Financial Management Practices and Performance Efficiency of Cement Companies in Andhra Pradesh: An Empirical Study
DOI:
https://doi.org/10.63671/ijsssr.v3i3.456Keywords:
Financial Management, Cement Industry, Working Capitals, Profitability, Liquidity, Performance EfficiencyAbstract
The study of research is named Financial Management Practices and Performance Efficiency of Cement Companies in Andhra Pradesh: An Empirical Study. It seeks to establish the influence of financial management practices on the operational and financial performance of the cement companies in the region. The paper will examine some of the most important financial variables, such as the management of working capital, liquidity management, the capital structure, the profitability, and the investment choices. Primary and secondary sources were used to collect data on the selected cement companies that exist in Andhra Pradesh. To determine the relationship amongst the variables, we conducted statistical tests such as ANOVA and Z-test and correlation and multiple regression analysis, and Structural Equation Modeling (SEM) using AMOS. The findings indicate that the effective use of financial management will result in high degree of performance efficiency, which will result in the optimization of use of resources, the profitability of the business, and its survival. The paper has also discussed the relevance of applying current financial strategies and tools of analysis to assist the cement industry in making superior decisions. The research can be helpful to the policymakers, financial managers, and other stakeholders interested in enhancing the financial performance and competitiveness of the evolving industrial environment in Andhra Pradesh.
Abstract:
Since coming to power in 2014, Prime Minister Narendra Modi has redefined India's foreign policy by embedding a strong normative vision into its global engagements. Departing from a strictly pragmatic or non-aligned approach, Modi’s foreign policy incorporates civilizational identity, strategic autonomy, democratic values, and South-South solidarity as core principles. This paper analyzes the normative elements of India's foreign policy under Modi, assessing how values, ideologies, and cultural narratives are used to shape international behavior, project soft power, and pursue global influence. It also examines tensions between these normative goals and India's strategic or economic interests.
Keywords - Foreign policy, Modi's government, Normative ..
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