Performance of Public Sector Enterprises in the stock market
Kumar, Pawan / Mishra, R. K. / Sharma, Naresh Kumar
Public sector enterprises were seen as white elephants and cash cows during the 1960s 70s and 80s. After the liberalization from the early 90s the continuous losses, operational and administrative inefficiencies have created a number of problems for them. However at the same time, so many companies in the public sector are still doing well and contributing significantly to the exchequer, even though the dominance is in the hands of the private...