AN ANALYSIS OF SHAREHOLDERS VALUE OF THE SELECT PRIVATE SECTOR NON-BANKING FINANCE COMPANIES IN INDIA
Journal Title: International Journal of Management, IT and Engineering - Year 2017, Vol 7, Issue 12
Abstract
Corporate management has been placed under a growing pressure to implement financial strategies that create value for its shareholders, although maximizing shareholders wealth has become a paramount corporate mission. Non-Banking Finance Companies also to generate value for shareholders and value based management systems have been developed. In this study an attempt has been made to identify the shareholder value of the select private sector Non-Banking Finance Companies in India for the period of 2000-2014through the technique of EVA. Economic Value Added (EVA) is the financial performance measure that comes closer than any other to capture the true economic profit of an enterprise. From the analysis, it is observed that all the select Non-Banking Finance Companies have achieved a positive and significant growth in shareholder value addition (EVA) and Net Operating Profit after Tax (NOPAT) is the most significant factor in determining shareholder value of the sample firms.
Authors and Affiliations
Dr. N. Deepa And Dr. V. Thilagavathi
Keywords
Related Articles
- EP ID EP18949
- DOI -
- Views 359
- Downloads 14
MULTI RESPONSE OPTIMIZATION OF PROCESS PARAMETERS FOR MACHINING TITANIUM WITH EDM
Electrical Discharge Machine (EDM) is the one nonconventional machining process which is used widely in tooling sector. In EDM, it is necessary to optimize the process parameters like a pulse on time, pulse off- time,...
slugThe design of a Trusted Authentication scheme for Wimax Network
As a promising broadband wireless technology, WiMAX has many salient advantages over such as: high data rates, security, and mobility. Many sophisticated authentication and encryption techniques have been embedded into...
C.R.A.M.E.(Computerised Recognition for Automated Modification of Environment)
Abstract—There is a burst in advanced remote controlled features in the homes of today but often these features cost a fortune for homeowners who are crawling through their life trying to make end’s meet. CRAME is an a...
slugDeep web Data Integration Approach Based on Schema and Attributes Extraction of Query Interfaces
The deep web is becoming a collection of informative resource unlike the conventional web information that allow retrieval of the contents into the Deep Web only accessible through source query interfaces. However, the...
slugSurvey on Software Process Improvement and Improvement Models
Software Process Improvement is common thinking in today’s era for any organizations’ overall benefit. It starts when organization starts thinking about the change in working environment so that performance and profit...