IMPACT OF FINANCIAL PERFORMANCE AND FINANCIAL DECISIONS ON MARKET VALUE: A CASE STUDY OF INFOSYS

Tiwari, Rajesh

IMPACT OF FINANCIAL PERFORMANCE AND FINANCIAL DECISIONS ON MARKET VALUE: A CASE STUDY OF INFOSYS

Rana, A., Tiwari, R. (2014). Impact of Financial Performance and Financial Decisions on Market Value: A Case Study of Infosys, GE-International Journal of Management Research, 2(10), 56-69

14 Pages Posted: 27 Apr 2021

See all articles by Rajesh Tiwari

Rajesh Tiwari

United College of Education

Date Written: October 30, 2014

Abstract

The paper analyzes the impact of financial performance and financial decisions on the market value of Infosys. The secondary data is used for the study. Apart from financial performance, capital structure and dividend decisions are evaluated. Data of five years is considered. Infosys has grown from a capital base of US$250 to a company with a market capitalization of US$ 30.9 billion. The findings support the irrelevance of capital structure and dividend policy on the market value of the firm. The market price show positive correlation with the revenues.

Keywords: Infosys, Market Capitalization, Capital Structure, Dividend Policy

JEL Classification: O16, G32, M10, M19

Suggested Citation: Suggested Citation

Tiwari, Rajesh, IMPACT OF FINANCIAL PERFORMANCE AND FINANCIAL DECISIONS ON MARKET VALUE: A CASE STUDY OF INFOSYS (October 30, 2014). Rana, A., Tiwari, R. (2014). Impact of Financial Performance and Financial Decisions on Market Value: A Case Study of Infosys, GE-International Journal of Management Research, 2(10), 56-69, Available at SSRN: https://ssrn.com/abstract=3834213