Enterprises in Transition: Diagnostic Studies of J & K Enterprises

Abstract

The paper addresses issues in evaluating the potential" for enterprise turnaround in underdeveloped economies with inefficient institutions. The specific case of project evaluation of J &K enterprises in its contextual setting of a relatively closed state economy is explored. The issues raised apply to many economies of the globe that remain closed or are in a state of 'gradualistic' transition towards free marketisation.