ISSN(Print):   2664-0422 - ISSN(Online):   2664-0430 - ISSN-L:   2664-0422
PSSR Logo

PAKISTAN SOCIAL SCIENCES REVIEW (PSSR)

 An Open access,Open Archive, Triple-Blinded Peer Review, Multidisciplinary Journal
Recognition by HEC in Y category
  • Home
  • Issues
    • Current Issue
    • Archives
    • Corrigendum
    • Galley Proof
  • Policies
    • Ethical Statement
    • Publication Policy
    • Archiving Policy
    • Privacy Statement
    • Open Access Policy
    • Licensing & Copyright
  • Guidelines
    • Author Guidelines
    • Plagiarism Guidelines
    • Call for Papers
    • Publication Fee
    • Article Processing Chart
    • Sample Paper
  • About
    • Scope & Mission
    • Indexing & Abstracting
    • Editorial Team & Board
    • Advisory Board
    • Contact Us
    • Complain / Feedback
  • Submit to OJS
News
  • PSSR is handed over to Orients Social Research Consultancy (OSRC) from Fatima Gohar Educational and Welfare Society
  • Only through proper channel submitted articles via Open Journal System (OJS) will be entertained.
  • Quarterly Published
  • The manuscript may be submitted electronically by 31st of January for Issue-I (January-to-March), 30th April for Issue II (April-to-June)
  • , 31st July for issue III (July-to-September) and 31st of October for Issue-IV (October-to-December)
  • Recognition by Govt of Pakistan (HEC) in Y category.
  • Home
  • Current Issue
  • Archives
  • Ethical Statement
  • Publication Policy
  • Archiving Policy
  • Privacy Statement
  • Open Access Policy
  • Licensing & Copyright
  • Scope & Mission
  • Indexing & Abstracting
  • Editorial Team & Board
  • Advisory Board
  • Author Guidelinese
  • Plagiarism Guidelines
  • Call for Papers
  • Publication Fee
  • Contact Us
  • Complain / Feedback
Open Access

RESEARCH OF SOCIAL SCIENCES (SMC-PRIVATE) LIMITED(ROSS) & PAKISTAN SOCIAL SCIENCES REVIEW (PSSR) adheres to Creative Commons Attribution-Non Commercial 4.0 International License. The authors submitting and publishing in PSSR agree to the copyright policy under creative common license 4.0 (Attribution-Non Commercial 4.0 International license). Under this license, the authors published in PSSR retain the copyright including publishing rights of their scholarly work and agree to let others remix, tweak, and build upon their work non-commercially. All other authors using the content of PSSR are required to cite author(s) and publisher in their work. Therefore, RESEARCH OF SOCIAL SCIENCES (SMC-PRIVATE) LIMITED(ROSS) & PAKISTAN SOCIAL SCIENCES REVIEW (PSSR) follow an Open Access Policy for copyright and licensing.

Creative Commons License Signatory of DORA

How to Cite

Cash Holding as a Risk Management Approach through the Lense of Institutional Entrepreneurship: Evidence from Financial Sector of Pakistan

Abstract

The research is investigates the effect of hedging on cash holding of firm by using appropriate econometric technique. The examination is expected to see in the case of cash holding as well as hedging can be viewed as alternate tool for management of risk with choice of investment opportunities. A deductive approach is embraced to look at whether holding of cash as well as hedging supporting are seen as substitutive hazard management devices. In addition to execute quantitative approach and study used secondary data of public & private sector banks of Pakistan. The data was analyzed by used of specialty of STAT-12. Results revealed that cash holding reduced the risk of financial sector of Pakistan and worked as a risk management tool in lieu of hedging with considerable investment opportunities with removing underinvestment problems through the Lense of entrepreneurs. This study is provide the preference to financial sector of Pakistan to maintain level of cash holding of firms as well as used hedging in presence of cash holding. The model will also provide the opportunity of new investment that reduces under-investment problem issues then result is shape of risk management.

Authors

  • Ali Raza Elahi
  • Assistant Professor, Department of Commerce and Finance, GC University, Lahore, Punjab, Pakistan
  • Safyan Majid
  • Lecturer, Department of Commerce and Finance, GC University, Lahore, Punjab, Pakistan
  • Waqas Khan
  • Ph. D Scholar, Department of Business and Management Sciences, Superior University, Lahore, Punjab, Pakistan

Keywords

Cash Holding, Generalized Method of Moments, Hedging, Investment Opportunities, Performance Kit, Underinvestment Problems

DOI Number

10.35484/pssr.2022(6-II)36

DOI Link

http://doi.org/10.35484/pssr.2022(6-II)36

Page Nos

410-427

Volume & Issue

v6-2

Citation Formats

ABNT   APA   BibTex   MLA   Oxford   Harvard   Chicago   Turabian   AAA   MHRA  
WhatsApp
+92 306 3333475
  • Article Submission: editor@pssr.org.pk
  • Article Submission: editor.pssr@gmail.com
  • Assistant Contact: +92 306 3333475
  • Address: RESEARCH OF SOCIAL SCIENCES (SMC-PRIVATE) LIMITED(ROSS). 78-FF Commercial Street 323 Wafi Citi, Citi Housing Gujranwala, Punjab, Pakistan
Creative Commons License
Pakistan Social Sciences Review (PSSR) by RESEARCH OF SOCIAL SCIENCES (SMC-PRIVATE) LIMITED(ROSS) is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Based on a work at https://pssr.org.pk/

Pakistan Social Sciences Review (PSSR), Developed by M. Yaseen

  • Home
  • Issues
    • Current Issue
    • Archives
    • Corrigendum
    • Galley Proof
  • Policies
    • Ethical Statement
    • Publication Policy
    • Archiving Policy
    • Privacy Statement
    • Open Access Policy
    • Licensing & Copyright
  • Guidelines
    • Author Guidelines
    • Plagiarism Guidelines
    • Call for Papers
    • Publication Fee
    • Article Processing Chart
    • Sample Paper
  • About Us
    • Scope & Mission
    • Editorial Team & Board
    • Advisory Board
    • Contact Us
    • Indexing & Abstracting
    • Complain / Feedback
  • Submit to OJS