Exit Policy: Implications and Issues for Discussion

Mehta Mridula and Srivastava Uma Kant

IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department

Abstract: The country has recently liberalised the equity participation to 51% by foreign companies and even 100% by NRIs. In addition, the package contains many other measures to liberalise the investment climate. It is expected that more foreign investment will flow into the country and that there will be an allround spurt in the investment in the industrial development. The investors, however, went an option for speedily closing down the unit or restructuring it by retrenching surplus labour, if necessary, in case of failure. This paper is divided into four parts. Part I presents the magnitude of sickness, part II analysis with the policies to draft with industrial sickness, part III the new approach, and part IV the issues for discussion on exit policy.

Date: 1992-02-01
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iim:iimawp:wp01087

Access Statistics for this paper

More papers in IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department Contact information at EDIRC.
Bibliographic data for series maintained by ().