This study investigates whether spatial agglomeration of textile and leather industry facilitates to enhance its own productivity at establishment level in the Punjab province of Pakistan. The empirical analysis is based on the survey data for the years 1995-96, 2000-2001 and 2005-06 collected...

Managerial Entrenchment means that management control a significant portion of the equity in the firm and his/her actions is inconsistent with maximizing aim of the Institute. This research examined the impact of managerial entrenchment on cost of capital stock by analyzing of changes in levels....