Determinants of Earnings: Evidence from Pakistan Engineering Sector
Journal Title: Asian Economic and Financial Review - Year 2011, Vol 1, Issue 1
Abstract
Engineering sector plays a considerable role in Pakistan’s economy. The contributionof engineering industry to GDP is $2 billion and it provides employment tosignificant personnel. The engineering sector in a number of economies of the world,works as a major and speedy engine of economic growth. This study is an attempt toidentify the factors affecting the earnings of engineering sector of Pakistan, by usingthe panel data of twenty-seven engineering firms listed on Karachi Stock Exchange(KSE) covering the period of 1990 to 2008. It is found that, in the long run NetWorking Capital, and GDP growth has a positive impact on Earnings per Share andOperating Ratio, Net Fixed Assets and GDP deflator has a negative impact whileInterest rate has not significant effect on earnings per share.
Authors and Affiliations
Kashif Imran| Applied Economics Research Centre University of Karachi., Khalid Naeem Akbar*| Applied Economics Research Centre University of Karachi.
CANONICAL COALITION GAME THEORY FOR OPTIMAL PORTFOLIO SELECTION
Special mathematical techniques have been developed in order to analyze conflict-competition situations. Game theory provides a formal analytical framework with a set of mathematical tools to study the complex intersecti...
DETERMINANTS OF SAVINGS AND CAPITAL FORMATION AMONG RURAL FARMERS IN ISOKO NORTH LOCAL GOVERNMENT AREA OF DELTA STATE, NIGERIA
This study examined the determinants of savings and capital accumulation in Isoko north local government area of Delta state, Nigeria. It specifically sought to identify the socioeconomic/demographic variables of the rur...
COMMERCIAL BANK NON-INTEREST FEE CHARGES: ARE FEE CHARGES DIFFERENT BETWEEN ISLAMIC BANKS AND CONVENTIONAL BANKS? EVIDENCE FROM BANGLADESH
In the Western world, consumers complain about the soaring of non-interest bank fees during the recent years, the post global financial crisis in particular. Commercial banks charge a variety of non-interest fees for the...
ENHANCING EMPLOYEE PERFORMANCE IN NIGERIA THROUGH EFFICIENT TIME MANAGEMENT FRAMEWORKS
In developing countries like Nigeria, the need for time management in organizations cannot be over emphasized. Time management helps in achieving individual and organizational goals in view of the limited amount of time...
An Investigation of Small and Micro-Enterprise Owners’ Perceptions Towards Financial Credit Offered by Commercial Banks in the Cape Coast Metropolitan Area of Ghana
This paper reports on a study conducted by collecting data from both the demand and supply sides of formal finance to understand the perceptions of each party towards the other, regarding financial credit offered by comm...