Determinants of Earnings: Evidence from Pakistan Engineering Sector

Determinants of Earnings: Evidence from Pakistan Engineering Sector


  • Journal title: Asian Economic and Financial Review
  • ISSN: 2305-2147 (print) 2222-6737 (online)
  • Publisher: Aess
  • Country of publisher: pakistan
  • Date added to EuroPub: 2017/May/11

Subject and more

  • LCC Subject Category: Finance and Financial Services, Economics
  • Publisher's keywords: Engineering sector, KSE, earning per share
  • Language of fulltext: english
  • Full-text formats available: PDF
  • Time From Submission to Publication: 8


    Kashif Imran| Applied Economics Research Centre University of Karachi., Khalid Naeem Akbar*| Applied Economics Research Centre University of Karachi.


To download PDF files Login to your Account.


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.

About Europub

EuroPub is a comprehensive, multipurpose database covering scholarly literature, with indexed records from active, authoritative journals, and indexes articles from journals all over the world. The result is an exhaustive database that assists research in every field. Easy access to a vast database at one place, reduces searching and data reviewing time considerably and helps authors in preparing new articles to a great extent. EuroPub aims at increasing the visibility of open access scholarly journals, thereby promoting their increased usage and impact.