Department of M.B.A, Visvesvaraya Technological University, BDT College of Engineering, Davangere, Karnataka, India.
*Corresponding Author E-mail: tmmanju87@gmail.com
Online Published on 27 February, 2023.
The paper aims at ascertaining the determinants of market value of pharmaceutical industry firm in India. We use the financial data of one hundred and forty-one Indian Pharmaceutical Industry companies. The results of the study show that the value of the coefficients is very low and therefore, the predictability of determinants of the variable for the value of firm is very weak for pharmaceutical industry in India. Implication of the study may be used by researchers to compare with other foreign pharmaceutical companies to understand the determinants of value of firm of the pharmaceutical industry.
Value of firm, Proprietary ratio, Leverage ratio, Current liabilities to total assets, Pharmaceutical industry
