A B C D E F G H I J K L M N O P Q R S T U V W X Y Z All
Dash, Mihir
- Comparison of Financial Performance of Indian Banks Using Multi-Criteria Topsis
Authors
1 Management Science, Alliance University, School of Business, Karnataka, IN
2 Alliance University, School of Business, Karnataka, IN
Source
Journal of Commerce and Accounting Research, Vol 6, No 4 (2017), Pagination: 16-24Abstract
This study analyses the financial performance of Indian banks from three different points of view, viz. that of regulators, investors, and borrowers, using multi-criteria TOPSIS analysis. In particular, the financial performance of public sector banks is compared with that of private sector banks from these three points of view.The results of study show that the three different points of view of banking performance are very consistent with each other. Further, the results of the study clearly indicate that, in the Indian context, private sector banks are performing significantly better than public sector banks, and all of the top-performing banks identified from the TOPSIS analysis are private sector banks. The better performance of private sector banks may be attributed to professional, efficient management, and better customer focus and service; while the worse performance of public sector banks may be partially attributed to lack of professional, efficient management and partially to political interference and constraints.
Keywords
Financial Performance of Indian Banks, Regulators, Investors, Borrowers, TOPSIS, Public Sector Banks, Private Sector Banks.References
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- Working-Capital Management and Profitability of the Construction Sector in Bangalore
Authors
1 Management Science, School of Business, Alliance University, Bangalore, Karnataka, IN
Source
Journal of Commerce and Accounting Research, Vol 7, No 4 (2018), Pagination: 40-46Abstract
Working-capital management is an important decision in financial management, playing a key role in a firm’s financial performance. For construction companies, working capital is all the more important due to the long project cycles they face.
The present study examines the impact of working capital on profitability in the construction sector in Bangalore, India. The data for the study were collected from a sample of five major builders based in Bangalore, and pertains to a study period during 2006-11. The study contributes to the literature by using fixed-effects-panel-regression analysis rather than pooled regression, as the fixed-effects panel regression allows control for company-specific differences in profitability as well as for year-to-year differences in profitability for the industry as a whole.
The results of the study suggest that construction companies should focus on two working-capital variables to maximize their profitability, viz. average collection period and accounts payable, both of which were found to have significant positive impact on profitability.
Keywords
Working-Capital Management, Construction Industry, Project Cycle, Average Collection Period, Accounts Payable.References
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Authors
1 Management Science, School of Business, Alliance University, Karnataka, IN