ISO Certification does it Matter? A Case of Pharmaceutical and Beverages Sector in Pakistan

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9U8IA

ISO Certification does it Matter? A Case of Pharmaceutical and Beverages Sector in Pakistan

Muhammad Azeem
Muhammad Azeem The University of Lahore
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Abstract

In this paper, comparison is made to know the impact of International Organization for Standardization (ISO) certification on organization’s profit after certification and before certification. Randomly pharmaceutical and beverages sectors selected from Karachi Stock Exchange listed companies in Pakistan. The annual data of profit from (1996- 2008) collected from Balance Sheet analysis (BSA) published by state bank of Pakistan (SBP).Mann Witney U test applied to compare two time periods and observed that there is significance difference between the profits of two time periods of both sectors.

ISO Certification does it Matter? A Case of Pharmaceutical and Beverages Sector in Pakistan

In this paper, comparison is made to know the impact of International Organization for Standardization (ISO) certification on organization’s profit after certification and before certification. Randomly pharmaceutical and beverages sectors selected from Karachi Stock Exchange listed companies in Pakistan. The annual data of profit from (1996- 2008) collected from Balance Sheet analysis (BSA) published by state bank of Pakistan (SBP).Mann Witney U test applied to compare two time periods and observed that there is significance difference between the profits of two time periods of both sectors.

Muhammad Azeem
Muhammad Azeem The University of Lahore

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Muhammad Azeem. 2014. “. Global Journal of Management and Business Research – A: Administration & Management GJMBR-A Volume 14 (GJMBR Volume 14 Issue A3): .

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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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ISO Certification does it Matter? A Case of Pharmaceutical and Beverages Sector in Pakistan

Muhammad Azeem
Muhammad Azeem The University of Lahore

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