IDEAS home Printed from https://ideas.repec.org/a/ids/ijmefi/v10y2017i3-4p227-234.html
   My bibliography  Save this article

A study on analysis of the determinants of capital structure with special focus on automobile sector of India

Author

Listed:
  • Gurmeet Singh

Abstract

The choices of capital structure have been the most important choices to be taken by the finance professionals in a corporate sector. Capital structure has fascinated intellectual attention in company finance literature in last few years. However, in the context of financial sector particularly in automobile sector, it has received a petite attention. This study scrutinises the effect of firm level individuality on capital structure of listed automobile companies of India from 2008 to 2014. Ordinary least square regression study indicates that risk, tangibility, size, liquidity and profitability are significant determinants of capital structure of automobile firms of India. In addition, the study also indicates that profitable, more liquid, more tangible and risky automobile firms focus on equity than debt financing or preserved earnings. Thus, the finance executives of automobile companies ought to put emphasis on financing of equity or preserved earnings for the operations of their firms.

Suggested Citation

  • Gurmeet Singh, 2017. "A study on analysis of the determinants of capital structure with special focus on automobile sector of India," International Journal of Monetary Economics and Finance, Inderscience Enterprises Ltd, vol. 10(3/4), pages 227-234.
    • Handle: RePEc:ids:ijmefi:v:10:y:2017:i:3/4:p:227-234
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=87473
    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:ijmefi:v:10:y:2017:i:3/4:p:227-234. 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=218 .

    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.