Determinants of Retained Earnings in Highly Profitable Companies in India
Material type:
- Kau
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The Multinational Companies (MNCs), which are present in almost all the countries today, are less concerned about the industrial growth of the countries in which they operate. The domestic companies are relatively more concerned about the industrial growth of the country. Thus, the two have different attitudes towards appropriation of profit. With this as the hypothesis, the study intends to test empirically the factors that act as determinants of retained earnings with a comparative study of domestic and multinational companies. The study concludes that there is a significant difference between both types of companies with regard to the manner in which retained earnings are being managed and also the factors that determine the retained earnings.
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