Financial centers and firm performance : evidence from mom bay, India

Dissertant

al-Ouadrhiri, Khadijah

University

Al Akhawayn University

Faculty

The School of Business Administration

University Country

Morocco

Degree

Master

Degree Date

2011

English Abstract

This paper highlights the importance of a firm’s location as a determinant variable that affects firm’s performance within the context of emerging markets.

Using a sample of 410 Indian firms, we build a model that regresses firm performance against mainly firm location and other control variables during both crisis and normal period.

We examine two value-based measures of firm performance: market-adjusted return (RET), and market to book value (MBV).

Both measures lead to the same findings: firms headquartered in financial centers significantly outperform those headquartered elsewhere, during crisis period.

However, there is no difference in terms of performance between the two categories of firms during normal period

Main Subjects

Business Administration

Topics

• Financial institutions
• India
• Corporations

No. of Pages

32

Table of Contents

• APA
• MLA
• AMA

Language

English

Data Type

Arab Theses

Record ID

BIM-627406