Analysis of Financial Performance of Organizations: A Study of Cement Sector of Pakistan

Purpose: The objective of this research is to analyze past performance statistics and make projections about the financial future. This study examines the potential for the cement industry to address national challenges and meet societal needs, while simultaneously enhancing shareholder value. D...

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Main Authors: Waqar Ali Malik, Sikandar Ali
Format: Article
Language:English
Published: CSRC Publishing 2023-09-01
Series:Journal of Accounting and Finance in Emerging Economies
Subjects:
Online Access:https://www.publishing.globalcsrc.org/ojs/index.php/jafee/article/view/2729
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author Waqar Ali Malik
Sikandar Ali
author_facet Waqar Ali Malik
Sikandar Ali
author_sort Waqar Ali Malik
collection DOAJ
description Purpose: The objective of this research is to analyze past performance statistics and make projections about the financial future. This study examines the potential for the cement industry to address national challenges and meet societal needs, while simultaneously enhancing shareholder value. Design/Methodology/Approach: The financial performance of cement sector is analyzed by applying the multiple regression with help of SPSS and E views from 2012 to 2021 years. Findings: The study provides valuable insights into the factors influencing ROI for the given dataset, allowing managers and investors to make informed decisions about financial strategies. However, the results are based on the specific dataset and should be interpreted within that context. Implications/Originality/Value: The study suggests that businesses should maintain a strong financial position, manage assets and liabilities efficiently, and focus on profitability to improve ROI. Future research directions include longitudinal analysis, industry-specific analysis, macro-economic factors, qualitative factors, and risk assessment. Limitations include data limitations, causality, external factors, sample size and selection bias, model complexity, limited ratios, external validity, and the changing business environment.
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spelling doaj.art-42c7c6b559a54f41b049c2f3f136be562023-10-18T22:08:28ZengCSRC PublishingJournal of Accounting and Finance in Emerging Economies2519-03182518-84882023-09-019310.26710/jafee.v9i3.2729Analysis of Financial Performance of Organizations: A Study of Cement Sector of PakistanWaqar Ali Malik0Sikandar Ali1Mehran University of Engineering & Technology, Jamshoro, PakistanCollege Education Department, Government of Sindh, Pakistan Purpose: The objective of this research is to analyze past performance statistics and make projections about the financial future. This study examines the potential for the cement industry to address national challenges and meet societal needs, while simultaneously enhancing shareholder value. Design/Methodology/Approach: The financial performance of cement sector is analyzed by applying the multiple regression with help of SPSS and E views from 2012 to 2021 years. Findings: The study provides valuable insights into the factors influencing ROI for the given dataset, allowing managers and investors to make informed decisions about financial strategies. However, the results are based on the specific dataset and should be interpreted within that context. Implications/Originality/Value: The study suggests that businesses should maintain a strong financial position, manage assets and liabilities efficiently, and focus on profitability to improve ROI. Future research directions include longitudinal analysis, industry-specific analysis, macro-economic factors, qualitative factors, and risk assessment. Limitations include data limitations, causality, external factors, sample size and selection bias, model complexity, limited ratios, external validity, and the changing business environment. https://www.publishing.globalcsrc.org/ojs/index.php/jafee/article/view/2729Cement SectorFinancial Performance AnalysisFinancial RatiosInvestment AnalysisFinancial Management
spellingShingle Waqar Ali Malik
Sikandar Ali
Analysis of Financial Performance of Organizations: A Study of Cement Sector of Pakistan
Journal of Accounting and Finance in Emerging Economies
Cement Sector
Financial Performance Analysis
Financial Ratios
Investment Analysis
Financial Management
title Analysis of Financial Performance of Organizations: A Study of Cement Sector of Pakistan
title_full Analysis of Financial Performance of Organizations: A Study of Cement Sector of Pakistan
title_fullStr Analysis of Financial Performance of Organizations: A Study of Cement Sector of Pakistan
title_full_unstemmed Analysis of Financial Performance of Organizations: A Study of Cement Sector of Pakistan
title_short Analysis of Financial Performance of Organizations: A Study of Cement Sector of Pakistan
title_sort analysis of financial performance of organizations a study of cement sector of pakistan
topic Cement Sector
Financial Performance Analysis
Financial Ratios
Investment Analysis
Financial Management
url https://www.publishing.globalcsrc.org/ojs/index.php/jafee/article/view/2729
work_keys_str_mv AT waqaralimalik analysisoffinancialperformanceoforganizationsastudyofcementsectorofpakistan
AT sikandarali analysisoffinancialperformanceoforganizationsastudyofcementsectorofpakistan