The Lahore Journal of Business is aimed at providing a specialized forum for dissemination of qualitative and quantitative research in various areas of business administration. The LJB invites researchers, policy makers and analysts to submit original theoretical and empirical papers that explore and contribute to the understanding of various areas in the business domain. The Journal aims at bringing together state-of-art research findings, particularly from emerging markets, in various business disciplines including (but not limited to) accounting, banking, management, marketing, finance, investments, human resource management and organizational behavior.
A Note on the Information Content of Corporate Dividend Policy Ayesha Khanum Download Abstract This note discusses the significance of the information content of dividends, which is reflected through the market price reactions to a firm’s dividend decisions. Informational asymmetries are the main reason for signaling whereby firm managers are likely to have better information … Read more
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