valuation (Tobin’s Q and Market capitalization), profitability (operating profit margin and net profit margin), and return … profitability estimated by operating profit margin. Activism primarily impacts the other four parameters negatively, but it is …, the activism cases are increasing yearly in an emerging economy like India. We have created a comprehensive shareholder …

We use a state-level panel data set for the period 1969-2005 to analyze the relative importance of profitability (rate … of profit) and industrial disputes (man-days lost to all industrial disputes per worker) in explaining cross …-state variations of manufacturing sector performance in India. Using three different measures of manufacturing performance - net value …