Nexus between Financial leverages, Operating Liquidity & Firm’s Performance: A Panel Data Analysis of Pakistan’s Cement Industry

Authors

  • Waqar Ali Ather Bukhari
  • Muhammad Amjad
  • Muhammad Taimur Khan
  • Asfandyar Rahim
  • Azaz Ali Ather Bukhari
  • Syed Arshad Ali Shah
  • Muhammad Nisar

Keywords:

Financial leverages, Operating leverages, Cement industry, Pakistan, Panel regression, Firm’s performance

Abstract

This study investigates the relationship between financial leverage, operating leverages and industrial performance in the context of Pakistan. For this purpose secondary data have been collected and ratio analysis, as well as, fixed effect model has been used to estimate the results. The Hausman test suggested the presence of cross section heterogeneity. It was established that FL and OL have significant impact on cement sector firm’s performance and it is also providing close eye view on interrelation between financial management and operational management and their impact on firm success or failure.

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Published

2021-04-30

How to Cite

Bukhari, W. A. A. ., Amjad, M. ., Khan, M. T. ., Rahim, A. ., Bukhari, A. A. A. ., Shah, S. A. A. ., & Nisar, M. . (2021). Nexus between Financial leverages, Operating Liquidity & Firm’s Performance: A Panel Data Analysis of Pakistan’s Cement Industry. The Journal of Contemporary Issues in Business and Government, 27(2), 1806–1813. Retrieved from https://cibgp.com/au/index.php/1323-6903/article/view/1084

Issue

Vol. 27 No. 2 (2021): The journal of contemporary issues in business and government

Section

Articles

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