In this study, researchers looked at how management working capital affected the profitability of... more In this study, researchers looked at how management working capital affected the profitability of manufacturing companies producing cement in Khyber Pakhtunkhwa, Pakistan. Our sample consisted of three manufacturing company’s registered on the Karachi Stock Exchange, and we examined their performance over a 12-year period from 2008 to 2020. Our primary independent variables were inventory turnover in days (ITID) and average collection period (ACP), while the dependent variables included return on equity (ROE) and net profit margin (NPM). To examine how management working capital and business performance are related, Studies employed panel data analysis techniques. Our findings suggest a positive influence of management working capital on firm profitability. Importantly, this association was found to be statistically importance at the 5 percent level, indicating that effective management of working capital contributes positively to shareholder value. Our study highlights the signific...
Journal of peace, development & communication, Feb 18, 2023
Corporate social responsibility (CSR) has recently gained substantial attention from researchers ... more Corporate social responsibility (CSR) has recently gained substantial attention from researchers across the world. Banks play a crucial role in the prosperity, development, and sustainability of society along with the growth of businesses. The study objective is to assess the impact of CSR initiatives on the financial performance with moderating variable of bank size in the context of Pakistan. The survey questionnaire was used to collect the primary data from respondents. In total 500 survey questionnaires were distributed and 441 fully completed questionnaires were returned, indicating a response rate of 88.2%. A total of eight hypotheses were developed and empirically tested using structural equation model (SEM). The descriptive statistics and direct path coefficients show that all four dimensions of CSR have substantial positive bearings on the financial performance of banks with discretion dimension being more effective. The results of moderating path coefficient show that size of a firm further stimulates and magnifies the impact of legal, ethical, and discretionary aspects of CSR on financial performance except the economic dimension is which has an insignificant impact. Keywords: Corporate Social Responsibility, Financial Performance, Banking Sector
Corporate social responsibility (CSR) has recently gained substantial attention from researchers ... more Corporate social responsibility (CSR) has recently gained substantial attention from researchers across the world. Banks play a crucial role in the prosperity, development, and sustainability of society along with the growth of businesses. The study objective is to assess the impact of CSR initiatives on the financial performance with moderating variable of bank size in the context of Pakistan. The survey questionnaire was used to collect the primary data from respondents. In total 500 survey questionnaires were distributed and 441 fully completed questionnaires were returned, indicating a response rate of 88.2%. A total of eight hypotheses were developed and empirically tested using structural equation model (SEM). The descriptive statistics and direct path coefficients show that all four dimensions of CSR have substantial positive bearings on the financial performance of banks with discretion dimension being more effective. The results of moderating path coefficient show that size...
In this study, researchers looked at how management working capital affected the profitability of... more In this study, researchers looked at how management working capital affected the profitability of manufacturing companies producing cement in Khyber Pakhtunkhwa, Pakistan. Our sample consisted of three manufacturing company’s registered on the Karachi Stock Exchange, and we examined their performance over a 12-year period from 2008 to 2020. Our primary independent variables were inventory turnover in days (ITID) and average collection period (ACP), while the dependent variables included return on equity (ROE) and net profit margin (NPM). To examine how management working capital and business performance are related, Studies employed panel data analysis techniques. Our findings suggest a positive influence of management working capital on firm profitability. Importantly, this association was found to be statistically importance at the 5 percent level, indicating that effective management of working capital contributes positively to shareholder value. Our study highlights the signific...
Journal of peace, development & communication, Feb 18, 2023
Corporate social responsibility (CSR) has recently gained substantial attention from researchers ... more Corporate social responsibility (CSR) has recently gained substantial attention from researchers across the world. Banks play a crucial role in the prosperity, development, and sustainability of society along with the growth of businesses. The study objective is to assess the impact of CSR initiatives on the financial performance with moderating variable of bank size in the context of Pakistan. The survey questionnaire was used to collect the primary data from respondents. In total 500 survey questionnaires were distributed and 441 fully completed questionnaires were returned, indicating a response rate of 88.2%. A total of eight hypotheses were developed and empirically tested using structural equation model (SEM). The descriptive statistics and direct path coefficients show that all four dimensions of CSR have substantial positive bearings on the financial performance of banks with discretion dimension being more effective. The results of moderating path coefficient show that size of a firm further stimulates and magnifies the impact of legal, ethical, and discretionary aspects of CSR on financial performance except the economic dimension is which has an insignificant impact. Keywords: Corporate Social Responsibility, Financial Performance, Banking Sector
Corporate social responsibility (CSR) has recently gained substantial attention from researchers ... more Corporate social responsibility (CSR) has recently gained substantial attention from researchers across the world. Banks play a crucial role in the prosperity, development, and sustainability of society along with the growth of businesses. The study objective is to assess the impact of CSR initiatives on the financial performance with moderating variable of bank size in the context of Pakistan. The survey questionnaire was used to collect the primary data from respondents. In total 500 survey questionnaires were distributed and 441 fully completed questionnaires were returned, indicating a response rate of 88.2%. A total of eight hypotheses were developed and empirically tested using structural equation model (SEM). The descriptive statistics and direct path coefficients show that all four dimensions of CSR have substantial positive bearings on the financial performance of banks with discretion dimension being more effective. The results of moderating path coefficient show that size...
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Papers by Narvind Kumar