• International Journal of Railway
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• 제6권4호
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• pp.131-138
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• 2013

We have studied the financial performance of Pakistan Railways and found that the financial indicator (net earnings ratio) of Pakistan Railways is consistently decreasing over the years, causing severe financial and operational crises. The implication of our study indicates that the '3Rs' Strategy (retrenchment, repositioning and reorganizing) should be put into practice and furthermore, favorable changes in environmental factors can also contribute towards organizational turnaround. This study would help the Government of Pakistan to think and plan more clearly about turnaround strategies that could improve the performance and growth of Pakistan Railways.

• International Journal of Railway
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• 제6권1호
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• pp.7-12
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• 2013

This paper provides an overview of Pakistan Railways scheduling and rescheduling. First of all, Pakistan Railways is introduced with its brief history and importance in this country. Assets of this network with passengers and freight using this are given. Current hope less situation is leading to privatization of this system as well as promoting short distance traveler to use road and Government efforts to retain is also presented. Train scheduling in Pakistan is being done manually, based on manual time distance graph preparation and resolution of conflicts based on manager's experience and ability. In Real-time management of this traffic Lahore head office is connected with six control stations in the Pakistan, decision for resolution of any disturbance is coordinated among them. It is recommended that computer aided tools must be developed for this system to help traffic managers and it is needed to invest on the segments to increase their speed limits which might attract passengers to use this mode of transportation with high priority.

• The Journal of Asian Finance, Economics and Business
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• 제8권3호
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• pp.517-525
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• 2021

The study investigates the behavior of Asian banks in response to the subprime mortgage crisis and examines how countries that have experimented with a mix of conventional and Islamic banking managed their balance sheet during that period. The study carries out an independent mean t-test comparing the difference of leverage of 464 conventional commercial Asian banks pre- and post-crisis from the largest twenty-five Asian economies based on GDP (2007). The analysis uses 10-year unbalanced panel data of conventional banks and employs the generalized least squares estimation using a dummy variable event window method to capture the response of Asian banks. The study finds evidence of a structural change in the capital structure of Asian commercial banks in response to the financial crisis. Findings suggest that conventional banks increased their capital position more in countries that have both Islamic and conventional banking than those countries without Islamic banking services. By having Islamic banking in their product portfolio, countries can exert market discipline on conventional banks. The study identifies a significant role of global macroeconomic shocks on banks liability structure decision-making. Evidence shows that this increase in capital positioning by banks was a permanent rather than a temporary response.