Hamid et al., (2011) carried out their study based on the slack resource, good management, singling and agency theories. The paper estimated an interactive equation structural model that relates CSP, CFP and market performance (MP) with regard to the firm’s share value and relative debt level. An attempt to justify the relationship of CSP, CFP, market value of the share and financial leverage was based on 166 listed Pakistan companies from the textile sector, chemical sector, cement sector and the tobacco sector during 2005 and 2006. The results in aggregate concluded that CSP had no effect on CFP under slack resources theory and good management theory.