IDEAS home Printed from https://ideas.repec.org/a/ids/ijelfi/v12y2023i4p440-454.html
   My bibliography  Save this article

Analysing the capital structure tactics used by the chosen Indian renewable energy firms

Author

Listed:
  • B. Vidhyadevi
  • P. Uma Swarupa

Abstract

The study's goal was to investigate the capital structuring tactics used by the corporations INDOWIND and KARMAENG. Finding a model to forecast their authorised, issued, and paid-up capital over time is another goal. An analytical research design was used for the investigation. Yahoo Finance and Money Control websites provided secondary data from 2008 to 2021. Only the top 2 NSE-listed firms with the biggest market capitalisation that have only dealt with renewable energy over the previous ten years were taken into consideration for the study. It was determined from the investigation that just a small percentage of the authorised capital is being used by INDOWIND for issuing. Additionally, it was discovered that there is a strong positive correlation between KARMAENG and INDOWIND's authorised, issued, and paid-up capital. The Pearson correlation value for KARMAENG was 1, suggesting that the firm is issuing all its authorised and issued capital, which shareholders have paid for. Authorised capital significantly influenced the INDOWIND Company's issued and paid-up capital structure.

Suggested Citation

  • B. Vidhyadevi & P. Uma Swarupa, 2023. "Analysing the capital structure tactics used by the chosen Indian renewable energy firms," International Journal of Electronic Finance, Inderscience Enterprises Ltd, vol. 12(4), pages 440-454.
    • Handle: RePEc:ids:ijelfi:v:12:y:2023:i:4:p:440-454
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=133843
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijelfi:v:12:y:2023:i:4:p:440-454. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=171 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.