Financial Performance and Corporate Strategy of Indian Business Groups

ISBN-13: 9783838377230 / Angielski / Miękka / 2010 / 260 str.

Ram Kumar Kakani

Opis

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. Indias 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 Indias market capitalization. Apart from business groups 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. The book should shed some light on Indian Business Groups, and should be useful to Professionals and Students in Management and Finance fields, or anyone else considering a study of Corporate Strategy.

O autorze

Dr. Ram Kumar Kakani B. Tech (Andhra Univ.), Fellow (IIM Calcutta) Associate Professor of Finance & Strategic Management Area, XLRI Jamshedpur, India Was a residential scholar at Copenhagen Business School Denmark, Singapore, & U.A.E. Is among the top 1% of SSRN authors ranking (2007 onwards) and co-authored two popular text books (McGraw Hill).