Performance of Top Indian IT Companies: A Panel Data Analysis
Year: 2024
Type: article
Abstract: The study investigates the financial performance of 10 selected Indian IT companies, using liquidity and Retained Earnings impact on the Return on Assets. The effect was captured through panel data analysis consisting time series of 2015 – 2024. The LSDV method was considered as the best model to analyze the sector, which had portrayed significant impact of individual effects of companies, of which 5 companies exhibited current Ratio’s positive impact on profitability of the firm. Multiple dummy variables shed light on the benefits of profit retention which would have been utilized in the following financial cycle for the operations of a company, with a positive relationship substantiating that internal funds are an optimum choice of capital.
Author: Shabari Ganesh S Bangaru
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W6893016905
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