Market Concentration, Diversification and Firm’s Performance in the Case of Indian Chemical Industry

Shaurav, Kumar and Rath, Badri Narayan (2022) Market Concentration, Diversification and Firm’s Performance in the Case of Indian Chemical Industry. Science, Technology and Society. ISSN 0971-7218

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Abstract

This study investigates the effects of market concentration and diversification on firms' performance in the case of the Indian chemical industry. The findings indicate a positive relationship between market concentration and performance measured in terms productivity and profitability. However, firm diversification shows a negative impact on a firm's productivity and but positive impact on its profitability. The study also reveals that market concentration outperformed in comparison to the diversification strategy for the Indian chemical industry.

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IITH Creators:
IITH CreatorsORCiD
Rath, Badri Narayanhttp://orcid.org/0000-0001-7211-0952
Item Type: Article
Uncontrolled Keywords: DIVERSIFICATION,GROWTH,EXPORT
Subjects: Arts > Liberal arts
Divisions: Department of Liberal Arts
Depositing User: . LibTrainee 2021
Date Deposited: 22 Nov 2022 09:41
Last Modified: 22 Nov 2022 09:41
URI: http://raiithold.iith.ac.in/id/eprint/11381
Publisher URL: http://doi.org/10.1177/09717218221125926
OA policy: https://v2.sherpa.ac.uk/id/publication/9463
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