Pakistani Auto Sector
Corporate Finance Term Report
Semenster : Fall 2012
Influence of War on Terror and Law and Order Situation on Profitability of Pakistani Companies.
Submitted to: Jamal Zuberi
Group Members:
Madiha Shakil (9796)
Marium Zehra (9802)
Tooba Khalid (9799)
Date: 26th DEC., 2012
“Influence of War and terror and Law and Order situation on Profitability on Pakistani Comapnies”
“Research Paper”
MADE BY:
Tooba Khalid-9799
Madiha Shakil-9796
Marium Zehra-9802
SUBMITTED TO: Sir Jamaal Zubairi
SUBMITTED ON: DECEMBER 26TH ,2012
This research report has been written only for educational purpose by the above mentioned student of Institute of Business Management.
TABLE OF CONTENTS TABLE OF CONTENTS 2 I. ABSTRACT 3 II. INTRODUCTION 3 II A. BASICS OF RESEARCH DISCUSSION 3 III. LITERATURE REVIEW 4 IV. METHODOLOGY 6 V. SOURCE OF DATA 6 VI. SAMPLE SIZE 6 VII. DEPENDENT & INDEPENDENT VARIABLES DESCREPTION 7 Dependent Variable 7 Independent Variables 7 VIII. HYPOTHESES 8 XI, STATISTICAL TOOL 9 X. EMPIRICAL RESULT & ANALYSIS OF FINDINGS 10 XI. CONCLUSION 18 Appendix-A 19 XII. REFERENCES 22
I. ABSTRACT
The purpose of this research paper is to determine whether war on terror, law and order situation and drone attacks have any effect on the profitability of the firm. For this five companies from the automobile sector of Pakistan were taken as sample namely, Atlas Battery, Indus Motors, Atlas Honda, Honda Atlas and Pak Suzuki. The bomb blasts per year during 2006-12, number of killing in bomb blasts per year since 2006, drone attacks per year during 2006-12 and number of killings per year in drone attacks during 2006-12 were taken as independent variables whereas; change in sales, gross profit, operating profit, net profit, book value and market capitalization were taken as the dependent variables. Seven year data was gathered to observe the relation. Hypotheses were developed to define the relation between the
Semenster : Fall 2012
Influence of War on Terror and Law and Order Situation on Profitability of Pakistani Companies.
Submitted to: Jamal Zuberi
Group Members:
Madiha Shakil (9796)
Marium Zehra (9802)
Tooba Khalid (9799)
Date: 26th DEC., 2012
“Influence of War and terror and Law and Order situation on Profitability on Pakistani Comapnies”
“Research Paper”
MADE BY:
Tooba Khalid-9799
Madiha Shakil-9796
Marium Zehra-9802
SUBMITTED TO: Sir Jamaal Zubairi
SUBMITTED ON: DECEMBER 26TH ,2012
This research report has been written only for educational purpose by the above mentioned student of Institute of Business Management.
TABLE OF CONTENTS TABLE OF CONTENTS 2 I. ABSTRACT 3 II. INTRODUCTION 3 II A. BASICS OF RESEARCH DISCUSSION 3 III. LITERATURE REVIEW 4 IV. METHODOLOGY 6 V. SOURCE OF DATA 6 VI. SAMPLE SIZE 6 VII. DEPENDENT & INDEPENDENT VARIABLES DESCREPTION 7 Dependent Variable 7 Independent Variables 7 VIII. HYPOTHESES 8 XI, STATISTICAL TOOL 9 X. EMPIRICAL RESULT & ANALYSIS OF FINDINGS 10 XI. CONCLUSION 18 Appendix-A 19 XII. REFERENCES 22
I. ABSTRACT
The purpose of this research paper is to determine whether war on terror, law and order situation and drone attacks have any effect on the profitability of the firm. For this five companies from the automobile sector of Pakistan were taken as sample namely, Atlas Battery, Indus Motors, Atlas Honda, Honda Atlas and Pak Suzuki. The bomb blasts per year during 2006-12, number of killing in bomb blasts per year since 2006, drone attacks per year during 2006-12 and number of killings per year in drone attacks during 2006-12 were taken as independent variables whereas; change in sales, gross profit, operating profit, net profit, book value and market capitalization were taken as the dependent variables. Seven year data was gathered to observe the relation. Hypotheses were developed to define the relation between the
References: Perliger and Pedahzur, in the Fourth Wave of Terrorism, Organizational and Ideological Dynamics of Islamic Terrorist Groups, University of Texas. Legault, Terrorism and Beyond, Global Terrorism Overview – The Middle East and Islamist, START, University of Maryland. Pollinger, Counterfeit Goods and Their Potential Financing of International Terrorism, Harvard University. Financial statement (2006-2012), www.AtlasBattery.com , Indus Motors.com, Atlas Hond.com, Pak Suzuki.com, Honda atlas. com Bomb blasts and drone attacks, sbp.org.pk, satp.org.pk Aslam & Kang, , How Different Terrorist Attacks Affect Stock Markets, Hanyang University Business School, Department of Finance