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Numerous researchers have probed the peristaltic flows because of their immense usage in industrial engineering, biomedical engineering and biological sciences. However, the investigation of peristaltic flow in two-phase fluid of a rotating frame in the presence of a magnetic field has not been yet discussed. Therefore, to fulfill this gap in the existing literature, this paper will explicate the peristaltic flow of two-phase fluid across a rotating channel with the effect of wall properties in the presence of a magnetic field. The purpose of this study is to investigate the two-phase velocity distribution and rotation parameter when magneto-hydrodynamics is applied.

The constituent equations are solved under the condition of low Reynolds number and long wavelength. The exact method is used to attain the subsequent equations and a comprehensive graphical study for fluid phase, particulate phase velocity and flow rates are furnished. The impacts of pertinent parameters, magnetic field and rotation are discussed in detail.

It is witnessed that the velocity profile of particulate phase gets higher values for the same parameters as compared to the fluid phase velocity. Moreover, the axial velocity increases with different values of particle volume fraction, but in case of magnetic field and rotation parameter, it shows the opposite behavior.

The outcomes of study have viable industrial implementations in systems comprising solid-liquid based flows of fluids involving peristaltic movement.

The investigation of peristaltic flow in two-phase fluid of a rotating frame in the presence of a magnetic field has not been yet discussed. Therefore, to fulfill this gap, the present study will explicate the peristaltic flow of two-phase fluid across a rotating channel with the effect of wall properties in the presence of magnetic field.

The financial policies of the modern world corporations and their investment decisions are generally considered as interrelated because the agency problems, associated with the debt level and its maturity structure, give rise to incentives for overinvestment or underinvestment. The present study empirically investigates the linkage between debt maturity structure and firm investment in a financially constrained environment, using Pakistan as a case study, to determine how the institutional environment in which firms operate affect these decisions and their linkage.

The empirical analysis is carried in a panel data setting using panel regression models as the baseline methods. Moreover, generalized methods of moments (GMM) estimators are used, coupled with the instrumental variables approach, for robustness and improving the efficiency and consistency of estimates.

Results suggest that firms rely more on short financing in Pakistan. Thus, given the capital structure which is characterized by higher proportion of short-term financing, the higher level of leverage is less likely to cause underinvestment problem. However, the underinvestment problem do persists in the firms that have higher portion of long-term debt. These findings imply that the debt-overhang problem may persist even in the financially constrained environments where attractive investment opportunities are limited, and long-term financing is difficult to acquire.

This study contributes to the literature by revealing how corporate investment and financing decisions and their linkage is influenced by the institutional environment of the less developed countries which is characterized by underdeveloped financial markets, inefficient legal system and weak investor protection system.