Application of finance techniques: an empirical analysis of pakistani corporate sector

Ahmed Hunjra (), Ghulam Shabbir Khan Niazi, Syed Waqar Akbar and Kashif-Ur- Rehman

MPRA Paper from University Library of Munich, Germany

Abstract: The study reviews the core areas of the finance functions and their level of applications in Pakistani corporate sector. A total of 70 questionnaires were distributed in different companies, 53 were received and 49 were processed, the respondents were 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 (search for similar items in EconPapers)
JEL-codes: F36 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (2)

Published in ACTUAL PROBLEMS OF ECONOMIICS 9 (2011): pp. 394-404

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:40675

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