Final Year Projects (FYPs) - Undergraduates
Permanent URI for this collectionhttps://repository.cuilahore.edu.pk/handle/123456789/49
This collection archives the complete set of theses produced by students of the COMSATS University Islamabad, Lahore Campus.
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Item Impact of Corporate Governance on Capital Structure: Mediating Role of Cost of Capital(Library Informtion Services, CUI Lahore, 2017) Aisha Javaid; CIIT/FA15-RMS-014/LHR; Dr. Sajid Nazir; LHR TP 4759ix ABSTRACT Impact of Corporate Governance on Capital Structure: Mediating Role of Cost of Capital This study contributes to the existing literature of capital structure by extending the empirical work on the established relationship between the corporate governance and capital structure by analyzing the mediating role of cost of capital. Using five major attributes of corporate governance i.e. board size, board composition, CEO/Chairman duality, managerial ownership and institutional ownership as explanatory variables and weighted average cost of capital as mediator, we attempt to analyze the implication of good governance practices on the effectiveness and value relevance of capital structure decisions. However, debt to asset ratio was used to measure the leverage ratio of the firm considered as the dependent variable of the present study. The sample for this study is 76 non-financial firms listed on the Pakistan Stock Exchange (formerly Karachi Stock Exchange) for the period of 2004-2015. The analysis of present study has been disintegrated at four levels. Firstly, we have studied the relationship between corporate governance and capital structure, secondly, the relationship between corporate governance and cost of capital, thirdly, the relationship between cost of capital and capital structure and lastly, the indirect effect of cost of capital in the existing relationship between corporate governance and capital structure as the mediator. As the data is cross- sectional-time series, pooled and panel data analysis techniques (i.e. fixed effect and random effect) are used for inferential purposes, after performing regression diagnostics tests such as linearity, normality and heteroskedasticity. In order to choose between fixed and random effect model results, Hausman test was performed which is the indication of appropriateness of obtained results for interpretation. Our findings provide evidence for the explanatory power of corporate governance and the partial mediating role of cost of capital in determining the optimal capital structure. Additionally, we concluded that board composition, CEO/Chair duality and managerial ownership are significant in determining the capital structure decisions of the firm while, institutional ownership and board size are not significant in the financing decisions of the firm. Moreover, somex conventional determinants of capital structure including tangibility and return on assets are also significant in deciding the optimal financial mix of the non-financial firms of Pakistan stock exchange.Item Downfall of the Textile Industry of Pakistan (Problems and Prospects)(Library Information Services, COMSATS University Islamabad, Lahore Campus, 2020) Fahad Ali; FA17-BBA-210; Tayyba Noreen; LHR TP 6648Pakistan's textile industry was accounted for over 60% of the country's exports in 1990. However, the industry is now declining at its growing percentage. The main causes for this drop is due to the worldwide collapse, interior safety issues and large manufacture costs. The devaluation of the Pakistani rupee, such as the fuel calamity, has expressively enlarged the cost of imported inputs. High inflation rates and high financing costs have a serious effect on the development of the textile industry. If the government focuses on both private and public sectors, Pakistan's textile industry could be on the road to success. In addition, the government must fund the textile industry. Buying new machines or improving the quality of existing machines. That is to increase the productivity of new machines, the cost on (R&D) increases and existing machines and offering better schemes and plans for private sectors.Item IMPACT OF COVID-19 ON COMSUMER BEHAVIOR AND SPENDING PATTERN IN PAKISTAN: A CASE STUDY(Library Information Services, COMSATS University Islamabad, Lahore Campus, 2020) Hafiz Mamoon Mushtaq; SP17-BAF-007; LHR TP 6577This case study aims to present the impact of novel coronavirus imposed on consumer behavior and purchasing pattern in country Pakistan. This pandemic forces the consumer to change its behavior and change their ways of spending. We discuss the consumer behavior change in online shopping, e-commerce, online payments channel according to the circumstances and also this pandemic is auspicious for the e-commerce and banking sector. The survey contains above 1200 people data regarding a change in their purchasing pattern and this concludes that in this pandemic Pakistani consumer behavior changed a lot and they are trying to adopt a digitalized system and the Pakistani government also took more prestigious initiatives to help the public, consequently boosting our country’s economy and create more business, job opportunities for the public.