ISSN

2321-5763 (Online)
0976-495X (Print)


Author(s): Praveen Gujjar J, T. Manjunatha

Email(s): gujjarpraveen@gmail.com , tmmanju87@gmail.com

DOI: 10.52711/2321-5763.2021.00026   

Address: Praveen Gujjar J1, Dr. T. Manjunatha2
1Associate Professor, CMS Business School, Jain (Deemed-to-be University), Bengaluru.
2Professor and Head, Dept. of MBA, Visvesvaraya Technological University, BDT College of Engineering, Davangere - 577 004, Karnataka, India.
*Corresponding Author

Published In:   Volume - 12,      Issue - 2,     Year - 2021


ABSTRACT:
Software and training services companies are considered to analyze the characteristics of Indian IT companies and to ascertain the patterns of the Return on Equity (ROE) for Indian IT companies using the DuPont model. We calculated return on equity using three factors DuPont model and five factors DuPont model. We found that there is a significant relationship between ROE, asset run over and profit margin. The results of the study can be compared with other foreign IT companies and also with startup IT companies to understand how Information Technology companies are operating and also to know how well it can generate revenue.


Cite this article:
Praveen Gujjar J, T. Manjunatha. Testing of Dupont model for software and Training services Companies in India. Asian Journal of Management. 2021; 12(2):169-0. doi: 10.52711/2321-5763.2021.00026

Cite(Electronic):
Praveen Gujjar J, T. Manjunatha. Testing of Dupont model for software and Training services Companies in India. Asian Journal of Management. 2021; 12(2):169-0. doi: 10.52711/2321-5763.2021.00026   Available on: https://ajmjournal.com/AbstractView.aspx?PID=2021-12-2-13


REFERENCES:
1.    Beaver, W. (1977), "Financial Statement Analysis", Handbook of Modern Accounting, eds Davidson, S. and Weil, R., 2nd ed. McGraw-Hill.
2.    Cinca, C. S., Molinero, C. M., &Larraz, J. L. G. (2005). Country and size effects in financial ratios: A European perspective. Global Finance Journal, 16, 26–47.
3.    Fairfield, P. and Yohn. T. (2001). Using asset turnover and profit margin to forecast changes in profitability. Review of Accounting Studies, pp.371–385.
4.    Foster, G. (1978), Financial Statement Analysis. Prentice-Hall, first edition.
5.    Hawawini, G. and Viallet, T. (1999), Finance for Executives, South-Western College Publishing, 1999.
6.    Hongquan Zhu, et al. (2011), DuPont analysis and value judgments -Empirical Study Based on A-share listed companies. Management Review, pp.152-161.
7.    Kabajeh, M. A. M., Al Nuaimat, S. M. A. &Dahmash, F. N. (2012). The Relationship between the ROA, ROE and ROI Ratios with Jordanian Insurance Public Companies Market Share Prices, International Journal of Humanities and Social Science, 2(11), 115-120.
8.    Manjunatha T and Praveen Gujjar J (2018), Performance Analysis of Indian Information Technology Companies Using DuPont Model, IUP Journal of Management Research, Vol 17, Issue 4, pp. 1-6.
9.    Manjunatha T and Praveen Gujjar J (2018), Extended DuPont Ratio Analysis of Indian Information Technology Companies, Pacific Business Review International, Vol. 11, Issue 5, pp. 5-14.
10.    Manjunatha T and Praveen Gujjar J (2018), A Study of Indian Software and Networking Companies Using Extended DuPont Model, JNNCE Journal of Engineering & Management (JJEM), Vol. 2, Issue 1, pp. 53-58.
11.    Nihar Kiran Nanavathi. (2013), Dupont Analysis to Measure Return on Equity of Satyam Computer Services Limited (Now Known As Mahindra Satyam Limited), Indian Journal of Research, 2013, pp. 38-40
12.    Nissim, D., and S. Penman. 2001. Ratio analysis and equity valuation: From research to practice. Review of Accounting Studies, pp.109–154.
13.    Osteryoung, Jerome and Constand, Richard (1992). Financial ratios in large public and small private firms, Journal of Small Business Management, Vol.1, Issue 1, pp. 35-47.
14.    Ross, S., Westerfield, R., Jaffe, J. and Jordan, B. (2008). Modern Financial Management, eighth edition. McGraw Hill, New York, pp. 53-58.
15.    Tiwari A and Parray F S (2012), “Analysis of Short-Term Financial Position – A Case Study of Ranbaxy Ltd.”, ArthPrabhand: A Journal of Economics and Management, Vol. 1, No. 6, pp. 36-50.
16.    Warker E W, (1971), ‘Essentials of Financial Management’, Prentice Hall, New Delhi. Barely, Richard A and Myers, Stewart C, ‘Principles of Corporate Finance’, Tata-McGraw Hill, New Delhi.

Recomonded Articles:

Author(s): R. Shridhar, Radhika Shrivastava

DOI: 10.5958/2321-5763.2018.00114.2         Access: Open Access Read More

Author(s): Meha Joshi, Sohail Bakshi, Shreya Bansal

DOI: 10.5958/2321-5763.2017.00134.2         Access: Open Access Read More

Author(s): Monika Sethi, Sourabh Guha, Anuraag Agarwal

DOI:         Access: Open Access Read More

Author(s): Palash Bairagi, Anindita Chakraborty

DOI: 10.5958/2321-5763.2018.00157.9         Access: Open Access Read More

Author(s): Gagneet K. Bhatia, Meenakshi Tyagi

DOI: 10.5958/2321-5763.2018.00010.0         Access: Open Access Read More

Author(s): Rafeekamol C. A., M.K.Muhammed Aslam

DOI: 10.5958/2321-5763.2018.00053.7         Access: Open Access Read More

Author(s): R. Rupa

DOI: 10.5958/2321-5763.2017.00046.4         Access: Open Access Read More

Author(s): Sunaina Kanojia, Shivali Dhamija

DOI: 10.5958/2321-5763.2017.00150.0         Access: Open Access Read More

Author(s): Jobin Sabu, Akhil Satheesh, Smita Mehendale

DOI: 10.5958/2321-5763.2018.00120.8         Access: Open Access Read More

Asian Journal of Management (AJM) is an international, peer-reviewed journal, devoted to managerial sciences. The aim of AJM is to publish the relevant to applied management theory and practice...... Read more >>>

RNI: Not Available                     
DOI: 10.5958/2321-5763 



Recent Articles




Tags