Capital structure of a firm is determined by various internal and external factors. The macro variables of the economy of a country like tax policy of government, inflation rate, capital market condition, are the major external factors that affect the capital structure of a firm. The...

Background: While there may be a lack of consensus on exactly what drives the capital structure decision, there is no lack of alternative hypotheses. One of these theories, capital structure life stage theory, is conspicuously underdeveloped. Although mentioned in text-books (Damodaran, 2001),...

The present study is aimed at to examine the reason of existence of the inter-firm and inter-industry differences in the capital structure of Indian firms and to identify the possible sources of such variation in capital structure. We propose to analyze the financing pattern of 300 Indian...

Debt-equity choice is one of the most important decisions in financing policy. Studies on capital structure have made great contributions in understanding the behavior of firms with respect to their choice among the use of debt or equity. The present study analyses the financing pattern of 300...

This study empirically examines the relationship between working capital management and profitability of ACC Cement Company, the leading cement manufacturer of the country for assessing the impact of working capital management on profitability during the period 1999-2000 to 2009-10. The impact...

The purpose of this paper is to investigate empirically the existence of inter- industry differences in the capital structure of Indian firms and to identify the possible implications of such variation in capital structure. We have studied the financing pattern of 300 Indian private sector...

Risk Management, a term often linked to major corporations as a corporate governance requirement, is a useful process that MSMEs can adopt to improve their chances of sustained and successful longevity. Over the years, risk management has been identified as a vital process in the business...

Though there are too many researches has been conducted on the topic working capital management and its impact on profitability, but there is no major research has been done for the negative working capital and its impact on profitability. All the studies on working capital generally states that...

Prior studies on this have already proved the existence of relationship between working capital and firm's performance. In extension to the existing literature, this study is designed to investigate the relationship between working capital management and the firm's performance i.e. impact on...

Prediction of financial distress has been a major concern for all companies since the financial crisis of 2008. Financial distress is detrimental to big and small organisations alike. It is costly because it creates a tendency for firms to do things that are harmful to debt holders and...