Measuring and Classifying Financial Competitiveness of IT Companies in India: An Empirical Investigation
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Abstract
With rising competition and continuous technological advancement, Financial Competitiveness (FC) has become a perquisite for ensuring firm survival and progress. This study evaluates FC of Indian Information Technology companies from 2020 to 2025. Factor analysis was employed to appraise comprehensive FC scores. Solvency and profitability appeared as most influential drivers of FC, implying that firms with profit generating ability and robust financial management are better positioned to preserve their competitive position. Findings contribute by providing novel perspectives that equip policymakers and managers in this sector to employ practical insights thereby ensuring financial stability and firms’ strategic competitive acumen.
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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
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