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Journal of Commerce and Management Thought
Year : 2013, Volume : 4, Issue : 1
First page : ( 70) Last page : ( 77)
Print ISSN : 0975-623X. Online ISSN : 0976-478X.

Financial and Wealth Creation Strategies of Information Technology (IT) Companies in India in Post Liberalization Era

Dr. Kaptan Sanjay1,*, Rongpi Harbamon2,*

1Professor and Head, Department of Commerce & Research Centre, University of Pune.

2Teaching Associate, Department of Commerce & Research Centre, University of Pune

*Email: sanjaykaptan@gmail.com

**Email: rongpiassam@gmail.com

Online published on 11 January, 2013.

Abstract

Unless and until a company generates wealth it cannot survive, grow and develop. The whole process of growth oriented approach that a company adopts depends on how a company develops its philosophy of advancement. A company should make profit, create wealth and expand its market capitalization. In a competitive world wealth creation becomes an essential aspect of a company's business. Unless and until a company justifies their existence on the parameters of wealth creation a company will not be responded favorably by the stakeholders. Hence the true test of a company's performance is not merely profit making but contribution to wealth of the stakeholders. This study deals with various aspects of wealth creation and its impact on corporate performance.

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Keywords

Competitive Strength, Wealth creation, EPS, ROCE.

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