2023
DOI: 10.52131/pjhss.2023.1102.0412
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Investigating the Impact of Capital Expenditures on Firms’ Profitability of Textile Sector of Pakistan

Abstract: The research objective was to determine the impact of capital expenditure on textile firm’s profitability in Pakistan. For this purpose, study utilizes panel data from the annual reports of firms operating in the textile sector of Pakistan. Quantitative research approach and longitudinal research design was applied. The panel data results indicates that the impact of capital expenditures on firm profitability is significant and positive. The findings suggest that increasing capital expenditures can lead to hig… Show more

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