Corporate Governance and Firm Performance: A Case Study of Textile Spinning Firms Listed at Karachi Stock Exchange (KSE)

This paper enlightens the antecedences triggered by the governance based mechanisms upon the performance of the listed firms at Karachi Stock Exchange (KSE). For this purpose, one of the heavily contributing industries of Pakistan, the textile spinning industry has been targeted. The firms indulged within the process of empirical estimation were listed at KSE for the period of 2009 to 2017. Sources of the data were annually audited financial statements published by firms, Balance Sheet Analysis (BSA) and Financial Statement Analysis (FSA) published by the State Bank of Pakistan (SBP). The framework of study undergone descriptive analytical reasoning followed by the panel data methodological approach, utilizing fixed effect methodological adaptations at major. The results deduced that the governance based mechanisms carved by the Securities and Exchange Commission of Pakistan (SECP), upon an aggregate level, affected positively and significantly the performance of listed firms

Vulnerability to Climate Change and Socio-Economic Factors: A Comparison of Selected Districts of Punjab

This study analyzes ten districts of the province Punjab of Pakistan to investigate and compare the vulnerability of selected districts. Total Three sub-groups (socio-economic variables, adaptive capacity, bio-physical variables) are generated by using the data from Pakistan Social & Living Standard Measurement Survey (PSLM) and Pakistan Meteorological Department of the years 2014-15, to calculate total vulnerability. Using primary variables at the district level, this study determines each district’s rural and urban areas' total vulnerability score. The results show that few districts, e.g., Rawalpindi has 0.74 total vulnerability score out of 1, are highly vulnerable compared to other districts despite having a better socio-economic situation. On the other hand, few districts, like Multan, have a low vulnerability to climate change and socio-economic factors. Keywords: CO2, socio-economic, bio-physical, environment, Vulnerability. JEL Classification Codes: Q3, O13, P28

The Phytochemical and Comparative Anticancer Study of Methanolic and Chloroform Extracts of Psidium guajava L. Leaves of Pakistani Origin

The chief focus of our study is to evaluate the phytochemical and anti-cancer activity of methanol (PGM) and chloroform extracts (PGC) of the leaves of Psidium guajava (guava) collected from local area of district Sialkot, Pakistan. Shade dried milled leaves was subjected to extraction (maceration) with methanol and chloroform. Quantitative and qualitative screenings by GC-MS and phytochemical techniques were performed. Then different secondary metabolites and phytochemical compounds were identified which are typically associated with the existence of therapeutic characteristics. Psidium guajava has been extensively used as herbal remedies like, anti-diarrheal, antihypertensive, antibacterial, antifungal as well as to control obesity, ulcer, diabetes. In this study, both extracts of P. guajava were evaluated for their anticancer activities against HeLa cell-lines (cancerous cells). The healthiest anticancer response in the form of cell-line suppression was perceived with 200µg/mL of both extracts, PGM showed 81% and PGC exhibited 91% while the standard drug doxorubicin presented around 76% inhibition. The comparative better result was seen with chloroform extract than methanolic abstract. In conclusion, the chloroform and methanol extracts of our nominated plant from Pakistan origin has a good source of phytochemicals that revealed an outstanding anti-cancer potential. Keywords: Psidium guajava, anticancer, phytochemicals, methanol extracts, secondary metabolites

Tolerance of Roselle (Hibiscus Sabdariffa L.) Genotypes to Drought Stress at Vegetative Stage

Background: Hibiscus sabdariffa L. is an important medicinal and fiber plant in Sudan. Among other stresses, drought extremely limits the growth, quality and net yield of the crop. The drought effects the crop plants by imposing certain morphological, physiological and biochemical changes at different periods of growth.Methods: Current study was carried out in greenhouse settings at Center of Excellence in Molecular Biology (CEMB) to investigate the effects of drought stress. Five (5) different genotypes of Hibiscus Sabdariffa L., namely Baladimostadir (H1), Um shiak (H2), Abu shankal (H3), Rahad mix (H4) and Abu Najma (H5) were studied. Thirty (30) days old Roselle seedlings were drought stressed for 10 days and its implications on plant growth, gas exchange, water relation, chlorophyll content and proline accumulation were estimated. Substantial genotypic differences in their adaptive response to drought were observed.Results: Drought stress significantly affected the plant height; lowered the relative gas exchange efficiency and altered the physiological and biochemical responses.  In comparison with others, H2 and H4 genotypes tolerated the osmotic stress well with lower osmotic potential and higher osmotic adjustment, better water content, higher stomatal conductance, photosynthetic efficiency and chlorophyll content. Accumulation of osmoprotectant and gas exchange indicators clearly distinguished the responses of different genotypes towards water stress.Conclusion: Our results can be used for evaluation, screening, and manipulations of Hibiscus Sabdariffa L. genotypes for improvement of drought tolerance through conventional breeding or drought responsive gene isolation

Glyphosate: cancerous or not? Perspectives from both ends of the debate

Glyphosate is non-selective herbicide. Studies published in the last decade, point towards glyphosate toxicity. Shikimic acid pathway for the biosynthesis of folates and aromatic amino acids is inhibited by glyphosate. Glyphosate carcinogenicity is still considered to be a controversial issue. The World Health Organizations’ International Agency recently concluded that glyphosate is “probably carcinogenic to humans.” Some researchers believed that glyphosate is not linked with carcinogenicity

Design and development of a multi-functional bi-anisotropic metasurface with ultra-wide out of band transmission

This paper presents a multi-functional bi-anisotropic metasurface having ultra-wide out of band transmission characteristics. The proposed metasurface is comprised of 90° rotated T-shaped configuration yielding greater than or equal to 50% out-of-band transmission from above L- to X-band. Moreover, this metasurface achieves a maximum of 99% out-of-band transmission at lower frequency bands (i.e., L-band). The simultaneous absorptive and controlled reflection functionalities are achieved at 15.028 to 15.164 GHz along with polarization-insensitive and angular stable properties. The proposed metasurface yields state-of-the-art features compared to already published papers and has broader scope for Fabry Perot cavity, Radar cross-section (RCS) reduction, electromagnetic compatibility and interference (EMC/I) shielding, selective multi-frequency bolometers, ultrathin wave trapping filters, sensors and beam-splitters in the microwave domain

Limited Phosphorous Supply Improved Lipid Content of Chlorella vulgaris That Increased Phenol and 2-Chlorophenol Adsorption from Contaminated Water with Acid Treatment

Phenolic compounds are toxic and ominously present in industrial effluents, which can end up in water bodies, causing potential damage to living organisms. This study employed the dried biomass of freshwater green microalgae Chlorella vulgaris to remove phenol and 2-chlorophenol from an aqueous environment. C. vulgaris was grown under different phosphorus- (P) starved conditions, and biomass was treated with sulfuric acid. It was observed that reducing the P level enhanced the lipid content by 7.8 times while decreasing protein by 7.2 times. P-starved C. vulgaris dried biomass removed phenol and 2-chlorophenol by 69 and 57%, respectively, after 180 min from the contaminated water. Acid-treated P-starved C. vulgaris dried biomass removed phenol and 2-chlorophenol by 77 and 75%, respectively, after 180 min. Thus, an economical and eco-friendly P-starved and acid treated C. vulgaris biomass has better potential to remove phenol and 2-chlorophenol from contaminated ground water and industrial wastewater.This research has been funded by Scientific Research Deanship at University of Ha’il—Saudi Arabia through project number RG-21 105

Error management climate and job stress in project-based organizations: an empirical evidence from Pakistani aircraft manufacturing industry

Drawing on the JD-R model, this study examines the influence of error management climate (EMC) on the job stress of frontline aeronautical employees. It also analyzes the moderating role of psychological capital (PsyCap) dimensions (i.e., hope, optimism, self-efficacy, and resilience) for the relationship between error management climate and job stress. The data was collected from 208 individuals through a questionnaire survey and was analyzed using a partial least squares structural equation modeling (PLS-SEM) approach. The results revealed that employees’ perceptions of error management climate have a significant negative impact on job stress. PsyCap optimism and PsyCap self-efficacy were found to have a negative moderating influence on the relationship between EMC and job stress. The other two dimensions of hope and resilience were found to have a moderating influence in the same direction as expected, but not at statistically significant levels. The findings of this study provide a unique perspective in realizing the part national and organizational cultures could play in either enhancing or attenuating the influence of an individual’s psychological resources such as psychological capital

A multifunctional ultrathin flexible bianisotropic metasurface with miniaturized cell size

In this paper, a flexible bianisotropic metasurface possessing omega-type coupling is presented. The designed metasurface behaves differently when excited from either forward (port 1) or back (port 2) sides. It provides an absorption of 99.46% at 15.1 Gigahertz (GHz), when illuminated from port 1, whereas, on simultaneous illumination from port 2, it behaves like a partially reflective surface (PRS). Furthermore, the presented metasurface not only acts as an in-band absorptive surface (port 1) and partially reflective surface (port 2), but it also provides 97% out-of-band transmission at 7.8 GHz. The response of the presented metasurface remains the same for both transverse Electric (TE) and transverse magnetic (TM) polarized wave or any arbitrary linearly polarized wave. Additionally, the response of the metasurface is angularly stable for any oblique incidence up to 45º. The proposed ultrathin flexible metasurface with absorption, partial reflection and out-of-band transmission properties can be used in the Fabry Perrot cavity antenna for gain enhancement with radar cross-section (RCS) reduction both for passband and stop-band filtering, and conformal antenna applications