Subir Kumar Sen1 & Sudipta Kayal2
1Assistant Professor, Department of Commerce, Tripura University, Suryamaninagar, Agartala-799022, Tripura, India. Email: email@example.com
2Assistant Professor, Department of Economics, Savitri Girls’ College, Kolkata-700007.
This paper examines the combined efficiency of the Public Sector Enterprise Textile Firms using Shannon entropy measures. The efficiency scores of public sector enterprise Textile Firms under cost, revenue and profit models are combined to obtain a comprehensive performance measure. This paper finds that the profit model has a larger value of discriminatory ability and weight as compared to cost and revenue models.
Keywords: Shannon’s entropy, cost efficiency, revenue efficiency, profit efficiency, ranking, Textile Companies.
JEL Codes: C14, D61