collected from the annual financial statements of six pharmaceutical companies listed in Karachi Stock Exchange over a period of 2010 ...
Read More
This research study examined the impact of current and non-current assets on the profitability of pharmaceutical companies of Pakistan. For this study 9 years data was collected from the annual financial statements of six pharmaceutical companies listed in Karachi Stock Exchange over a period of 2010 to 2018. The profitability was measured by ROA.Current and non-current assets were taken as independent variables. The regression analysis was used and the result showed that current assets have a significant positive impact with the return on assets while the fixed assets have a significant negative impact on profitability of pharmaceutical companies of Pakistan.
Usman Ullah Khan; Adil Ahmad Noor; Majid Ali
Volume 5, Issue 7 , July 2018, , Pages 535-552
Abstract
This study investigates the determinants of balance of payments for Pakistan between 1981 and 2016. This paper using ARDL bounds testing approach. ARDL technique is used to find the short run and long run relationship of these variables with BOP. The result shows that all of exchange rate, FDI, inflation ...
Read More
This study investigates the determinants of balance of payments for Pakistan between 1981 and 2016. This paper using ARDL bounds testing approach. ARDL technique is used to find the short run and long run relationship of these variables with BOP. The result shows that all of exchange rate, FDI, inflation and GDP have negative relationship with Balance of payment of Pakistan. The empirical results obtained in this paper recommend the policy to decrease balance of payment fluctuations, Pakistan government has to work on both fiscal and monetary policies and structural adjustment in order to encourage and attract private investment flows, target inflation and increase trade.
Waqar Ahmad; Aqsa Bibi; Aqsa Bibi
Volume 4, Issue 12 , December 2017, , Pages 1176-1191
Abstract
Innovation is coming from new Knowledge, and new Technology. The author select these two countries because Canada has a very strong innovative economy, while Pakistan is not so strong. The study concludes that foreign direct investment, R&D, and High-tech exports have a positive impact on economic ...
Read More
Innovation is coming from new Knowledge, and new Technology. The author select these two countries because Canada has a very strong innovative economy, while Pakistan is not so strong. The study concludes that foreign direct investment, R&D, and High-tech exports have a positive impact on economic growth, and the results show a significant positive impact on GDP, in the case of Canada. While in Pakistan this influence is not significant due to some internal problems that Pakistan faces like a low rate of domestic investment, political instability, less investment in higher education. Therefore, the comparison can be useful in adapting Canada’s innovation policy for Pakistan.
Fareeha Naz; Junaid Aftab; Muhammad Awais
Volume 3, Issue 11 , November 2016, , Pages 699-708
Abstract
Small and medium enterprises (SMEs) support countries’ economies in financial context and also create employment opportunities. Human resource management (HRM) practices are very important to equip employees via training & development, employees’ motivation through effective rewards policies ...
Read More
Small and medium enterprises (SMEs) support countries’ economies in financial context and also create employment opportunities. Human resource management (HRM) practices are very important to equip employees via training & development, employees’ motivation through effective rewards policies and effective recruitment and selection process. The global competition is one of compelling force behind companies to adopt human resource management (HRM) practices professionally. Human resource plays a vital role to improve organizational performance and create competitive advantage in this competitive era. The world has been globalized and companies are facing cut throat completion in the market. Therefore, human capital is one of major source to enhance organizational performance. Pakistani SMEs are producing heterogeneous products related to trade, agriculture business and manufacturing. A collection of 320 self-administered and well-structured questionnaires were distributed among the employees of small and medium enterprises of Multan. Only 240 forms were got back. Statistical tests like correlation and regression were applied through SPSS V22. The outcomes revealed that HRM practices (employee recruitment & selection, training & development, rewards policy and performance appraisals) are positively associated with SMEs performance. The results conclude that when HR experts of SMEs focus on improvement of these practices organizational performance would be increased.
Farrukh Shahzad; Ahsan Zia; Zeeshan Farred; Bushra Zulfiqar
Volume 1, Issue 3 , October 2014, , Pages 215-228
Abstract
The main purpose of this article is to check the growth and trend of Islamic banking and finance in the world of finance. It shows the globalization of Islamic banking through total assets of Islamic banks of different countries of the Middle East and South Asia. The findings hold that Islamic banking ...
Read More
The main purpose of this article is to check the growth and trend of Islamic banking and finance in the world of finance. It shows the globalization of Islamic banking through total assets of Islamic banks of different countries of the Middle East and South Asia. The findings hold that Islamic banking is becoming more popular and making so many improvements day by day as compare to conventional banking system throughout the world. The growing hubs of Islamic Banks provide the base line and launching pad for the promotion of Islamic banking and finance in the world market. Especially, the increase in oil prices in the Middle East Countries made the economy strong and prolong boom in the market and this factor is the cause of successful Islamic Banking in the Middle East Countries. The total assets of top class Islamic Banks of Middle East Countries (Bahrain, Iran, Jordan, Kuwait, and Lebanon) and South Asian Countries (Pakistan, Bangladesh) shows the growth and advancements of Islamic banking within the globe. This article focuses on the globalization of Islamic banking by showing the total assets in (USD million) of Islamic banks of Middle East and South Asia. For this purpose the annual reports of the perspective Islamic Banks have been taken and total assets have been showed by converting different currencies into one currency in USD million. It reflects that how the Muslim governments and Muslim community are enjoying the Islamic banking (Interest free Banking) and finance and Islamic banking is promoting day by day throughout the world.