Theoretical Underpinnings of the Determinants of Firm Performance: A Literature Review

Authors

  •   Kanaiyalal Shantilal Parmar Research Scholar, IBS Hyderabad, The ICFAI Foundation for Higher Education, 156/157, Donthanapally, Shankarapalli Road, Hyderabad-501 203, Telangana
  •   V. Nagi Reddy Professor, IBS Hyderabad, The ICFAI Foundation for Higher Education, 156/157, Donthanapally, Shankarapalli Road, Hyderabad-501 203, Telangana
  •   Yogesh Kumar Chauhan Assistant Professor, IBS Hyderabad, The ICFAI Foundation for Higher Education, 156/157, Donthanapally, Shankarapalli Road, Hyderabad-501 203, Telangana

DOI:

https://doi.org/10.17010/ijf/2015/v9i9/77194

Keywords:

Firm Performance

, Business Groups, Emerging Markets

G30

, G32, G34, M10, M21

Paper Submission Date

, January 27, 2015, Paper sent back for Revision, June 8, Paper Acceptance Date, July 27, 2015.

Abstract

Literature survey on the determinants of firm performance indicates that earlier studies offered no consensus over the subject to confirm the factors and direction of these factors which determine firm performance. We maintained that the results for firm performance at an aggregate level are not valid for the firms classified based on industries. We also argued that firms cannot increase their performance indefinitely with increase in their sizes. After a certain point, firm performance decreases with the increase in firm size. Furthermore, in view of the recent economic reforms, it is essential to evaluate the role of business groups in India.

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Published

2015-09-01

How to Cite

Parmar, K. S., Nagi Reddy, V., & Chauhan, Y. K. (2015). Theoretical Underpinnings of the Determinants of Firm Performance: A Literature Review. Indian Journal of Finance, 9(9), 36–43. https://doi.org/10.17010/ijf/2015/v9i9/77194

Issue

Volume 9, Issue 9, September 2015

Section

Articles
Crossref
Scopus
Google Scholar
Europe PMC

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