A Taxonomy for Evaluation and Comparison of Financial Performance of Indian IT Companies

Authors

  •   Akshita Jain Indira Gandhi Institute of Development Research, Mumbai
  •   Subramanyam Ganti Gitam School of International Business Gitam University, Visakhapatnam

DOI:

https://doi.org/10.21095/ajmr/2015/v8/i2/88208

Keywords:

Taxonomy Method, Financial Indicators, Investors, Investment Strategies.

Abstract

The term paper is mainly presented to demonstrate the use of Taxonomic Method designed by Polish Mathematicians. The paper investigates performance of 20 IT Companies of India in light of 10 financial indicators. The methodology identifies the companies that show similar performance but different from other companies. Further, the paper also explores the cluster analysis of the companies and analyses the pattern to cluster. The taxonomy here also assists the recognition of the company performance and provides relevant information both to investors and the existing shareholders to continue to invest in the company and for making new investment strategies.

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Published

2015-09-01

How to Cite

Jain, A., & Ganti, S. (2015). A Taxonomy for Evaluation and Comparison of Financial Performance of Indian IT Companies. Adarsh Journal of Management Research, 8(2), 1–13. https://doi.org/10.21095/ajmr/2015/v8/i2/88208

References

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D'Amato, Elio. The Top 15 Financial Ratios. Australian Shareholder's Association, n.d.

Drake, Pamela Peterson. "Financial Ratio Analysis." n.d.

"Investopedia."<http://www.investopedia.com/university/ratios/landing.asp>.

Kumar, Subash Sharma and Ajith. "Cluster Analysis and Factor Analysis." n.d.

Appendix I. "Taxonomic Method".

"ClusterAnalysis." <http://www.stat.berkeley.edu/classes/s133/Cluster2a.html>.