ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

P K JainSubscribe to P K Jain

Financial Management of Public Sector Enterprises in India

Financial management of resources in terms of profitability constitutes, by far, the most important aspect of operational efficiency of an enterprise. A public sector enterprise can discharge its social obligations better if it operates in a profitable manner. This paper presents an analysis of the profitability of central PSEs. The analysis seeks to answer the questions as to whether the profits earned by the PSEs are adequate and whether the rates of return earned by them are satisfactory. For the purpose of the study, the data have been taken from primary as well as secondary sources. While the secondary data relate to 137 PSEs for a period

Financial Management Practices of PSEs

It is a widely accepted idea that theoretically sound management practices should lead to better overall performance of business organisations. An analysis of financial management practices of central public sector enterprises shows that these are sound in a great measure. What are the policy implications?
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