Pakistan’s automobile sector goes through trouble phase from many years however from the last half-decade it reflects as an emerging sector of Pakistan stock exchange (PSX). The research is to explore the relations of foreign representatives’ inboard and the firm’s performance with the contemplation of outliers' problem. The study draws special attention by focusing on a gap that never been revealed yet. We examined 12 years of annual data with a robust regression model to treat the outliers.The results reported that the foreigners on board are the main gauge for the remarkable financial performance of the firms. The board size and audit committees showed up with proper accountability in the system. However, the finding for independent directors and institutional investors presented a negative relation with the firm’s performance. The findings of this research will be serving as a base for policymakers of the emerging automobile industry of Pakistan for the financial betterment of the companies.
In many industrial products stretching surfaces and magnetohydrodynamics are being used. The purpose of this article is to analyze magnetohydrodynamics (MHD) non-Newtonian Maxwell fluid with nanomaterials in a surface which is stretching exponentially. Thermophoretic and Brownian motion effects are incorporated using Buongiorno model. The given partial differential system is converted into nonlinear ordinary differential system by employing adequate self-similarity transformations. Locally series solutions are computed using BVPh 2.0 for wide range of governing parameters. It is observed that the flow is expedite for higher Deborah and Hartman numbers. The impact of thermophoresis parameter on the temperature profile is minimal. Mathematically, this study describes the reliability of BVPh 2.0 and physically we may conclude the study of stretching surfaces for non-Newtonian Maxwell fluid in the presence of nanoparticles can be used to obtain desired qualities.
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