Cohorts definition:
- Post-liberalisation sample:
- firms incorporated in any of 1992/1993/1994
- with first year of reporting within three years
of incorporation
- Credit boomers sample:
- firms incorporated in any of 2000/2001/2002
- with first year of reporting within three years
of incorporation
- Post 2008 sample:
- firms incorporated in any of 2008/2009/2010
- with first year of reporting within three years
of incorporation
Variable definition:
- Debt: Debt on a firms balancesheet adds to the
total amount of money it is expected to pay to
its creditors. The components used to arrive
at firm's total debt are total borrowings (all
types), paid up preference capital, share
application money no transferred to share
capital account, and shares that have been
allotted but not yet issued (in the share
suspense account). This indicates to the total
sum of money that has to be repaid by the firm
over time.
- Total assets: Total assets of a firm refer to
the amount of assets (both current and
non-current) held by a firm.
Database used: CMIE ProwessDX
