Parikalpana: KIIT Journal of Management

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Impact of Organizational Factors on Financial Performance


Affiliations
1 Department of Commerce, B.B.Autonomous Mahavidyalaya, Jajpur, Odisha, India
2 P.G. Dept. of Commerce, Utkal University, Bhubaneswar, Odisha, India
 

The corporate sectors are facing many challenges and cut throat competition in the era of globalization. So, in order to sustain in the long run financial performance is the appropriate yard stick through which sustainability can be measured. Financial performance is a comprehensive term and cannot be convincingly encapsulated in a few lines without compromising with its vastness. But it is an important phenomenon that conveys the financial health of a company. Hence, financial performance is the barometer of the operation of business organization. Our study is an attempt to study the important organizational factors to examine the extent of impact of independent variables on dependent variables. For the purpose of study a sample of 192 companies are selected which are studied for the period of ten years by applying multiple regression model. The outcome of the study is that organizational factors are significantly contributing towards financial performance of corporate.

Keywords

Cut Throat Competition, Globalization, Financial Performance.
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  • Impact of Organizational Factors on Financial Performance

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Authors

Chandrika Prasad Das
Department of Commerce, B.B.Autonomous Mahavidyalaya, Jajpur, Odisha, India
Rabindra Kumar Swain
P.G. Dept. of Commerce, Utkal University, Bhubaneswar, Odisha, India

Abstract


The corporate sectors are facing many challenges and cut throat competition in the era of globalization. So, in order to sustain in the long run financial performance is the appropriate yard stick through which sustainability can be measured. Financial performance is a comprehensive term and cannot be convincingly encapsulated in a few lines without compromising with its vastness. But it is an important phenomenon that conveys the financial health of a company. Hence, financial performance is the barometer of the operation of business organization. Our study is an attempt to study the important organizational factors to examine the extent of impact of independent variables on dependent variables. For the purpose of study a sample of 192 companies are selected which are studied for the period of ten years by applying multiple regression model. The outcome of the study is that organizational factors are significantly contributing towards financial performance of corporate.

Keywords


Cut Throat Competition, Globalization, Financial Performance.

References





DOI: https://doi.org/10.23862/kiit-parikalpana%2F2017%2Fv13%2Fi2%2F164528