Since 2014
Corporate Profitability:Investigation of KSE-100 Index Pakistan
Research Journal of Finance and Accounting
View Archive Info| Field | Value | |
| Title |
Corporate Profitability:Investigation of KSE-100 Index Pakistan
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| Creator |
Iqbal, Sajid
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| Description |
The current study is aimed to investigate the relationship between macro-economic and micro-economic variables with firm’s profitability at Karachi stock Exchange. Macro-economic variables are measured by using proxies of Inflation rate and per capita income. While, micro-economic variables are measured by using proxies of corporate governance, capital structure, risk management, firm maturity, market valuation of companies and working capital management. The measurement proxies of such variables are mentioned in methodological section. The data is acquired from KSE.100 index within the range from 2005 to 2014 that consists on ten years. And connivance sampling technique is used. The nature of study is panel. Thus, Correlation tests and Hausman’s test – Fixed effect model test are implied on study data. The study presented significant results as like prior investigations except hypothesis if inflation rate and Quick acid ratio of working capital management. Thus, one hypothesis from macro-economic variables and none hypothesis from micro-economic variables are rejected. Keywords: Governance, Capital Structure, Risk Management, Firm Maturity, Tobin’s q. Panel Data, Hausman’s test.
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| Publisher |
The International Institute for Science, Technology and Education (IISTE)
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| Date |
2016-01-02
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| Type |
info:eu-repo/semantics/article
Peer-reviewed Article info:eu-repo/semantics/publishedVersion |
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| Format |
application/pdf
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| Identifier |
http://iiste.org/Journals/index.php/RJFA/article/view/27832
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| Source |
Research Journal of Finance and Accounting; Vol 6, No 23 (2015); 47-51
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| Language |
eng
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| Relation |
http://iiste.org/Journals/index.php/RJFA/article/view/27832/28535
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| Rights |
Submission of an article implies that the work described has not been published previously (except in the form of an abstract or as part of a published lecture or academic thesis), that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, in English or in any other language, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Copyrights for articles published are retained by the authors, with first publication rights granted to the journal. The journal/publisher is not responsible for subsequent uses of the work. It is the author's responsibility to bring an infringement action if so desired by the author.
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