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The industry and trade policy regimes in India have witnessed drastic changes since 1991. The dismantling of the industrial licensing system and thereby allowing free entry to and exit from the industry of firms in 1991 followed by the WTO induced trade liberalization leading to substantial...
Persistent link: https://www.econbiz.de/10013143073
The objective of this article is to disentangle the combined effect of product market competition and corporate governance variables on firm performance. While the linkage between internal governance mechanism and firm performance is well established in several studies, the interaction between...
Persistent link: https://www.econbiz.de/10010772805
This paper uses firm level data for the period 1989-2001 to analyse the working of competition in India’s manufacturing sector. It examines the impact of greater competition on profit mark-up over the last decade. The econometric analysis of the factors determining markup indicates that,...
Persistent link: https://www.econbiz.de/10005623563
Persistent link: https://www.econbiz.de/10009156609
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This paper uses firm level data for the period 1989-2001 to analyse the working of competition in India's manufacturing sector. It examines the impact of greater competition on profit mark-up over the last decade. The econometric analysis of the factors determining markup indicates that,...
Persistent link: https://www.econbiz.de/10014062022