Articles liés à Development Financing and Economic Governance

Development Financing and Economic Governance - Couverture souple

Irfan Khan, Muhammad; Ayub Mehar, Muhammad

 
9783659963285: Development Financing and Economic Governance
Couverture souple
ISBN 10 : 3659963283 ISBN 13 : 9783659963285
Editeur : LAP LAMBERT Academic Publishing, 2016

Synopsis

The present study is a blend of development financing and economic governance. It develops a theorem, identifying antecedent variables which can better expound the given phenomenon. It has now come into the fact that investment position in a country may be improved if corporate sector plays its rigorous role to convert its earnings into investment. This earning must be converted either into inventory or in plant and machinery in order to grow in future. Investment in current assets, other than inventory, will allow CEOs to enjoy freedom of using this money in their own favor. Agency costs must be minimized which exists in the form of personal expenses of CEOs of corporations. This is possible only when their compensation policy is designed in a manner that it is based on firms’ performance. It is also deduced from the theorem that the state of corporate governance must be improved in order to minimize the liquidity problem, exist in the form of circularity debt in the Oil & Gas Sector of Pakistan, which is really a governance issue. Resolution of this issue will lead the corporate sector to raise their liquidity and profitability.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

The present study is a blend of development financing and economic governance. It develops a theorem, identifying antecedent variables which can better expound the given phenomenon. It has now come into the fact that investment position in a country may be improved if corporate sector plays its rigorous role to convert its earnings into investment. This earning must be converted either into inventory or in plant and machinery in order to grow in future. Investment in current assets, other than inventory, will allow CEOs to enjoy freedom of using this money in their own favor. Agency costs must be minimized which exists in the form of personal expenses of CEOs of corporations. This is possible only when their compensation policy is designed in a manner that it is based on firms’ performance. It is also deduced from the theorem that the state of corporate governance must be improved in order to minimize the liquidity problem, exist in the form of circularity debt in the Oil & Gas Sector of Pakistan, which is really a governance issue. Resolution of this issue will lead the corporate sector to raise their liquidity and profitability.

Biographie de l'auteur

Dr. Muhammad Irfan Khan, Assistant Professor, Faculty of Business Administration, Iqra University, Karachi, Pakistan.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP LAMBERT Academic Publishing
Date d'édition
2016
Langue
anglais
ISBN 10 
3659963283
ISBN 13 
9783659963285
Reliure
Broché
Nombre de pages
180
Coordonnées du fabricant
non disponible
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