International Journal of Railway

  • 제6권4호
  • /
  • Pages.131-138
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  • 2013
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  • 1976-9067(pISSN)
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  • 2288-3010(eISSN)
한국철도학회 (The Korean Society for Railway)
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Financial Decline of Pakistan Railways and Prospective Turnaround

  • Ch., Kashif Farooq (Muhammad Javed Anwar. Central Superior Services of Pakistan)
  • 발행 : 2013.12.31
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초록

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.

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참고문헌

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