In this paper, the influences of five time-specific or country-specific determinants (namely, inflation, growth in real gross domestic product, stock market development, debt market development and lending interest rate), seven firm-specific determinants (namely, size, tangibility, non-debt tax...

This study examines the relationship between firm leverage and total factor productivity for a large panel of manufacturing firms in India over the period: 2000-2015. Using the debt-ratio as a measure of firm leverage, the results indicate that there exists a negative relationship between...

This paper examines the relation between capital structure and firm performance. The main objective of this study is to examine the relationship between capital structure and firm performance in listed manufacturing firms in Sri Lanka. In a way, the present study is initiated on “capital...

This study aims to analyze the effect of the exchange rate variation on the short-and long-term capital structure decisions of manufacturing firms in India's emerging economy. Using 2 step GMM model and a comprehensive financial data of 2575 manufacturing firms belonging to 8 different...

The objective of this paper is to provide additional evidence on the inter industry differences in the Capital Structure of leading Indian companies in terms of market capitalization. Comparisons in the capital structure of 15 industrial groups namely Pharmaceutical, Non-Metallic Mineral...

The present paper examines the capital structure adjustment dynamics of listed non-financial corporations in seven East Asian countries during 1994-2002. Compared to firms in the least affected countries, average leverages were much higher among firms in the worst affected countries while the...

Our empirical literature review shows that little is known about how firm performance changes with age, presumably because of the paucity of data on firm age. For Spanish manufacturing firms, we analyse the firm performance related to firm age between 1998 and 2006. We find evidence that firms...