IMPACT OF GDP AND INFLATION ON THE SYSTEMATIC RISK OF PHARMACEUTICAL COMPANIES

Dr. Sarika Gupta Dr.Suchita Gupta

Abstract


Business environment now a day is very dynamic and industries operated under this cannot remain indifferent. The systematic risk of is volatile in nature and is affected by   the economic conditions of country. Pharmaceutical companies are not untouched, hence impacted by the movement of Stock indices. Systematic risk is also used to gauge the performance of any company. The present study is designed to study the impact of economic variable on the performance of pharmaceutical companies .Top ten pharmaceutical companies are studied for 4 years .The Regression analysis is used to measure the impact of economic variable on the systematic risk.

Key Terms: GDP, Inflation, Systematic Risk


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