Managerial Perception on Operational Performance of Public Enterprises in Kerala

The public enterprises in Kerala play a significant role in the development of the economy, especially in the manufacturing sector. Both central and state Government have been developing and restructuring various plans and programmes for the progressive improvement of state owned industries. In Kerala, industrial sector mainly consists of medium and large industries, micro, small and medium enterprises (MSME) and traditional industries. The Review of Public Enterprises has come up with the view that many of the State Owned Enterprises in Kerala are not performing in the expected level. The financial as well as operational performances of these enterprises are found to be very pathetic. The researcher confines study to the operational area of performance of State Owned Industrial Enterprises in Kerala. The performance of a company cannot be evaluated merely relying upon income statements alone. Operating profits are also an important tool to measure the sound position of a company. Operational performance is analysed through various factors like Profitability, Production, Sales and Marketing and Management of funds, posing impact on the performance of the firm. An attempt is made to study the managerial perception towards operational performance of State Owned Industrial Enterprises in Kerala.