A government job is what most job seekers look for in Pakistan. With a feudal background and job culture inherited from British India, government jobs are believed to provide security, permanency, status and privileged treatment in day to day affairs. But where entering into government jobs is...

This paper presents an overview of the Pakistani mutual fund industry and also evaluates mutual fund performance using a survivorship bias controlled sample of funds. By the end of financial year 2004, 112 billion rupees were invested in mutual funds. The main purpose of this study is to examine...

This study examines impact of the introduction of single stock futures contracts on the return volatility of the SSFs-listed underlying stocks. The study documents a significant decrease in return volatility for the SSFs-underlying stocks following the introduction of single stock futures...