Business Risk in Indian Corporate Sector:A Study of Select Companies in the Post-Liberalization Era

Authors

  • Amit K. Mallick
  • Debasish Sur
  • Prasenjit Ganguly

DOI:

https://doi.org/10.33516/rb.v42i2.33-49p

Keywords:

Business Risk, Cost Structure Risk, Capital Productivity Risk, Liquidity Risk, Return.

Abstract

With the spectacular changes in the business milieu in the post liberalization era, the earning trends, cost behaviour pattern, capital productivity and liquidity policies in the Indian corporate sector have also changed radically. Consequently, the pattern of business risk associated with the companies in the Indian industry has witnessed notable changes. In this backdrop, the present study seeks to analyze the business risk in the Indian corporate sector during the period 1994-95 to 2013-14 and also to examine whether its findings conform to the theoretical arguments. The sample size of the study consists of one hundred companies which have been selected by taking the top five companies (based on market capitalization as per BSE on 31.03.2015) from each of the twenty selected industries. The business risk and its company-specific components associated with the selected companies have been measured in this study using Ginni's coefficient of concentration .While tackling the issue analyzed in this study relevant statistical tools and techniques have been applied.

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Published

2016-07-01

How to Cite

Mallick, A. K., Sur, D., & Ganguly, P. (2016). Business Risk in Indian Corporate Sector:A Study of Select Companies in the Post-Liberalization Era. Research Bulletin, 42(2), 33–49. https://doi.org/10.33516/rb.v42i2.33-49p

Issue

Volume 42, Issue 2, July 2016

Section

Articles
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Scopus
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Europe PMC

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