Business Management Dynamics

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ISSN: 2047-7031

bmd Business and Management Dynamics bmd
ISSN: 2047-7031  
Volume  6   Issue 5  2016  
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Article Abstract
Influence of Liquidity on Profitability of Cement Sector: Indication from Firms Listed in Pakistan Stock Exchange.
Keywords:  Liquidity, Profitability and listed Cement firms of Pakistan
Aqeel Rasool Janjua , Awais Asghar, Umais Munir , Ali Raza, Naeem Akhtar and Khuram Shahzad
Cement is one of the main significant industries currently in Pakistan, either large or small. This research aims at investigating influence on the profitability of liquidity in the cement segment, Pakistan. This objective was achieved by secondary data and collecting through held registered company's balance sheet then income statement over 2008-2015. Secondary data was collected from the sample of 20 firms, from which all firms have been registered under Pakistan Stock Exchange. Two statistical techniques were used to analyze collected data. The correlation was processed to analyze association in liquidity plus profitability along with regression analysis with the help of OLS technique was used to determined parameters. The factors that are considered in this study as variables are profitability (ROA i.e. dependent) and liquidity (CRR, QUR, & LR i.e. independent). The current study revealed results, there is a positive and significant relationship in said variables. This study concludes that liquidity ratio affects the profitability ratios.
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