This study examines the causal relationship between stock returns and trading volume and the level of association of information asymmetry with stock return volatility and volume relationship of Pakistan at market level and firm level for the period of July 1998 to December 2008. The results...

This study evaluates the impact family ownership on the firm‟s performance for the period of 2004 to 2009 considering a sample 29 manufacturing firms listed at KSE-100 index in the Pakistani capital market. The dependent variable is performance which is measured by ROA, ROE and Q of the sample...

The objective of the study is to assess and analyze sustainability of overall public debt and sustainability of external debt of Pakistan using the debt dynamic equation for the period 1971-2008. The study has analyzed public debt sustainability through interest rate and growth rate differential...

The analysis of this study explores a set of macroeconomic variables along with market return as the systematic sources of risks explaining variations in expected stock returns for 49 stocks traded at Karachi Stock Exchange for the period 1993-2004. Some of these economic variables are found to...

This study evaluates the impact of managerial ownership on the firm‟s performance and financial policies in the context of Pakistani market for sixty non-financial firms included in KSE 100 index for the period of 2000 to 2007. The analysis support that the concentration of managerial...

This study analyses the effects of changes in government spending on aggregate economic activity and the way these effects are transmitted in case of Pakistan for the period 1971–2008. To analyse the transmission mechanism of government spending innovations, the Vector Autoregressive Model is...

The purpose of this study is to test for the weak and semi-strong form efficiency of four of the seven foreign exchange markets of South Asia; namely, Pakistan, India, Sri Lanka and Bangladesh; using three bilateral foreign exchange rates. Weak-form efficiency is examined using unit root tests...

This study investigates the determinants of the various components of debt—short- and long-term debt and their categories—in the case of nonfinancial listed firms in Pakistan for the period 2008–10. We make a significant distinction between these determinants depending on the components of...

This study analyses the demand and supply side determinants of textile and garments’ exports of Pakistan using time series data for the period 1972– 2010. Eight trading partners (US, UK, Canada, Italy, France, Japan, Spain and UAE) contributing major share in this trade have been selected...

This study examines the effect of foreign aid on the fiscal behaviour of the Government of Pakistan. It applies the Autoregressive Distributed Lag model to analyse the relationship that prevailed between grant aid, domestic borrowing, domestic revenue and development expenditure allocations...