SEARCH ARTICLE

25 Pages : 197-205

http://dx.doi.org/10.31703/gssr.2019(IV-III).25      10.31703/gssr.2019(IV-III).25      Published : Sep 2019

Effects of Corporate Governance on Capital Structure and Financial Performance: Empirical Evidence from Listed Cement Corporations in Pakistan

    The key aim of current research is to investigate the influence of CG on financial performance (FP) and capital structure (CS) of cement companies listed on Pakistan Stock Exchange (PSX). To accomplish this purpose, twenty cement firms listed on the PSX was deployed from 2005 to 2014. Auto-correlation and heteroscedasticity were tested and Regression analyses were used to test the hypotheses. SPSS 21 is conducted to perform the analyses.CG is analyzed via board size, board independence, and institutional ownership while, return on assets and return on equity are employed to analyze FP, whereas CS is calculated via debt to equity. The outcomes document that CG positively affects FP, however, negatively impact CS. This research not only contributes to examining the impact and association between CG, FP, and CS but also prove the outcomes of previous studies that have presented a significant influence and association between CG, FP, and CS.

    Corporate Governance, Capital Structure, Financial Performance, Pakistan Stock Exchange
    (1) Mahboob Ullah
    PhD Scholar, Department of Management Sciences, Preston University, Islamabad, Pakistan.
    (2) Nouman Afgan
    Associate Professor, Department of Management Sciences, Preston University, Kohat, KP, Pakistan.
    (3) Sajjad Ahmad Afridi
    Assistant Professor,Department of Management Sciences, Hazara University Mansehra, KP, Pakistan.

Views: 3,143 · Downloads: 8

38 Pages : 292-298

http://dx.doi.org/10.31703/gssr.2019(IV-III).38      10.31703/gssr.2019(IV-III).38      Published : Sep 2019

Effects of Media Exposure on the Political Polarization Patterns of Students in Pakistan

    Political polarization remains central to the political behavior scholarship. In this study, political polarization patterns among the youth of Pakistan with reference to selective exposure approaches of media were examined. Survey from 420 students of Pakistan public sector universities was conducted. It was found that selective exposure to media is still strong in Pakistan, however diverse exposure is also being witnessed in Pakistan. Now the people are also diverting towards diverse exposure. Consequently, political polarization among the university students of Pakistan is still strong. Findings imply that media in Pakistan is playing an important role in strengthening the democracy in Pakistan. Furthermore, it is also concluded that media played a key role to determine voters’ choice during Elections-2013 in Pakistan.

    Selective exposure, diverse exposure, political polarization, Pakistan elections-2013
    (1) Muhammad Zahid Bilal
    Assistant Professor, Department of Communication Studies,University of Okara, Punjab, Pakistan.
    (2) Arshad Ali
    Assistant Professor, Center for Media and Communication Studies, University of Gujrat, Punjab, Pakistan.
    (3) Sami Ullah
    Assistant Professor, Department of Economics,University of Gujrat, Punjab, Pakistan.

Views: 3,396 · Downloads: 2

41 Pages : 318-325

http://dx.doi.org/10.31703/gssr.2019(IV-III).41      10.31703/gssr.2019(IV-III).41      Published : Sep 2019

A Fresh Perspective on Female Entrepreneurship: An Insight from Pakistan

    his research explores the dynamics of women entrepreneurs in the context of Khyber Pakhtunkhwa (KP), Pakistan. Underpinning on contemporary literature on drivers and barriers of women entrepreneurs, this research argues that literature and empirical evidences on negotiations is scarce and underdeveloped. Therefore, capitalizing on an interpretive qualitative assumption, this research collected date through semi-structured interviews and analyzed through thematic analysis. Conceptually, this research provides a fresh and novel perspective by providing interesting inside from empirical evidences. This research concludes that women entrepreneurs in Peshawar, Pakistan cultural and social constraints. However, personal motivation and family support helped them to negotiate with these constraints.

    Entrepreneurship, Women Entrepreneurship, Developing countries, Pakistan
    (1) Shahwali Khan
    Assistant Professor,Management Sciences,Institute of Management Sciences, Peshawar, KP, Pakistan.
    (2) Mohammad Sohail Yunis
    Assistant Professor, Management Sciences, Institute of Management Sciences, Peshawar, KP, Pakistan
    (3) Fahad Abdullah
    Associate Professor,Management Sciences, Institute of Management Sciences, Peshawar, KP, Pakistan.

Views: 2,441 · Downloads: 5

49 Pages : 390-397

http://dx.doi.org/10.31703/gssr.2019(IV-III).49      10.31703/gssr.2019(IV-III).49      Published : Sep 2019

Chinese Co-Existence and Harmonious Policy and CPEC

    Image Why does China adopt a harmoniously and Co-existence policy? Is this a strategy for international development? This paper is an attempt to explore Chinese co-existence and harmonious policy towards CPEC. China’s co-existence and harmonious policy and CPEC are interconnected to each other. Co-Existence and harmonious policy are two major indicators of Chinese developmental Philosophy.This policy has been inspired by Chinese socialist roots since its revolution in 1949. The noninterference, peaceful co-existence, and harmonious principles are major policies tools that have shape up the Chinese new global development order. Chinese capital accumulation and advancement is based on its policy of ''noninterference.'' These are significant feature of China’s capital accumulation and development model that manufactured new global economic order. The Chinese official stance over global investment policy is harmonious and co-existence, which is embedded in the theory of realism. This seems like one of the successful policies for international cooperation and development. Co-Existence and Harmonious realism are the major determining factor to protect Chinese development interests and its global outreach

    Harmonious, Co-Existence, China, Pakistan, CPEC
    (1) Muhammad Shakeel Ahmad
    Assistant Professor, Centre for Policy Studies, COMSATS University-Islamabad, Pakistan/ Post-Doctoral Fellow, School of Politics and International Relations, The University of Nottingham United Kingdo

Views: 477 · Downloads: 0

51 Pages : 407-414

http://dx.doi.org/10.31703/gssr.2019(IV-III).51      10.31703/gssr.2019(IV-III).51      Published : Sep 2019

Religious Seminaries and Muslim Education in Indo-Pakistan Sub-Continent: A Critical Historical Analysis

    This paper focuses on the history of Islamic studies and the growth of Muslim edification scheme subsequent to the arrival of Islam in South Asia (712 A.D) and also explores the key role played by the Emperors in its establishment since 1206 A.D. Thereafter, it will highlight the efforts of Muslim rulers in introducing religious-cum-modern education system through Madrassah (religious seminaries) in Indo-Pakistan Sub-continent including the period of British-India from 1757 to 1947 A.D. which adversely affected the Muslim education system by introducing foreign educational reforms to target the curriculum of the Islamic education system. The paper will shed light on the development of Madrassahin Pakistan and the 9/11 incident that has drastically affected the image of the religious seminaries in imparting Islamic education to the people in the global community.

    History, Islam, Madrassah, Pakistan, Modernity, Globalization
    (1) Azmat Ali Shah
    Department of Political Science, Qurtuba University of Science & Information Technology D.I. Khan, KP, Pakistan.
    (2) Fazal Ilahi Khan
    Department of Islamic Studies, Qurtuba University of Science & Information Technology D.I. Khan, KP, Pakistan.
    (3) Saima Razzaq Khan
    Department of Political Science, Qurtuba University of Science & Information Technology D.I. Khan, KP, Pakistan.

Views: 1,098 · Downloads: 0

08 Pages : 52-60

http://dx.doi.org/10.31703/gssr.2019(IV-IV).08      10.31703/gssr.2019(IV-IV).08      Published : Dec 2019

Impediments in the Quality Assurance of Higher Education Sector of Pakistan

    Quality of higher education institutes determines the future of any nation. Higher education commission (HEC) has strived hard to elevate the standards of higher education in Pakistan but desired results have not been redeemed. This article endeavors to highlight barriers in the implementation of quality assurance mechanism devised by HEC and higher education institutes (HEIs) to improve quality of both teaching and research. Data were collected from 204 Government sector and 205 faculty members of private sector universities in the Punjab Province and the Capital Islamabad. T-test for independent sample was applied to find the dissimilarities in the views of government sector and faculty members of private universities about hurdles in the quality assurance procedure adopted by their respective universities. It was revealed that inconsistent policies, ambiguous targets and lack of training regarding quality assurance practices were main hurdles.

    Quality Assurance, Higher Education, Impediments, Pakistan
    (1) Shafqat Rasool
    Lecturer, Department of Education, Government College University Faisalabad, Punjab, Pakistan.
    (2) Khuda Bukhsh
    Assistant Professor, Department of Education, Government College University Faisalabad, Punjab, Pakistan.
    (3) Muhammad Shabbir Ali
    Assistant Professor, Department of Education, University of Education Lahore, Punjab, Pakistan.

Views: 3,761 · Downloads: 9

25 Pages : 195-201

http://dx.doi.org/10.31703/gssr.2019(IV-IV).25      10.31703/gssr.2019(IV-IV).25      Published : Dec 2019

Analysis of Civil-Military Relations in Pakistan: Evidence from Leading English Newspapers

    Civil-military relations in Pakistan are always in search of common ground. Historically, military forces and civilian leadership in Pakistan struggle to find the right balance and the civilian leadership has hardly commanded the gun. This study is intended to analyze that how the two selected daily English newspapers of Pakistan, i.e. Dawn and The News covered the major developments in civil-military relations, particularly during the regime of Chief of Army Staff (COAS) General Raheel Sharif, followed by the most sensitive event i.e., Zarb-e-Azb. The study employed the method of discourse analysis and has used the theoretical notion of agenda-setting and framing. The results of the study revealed that the slant, style, themes, and discourses used in the news stories of both the newspapers almost remained the same, appreciating the military institutions positively. Whereas condemning the civilian leadership for their lack of concern towards implementing the already approved Nation Action Plan.

    Discourse Analysis, Tahrik-e-Taliban Pakistan (TTP), North Waziristan, National Action Plan (NAP), Civil-Military Relations (CMR).
    (1) Amna Zulfiqar
    PhD Scholar,Centre for Media and Communication Studies,University of Gujrat, Punjab, Pakistan.
    (2) Zahid Yousaf
    Associate Professor, Centre for Media and Communication StudiesUniversity of Gujrat, Punjab, Pakistan

Views: 3,725 · Downloads: 18

03 Pages : 21-35

http://dx.doi.org/10.31703/gssr.2020(V-I).03      10.31703/gssr.2020(V-I).03      Published : Mar 2020

Exploring the Spatial Interdependence in Efficiency of Private Hospitals in Pakistan

    A major health policy concern is the presence of inefficiencies in health care provision. This study estimates the technical efficiency for ambulatory services and inpatients care in private sector hospitals in Pakistan. Efficiency scores for the sample hospitals, estimated using Stochastic Frontier Analysis, are aggregated at the regional (district) level to identify the existence of spatial interdependence. The results from the spatial analysis suggest that efficiency has a positive spillover for outpatient care in small hospitals. Big hospitals, however, show inconsistent results. We concluded that small hospitals compete in outpatients with the motive of profit maximization.

    Private Hospitals, Efficiency, SFA, Spatial Dependence, Competition, Pakistan
    (1) Saima Bashir
    PhD Scholar,Department of Economics, Pakistan Institute of Development Economics, Islamabad, Pakistan.

Views: 2,187 · Downloads: 1

29 Pages : 283-290

http://dx.doi.org/10.31703/gssr.2020(V-I).29      10.31703/gssr.2020(V-I).29      Published : Mar 2020

Moratorium or Achievement: Identity Statuses in Mohsin Hamids The Reluctant Fundamentalist

    The Reluctant Fundamentalist (2007) traces the evolution of Changezs sense of belonging by encompassing a substantial part of his life odyssey, ranging from his movement to the US for higher studies to his disillusionment and redirection of fundamental desires. This study explores those transformative stages that help shape his identity. For this purpose, James Marcias theory of identity achievement has been used as a theoretical framework. Marcia (1980) contends that certain situations and events (called crises) act as catalysts to prompt identity moratorium. The internal conflict caused by such catalysts stimulates adolescents to probe into their beliefs, goals and values. Changez also encounters the four statuses described by Marcia i.e., identity diffusion, foreclosure, moratorium and final achievement. Consequently, a refraction in his sense of belonging takes place - from love for American exceptionalism to love for Pakistan and Islam (Morey, 2011). This study evaluates the level of identity achievement in Changez as a result of this refraction

    Identity Achievement, Identity Moratorium, Islam, Pakistan, Sense of Belonging, Fundamental.
    (1) Ayesha Perveen
    PhD Scholar, Department of English & Literary Studies, University of Management and Technology, Lahore, Punjab,Pakistan.
    (2) Nadia Anwar
    Assistant Professor, Department of English and Literary Studies,University of Management and Technology, Lahore, Punjab, Pakistan.

Views: 1,588 · Downloads: 2

31 Pages : 300-312

http://dx.doi.org/10.31703/gssr.2020(V-I).31      10.31703/gssr.2020(V-I).31      Published : Mar 2020

Syllable Structure of Pakistani English in Phonological Theory

    This article describes the syllable of Pakistani English (PE. It compares the syllable of PE with British English, in the light of concepts of syllabic (Chomsky and Halle, 1968), syllabification, template, syllable pattern, model of syllable structure, phonotactics and syllable weight. In the end, the following differences in syllabic phonology of PE and British English are summarized: In phonotactic constraints, one difference is found that is in the syllable of PE cluster of three consonants i.e. /s/, /p or t or k/, /l or r/ is allowed only in monosyllabic words, whereas word internally this cluster is not permissible. So, [ek.sklIUd] becomes [eks.klIUd] in PE; the weight of the syllable in PE is not only based on the quality of vowel but also the quality of consonant; in PE every syllable must contain vowel as a nucleus.

    Pakistani English, Syllable Structure, Syllabification, Phonotactics, Syllable Weight, Syllabic
    (1) Umaima Kamran
    Assistant Professor, Department of English, Quaid-I-Azam University Islamabad, Pakistan.
    (2) Saira Maqbool
    Assistant Professor,Department of English Language and Applied Linguistics,Allama Iqbal Open University Islamabad, Pakistan.
    (3) Lubna Umar
    Lecturer, Department of English Language and Applied Linguistics,Allama Iqbal Open University Islamabad, Pakistan.

Views: 2,120 · Downloads: 8