This is the first book lenght treatment of the financial management process in Pakistan. The authors explain financial management theories and practices in the context of the Pakistani legal and institutional environment focusing on decisions taken by firms and banks in Pakistan. The book is...

A number of capital budgeting techniques find place in basic as well as advanced text books on Financial Management and Corporate Finance. Each technique has its pros and cons as a decision making tool.The research paper investigates the decision making practices of Pakistani companies with...

Mismatch between average maturities of assets and liabilities expose a business organization to liquidity risk and interest rate risk. Such a mismatch has been a major contributor to the adverse financial performance of commercial banks in Pakistan, the phenomenon being more pronounced in the...

This study examines the strength of linkage between current risk management practices and profitability of five Islamic Banks in Pakistan. In order to achieve this objective, the current risk management practices of five Islamic banks were studied and quantified over a period of seven years. The...

The Capital Asset Pricing Model (CAPM) and Arbitrage Portfolio Theory (APT) have been commonly used techniques in the global investing community for calculating the required return of a risky asset. This paper investigates whether CAPM and APT are valid models for determining price/return of the...

This study focuses on investigating the factors influencing the capital structure of seven companies listed in the pharma and biotech sector of the Karachi Stock Exchange. Leverage has been designated as a representative of capital structure. Seven variables (all financial) are assumed...

For any business concern the net profit or bottom line for a particular time period is the end result of its investing, financing and operating activities. These activities can be visualized as being influenced by management's decisions and a host of internal and external environmental factors....