Perspectives of Financial Management of Software Companies in India

Abstract

quotABSTRACT newlineThe aim of this study is to examine the multivariate associate between various newlinefinancial ratios and identify the critical financial ratios. The segregation of financial ratios newlineinto input and output ratios are useful to determine the business insolvency/failure and newlinefinancial efficiency of the business organizations. In case of performance analysis of newlinebusiness organizations, financial ratio analysis is much popular among regulators due to its newlineeffectiveness in different countries including India. However, this method could not import newlinethe weights to the financial ratios to evaluate the performance of business organizations. newlineFor performance evaluation of the organizations, one should assign subjective/objective newlineweights to the criteria in multi-Criteria Decision-making Environment. There will be newlineinconsistency problem in subjective weighting. These problems can be overcome by using newlinean objective weighting process in the study.quot newline newline