Concepts/

Major
Conceptual Objective of Future Research Critical
No. Title Author Year Findings/ Limitations
Framework/ Study Recommendations Review
Conclusion
Idea
1 Evidence Zoya 2016 The agency theory This paper The estimated It only The financial sector The influence
of Agency Wajid says that objective is to coefficient is focuses to that is extremely of
Theory Satti corporations should determine the significant determine the legalized model and is psychological
from the make sure that influence of which proves influence of driven primarily by factors are
Banking what the managers psychological that the model psychological voracity discussed
Sector of factors such as is strongly fit for factors such has led to many which is good
Pakistan are doing is in the lower the data as the lower financial crises over for the
harmony with what order needs having order needs the years. This research
demands the and extrinsic coefficient of and extrinsic demonstrates that entitlement.
investor has motivation determination r² motivation even the supreme
placed. The along with the =0. 830 with a along with the refined
separation of situational significance F situational governance tools
control from factors such as stat = 725.034, factors such purely based on the
owners indicates individualistic p <0.001. as agency principle were
that professional culture and The presence individualistic unsuccessful and
managers are power distance of these culture. Other poorly performed.
managing firm on of an individual variables in the factors should
their behalf. The on the model ( 1 X , 2 be
problems arise principal-agent X,3X,4X) mentioned.
when owners think relationship in cause 83% of
that mangers are the workplace the variation in
not working in their the
best interest of principle-agent
maximizing profits. relationship
The agency theory which means
analyzes and stochastic
solves factors cause
problems between variation by
the principals and 17%.
 their agents
Concepts/
Major
Conceptual Objective of Future Research Critical
No. Title Author Year Findings/ Limitations
Framework/ Study Recommendations Review
Conclusion
Idea
2 Evolution Joachim 2017 Financial markets To extend this The dynamic It is only The theory suggests Financial
ary Model Kaldasc are one of the most mainstream evolutionary limited to that stock prices market and
of Stock h intensive economic research by theory extend this scaled by the price economic
Markets research fields. establishing an established mainstream over all stocks can be approach are
Great advantages evolutionary above suggests research used to investigate commendable
have been economic that a stock long-term trends in a in the entire
achieved by approach for market can be Fisher-Pry plot. The research.
analyzing time the stock price viewed as a price competition that
series of the price evolution. The self-organized follows from the model
and return of key idea of this system in which is illustrated by
financial assets. model is that the price examining the
Besides the financial assets dynamics of empirical long-term
standard asset like other stocks is price trends of two
price model based commodities determined on stocks.
on geometric are subject to the one hand
Brownian motion , competition in by a fast
stochastic volatility the trading purchase
and multiracial process. This process and on
models inspired by view has been the other hand
turbulence, multi- emphasized in by slow
timescale, scaling particular by variations of the
and various types Modes demand and
of self-similar suggesting that supply rates
theories have been stocks are in (i.e. of the
established competition for generation rate
investors’ of new
money demanded and
supplied stock
shares).
No. Title Author Year Concepts/ Objective of Major Limitations Future Research Critical
 Conceptual
Findings/
Framework/ Study Recommendations Review
Conclusion
Idea
3 Examine Aziz 2015 There is a The present Estimation N.A    
the Gord1, significant research which results of value
Explanato Shagha relationship has been stocks model
ry Power yegh between the type of structured shows that the
of the Khade value stocks and according to variables of
SML mi points out of SML the reviewing market returns
Model to line. There is a the estimation and book ratio
Estimate significant of relation to market value
the relationship between risk have significant
Relationsh between the type of and return in impacts on
ip growth stocks, and identification of value stocks
Between points out of SML growth and returns in such
Risk and line value stocks a manner that
Return in based on Fama the market
Identifyin and French returns has
g Growth models, aimed negative and
Stocks to study the significant
and Value representation impacts and
of Listed of SML model ratio of book
Companie for identification value to market
s in of growth and value has
Tehran value stocks. positive and
Stock significant
Exchange impacts on
value stocks
returns.

No. Title Author Year Concepts/ Objective of Major Limitations Future Research Critical
Conceptual Study Findings/ Recommendations Review
Framework/ Conclusion
 Idea
4 Better Amber 2012 A society can never The paper is an The findings It only This study found that A society can
Micro Osman flourish if larger emphasis on revealed that focuses on banks were more never flourish
Financers and part of the the financial the savings due the financial commercialized in if larger Part
in Muham population is poor. sustainability of to micro sustainability terms of payback & of the
Pakistan, mad This research micro financing financing found of micro interest rates while population is
Banks or Imtiaz paper discusses in Pakistan higher financing. engaged in micro poor. So it
Financial Subhani about the financial where Banks (7389743BRs.) financing but despite must be
Institution , services & products and institution at Micro that Banks are focused
s provided to the use different Finance Banks endeavoring more manually.
poor segment of a products & than the ventures to uplift
country that services that savings poverty in Pakistan
support them to help in (3643367BRs.) through micro
take part in reducing the at Micro financing to poor.
productive and poverty by Finance
entrepreneurial coping up with Institutions
activities. subjective &
objective
poverty

Concepts/
Major
Conceptual Objective of Future Research Critical
No. Title Author Year Findings/ Limitations
Framework/ Study Recommendations Review
Conclusion
Idea
 5 Financial Haizhou 2011 Financial contagion The financial Contagious Many of the banking It only
Institution Huangy and financial crises crisis in East risks and system liberalization endogenizes
s, and from financial Asia presents financial crises reforms in East Asia soft budget
Financial Chengg institutions. great from financial before 1997 shared constraint.
Contagion ang Xuz Financial crises challenges to institutions. We this spirit as well.
, and financial institutions economists. began our According to our
Financial which generate Before the analysis by theory, a banking
Crises¤ soft-budget crisis, the East deriving soft- system reform
constraints (SBC) Asian (and hard-) designed to enhance
economies had budget competition as
been doing constraints described above can
very well — Then we induce huge
economies had showed how a contagious risks to the
high growth soft-budget system if the system is
rates, high constraint not designed to harden
savings rates, generates budget constraints
and sound. In information simultaneously.
addition to asymmetry
exogenous among banks
shocks which about their
may have solvency, a
contributed to factor which
the overall inevitably leads
problem, to a “lemon”
whether there problem in the
were interbank
fundamental lending market.
problems within
the respective
Asian
economies
Concepts/
Major
Conceptual Objective of Future Research Critical
No. Title Author Year Findings/ Limitations
Framework/ Study Recommendations Review
Conclusion
Idea
 6 Financial Ali, K., 2011 The purpose of the To enlighten The paper Only the . This study attempts to It only
performa Akhtar, study is to examine on the attempted to selected measure the relative determine the
nce of M. F. the profitability establishment examine the banks- performance of Indian effect of bank
banking and indicators of public of public sector effect of some specific banks. For this study, specific and
sector in Ahmed, and private banks selected bank- factors are they have used public microeconomi
Pakistan H. Z commercial banks To examine specific factors mentioned. sector banks. They c.
of Pakistan the variable including bank have chosen the
explored in. that effect the size, operating CAMEL model and t
The return on profitability of expense on test which measures
assets (ROA) and public sector public sector the performance of
return on equity banks in banks bank from each of the
(ROE) are used as Pakistan profitability. important parameter
profitability Based on the like capital adequacy,
measures to results of asset quality,
determine the theoretical management
effect of bank- analysis, it is efficiency, earning
specific and observed that quality
macroeconomic the ROA of the
indicators on banks were
profitability strongly and
negatively
influenced by
the bank size

Concepts/
Major
Conceptual Objective of Future Research Critical
No. Title Author Year Findings/ Limitations
Framework/ Study Recommendations Review
Conclusion
Idea
 7 Lintner, 2015 For any Dividend policy In this study we Dividend By controlling for Dividend
Miller & organization, has been have used a policy has market returns we policy must
Modigli maximizing their extensively two-factor been want to investigate the be extensively
ani shareholders’ researched in model to extensively effect of industry along researched.
wealth is the the field of estimate our researched in with the market on our
fundamental goal. finance and still parameters by the field of stocks under
To achieve this remains adding another finance and observation, whether
objective, financial debatable variable of still remains the abnormal returns
management has amongst industry return debatable are attributed to the
three major researchers. among dividend
decisions to make; Various studies researchers. announcement or were
Impact of
(a) Investment have been there other factors
Dividend
decision, (b) conducted to influencing the whole
Announce
Financing decision find the link sector
ment on
and (c) dividend between
Stock decision. dividend policy
prices: A and stock
case of prices and have
Pakistan been the center
Stock of attention in
Exchange determining
the optimal
dividend policy.

Concepts/
Major
Conceptual Objective of Future Research Critical
No. Title Author Year Findings/ Limitations
Framework/ Study Recommendations Review
Conclusion
Idea
8 IMPACT AyshaH 2015 This study The purpose of This drastic N.A Formerly, researchers This drastic
OF aider1, empirically this study is to increase in focused on the stock increase in
MERGER Muham examines the examine the leverage after market but today the leverage after
S ON mad impact of mergers impact of merger is not a trend is shifting from merger is not
PERFOR Shoaib2 on performance of mergers on sign of good event study to a sign of good
MANCE , Sara the banks in performance of performance organizational performance.
OF Kanwal3 Pakistan. The link the banks in because approach. although
BANKIN between liquidity Pakistan. bankruptcy research of corporate
G risk, leverage, Purpose is to could be performance was
SECTOR capital adequacy, find the link occurred due to difficult as compare to
OF size and between low level of event study
PAKISTA performance of liquidity risk, shareholders’
N merging banks, leverage, funds as
listed on Karachi capital compared to
Stock Exchange adequacy, size debt financing.
(KSE), which and capital
executed at least performance of adequacy is 9%
one merger during merging banks. before mergers
2006-2010 has and becomes
been discovered approximately
using Dougherty double after
model merger, i.e.,
16% it is equal
to decrease in
performance
because mostly
high rate of
capital
adequacy
becomes
burden
Concepts/
Major
Conceptual Objective of Future Research Critical
No. Title Author Year Findings/ Limitations
Framework/ Study Recommendations Review
Conclusion
Idea
9 The Moham 2016 The title of this With the The Indus Pakistan and The Indus Water With the
Water mad paper has been division of huge water basin is India are Treaty was signed in division of
Wars: Umar loaned from land mass and the spine of dangerously 1960. Since then the huge land
Pakistan, Baba Cameron population, six Pakistan, energy and population of both mass and
India Stretcher’s 2011 major rivers disputed water-starved India and Pakistan population
hostility dystopian novel flowing down to Kashmir region and nowhere have grown and will water starved
over The Water Wars Pakistan and northern close to an increase exponentially must be
Kashmir that depict struggle (Western India and water agreement on by the middle of 21st mentioned
waters of Will and his rivers) and distributing is disputed century. Its review or precisely.
sister, Vera in a India (Eastern therefore a very Kashmir but amendment has
country collapsed rivers) from touchy issue in the impact of becomes
from the disputed Pakistan as climate indispensable. • When
environmental Kashmir well as in change and the treaty was
cataclysm. The became a bone Kashmir population endorsed, it didn’t take
authorities hoard of contention pressures are into account the
water, dam rivers, amidst deadly teamed climate change
and even exploit fighting offering a aspects. The modified
clouds as rivers between the forecast on treaty also becomes
and lakes dry up, armies of the the Indo-Pak important since people
glaciers vanish and new born water in India-administered
polar caps melt. nations problem that Kashmir are seeking a
is anything greater say in the
but affairs of their
encouraging. resources. •

Concepts/
Major
Conceptual Objective of Future Research Critical
No. Title Author Year Findings/ Limitations
Framework/ Study Recommendations Review
Conclusion
Idea
10 VAIC and Muham 2014 For the Objective of Regression N.A There are two reasons This study
Firm mad Zia organizations this study is to results for the that why the should also
Performa ul haq1* importance about examine the govt. sector measurement of focus on the
nce: Dr. resources is efficiency of the banks have intellectual capital is efficiency of
Banking Hazoor making a shift from commercial shown that important. First reason the commercial
Sector Of Muham tangible resources banks of VAIC (Value states that by bank along
Pakistan mad to the intangible Pakistan in Added measuring the with other
Sabir2 resources is due to utilizing Intellectual intellectual capital an important
Arbab the reason that intellectual Coefficient) has organization will be factors for the
Arshad3 companies and capital and significant able to allocate its
improvement.
Shahza organizations capital impact on the resources in a better
d started to use employed to profitability of way. Second, it helps
Sardar4 information run the the banks but in long term planning
Bilal technology, more organization.. over the as it provides
Latif5 dependence on The regression productivity of information about
expertise and results have banks no existing potential of the
technical ability and also proven significant organization
less dependence that there is impact is
on manual labor significant resulted. Table
and physical capital relationship 1 shows the
(Brinker, 2000). It is between the regression
necessary to make intellectual result of VAIC
the organizations capital and and return on
and leaders aware organizational equity has
of the importance performance. shown that R
square is 0.60.