IDEAS home Printed from
   My bibliography  Save this article

Application of Financial Decisions, their Determinants, and Financial Performance: A Tabular Summary of Systematic Literature Review


  • Hunjra, Ahmed Imran

    () (Post-Doctoral Fellow School of Accounting, Finance and Economics, The University of Waikato, New Zealand)

  • Bakari, Haroon

    (Assistant Professor, Department of Business Administration, Sindh University Campus Thatta, Pakistan)

  • Batool, Irum

    (Treasurer PMAS-Arid Agriculture University Rawalpindi, Pakistan)


Financial decisions (capital budgeting, capital structure and dividend policy) are the most important components of corporate finance and now a days have received the attention of researchers and practitioners. Financial decisions influence the financial performance of a firm. Uncertainty, corporate social responsibility, and stakeholders interest are the most important determinants of the financial decisions. The purpose of this study is twofold: firstly, this study provides a systematic review of literature summarizing the theoretical and empirical literature of the financial decisions, their determinants and financial performance. Secondly, it provides the empirical evidence based on survey and data was collected from Chief Financial Officers of Telecommunication, Banking, and Insurance companies listed in Karachi Stock Exchange (KSE) of Pakistan. This study used SPSS and AMOS for data analysis. This study finds that the financial decisions and their determinants are critical factors for the financial performance of firms.

Suggested Citation

  • Hunjra, Ahmed Imran & Bakari, Haroon & Batool, Irum, 2018. "Application of Financial Decisions, their Determinants, and Financial Performance: A Tabular Summary of Systematic Literature Review," Empirical Economic Review, University of Management and Technology, Lahore, vol. 1(2), pages 91-142.
  • Handle: RePEc:ris:empecr:0010

    Download full text from publisher

    File URL:
    File Function: Full text
    Download Restriction: no

    More about this item


    Financial Decisions; Financial Performance; Uncertainty; CSR; Stakeholders Interest; Pilot Testing;

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:empecr:0010. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sidra Raza). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.