Volume 2, Issue 1

The Impact of Dividend Policy on the Relationship Between Institutional Ownership and Stock Price Volatility: Evidence from Pakistan Atif Hussain Download Abstract This study aims to determine the effects of dividend policy on the relationship between institutional ownership and stock price volatility, based on a sample of 36 firms listed on the Karachi Stock Exchange … Read more

Assessing the Impact of Training on Employees’ Performance in Commercial Banks in Urban Lahore Anam Tahir and Sumaira Sajjad Download Abstract Training helps meet specific skill deficits in employees’ performance. Successful organizations and managers realize the importance of human resources; trained human resources are key to maintaining a competitive advantage in today’s constantly changing global … Read more

The Volatility Effect of Single-Stock Futures Trading on the Pakistani Stock Market Adil Awan and Amir Rafique Download Abstract The impact of single-stock futures on spot market volatility is still debated in the finance literature. The aim of this study is to analyze the effect of the introduction of single-stock futures on the volatility of … Read more

Developments in Studies on Cross-Border Mergers and Acquisitions, 1996–2011 Samra Chaudary and Saad Shahid Download Abstract This paper analyzes the methodological and publication trends in the literature on cross-border mergers and acquisitions over three five-year periods,1996–2001, 2001–06, and 2006–11. Based on a selection of 23 journals and a sample of 170 articles, we use advanced … Read more

Evolving Ownership and the Capital Structure Regime in Japan Wali Ullah and Shahzadah Nayyar Jehan Download Abstract This study is an attempt to investigate the implications of changes in ownership structure and control transfer in the Japanese corporate market—a trend attributed mainly to the government’s increasing liberalization policies during the 1990s. Our results show that … Read more