The decision on capital structure makes an impact on the overall cost of capital and consequently value of the firm. The capital structure decision of growth companies is even more important as the companies require fresh fund to finance growth. In this study, the sales of software companies in...

In determining relationship between level of debt and profitability, the earlier empirical studies mostly considered the level of debt or leverage ratio as dependant variable and profitability as one of the independent variables without conducting any test of exogeneity among variables. The...

Purpose: The objective of the paper is to investigate the relationship between financial risk and the value of the company. In this context, the study is to revisit the trade-off theory of capital structure in the Indian context. Design/methodology/approach: After applying outlier, the study...