Department of Management Science

Permanent URI for this communityhttps://repository.cuilahore.edu.pk/handle/123456789/20

Browse

Author: search.filters.author.Dr. Ammar AbidSubject: search.filters.subject.SP17

Search Results

Now showing 1 - 3 of 3
  • No Thumbnail Available
    Item
    Examining the Cash Flow Management Practices in the Construction Industry: A case of Pakistani Firms.
    (Library Information Services COMSATS University Islamabad Lahore Campus, 2020-02-08) Mohsin Bashir; SP17-RPM-009; LHR TP 6058; Dr. Ammar Abid
    Cash flow management is very vital for the survival of any kind of firm but for a construction firm, its importance increases as a lot of firms are being bankrupted due to poor cash flow management. Construction firms are failing to deliver successful projects as they become shorthanded on cash due to irregular progress payments of projects from clients. The application of best cash flow management techniques are becoming more and more desirable for the project to be profitable and successful. So, the core objective of the study is to find the best ‘cash flow management practices’ applicable in the construction firms of Pakistan and effects of these practices on the project success. Data will be through a structured questionnaire focused towards the financial and project managers of 20 construction firms located in Punjab Province. Empirical data is tested by using SPSS technique and results are deduced. All the hypotheses of the study are validated. The results showed that cash flow management practices i.e. self-financing practices and debt-financing practices have a positive impact on success of a construction project. Performing cash flow forecasting increases the chances of getting successful project. Hence, Project Manager (PM) has to select best possible combination of cash flow management practices for keeping the balance between cash outflow and cash inflow, as he has highest authority while working on a project
  • No Thumbnail Available
    Item
    Corporate Governance, Risk Governance and Performance of Banks: Evidence from Asian Economies
    (Library Information Services, COMSATS University Islamabad, Lahore Campus, 2019) Fauzia Saeed; SP17-RMS-002; Dr. Ammar Abid; LHR TP 5694
    Banks are important entities for growth of economy. Their opaque nature of business has focused the need to study their governance system. The aim of this study is to investigate the effect of corporate governance and risk governance on performance and risk of banks during period 2010 2017 for sample of Asian economies banks. The performance of banks is measured by ROA (return on assets), ROE (return on equity) and Tobin’s Q as used in prior studies. Three types of risks are investigated that are default risk, credit risk and liquidity risk. The results show positive relationship of institutional shareholdings and negative relationship of ownership concentration and CEO duality with performance and negative relationship of institutional shareholdings with risk of banks. Also risk governance is not effective in terms of performance but results suggests that small size of risk committee who meets frequently and chief risk officer that repots direct to board is of significant importance for the stability of banks, its credit risk and liquidity risk as well. The results also demonstrate that risk governance and corporate governance is not much effective for risk and performance of state owned banks than private banks. Islamic banks and conventional banks results suggest that risk governance and corporate governance practices impact conventional banks more effectively than Islamic banks. At the end, protection of investor’s right and enforcement of law also shows positive relationship with performance of banks and negatively related to risk than means countries with effective enforcement of law and where investor’s rights are protected, positively impact performance of banks and it decreases risk of banks. With effective protection of investor’s right and enforcement of law in any country, risk governance and corporate governance will have effective impact on performance and risk of banks as well. All these results hold when bank specific variables and country factors are controlled.
  • No Thumbnail Available
    Item
    Examining the Cash Flow Management Practices in the Construction Industry: A case of Pakistani Firms.
    (Library Information Services COMSATS University Islamaabad Lahore Campus, 2020) Mohsin Bashir; SP17-RPM-009; Dr. Ammar Abid; LHR TP 6058
    Cash flow management is very vital for the survival of any kind of firm but for a construction firm, its importance increases as a lot of firms are being bankrupted due to poor cash flow management. Construction firms are failing to deliver successful projects as they become shorthanded on cash due to irregular progress payments of projects from clients. The application of best cash flow management techniques are becoming more and more desirable for the project to be profitable and successful. So, the core objective of the study is to find the best ‘cash flow management practices’ applicable in the construction firms of Pakistan and effects of these practices on the project success. Data will be through a structured questionnaire focused towards the financial and project managers of 20 construction firms located in Punjab Province. Empirical data is tested by using SPSS technique and results are deduced. All the hypotheses of the study are validated. The results showed that cash flow management practices i.e. self-financing practices and debt-financing practices have a positive impact on success of a construction project. Performing cash flow forecasting increases the chances of getting successful project. Hence, Project Manager (PM) has to select best possible combination of cash flow management practices for keeping the balance between cash outflow and cash inflow, as he has highest authority while working on a project.