Determinants of Earnings: Evidence from Pakistan Engineering Sector

Kashif Imran and Khalid Naeem Akbar

Asian Economic and Financial Review, 2011, vol. 1, issue 1, 40-48

Abstract: Engineering sector plays a considerable role in Pakistan’s economy. The contribution of engineering industry to GDP is $2 billion and it provides employment to significant personnel. The engineering sector in a number of economies of the world, works as a major and speedy engine of economic growth. This study is an attempt to identify the factors affecting the earnings of engineering sector of Pakistan, by using the panel data of twenty-seven engineering firms listed on Karachi Stock Exchange (KSE) covering the period of 1990 to 2008. It is found that, in the long run Net Working Capital, and GDP growth has a positive impact on Earnings per Share and Operating Ratio, Net Fixed Assets and GDP deflator has a negative impact while Interest rate has not significant effect on earnings per share.

Keywords: Engineering sector; KSE; Earning per share (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
https://archive.aessweb.com/index.php/5002/article/view/709/1159 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:asi:aeafrj:v:1:y:2011:i:1:p:40-48:id:709

Access Statistics for this article

More articles in Asian Economic and Financial Review from Asian Economic and Social Society
Bibliographic data for series maintained by Robert Allen ().