Gva-Based size class analysis of the private corporate sector

Size class analysis of corporate sector could reveal a story hidden under the averages. A number of metrics are in use to classify the corporates in terms of size. The choice needs to be carefully made keeping in mind the specific aspect being investigated. With the adoption of ‘enterprise’ approach in place of ‘establishment’ for the estimation of the manufacturing and mining sectors’ Gross Value Added (GVA), compilers of national accounts are giving lot of attention on the financial results furnished by the companies to Ministry of Corporate Affairs (MCA). For quarterly gross domestic product estimates, the listed companies’ results are taken as a major indicator. Therefore, it has become all the more important to understand the performance reflected in the periodic financial results of these corporates. A proper size class analysis can help a lot as explored in this paper.