Monday, September 19, 2011

Corporate profits

Books of Account
‘India Policy Forum 2010-11: Volume 7'
Suman Bery, Barry Bosworth, and Arvind Panagariya

Business dynamism vs entrenchment advantage

Corporate profits generally make for happy tidings for investors, but a worrying question put forth by a paper in ‘India Policy Forum 2010-11: Volume 7' from the National Council of Applied Economic Research and Brookings Institution is whether the profits are from business dynamism or advantages of entrenchment.


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