IDEAS home Printed from https://ideas.repec.org/a/sae/vision/v26y2022i3p351-360.html
   My bibliography  Save this article

The Impact of Leverages and Operating Efficiency on Market Value Added: Empirical Evidence from India

Author

Listed:
  • Rahul Kumar
  • Prince Bhatia
  • Subir Chattopadhyay

Abstract

This article examines the relationship between the market value added and degree financial leverage, degree of operating leverage, and asset turnover ratio of the listed firms in India. The period of study was from 2013 to 2019, and data were collected in annual frequency. Our study concludes that the degree of financial leverage and asset turnover ratio are significantly and negatively associated with the market value added of listed firms in India. We also reported an insignificant relationship between market value added and degree of operating leverage. Our results indicate that promoters holding and firm size are important factors driving the performance of the firms listed in India.

Suggested Citation

  • Rahul Kumar & Prince Bhatia & Subir Chattopadhyay, 2022. "The Impact of Leverages and Operating Efficiency on Market Value Added: Empirical Evidence from India," Vision, , vol. 26(3), pages 351-360, September.
    • Handle: RePEc:sae:vision:v:26:y:2022:i:3:p:351-360
    DOI: 10.1177/0972262921992152
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/0972262921992152
    Download Restriction: no
    File URL: https://libkey.io/10.1177/0972262921992152?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:vision:v:26:y:2022:i:3:p:351-360. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.