International Journal For Multidisciplinary Research

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Company Risk of Selected Pharmaceutical Companies in India During the Post-liberalisation Era: An Empirical Assessment

Author(s) Rupa Yadav
Country India
Abstract An overall improvement in health standards contributes to the economic growth of a nation. A healthy population plays a vital role in fostering a strong economy, making investments in healthcare a top priority for most countries worldwide. India plays a significant role in the global healthcare sector, particularly in the pharmaceutical industry. The Indian Pharmaceutical Industry has experienced rapid growth, with a yearly growth rate of 9.4 percent. Since Globalisation, the Indian pharmaceutical industry has undergone a remarkable transformation on the economic front, leading to the noticeable changes in the company risk patterns. As a result, Indian pharmaceutical companies have had to readjust their strategies to manage their company risks. While some companies have successfully adapted to the new environment by implementing appropriate measures, others have struggled to do so. In the present paper an attempt has been made to analyse the company risk of 15 selected Indian Pharmaceutical Companies during the period 2004-05 to 2021-22.
Keywords Key Words: Pharmaceutical Sector, Company risk, Globalisation.
Field Business Administration
Published In Volume 5, Issue 4, July-August 2023
Published On 2023-07-04
Cite This Company Risk of Selected Pharmaceutical Companies in India During the Post-liberalisation Era: An Empirical Assessment - Rupa Yadav - IJFMR Volume 5, Issue 4, July-August 2023. DOI 10.36948/ijfmr.2023.v05i04.4199
DOI https://doi.org/10.36948/ijfmr.2023.v05i04.4199
Short DOI https://doi.org/gsfxpf

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