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While on the one hand the study ascertains the market rates of return (earned) on equities from the investors' perspective (by including both the capital gains and the dividend income), it also shows how to compute the rates of returns on equities from the corporate perspective (that is, rate of return earned on equity funds).
Based on a data set covering the last two decades of India's development, this study analyzes the financial performance of public sector enterprises, assessing their success in adapting to a liberalized business environment of disinvestment and subsidy cuts.
This book examines whether there has been a major change in the financial profitability and financial policies and decisions of sample companies in the period from 2000-2001 to 2010-2011, with a special focus on pre and post-recession analysis.
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