|
Useful Links |
|
|
Article Details :: |
|
|
| Article Name : | | | DETERMINANTS OF CAPITAL STRUCTURE OF INDIAN FIRMS: A STUDY OF BSE 500 COMPANIES | | Author Name : | | | Prateek Bedi | | Publisher : | | | Ashok Yakkaldevi | | Article Series No. : | | | GRT-5704 | | Article URL : | |  | Author Profile View PDF In browser | | Abstract : | | | Optimizing a company’s capital structure is critical to its ability to achieve near-and long-term growth objectives. The optimal capital structure should ensure companies retain sufficient capital levels during both good times and bad. Most of the companies have problems in creating and maintaining a structure that will be viable through multiple business cycles. For such an important and multi-faceted decision, it is useful to study and ascertain the factors that determine this composition. The literature offers competing theories, and empirical studies show diverse results. Hence, the topic still remains an active area of research. To capture the empirical practices with regard to determinants of capital structure in India, an important emerging market, we run OLS regression of six financial variables identified as potential explanatory variables to arrive at the capital structure of 357 | | Keywords : | | |
|
|