Impact of Global Recession on Indian Corporate Sector

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IMPACT OF GLOBAL RECESSION ON INDIAN CORPORATE SECTOR

Synopsis Submitted To

DRAVIDIAN UNIVERSITY

in partial fulfillment for the award of the degree
of
DOCTOR OF PHILOSOPHY IN MANAGEMENT

Submitted by

M.K.SENTHIL KUMAR
[Reg. No. 02109222001]

Under the Supervision of

Dr. L.J. SOUNDAR RAJAN,
Professor and Head, Dept. Of Management Studies,
Christ College of Engineering & Technology,
Moolakulam, Puducherry – 605 010

SCHOOL OF DISTANCE & OFF-CAMPUS EDUCATION
DRAVIDIAN UNIVERSITY
Srinivasavanam, KUPPAM – INDIA 517 425
2009

Synopsis
IMPACT OF GLOBAL RECESSION ON INDIAN CORPORATE SECTOR (A synopsis submitted to DRAVIDIAN UNIVERSITY in partial fulfillment for the award of the Degree of Doctor of Philosophy in Management)

This Synopsis consists of several chapters,
Chapter I is to talk about introduction, Global Recession, Definition, Historical Background, Significance of the topic, Relevance of the topic for the corporate world and Plan of research.

Chapter II is about literature review, Various Journals, Books, and Articles etc., are referred talking about recession. The yardstick to measure the impact includes output, Import, Exports, Attrition, Job Cuts, and Production Cost etc. Global Recession has impacted negatively various industries. The industries which have been affected very drastically have been taken as samples. In what areas the recession has affected the industries have been discussed.

Chapter III is to devote its attention on Research Methodology of how about and where about the data is to be collected for analysis of the topic and to discusses the nature of the area covered for data collection. Hypothesis formulation and limitations of the scope of the study.

Chapter IV is fully concentrated on Data Analysis part of the dissertation.

Chapter V is to throw light on the findings of the study on the topic for the dissertation leading to the award of the Doctorate Degree.

Chapter VI is to go deep into the recommendations to the higher ups based on the information and inference arrived at in the analysis of the study.
Chapter VII is to dwell upon the final part of the dissertation and it concludes how best the dissertation is of use for the prevalent researchers and it also contains some topics for future research for the benefit of academic exercise.

In Chapter I The topic selected here is “Impact of Global Recession on Indian Corporate Sector”. Recession is the big problem facing in the modern corporate sector.

Recession is a drastic slowing down of the economy, where Gross National or Domestic Product has fallen into two consecutive quarters. A recession would be indicated by a slowing down of a nation's production, rising unemployment and falling interest rates, usually following a decline in the demand for money. A popular distinction between recession and depression is: 'Recession is when your neighbors lose his job; depression is when you yourself lose your job. A recession is a decline in a country's Gross Domestic Product (GDP) growth for two or more consecutive quarters of a year. A recession is also preceded by several quarters of slowing down. Recession is the result of reduction in the demand of products in the Global market. Recession can also be associated with falling prices known as deflation due to lack of demand of products. Again, it could be the result of inflation or a combination of increasing prices and stagnant economic growth in the West.

Recession in the West, especially the United States, is a dampening news for our country. Our companies in India have several Business outsourcing deals from the US. Even our exports to US have increased over the years. There is a decline in the employment market due to the Recession in the West. There has been a significant drop in the new hiring which is a cause of great concern for us. Some companies have laid off their employees and...
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