id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
ajfa-7243	Tiwari, Ranjit; Kumar, Brajesh	Drivers of Firm’s Value: Panel Data Evidence from Indian Manufacturing Industry	2015	22	.pdf	application/pdf	8894	442	55	The four probable strategic drivers of value are assumed to be pay-out ratio, investments into R&D, investments into advertisement (brand image), and participation of foreign promoters in the organisational structure of the firm (see, Walter (1963), Chaganti and Damanpour (1991), Salomo and Strecker (2009) among others).We therefore classify value drivers into two broad categories namely financial value drivers and strategic value drivers (see, figure 4). Abstract The purpose of this paper is to classify the value drivers into broad categories and then identify the major drivers of firm’s value for Indian manufacturing industry and also work out the sectorial sensitivity of value drivers.	cache/ajfa-7243.pdf	txt/ajfa-7243.txt