مشترکہ و جداگانہ خاندانی نظام کے معاشرے پر اثرات

Islam is the full code of life that not only provides guidance to its followers but also is a source of growth for each and every one who has soul. Islam emphasizes on formation of an exemplary society. Basic unit of each society is dependent upon the family system. If family system is inspired with good and healthy values, then the resulting society will certainly be brightened with brilliance of the righteous values. Family and affiliation with family is a natural need for humanity. Since Islam is the nature, therefore it provides us full guidance about the family system and its importance in our whole life. Islam emphasizes on family strengthening and stability. The importance of family relationships and relations with the relatives has also been mentioned in the holy Qur’an. Family is referred as “Usrah” in Arabic, which means being bound or connected. Strongest castle is also known as “Usrah” in Arabic, where members within a family remain united and connected together with strong bonding among them. Keeping in view the needs of a family, Islam has described the fundamental principles related to family system in a very narrative way. Moreover, mutual responsibilities towards each other and other rights have also been mentioned explicitly. Even Islam has emphasized on showing generous compassion, sympathy and providing legal rights to one another. While some of the issues have been left mainstream which people within a society consider good and don’t even contradict the principles of Islam. One such issue is the family system. What should be the nature of family? Is it all in living within one family or in a separate family system? There are two types of family systems in Sharia; Joint and separate family systems. The conditions and circumstances which better suit in an environment with good effects on family as well as society should better be adapted. But it should be kept in mind that the western concept of separate family (wife, children and one’s own-self) being presented today is not an Islamic concept. For explaining these aspects, the present article will focus on “what is the basic concept and Impacts of joint and separate family systems in Islam? And what are the impacts of these family systems on the society (economic, social and psychological)

Impact of Determinants of Corporate Governance on Earnings Management

The purpose of this research is to investigate the determinants and effect of corporate governance practices on earnings management of the companies listed in PSE for the period of 2009-2014. Data is collected through simple random sampling of 125 manufacturing companies of PSE. Financial reporting is the only way to communicate financial information to the shareholders and stakeholder, but the most important part is the quality of these financial statements. Quality of financial reporting is the result of skills and success achieved in performing different management duties. This is where "EARNINGS MANAGEMENT" comes in to existence. Discretionary accruals is the proxy to measure earning management. The researcher utilized the multiple regression to analyze the study data. The results authenticated that ownership structure, audit committee & CEO duality affects the earnings disclosure of companies. The study concluded that implementation of corporate governance practices had significant impact on earning management of companies