000			02518nam a22001697a 4500
003			OSt
005			20151216194419.0
008			151216b xxu||||| |||| 00| 0 eng d
100			_aROY, CHINMOY _920168
245			_aFINANCIAL MANAGEMENT CHALLENGES OF PUBLIC SECTOR ENTERPRISES IN INDIA: THE EFFICIENT FACETS OF CASH FLOW COMPONENTS ANALYSIS _cROY, CHINMOY
260			_aJAIPUR _bRESEARCH DEVELOPMENT ASSOCIATION _cSEPTEMBER 2015
300			_a64-76
500			_aAS CHANGE SWEEPS ACROSS THE BUSINESS SECTOR, A HUGE RANGE OF ACCOUNTING AND FINANCIAL MANAGEMENT CHALLENGES ARE CREATED IN PUBLIC ENTERPRISES AND THAT COULD BE ATTRIBUTED TO ERRONEOUS CASH FLOW COMBINATIONS WHICH IN REALITY WEAKENING THE FUNCTIONING OF THE PUBLIC SECTOR ENTERPRISES IN INDIA. SINCE EACH ENTERPRISE HAS ITS OWN INHERENT TRADEOFFS AMONG THE MULTIPLE CASH FLOW ELEMENTS THAT SIGNIFICANTLY INFLUENCE THE PERFORMANCE IT IS EXTREMELY IMPORTANT FOR MANAGERIAL DECISION TO KNOW THE SIGNIFICANT CASH FLOW ACTIVITIES FO BEST PRACTICE. THE RALATIVE IMPORTANCE OF DIFFERENT DECISION TO KNOW THE SIGNIFICANT CASH FLOW ACTIVITIES FOR BEST PRACTICE. THE RELATIVE IMPORTANCE OF DIFFERENT DECISION VARIABLES WHEN DETERMINED BY THE MAGNITUDES OF THE INPUTS AND OUTPUT CAN HELP TO IDENTIFY THE DECISIVE ONE. USING SECONDARY DATA OF THE LAST FIVE YEARS OF SELECTED SEVENTEEN PUBLIC ENTERPRISES, THE STUDY DRILL DOWN TO IDENTIFY THE THREE FINANCIAL IMPERATIVES NAMELY CASH FLOW FROM OPERATING ACTIVITIES, INVESTING ACTIVITIES, AND FIINANCING ACTIVITIES ON NET PROFIT AND NET VALUE ADDED AS A BUNDLE OF TANGIBLE ACTIVITIES THAT ARE REGULARLY OBSERVED IN MANAGING PUBLIC ENTERPRISES. THE BEST PRACTICE STATUS ON THE BASIS OF EFFICIENCY SCORE IS EVALUATED TO SEE WHETHER A CHANGE IN VALUE OF DECISIVE FACTOR SIGNIFICANTLY AFFECTS THE PERFORMANCE GRADE BETWEEN THE ENTERPRISES DURING THE PERIOD UNDER STUDY. THE MULTIYEAR RESULTS WITHIN AND BETWEEN ENTERPRISES PROVIDED TWO KEY INTERESTING INDICATIONS: THAT MAKING GOOD USE OF OPERATING CASH FLOWS ARE THE CRITICAL MEASURE TO CHANGE THE PERFORMANCE GRADE OF THE ENTERPRISE, AND THAT MORE THAN TWO-THIRD PUBLIC ENTERPRISES ARE EFFECTIVELY GEARED TO OPERATE IN ACHIEVING THE BEST PRACTICE STATUS WITH THE OPERATING AND FINANCING ACTIVITIES IN TERMS OF A SET OF CAS FLOW ELEMENTS.
650			_aCASH FLOW COMPONENTS, EFFICIENCY SCORE, MULTIPLE PERFORMANCE MEASURES, BEST PRACTICE ENTERPRISE, _920169
942			_2ddc _cJA-ARTICLE
773	0		_029506 _955702 _a _b _d _o5555125 _tJOURNAL OF ACCOUNTING AND FINANCE _w _x _z
999			_c40921 _d40921