摘要:The profitability of any organization for a specific time can be considered as the ultimate result of its investing, operating and financing activities. This research paper studies how the profitability of non-life insurance companies in Pakistan is prejudiced by working capital management, other firms specific variables coupled with the macroeconomic variables like Inflation and GDP. The results are generated by running balance panel data on Eviews6.The current ratio is taken as demonstrative of working capital management. The results show that current ratio, premium growth and firm size are the key factors in determining the profitability of the firms. The results also show that ROA and ROE of the firms are not influenced by the same variables. The macroeconomic variables also proved significant in determining the profitability of the firms.
关键词:Non-life Insurance companies;Pakistan;Profitability;Working capital Management;Macroeconomic Variables