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 336
- Downloads 14
Management Control Systems in Insurance Companies of Nepal
Purpose – The purpose of this study is to examine whether the mechanisms of MCS have been adequately developed and applied in the Nepalese Insurance Companies or not Methodology Used – Descriptive and analytical resear...
slugMicro finance – Role of Banking intermediaries in Inclusive Economic Growth
Micro finance is most challenging financial act of modern banks in India. It is a scaleable antipoverty solution to rural credit barriers. The main objective of this study is to conceptualize the operational methodologi...
Evaluative Study on Consequences of Cognitive and Sensory Overload : A Socio - Psychological Perspective
We are becoming negligent or neglect per se on heavy cognitive load, due to unawareness of unconciously on the fast move towards our goals, without realising that we are closing in a mental hygiene problem, which if un...
Ethical Leadership relations with Employee Job Performance
The aim of this research is to observe the concept of ethical leadership relation with employee job performance .The Characteristics of an ethical leader and how organisations can develop leaders that are not only soun...
THE FACTORS INFLUENCING THE INTERNATIONALIZATION PROCESS MANAGEMENT OF CZECH ENTREPRENEURIAL SUBJECTS
Internationalization is a phenomenon researched intensively over the last few decades from a variety of viewpoints. Issues such as the development of international activities, and factors favoring or disfavoring intern...