Using the managerial framework developed by R. Marris in 1963 to examine growth, profits, investment rates, inventory investment rates, external financing, and dividend rates, the authors scrutinize inter-firm variations in the performance to the large public limited companies (that is,...

The paper uses data on a cross section of industries in India for the period 1975-78 to explain inter-industry differences in profitability. Apart from being the first such study based on Indian data, it differs from previous studies in the choice of the skill variable and the analysis of the...