Interlocking directorates and financial performance : an empirical analysis of Pakistani business groups

This study explores the role of interlocking directors of Pakistani business groups and financial performance. In panel regression the effect of vertical interlocks, intra-group interlocks, leverage and sales growth are tested. Through empirical testing it is argued that vertical interlock is statistically significant and positive but intra-group interlock is statically insignificant and negative. The result suggests that vertical interlocking directors are playing key role to increase the financial performance of group member firms. A vertical interlocking director increases financial performance of group firm by supporting in coordination and promotion of transactions between group member firm and holding firm. The sample consists of 55 public limited firms listed at Pakistan Stock Exchange (PSX) and covering period is 2011 to 2015

Socioeconomic status and risk factors for cardiovascular disease (CVD) among the residents of Jammu Division (J&K-India) - A Geo Medical Analysis

The main focus of this paper is to examine the relationship between CVD risk factors and socioeconomic variables in Jammu division of Jammu and Kashmir. Cardiovascular disease (CVD) related deaths is not only the prime cause of mortality in the world, it has also continued to increase in the low and middle income countries. The study area was divided into ten districts (administrative units) in GIS environment. linear regression, binary logistic regression model, Kendal’s ranking coefficient method were employed to show the incidence, spatial variation and impact of different socioeconomic variables on CVD. The results reveals that the incidence of CVD has increased by 7.31 percent from 2008 to 2016. Samba district was having maximum change of incidence (33.24 percent), however, negative change in incidence rate was found in Udhampur district (-2.41 percent). Consumption of tobacco and alcohol are significant related to cardiovascular diseases

Interlocking directorates and financial performance : an empirical analysis of Pakistani business groups

This study explores the role of interlocking directors of Pakistani business groups and financial performance. In panel regression the effect of vertical interlocks, intra-group interlocks, leverage and sales growth are tested. Through empirical testing it is argued that vertical interlock is statistically significant and positive but intra-group interlock is statically insignificant and negative. The result suggests that vertical interlocking directors are playing key role to increase the financial performance of group member firms. A vertical interlocking director increases financial performance of group firm by supporting in coordination and promotion of transactions between group member firm and holding firm. The sample consists of 55 public limited firms listed at Pakistan Stock Exchange (PSX) and covering period is 2011 to 2015

GLOBAL RECESSION & GLOBAL FINANCIAL INSTITUTIONS: EVIDENCE FROM TOP 100 GLOBAL BRANDS (2001 – 2015)

This paper aims to present the brand equity trends among top banks and financial brands during 2001-15. The research uses the data published by world’s leading brand consultancy Interbrand. During 2001-2015, a total of 19 financial brands from seven countries appeared in the top 100 global brands list. Analyses were made on the basis of cumulative brand equity, average brand equity and growth patterns. Some major trends presented in this paper are; (a) global economic recession (2008-2009) affected the financial brands more than other sectors; (b) different clusters of financial institutions moved differently during recession and afterwards (c) dominance of American financial brands remained the key observation. JEL: D02, E02, G21, F01  Article visualizations

Do Islamic banks financially perform better than conventional banks?: a comparative study of Pakistani banks

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