Shah, Syed Hamid Ali - 2019
family ownership, lesser trading volume, and smaller capital market, investors in Pakistan are not sufficiently diversified … stock market of Pakistan? Data of 194 nonfinancial firms listed on KSE (now PSX) for a period of time from January 5, 2004 … to October 13, 2008 is analyzed. It is concluded that assets' pricing decisions in Pakistan stock market are based on …