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ABSTRACT The current study examines the extent and pattern of growth of the Indian corporate sector between 2005 and 2017. This period comprises a prerecessionary, recessionary, postrecessionary, and recent subperiod.… Click to show full abstract
ABSTRACT The current study examines the extent and pattern of growth of the Indian corporate sector between 2005 and 2017. This period comprises a prerecessionary, recessionary, postrecessionary, and recent subperiod. A sample of 355 companies is classified into 16 industries as per National Industrial Classification code. We computed compound annual growth rate using net sales as the growth measure. Statistically, the prerecessionary period reported maximum growth relative to the other subperiods. The categories Food and Beverages, Textile and Tourism, and Other Support Services showed robust growth; whereas, Metals, Machinery and Equipment and Mining and Refining showed less growth.
Journal Title: Journal of Asia-Pacific Business
Year Published: 2020
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