Application of Finance Techniques: An Empirical Analysis of Pakistani Corporate Sector

Actual Problems of Economics, No. 9, p. 394, 2011

11 Pages Posted: 16 Oct 2011

See all articles by Ahmed Imran Hunjra

Ahmed Imran Hunjra

University of Waikato; Pir Mehr Ali Shah Arid Agriculture University Rawalpindi (PMAS)

Ghulam Shabbir Khan Niazi

affiliation not provided to SSRN

Syed Waqar Akbar

affiliation not provided to SSRN

Kashif Ur Rehman

IQRA University - Islamabad Campus

Date Written: September 27, 2011

Abstract

The study reviews the core areas of the finance functions and their level of applications in Pakistani corporate sector. A total of seventy questionnaires were distributed in different companies but fifty three were received and forty nine were processed and the potential respondents were the finance executives and financial analysts of the companies. The study concludes that respondents are well aware of finance functions; out of these functions applications of capital structure decisions are being properly practiced while dividend policy is a major concern in most of the organizations. Investment appraisal techniques are not followed systematically due to constraints on capital investment and availability of resources. Working capital policy and financial performance assessment ratios are practiced in Pakistani corporate sector at large.

Keywords: Finance Functions, Corporate Sector, Finance Executives and Analysts

Suggested Citation

Hunjra, Ahmed Imran and Niazi, Ghulam Shabbir Khan and Akbar, Syed Waqar and Rehman, Kashif Ur, Application of Finance Techniques: An Empirical Analysis of Pakistani Corporate Sector (September 27, 2011). Actual Problems of Economics, No. 9, p. 394, 2011. Available at SSRN: https://ssrn.com/abstract=1944686

Ahmed Imran Hunjra (Contact Author)

University of Waikato ( email )

Te Raupapa
Private Bag 3105
Hamilton, 3240
New Zealand

Pir Mehr Ali Shah Arid Agriculture University Rawalpindi (PMAS) ( email )

Muree Road Rawalpindi
Shamsabad, Punjab 44000
Pakistan
00923457162527 (Phone)

Ghulam Shabbir Khan Niazi

affiliation not provided to SSRN ( email )

Syed Waqar Akbar

affiliation not provided to SSRN

Kashif Ur Rehman

IQRA University - Islamabad Campus ( email )

5, Khayaban-e-Johar
Islamabad, H-9
Pakistan

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