Purpose – This study aims to examine the existence of capital structure dynamics and speed of adjustment during different economic periods. This study adds to the existing body of literature by investigating the factors influencing adjustment process toward target debt in developing economies....

Purpose – The purpose of this paper is to examine the long-run relationship and short-term linkage between the Asian REIT markets and their respective macroeconomic variables. Design/methodology/approach – The data collected comprised total return REIT Index from Japan, Hong Kong, Singapore,...

The aim of the research study was to explore the effects of Dividend payout ratio on the firm profitability. This study was conducted on the non-financial firms listed in Karachi Stock Exchange (KSE) 100 index. The data were collected since 2008-2012 from the annual reports and Balance sheet...

The academic literature on IPOs short run performance grown quite rapidly over the last decade, due to its puzzling phenomena of under pricing. The current study aims at conducting a non-systematic review of literature on the theories and empirical evidences of initial public offering (IPO)...

Firms have been found to use different methods when evaluating theircapital investments, and may also be using multiple appraisal methods. Fewexplanations have been provided to adequately account for the differences inthe firms' choice of appraisal techniques. The purpose of this research is...