Adi Godrej, Chairman of Godrej Group, sums it up thus “The Godrej group was attracted to EVA because it is a well-designed compensation system that rewards employees while taking care of the interests of shareholders.” Not surprisingly, both Godrej Industries and GCPL are amongst the top 20 companies in terms of dividend yield. GCPL declared an aggregate dividend of Rs.14 per share (350% on the shares with a face value of Rs.4 each) during the financial year 2005-06. In the year 2006, ICSA (India) managed to have a stupendous RoA of 1.5 as against 0.58 in the last year. The company is into building infrastructure in the power sector. Other companies in the top 10 list include HLL, Hero Honda, Tulip IT and Sesa Goa.
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Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
For complete IIPM article click here
Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
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