Finance

Finance plays an increasingly important role in economic growth and development of nations around the world. These roles are in many different forms, they include but not limited to channelling saving

The study examined the relationship between determinants of dividend payout ratios from the context of a developing country like Pakistan. The primary objective of this thesis is to find out whether numerous factors influence the dividend payout ratio of Sugar Sector in Pakistan.

This research studies the relation between traditional finance and behavioural Finance. This study is an attempt to understand whether investors always follow traditional finance perspective or catch by their own beliefs or trial and error behaviour.

The literature on VAT is relatively small compared to its rapid spread and seemingly attractive worldwide. This section reviews the literature, with particular emphasis on the impact of VAT as a consumption tax on consumption behaviour and economic growth.

Introduction
M & M – Risk management is irrelevant to the firm, shareholders can themselves eliminate any risk they do not wish to be exposed too (through diversification for example). However,

Introduction
In 1961, the Non-Banking Finance Companies (NBFCs) in India were brought into loose yet legalized regulatory framework from largely unregulated framework. The regulation of these institut

Credit derivatives swaps (CDS) are the main pillars in the credit derivatives market and represent about half of its volume (George Spentzos, 2005). A CDS is a bilateral contract between a protection

Theory
The stock investment process looks considerably different depending on the investor’s belief about market efficiency. The discussion in the academic literature about whether the stock mar

Introduction
An interest rate is the rate at which interest is paid by a borrower for the use of money that they borrow from a lender. Interest’s rates are fundamental to a capitalist society. I

2.1 What is cash flow?
Cash flow statement is about where the money came or will come from, where it went and will go. In short, cash flow statements show the predictability, timing and amount of cas

This paper focuses on common stock returns governed by a formula structure; the APT is a one-period model, in which avoidance of arbitrage over static portfolios of these assets leads to a linear relation between the expected return and its covariance with the factors.

This chapter discusses the theoretical framework of cash and cash management, covering early studies between 1980 to 1999 and current studies covering 2000 to 2009.

Williamson in his article, “Corporate Finance and Corporate Governance”, analyzed the effects of tangible assets and probability of bankruptcy on the relationship between capital structure, leverage, and asset liquidity.

We start the chapter with reviewing the empirical literature related to the monetary policy transmission mechanisms, as previous studies provide us with necessary tools and ideas for performing the em

Corporate governance is a recent concept that encompasses many issues like internal control, rights and relation with stakeholders, social responsibility of the business, structure and role of the man