Firm Value Creation Patterns in India

29 Pages Posted: 1 Sep 2012

See all articles by Lokanandha Reddy Irala

Lokanandha Reddy Irala

School of Management Studies, University of Hyderabad

Raghunatha Reddy

Jawaharlal Nehru University

Date Written: August 31, 2008

Abstract

Maximizing the total value of the firm — that is, the sum of the market values of the equity, debt and any other contingent claims outstanding on the firm — is fast gaining popularity in India. Value maximization, as an objective function that will guide managers in making the optimal tradeoffs

Using a sample of 1000 companies, classified into sixteen industries, two industry sectors, seven BSE listing groups and six geographical regions, this paper investigates the value creation patterns of Indian firms and to ascertain whether there are significant differences across industries, industry sectors, BSE listing groups and geographical regions

Keywords: Value Creation, Corporate performance measures

JEL Classification: G00, J33, L21, M40, M52

Suggested Citation

Irala, Lokanandha Reddy and Reddy, Raghunatha, Firm Value Creation Patterns in India (August 31, 2008). Available at SSRN: https://ssrn.com/abstract=2139493 or http://dx.doi.org/10.2139/ssrn.2139493

Lokanandha Reddy Irala (Contact Author)

School of Management Studies, University of Hyderabad ( email )

Prof. CR Rao Marg
Gachibowli
Hyderabad, Telangana 500046
India
8247705022 (Phone)

HOME PAGE: http://www.irala.org

Raghunatha Reddy

Jawaharlal Nehru University ( email )

Vasant Vihar
Jawaharlal Nehru University
Hyderabad, DE Delhi 500072
India

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