Determinants of Capital Structure- Evidence from Selected Indian Companies

Abstract

Capital structure decision is one of the important financial d_ecisions that a firm has to take in order to align the interest of shareholders and the business. An optimum capital structure should always be planned by a business in order to meet the objective of maximizing the economic interest of its shareholders. A number of factor influence capital structure decisions of a firm and they drive the profitability position. This study examines the determinants of capital structure of selected twenty companies in India using the emerging data set.