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
Date Written: October 30, 2014
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