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Global Financial Crisis: A critical study on Role of Auditor’s and Stakeholder

Author

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  • Fahad Asghar

    (Department of Business Administration, Thal University Bhakkar, Pakistan)

  • Palwasha Farooq

    (MS Scholar, Department of Management Science, Capital University of Science and Technology, Islamabad, Pakistan)

  • Muhammad Nadim

    (Assistant Professor, University of the Punjab, Jhelum Campus, Punjab, Pakistan)

  • Zain ul Abidin

    (PhD. Scholar, Faislabad Business School, National Textile University, Faisalabad, Pakistan)

  • Fazli Wadood

    (Assistant Professor, Department of Management Sciences University of Buner KP, Pakistan)

Abstract

An in-depth analysis of the complex interactions between Audit Score, Institutional Investment, and Financial Health Score is done in this study, along with examining the implications for financial dynamics. The study includes 1000 observations and uses a structured methodology to examine the dataset's variables. The introduction establishes the context by emphasizing the importance of comprehending these relationships within the financial landscape. The main driving forces behind this study are explained, highlighting the significance of these factors in determining financial outcomes. The literature review examines the topic's historical background and theoretical foundations and surveys current scholarly discourse on it. It explores the functions of the Audit Score and Institutional Investment and how they interact with the Financial Health Score, highlighting the gaps this study seeks to fill. The research design and analytical methods used are explained in the methodology section. While SPSS 22 is utilized in to check correlation analysis looks for connections, descriptive statistics capture central tendencies and variability. Reliability statistics provide information on scale consistency, while regression analysis models the predictive potential of Audit Scores and Institutional Investment. The empirical findings derived from the analyses are presented in this section. While correlation analysis reveals meaningful relationships, descriptive statistics provide information about the characteristics of the variables. The summary of the regression model shows how well it can explain data and the coefficients show how predictors affect the Financial Health Score. Statistics on reliability shed light on the scale's internal consistency. The implications of the results are thoroughly discussed, along with an interpretation of the observed relationships between the variables. The implications of the negative relationship between institutional investment and financial health score and the practical significance of the positive audit score-financial health score correlation are examined. These trends' possible causes are looked at. The study's findings are summarised in the conclusion, highlighting its contributions to our understanding of financial dynamics. The study's importance within the larger financial context is encapsulated in the discussion of its implications for financial decision-makers and potential future research directions.

Suggested Citation

  • Fahad Asghar & Palwasha Farooq & Muhammad Nadim & Zain ul Abidin & Fazli Wadood, 2023. "Global Financial Crisis: A critical study on Role of Auditor’s and Stakeholder," Journal of Policy Research (JPR), Research Foundation for Humanity (RFH), vol. 9(2), pages 452-458.
    • Handle: RePEc:rfh:jprjor:v:9:y:2023:i:2:p:452-458
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    References listed on IDEAS

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    Cited by:

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    2. Maryum Jamal & Dr. Nisar Khan & Ahsan Ali & Marwat Khan, 2024. "Exploring Big Data Analytical Capabilities Influence on Supply Chain Performance: Mediating Role of Supply Chain Resilience," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(3), pages 310-315.
    3. Guo Hong Fu & Muhammad Asghar Khan, 2024. "Development and Promotion Countermeasures for Export Growth of Pakistan Textile Products," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(2), pages 377-383.
    4. Mehwish Rafiq & Muhammad Fahad & Aisha Riaz & Muhammad Waqas Nazir, 2024. "Leveraging Banking Financial Performance through Shari’ah Board’s Characteristics: Empirical Investigation," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(3), pages 36-41.
    5. Dr. Farah Yasser & Dr. Ghulam Murtaza Lahbar & Dua Ali & Ali Raza Zaidi, 2024. "Assessing the Connection between Intellectual Capital and Financial Success in Islamic Banking: Empirical Analysis," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(3), pages 197-202.

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