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https://www.um.edu.mt/library/oar/handle/123456789/65880| Title: | Local firms versus MNCs in India : a study of competitive performance |
| Authors: | Hiremath, Chetan V. Pai, V. S. |
| Keywords: | Competition -- India Business enterprises -- Finance India -- Economic conditions -- 21st century |
| Issue Date: | 2015 |
| Publisher: | Governance Research and Development Centre, Croatia & University of Malta, Faculty of Economics, Management and Accountancy, Department of Insurance |
| Citation: | Hiremath, C. V., & Pai, V. S. (2015). Local firms versus MNCs in India : a study of competitive performance. Journal of Corporate Governance, Insurance and Risk Management, 2(1), 119-140. |
| Abstract: | We studied the performance of 187 firms drawn from MNC subsidiaries (55), domestic private-owned (76), and domestic state-owned (56) firms operating in India. The underlying objective was to assess which group of firm demonstrated superior economic performance and competitiveness. We analyzed data for two periods of time 2002-03 and 2011-12 using four measures of economic performance namely operating profit margin (OPM), net profit margin (NPM), return on net worth (RONW) and asset turnover ratio (ATR). As the data set did not lend itself to parametric analysis, we adopted the nonparametric method. We employed Kruskal-Wallis H Test, Mann-Whitney U Test, Two-Step Cluster Analysis, and Chi-Square Test. We found that domestic private-owned firms performed better and were more competitive than the other two groups of firms. |
| URI: | https://www.um.edu.mt/library/oar/handle/123456789/65880 |
| ISSN: | 2757-0983 |
| Appears in Collections: | JCGIRM, Volume 2, Issue 1, 2015 |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| JCGIRM2(1)A9.pdf | 295.01 kB | Adobe PDF | View/Open |
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