The study explored the role of inflation and money supply in the twin deficits hypothesis using the IS-LM framework and posited that inflation could be the mediating variable which explains why a higher fiscal deficit may lead to worsening of …

In order to ensure consistent and inclusive growth of an economy, capital markets play a critical role in mobilizing the savings in productive and long-term assets. Capital markets provide a medium of transforming the economy into a more efficient, competitive …

Non-governmental organizations have an immense role in the achievement of Millennium Development Goals, an initiative of United Nations. It is especially true in the case of a developing country like India. The spread of NGO activities in the country is …

This study investigated the effect of capital structure on firm performance using the agency cost hypothesis and reverse causality hypothesis. For the firms listed on the Karachi Stock Exchange under the textile industry, from 2008-2012, data envelopment analysis (DEA) was …