This study aims to investigate the impact of working capital management on the financial performance of firms. We have taken non-financial sector which is listed in Pakistan stock exchange (PSX) over the period of 2010 to 2015. We have sampled 50 firms listed is PSX. The secondary data is being collected from the publication of State bank of Pakistan (SBP) “Financial Statement analyses of Non-financial sector listed in Pakistan stock exchange 2010-2015”. Furthermore, we have used purposive sampling method to choose the selective firms in manufacturing industry of Pakistan. Moreover, Pearson correlation and multiple regression are used as data analyses techniques. The study variables consist working capital management as independent variable and financial performance as dependent variable. We have used proxies to compute independent variable like Average payment period (APP), inventory turnover (ITO), cash conversion cycle (CCC) and average collection period (ACP). Moreover, financial performance (dependent variable) measured as earnings per share (EPS), return on equity (ROE) and return on assets (ROA). It is observed in the results that there is significant and negative impact of APP and ITO on ROA but two independent variables CCC and ACP have significant and positive impact on ROA. Moreover, it is found that CCC, APP and ITO have significant and negative impact on ROE and EPS respectively. Lastly, it is observed that ACP has a significant and positive impact on ROE and EPS. The results of multiple regression investigated that the financial performance of Pakistani manufacturing firms is consistent with WCM. This study supports in managing the working capital requirements to boost firm performance in general. Moreover, specifically in the context of Pakistani manufacturing firms the study implications are significant in expansion and betterment of financial performance of firms

This study aims to examine the upshot of human resource practices on work engagement with mediation of procedural justice among faculty members of public sector universities in Pakistan. The target population of study is faculty member of 13 universities Pakistan. The research undertakes a cross-sectional and causal research design. The quantitative data is being analyzed with the help of inferential tool, structural equation modelling (SEM). Results documented that HR Practices have positive and significant effect on work engagement. Outcomes have additionally recognized that HR Practices do have positive and significant influence on procedural justice and in turn procedural justice has positive and significant impact on work engagement. Lastly study outcomes observe that procedural justice fully intervenes the association between human resource practices and work engagement. Study is domineering and important because it has observed a least observed area in research. Top management and policy makers can use findings of this research to better imply human resource practices to enhance work engagement level with the help of procedural justice in public sector universities.

The paper investigates the Shariah compliant and conventional portfolios in financial settings of Pakistan during the period 2009-2019 by using Markowitz Minimum-Variance (MMV) framework. Using daily excess returns, we first investigate the impact of Shariah screening criteria on stock returns then we evaluate the overall risk of Shariah compliant and conventional portfolios. The results reveal negative impact of Shariah screening criteria on stock returns’ cross-section. Further, unconstrained portfolio investment strategy outperforms faithbased investing. Finally, the findings of the study suggest that induction guidelines employed in PSX for companies to be listed in Shariah compliant index needs to be reviewed to practically attain the objectives of Islamic moral economy such as avoiding Gharar (uncertainty) and Maysir (speculation). More importantly formulate a criterion that truly reflects Islamic principles of investing. In addition, more could also be done to educate investors about Shariah compliant stocks and enhance the projection of Shariah compliant index. Secondly, our study also indicates that investors that prefer faith-based investing should be aware of the costs of faith investment in PSX. Investors can encounter additional costs while investing in Shariah compliant stocks. Moreover, these additional costs are driven high risk and low performance of faith portfolios.

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Today's businesses have acknowledged the necessity of retaining their employees rather than spending time and resources training new employees, making employee retention a pressing issue. Although this view of the organization's top management is the main cause of unemployment, it may also inhibit new talent and innovation. Aside from that, every company has to deal with staff churn. The purpose of this study was to examine the actions that lead to employees' intentions to leave their jobs and to determine the quantitative impact of organizational silence on employee turnover intentions. This study gathered responses from ten different service and manufacturing firms. Participants provided 388 responses out of a possible total of 500. Structural equation modeling has been used to examine the data using SPSS and AMOS. The outcomes of this study reported that there was a significant positive effect of organizational silence on turnover intention among employees of service and manufacturing companies in Pakistan. The study has contributed to managers making better retention policies.