Journal Press India®

Determinants of Firm’s Performance: An Empirical Evidence from India

Vol 6, Issue 1, January - June 2019 | Pages: 80-97 | Research Paper  

 
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https://doi.org/10.17492/pragati.v6i1.184298


Author Details ( * ) denotes Corresponding author

1. * Ranjeet Kumar Mishra, Research Scholar, Patna University, Patna, Bihar, India (learnindialeadindia@yahoo.com)

Objective of this study is to empirically examine the factors which boost or hurt the performance of a firm. For the fulfilment of this objective impact of forty three variables on seven proxies of firm’s performance are investigated in this study. Out of the seven proxies of firm’s performance six are related to accounting measure and one is related to value measure of performance. Unbalanced panel data for the periods of 2009-10 to 2016-17 related to 143 listed Indian companies from 14 manufacturing industries are used. Data is analysed through pooled ordinary least square regression. Findings show the combined impact i.e. positive or negative or insignificant impact of these variables on firm’s performance.

Keywords

Firm’s performance; Tobin Q; Net trade cycle; Capital structure; Working capital management; Macroeconomic factors

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