Financial Performance Review and Objective
Mathrubhumi is one of the front-runners among the Malayalam newspapers. The first copy of Mathrubhumi was published on 18th of March 1923K. P. Kesava Menon, the prominent freedom fighter, as Editor and K. Madhavan Nair as Managing Director of it.In the beginning, the paper was published a week and had just one edition from Kozhikode (Calicut).Now with fourteen editions, including the ones at New Delhi, Bangalore, Chennai and Mumbai it has an impressive circulation of over one million copies. In 1932, with the launch of 'Mathrubhumi Illustrated Weekly', the company entered a new era that nurtured the careers of most titans …show more content…
The results lent some support to the contingency model of global sourcing strategy in that product innovation, process innovation and asset specificity were significant moderator variables for financial, but not strategic, performance. However, the results provided no support for bargaining power of suppliers and transaction frequency as moderator variables. In other words, in achieving high financial performance for a product, whether a particular sourcing strategy should be used for a particular product depended on the levels of product innovation, process innovation and asset specificity."
4. Implications for financial performance and corporate social responsibility Abstract
"We investigate whether CEO implicit motives predict corporate social performance and financial performance. Using longitudinal data on 258 CEOs from 118 firms, and controlling for country and industry effects, we found that motives significant predicted both financial performance (Tobin's Q and the CAPM) and social responsibility. In general, need for power and responsibility disposition were positively predictive whereas need for achievement and affiliation were negatively predictive of outcomes. Contrary to previous theorizing, corporate social responsibility had no link to financial performance. Our findings suggest that executive