THE IMPACT OF CASH FLOW ON SHARE PRICE OF FIRMS: A CASE STUDY ON GAS & OIL MARKETING INDUSTRY OF PAKISTAN
Abstract
Financial performance of any organization is the ultimate goal. This study scrutinizes the impact of cash flows on share price for the oil sector of Pakistan.The variables that have been used in this research are operational cash flows, investment cash flows and financial cash flows. However, share price is a dependent variable. To test the impact on dependent variable share price on independent variables regression analysis is castoff to check the impact. 14 years’ data has been taken from the reliable sources like State bank of Pakistan, Federal bureau of statistics and securities exchange commission Pakistan. to and regression analysis, correlation and descriptive statistics are used. However, all the independent shows the significant relationship.