A Comparative Analysis of Financial Performance of Central Public Sector Undertakings (CPSUs) in their Pre (Before) and Post (After) Disinvestment Trend Period

Abstract

This Paper presents a detailed approach to comparative analysis of financial performance of CPSUs in their Pre and Post disinvestment Period and also has focused on economic reform and resulting disinvestment of PSEs in India and it also takes into consideration the effect of disinvestment of Public Sector. This study uses the Research based theory to examine the disinvestment in the various Spheres of the economy and also tried to check of Pre and Post disinvestment Performance of PSUs in term of efficiency analysis and many other indicators of the enterprise with help of case studies. This study helps in understanding the disinvestment of CPSEs which impact on Indian economics as well as budget deficit. Thus paper uniquely combines the theories and Practical approach for latest Policies and programme of the Government along with Pattern, trend and Process of investment of CPSEs. Thus the paper examines the financial operative efficiency level of PSUs, because it should be justified properly in carrying out the disinvestment process. The Present study will attempt to find out the problem to find out the Problem of loss making of various organizations of PSUs. Finally, this paper provide to study the comparative performance of CPSUs in Pre and Post disinvestment Period, the relative performance of some selective PSUs on their Disinvestment Period compared to other companies of same industry, all problems associated with governance in case of disinvested PSUs, the impression of Shareholder of PSUs about the effect on disinvestment.