ACADEMICIA: An International Multidisciplinary Research Journal
  • Year: 2018
  • Volume: 8
  • Issue: 7

Finance of FDI receiving companies in Tamil Nadu

*Assistant Professor, Department of Mathematical Economics, School of Economics, Madurai Kamaraj University, Madurai, Tamil Nadu, India. Email id: jeyam_mku@yahoo.com

**Research Scholars, School of Economics, Madurai Kamaraj University, Madurai, Tamil Nadu, India. Email id: selviabi9794@gmail.com

***Research Scholars, School of Economics, Madurai Kamaraj University, Madurai, Tamil Nadu, India. Email id: nancyjeni14@gmail.com

Online published on 14 August, 2018.

Abstract

The financial performance of 85 FDI Receiving companies in Tamil Nadu during the period from 2006 to 2016 presented in this study is based on the companies’ wise primary data and the audited annual accounts (Ministry of Corporate Affairs) closed during from 2006 to 2016. The select 85 companies consist of 171 FDI Receiving companies. The select companies are classified into major countries and major industries. A company is classified into a country depending upon the country of origin of the largest FDI shareholding in the company. The units of company are determined on the basis of the industry from which the company has reported more than 70 per cent earning of its total income. Further, the performance of these select 85 FDI Receiving companies analysed in this study.

Keywords

Foreign Direct Investment, Manufacturing and Service Sectors, Finance