Год выпуска: 2010 Автор: Ram Kumar Kakani Издательство: LAP Lambert Academic Publishing Страниц: 260 ISBN: 9783838377230
Описание
Corporate strategies & their effectiveness on wealth creation constitute the core issue of both finance & strategic management. This work not only synthesizes the existing theories linking corporate strategies with financial performance but also uses case-based and empirical analysis to probe the linkages and relation. India’s corporate sector continues to be dominated by business houses. Using 12-years accounting & capital market data, this book studies the impact of strategy on performance of 240 large Indian business groups, constituting over 40% of India''s market capitalization. Apart from business group’s product diversification, their geographical diversification level and size were also important factors affecting their market-based and non-market based performance measures. Shareholder value depends on organizations'' growth, profitability, risk & the capital market conditions. So, the study extended to investigate the precise performance constituents that drove the results....