Do financial variables affect the systematic risk in sugar industry?
Journal Title: Pakistan Administrative Review - Year 2018, Vol 2, Issue 2
Abstract
The purpose of this study is to investigate the relationship between financial variables and systematic risk. The studied variables are explored as determinants of systematic risk. This study analyzed the annual data over the period of 2005-2015 from selective industry. To test the studied hypotheses simultaneously, panel tests were applied along with multiple regression analysis approach. The findings of sugar industry have shown that liquidity, leverage (insignificant), operating efficiency, dividend payout, and chin model are inversely associated while profitability and Tobin q (insignificant) are positively related with Systematic risk. The regression results show that significant association of liquidity, profitability, operating efficiency, growth, dividend payout and chin model are with earlier studies. The studied variables have decisive impact for determinants of Systematic risk. Findings are fruitful for all stakeholders to maximize the returns by reducing the risk factors.
Authors and Affiliations
Qaiser Ali Malik, Muhammad Kamran
Keywords
Related Articles
- EP ID EP426946
- DOI -
- Views 69
- Downloads 0
Socio-Economic Effects of Children Employment Law in Reducing Child Labor in Punjab-Pakistan
Children do laborious work because of many reasons out of which the most important is the pressure to help the family escaping from extreme poverty. Though the children are not given adequate payment for their work and t...
The Role of Women’s Education in the Modern Nation-State
The authors examine the history of women’s education and the rise of the modern nation-state. The paper seeks to correlate advances in women’s education to the rising status of nations within the global state system. It...
China Pakistan Economic Corridor (CPEC): Challenges and Prospects
China-Pakistan Economic Corridor (CPEC) is believed to be a game changer for the whole region. Presently, some extra regional powers are also interested in taking benefits from this El-Dorado. In this scenario the phenom...
Do financial variables affect the systematic risk in sugar industry?
The purpose of this study is to investigate the relationship between financial variables and systematic risk. The studied variables are explored as determinants of systematic risk. This study analyzed the annual data ove...
Impact of television advertisement on unhealthy weight control behaviors and eating disorders: Mediating role of body image
This research is conducted to analysis the impact of Television Advertisement on Unhealthy Weight Control Behaviors and Eating Disorder with the mediating role of Body Image. The research is conducted to analyze the medi...