MS or Mphil

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    RELATIONSHIP BETWEEN WORKING CAPITAL POLICIES AND FINANCIAL PERFORMANCE
    (UMT, Lahore, 2015) MUHAMMAD HUSSAIN QURESHI
    Conventionally, the researchers in corporate finance have paid attention on long- term financial decision making, especially capital structure, dividends, investment, and firms’ valuation decisions. However.
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    Impact of Corporate Social Responsibility on Financial Performance: A Case of KSE Non-Financial Firms
    (UMT, Lahore, 2015) Burhan Rasheed
    Conventionally, the researchers in Pakistan indicated investment in Corporate Social Responsibility (CSR), and its impact on Corporate Financial Performance (CFP). Basically there are three methods: in first method CSR is measured by investment in CSR activities; second method is content analysis of CSR disclosure in financial reports. Third method is based on reputation index of firms regarding CSR, given by independent agencies. In Pakistan, there is not a single authority to give reputation index, so this method is not applicable in Pakistan. In this study first two methods are focused to examine the impact of corporate social responsibility on corporate financial performance of 70 public limited companies listed in Karachi Stock Exchange. But due to unavailability of data it limited to 50 non-financial firms for the time period of 2008-2013. Results of this study showed that CSR has positive impact on CFP. Investment in CSR has positive impact on both profits before tax and earnings per share. CSR disclosure also has positive impact on return on sales, return on equity and return on assets.
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    The post-merger Performance of Non-Financial Acquiring Firms
    (UMT, Lahore, 2015) Muhammad Nauman Malik
    This study highlights the importance of mergers and acquisitions as an inorganic growth strategy. The study examines the impact of mergers and acquisitions on the financial performance of 18 non-financial Pakistani companies involved in the M&A activity during 2008 and 2009.
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    The Impact of Auditor Tenure on Audit Quality; Evidence from Pakistan
    (UMT, Lahore, 2016) Zohair Farooq Malik
    This study aims to examine the impact of auditor-client-relationship tenure on the quality of audit and whether the mandatory auditor-rotation will result in enhancement of audit quality. Discretionary accruals calculated with the help of Modified Jones Model 1991 are used as the proxy for audit quality.
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    Measuring the Impact of Corporate Governance on Dividend Payouts
    (UMT, Lahore, 2016) SADIA REHMAN
    The main objective ofthis study is to examine the impact ofcorporate governance on dividend payouts in the context of non financial sector companies in Pakistan. Ail compames have a sound ground for agency theory and it guided to management that they should work for the benefit and in the interest of investors. This study has a primary object to check the impact ofCG on dividend payments. Because it was just a prepositional theory that dividend payment may cause to reduce the agency cost. So it has been verified through this research work. This work also helpful to investors in the context that it will suggest a layout to the shareholders in the form of dividend paid, to adopt the corporate governance system for organization. For this purpose a sample set of60 non financial companies related to different sector has been extracted with random sampling technique from Karachi Stock Exchange. All compames almost having same firm size value. Dividend payout has been measured through dividend per share. On other hand,corporate governance is measured through two determinants named as, board composition and ownership structure. Board composition has two variables named as, board size and board gender. However,ownership structure has three variables named as, individual ownership,institutional ownership and director's ownership. Sales growth, profitability (earnings per share)and leverage (debt ratio) has been taken as control variables in study. VII ' Results showed board size and board gender both have negative impact on dividend per share. The relation of both with dependent variables is significant. However,Individual ownership has negative impact on dividend per share and has significant relation. Institutional ownership has positive impact of DPS,but director's ownership has negative impact on DPS. But both are insignificant. These hypotheses are rejected. On other hand, sales growth has negative impact on dividend share and earnings per share has positive impact on dividend per share, but both have significant relation with dividend per share
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    The Impact of the Corporate Governance’ Characteristics on Corporate Social Responsibility Disclosure Index of Islamic and conventional banks in Pakistan
    (UMT, Lahore, 2017) MARIAM PARVEEN
    This study focuses on analyzing the relationship between determinants of corporate governance framework and disclosure of corporate social responsibility among Islamic and conventional banks in Pakistan.
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    Does Discretionary Accruals Affect the Financing Behaviour of Firms
    (UMT, Lahore, 2017) Muhammad Rehan Siddique
    In order to run organizations effectively and efficiently capital structure is consider as essential element. Researchers often try to explain the determinants of capital structure.
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    Cash Dividend Disbursement, Retained Earnings and their Impact on Stock Price Volatility
    (UMT, Lahore, 2017) Adil Shaheen
    How corporate dividend policy and retained earning impacts on market stock price volatility is broadly researched topic beside this it remained a matter of discussion since over last five decades. This study is conducted to know the relationship of corporate dividend policy (cash dividends), retained earnings and their impact on stock price volatility
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    The Impact of Earnings Management on Dividend Policy: An Empirical Study of Selected Non-financial Listed Companies of Pakista
    (UMT, Lahore, 2017) Muhammad Idrees
    Studying dividend policy has become an inspiring catch all in the eyes of investors. Firms oftoday are in need of such mangers that may help them in establishing a strong dividend policy to the best interest ofthe organization as well as of stakeholders. Literature is also clear about the fact that managers are involved in establishing such dividend policies that could benefit their stakeholders. Past studies have established a link among profitability, retained earnings, size of the firm and dividend policy, but how earnings management effect an organization's dividend policy needs further attention. Therefore, this study aims at identifying the impact of earnings management on dividend policy. A set of 41 companies have been selected among non-financial listed companies of Pakistan Stock Exchange. Study period under review is from 2010 to 2015. Modified Cross-Sectional Jones Model (1995) has been applied in order to determine the discretionary accruals which is proxy of earnings management. The outcome of study with the help of random effect model is showing a negative relationship of earnings management with dividend policy and it is not significant in the determination of dividend payout of every firm. The results further strengthen the fact that an effective corporate governance mechanism has been found in the selected listed organizations. So by adding up discretionary accruals to a larger extent the dividend payment ratio will decrease rather showing an upward trend. Finally on the basis of research findings we may conclude that in order to facilitate or constrains dividend payments, earnings management does not play a pivotal role, rather managers ofthe firms have some other motives for managing accruals.
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    Empirical analysis of Acquisition and financial performance of Acquirer’s firm
    (UMT, Lahore, 2017) Muhammad Shahid Akbar
    This study is indicative of the significance of mergers and acquisition as a strategy to be known as an inorganic Growth Strategy. In this study, there is a view on the impact of financial performance of firms.
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    Forensic Accounting, its scope & effectiveness in current scenario
    (UMT, Lahore, 2018) Humma Safdar
    This study is conducted to test the scope and effectiveness in application of forensic accounting in Pakistan. It is an emerging field which deals with investigative style of accounting that emerges from actual or anticipated disputes.
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    Financial Distress And Corporate Governance
    (UMT, Lahore, 2018) Waqas Ahmed
    The present study is conducted to determine the relationship between corporate governance and financial distress. The objective of this study is to analyze whether corporate governance variables can predict financial distress, and to explore relationship between corporate governance mechanisms and financial distress for Pakistani listed companies.
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    THE IMPACT OF AUDIT QUALITY ON FIRM’S FINANCIAL PERFORMANCE
    (UMT, Lahore, 2019) MADIHA YAQOOB
    Research on impact of audit quality on firm’s financial performance is attractive issue for investors. Today organizations are in need of such managers that may help them in establishing strong accounting policies to the best interest of the organization as well as stakeholders.
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    Ownership concentration, Executive compensation and the value effect of related party transactions
    (UMT, Lahore, 2019) Ali Raza Bokhari
    This research aims to examine the influence of related party transactions, executive compensation & ownership structure on the firm performance and value. Through these empirical findings, it is proved that the related party transactions, executive compensation & structure of ownership significantly influence on the performance and value of the firm.
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    FACTORS INFLUENCING THE MUDHARABAH BASED DEPOSITS
    (UMT, Lahore, 2019) Neha Arshad
    This study aims to investigate the factors influencing the deposits in Islamic banks of Pakistan. The focus of this study is on the Mudarabah deposits because it is the major source of funding for Islamic banks. For that purpose, a model is set up to estimate the factors that influence the Mudarabah based deposits in Islamic banks.
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    Corporate Social Responsibility, Ownership Structure and Firm Performance: Evidence from Pakistan
    (UMT, Lahore, 2019) Tehreem Zahid
    In today’s dynamic environment, organizations are in pressure because of the growing importance of the corporate social responsibility activities. They have a risk of losing their stakeholder’s support if they would not engage themselves in corporate social responsibility activities which could ultimately affect their financial as well non-financial position in the market place. The aim of this study is to examine the relationship between corporate social responsibility and different ownership structure (managerial, institutional and foreign ownership), and to determine the influence of corporate social responsibility and firm performance. The data is taken from non-financial listed PSX-100 index firms over the period 2013 to 2017. Logistic regression and panel data regression models applied to achieve the objectives of the study. The study found that corporate social responsibility is influenced greatly by institutional ownership, foreign ownership and firm size, whereas there is no significant association between managerial ownership and corporate social responsibility. Furthermore, the empirical findings show that firm performance (ROA, ROE, and EBIT) has a statistically significant and positive relation with corporate social responsibility, firm size and leverage. The study helps the management in their management decision making process that whether they should involve in CSR activities or not, and up to what extent they should engage in different types of ownership structure. The research also helps the government agencies concerning with environmental pollution to control the organizations by bringing out some new legislation regarding CSR in the firms.
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    Mergers & Acquisitions: Effect on Financial Performance of Acquirer Bank
    (UMT, Lahore, 2019) Ali Afraz
    The world is facing the challenge of globalization and other technological advancements and firms consistently pursing to take a competitive edge over its opponents. The objective of this study is to analyze whether Merger and Acquisition have improved the financial performance of the acquirer bank.
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    The Impact of Capital Regulation on Banks Risk-Taking Decision.
    (UMT, Lahore, 2019) Dur-e-sameen
    Bank failures increased in 1980 due to weak capital maintenance policies. To solve these bank crises, in 1981 many regulatory committees’ issues Risk-Based Capital Regulation for the banking industry and financial institutions. Risk-Based capital regulations were first introduced for commercial banks by State Bank of Pakistan (SBP) in 1997.
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    THE IMPACT OF AUDIT QUALITY ON FIRM’S FINANCIAL PERFORMANCE
    (UMT, Lahore, 2019) MADIHA YAQOOB
    Research on impact of audit quality on firm’s financial performance is attractive issue for investors. Today organizations are in need of such managers that may help them in establishing strong accounting policies to the best interest of the organization as well as stakeholders.
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