Advanced Research Studies In Commerce And Management
Advance Research Studies in Commerce management present thought provoking research papers in the field of commerce and management. The Subject Matter of this Book is structured around nine important areas in the Field of Commerce and management, Which can be advantageously used by research Scholars,teachers,financial managers,creditors and businessmen. The research papers have been classified in to broad areas, viz.- Part i: Corporate profitability,Part II: Corporate Liquidity,Part III: EVA and MVA, Part IV: Production analysis, PART V: Working Capital analysis , PART VI: Capital Structure, PART VII: Assessment of Financial Health, PART VIII: Analysis of Productivity and PART IX: Analysis of Financial Competitiveness. The 27 research articles have been so arranged in the above parts as to facilitate a proper and fuller understanding of the subject concerned. It is above parts as to facilitate a proper and fuller understanding of the subject concerned. It is hoped that the present book will prove very useful to the research scholars and the teacher of commerce and management and also to the financial executives.
DR A VIJAYAKUMAR
Dr. A Vijay Kumar is Associate professor of Commerce, Arts and Science College, Erode. He pursued his B Com degree in 1994 from University of Madras, M Com in 1996, M Phil in 1990, Ph.D in 1997and PGDCA in 2003from Bharathiar University. He has been teaching in the Post Graduate and Research, Department of Commerce, Erode Arts and Science College, Erode for over 25 years. He has been guiding a number of research scholars in research program leading to M Phil and PhD degree. Having staunched inclination to academic activates, he has produced 35 M Phil and 7 PhD degree his service so far. He is a prolific writer and scholar in his own right, is totally devoted to research and serious writing. As an expert in the field of Commerce, over the year, he has specialized in Finland Management He has several outstanding publication to his credit which won him wide acclaim in academic circle. He has published 20 books in the field of commerce and management. He has published 115 research papers and articles in reputed national and international journals. Further, he has presented 70 papers in national and international conferences. He has completed 2 Major research Projects and 3 Minor Research Projects funded by university grant commission. He has organized three national level conference funded by UGC. He has served as a member of various academic and professional bodies. He is a person with a vision and is capable of understanding the pulse of young commerce graduate. His quite competence and amicable disposition have won him many friends and admirers.
Preface V PART-1: ANALYSIS OF CORPORATE PROFITABILITY 1. An Empirical Analysis of Factor Associated with the Profitability: A Case of Indian Automobile Industry --Pg.1 2. An Empirical Study of Firm Structure and Profitability Relationship: The Case of Indian Automobile Firms --Pg 23 3. Determinants of Corporate Dividend in India- A Study of PSU'S --Pg.59 4. Linkage Between Corporate Growth,Liquidity and Profitability-An Empirical Analysis --Pg 79 5. Productivity and Profitability of the Paper Industry-A Case study of Seshasayee Paper and Boards Limited,Tamilnadu --Pg 103 PART-II: ANALYSIS OF CORPORATE LIQUIDITY 6. Assessment of Corporate Liquidity-A Discriminant Analysis Approach --Pg.119 7. Management of Corporate Liquidity and Profitability: An Empirical Study --Pg 131 PART-III: ANALYSIS OF EVA AND MVA 8. Determinants of Market Value Added-Some Empirical Evidence from Indian Automobile Industry --Pg 153 9. EVA and MVA of Automobile Industry- An Empirical Study of Relationship --Pg 171 10. Performance of Indian Automobile Industry-Economic Value Added (EVA) Approach --Pg 197 11. Linkage Between Market Value Added (MVA) And other Financial Variables: An Analysis in Indian Automobile Industry --Pg.219 12. Economic Value Add(EVA) and Shareholders Wealth Creation: a Factor Analytic Approach --Pg 243 PART-IV: ANALYSIS OF PRODUCTION 13. Comparative Study of Linear Trend Regression,Holt and Winter Models with Application to Production of Indian Automobiles --Pg.271 PART-V: ANALYSIS OF WORKING CAPITAL MANAGEMENT 14. Working Capital Efficiency and Corporate Profitability: An Empirical Evidence from Indian Automobile Industry --Pg. 289 15. Cash Conversion Cycle and Corporate Profitability-An Empirical Enquiry in Indian Automobile Firms --Pg. 315 16.Working Capital and Profitability-An Empirical Analysis --Pg. 347 17. Financial Structure of Manufacturing Corporations and the Demand for Working Capital: Some Empirical Findings --Pg. 353 18.Operational Adequacy of Working Capital in Sugar Industry of Tamil Nadu-A Bivariate Discriminant Analysis Approach --Pg. 377 PART-VI: ANALYSIS OF CAPITAL STRUCTURE 19. An Empirical Investigation of the Trade off And Pecking Order Hypotheses Indian Automobile Firms --Pg. 393 20.Industry Influence on Financial Structure: Empirical Evidence from Indian Automobile Firms --Pg. 423 21. Effect of Financial Performance on Share Prices in the Indian Corporate Sector: An Empirical Study --Pg.441 PART-VII: ASSESSMENT OF FINANCIAL HEALTH 22. Use of Altman Bankruptcy Model to analysis the performance of Indian Automobile Companies --Pg. 461 PART-VIII: PRODUCTIVITY ANALYSIS 23. Data Envelopment Analysis and Malmquist Factor Productivity Indexs: An Application to Indian Automobile Firms --Pg. 481 24. Productivity, Technical Progress and Scale Efficiency in Indian Automobile Industry: New Evidence using Malmquist Productivity Index --Pg. 503 25.Comparing Efficiency and Productivity of MNC in Indian Automobile Firms-A Malmquist-Meta Frontier Approach --Pg. 537 26. Does the Firm size Matter? An Empirical Enquiry into the Performance of Indian Automobile Firms --Pg.553 PART-IX: ANALYSIS OF FINANCIAL COMPETITIVENESS 27. Composite Indicators of Financial Competitiveness: A Critical Assessment --Pg.581