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

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Muhammad Azeem
Muhammad Azeem
1 The University of Lahore

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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)(1997)(1998)(1999)(2000)(2001)(2002)(2003)(2004)(2005)(2006)(2007)(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.

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

Muhammad Azeem. 2014. \u201cISO Certification does it Matter? A Case of Pharmaceutical and Beverages Sector in Pakistan\u201d. Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 14 (GJMBR Volume 14 Issue A3): .

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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v1.2

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May 22, 2014

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English

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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)(1997)(1998)(1999)(2000)(2001)(2002)(2003)(2004)(2005)(2006)(2007)(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.

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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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