skip to main content
Language:
Search Limited to: Search Limited to: Resource type Show Results with: Show Results with: Search type Index

A study of NSC listed companies in India: capital structure and financial performance

Advances in management (Indore, India), 2023-03, Vol.16 (1), p.11-18

Copyright Advances in Management Mar 2023 ;ISSN: 0974-2611 ;EISSN: 2278-4551 ;DOI: 10.25303/1601aim011018

Full text available

Citations Cited by
  • Title:
    A study of NSC listed companies in India: capital structure and financial performance
  • Author: Negi, Manoj Singh ; Sethi, Amanjeet Singh
  • Subjects: Capital budgeting ; Capital structure ; Corporate profits ; Debt financing ; Decision making ; Dividends ; Earnings per share ; Efficient markets ; Equity ; Financial leverage ; Financial performance ; Hypotheses ; Long term debt ; Net income ; Operating leverage ; Price earnings ratio ; Profitability ; Research methodology ; Stock exchanges ; Stockholders ; Taxes
  • Is Part Of: Advances in management (Indore, India), 2023-03, Vol.16 (1), p.11-18
  • Description: A decision that can affect a firm performance is the selection of its capital structure. To maximize a firms’ profit or to check the ability of a firm in gung-ho situations, capital structure decisions play a very important role. The expectations of the shareholder towards the firms performance are closely correlated with its capital structure decisions. Capital structure is a technique of a firm to finance its assets and for this, company uses the mixture of equity and debt. In this study, the researchers investigated the association between capital structure and financial performance of the NSC listed companies from 2017-2018 to 2021-2022. DR is negatively correlated with EPS and ROE but shows significant relationship with GP and NP which means there is a positive correlation with financial performance. In the same way DER is positively correlated with all the financial performance measures i.e. GP, NP and EPS except ROE. The R square value of GP, NP, ESP and ROE ratios represents 25.5%, 35.1%, 32.4% and 73.9% experimental deviation in the financial performance elucidated by the variations in two independent variables i.e. DR and DER ratio.
  • Publisher: Indore: Advances in Management
  • Language: English
  • Identifier: ISSN: 0974-2611
    EISSN: 2278-4551
    DOI: 10.25303/1601aim011018
  • Source: ProQuest Central

Searching Remote Databases, Please Wait