A Study on Evaluation of Capital Structure

  • G.D.V. Kusuma Dr. G.D.V. Kusuma, Department of MBA-Sree Kavitha Institute of Management, India
Keywords: Capital, Debt, Evaluation, Equity, Structure, My Home Industries Ltd., Hyderabad.

Abstract

Capital is the back bone of any organization. Everyone should utilize the capital in a proper way; otherwise their business will be washed away from the market. The present paper is an attempt to present the capital structure of My Home Industries Ltd. In this paper the researcher/s made an attempt to evaluate the capital structure by considering different elements like debt and equity.

 

References

Arbabiyan, Ali-Akbar & Safari, Mehdi, (2009), The effects of capital structure and profitability in the listed firms in Tehran Stock Exchange, Journal of Management Perspective, 33: 159-175.
Abor,J (2005), The effect of capital structure on profitability : an empirical analysis of listed firms in Ghana, Journal of Risk Finance, 6: 438-447.
Boodhoo, Roshan (2009), Capital Structure and performance of Mauritius Listed Firms: Theoretical and Empirical Evidences, Online Web http://www.nyu.edu/classes/keefer/EvergreenEnergy/boodhoorebook.pdf
Bradley M. Jarell GA, & Kim EH (1984), On the existence of an Optimal Capital Structure: The Theory and Evidence, .Journal of finance, 39: 857-880.
Berger, A & Bonaccorsi di Patti, E (2006), Capital structure and firm performance: a new approach to testing agency theory and an application to the banking industry, Journal of Banking and Finance, 32: 1065-1102.
Chakraborty, I., (2010). Capital structure in an emerging stock market: The case of India, Research in International Business and Finance, 24: 295-314.
Champion, D. (1999), Finance: the joy of leverage, Harvard Business Review, Vol. 77, pp. 19-22.
Chen JJ. (2004), Determinants of Capital Structure of Chinese Listed Companies, Journal of Business Research, 57: 1341-1351.
Deesomsak R, Paudyal K & Pescetto G (2004), The determinants of capital structure: Evidence from the Asia Pacific region, Journal of Multinational Financial Management, 14: 387-405.
Ebaid I E, (2009), The impact of capital structure choice on firm performance: empirical evidence from Egypt, The Journal of Risk Finance, 10(5): 477 -487.
Harris M, and Raviv R. (1991), The Theory of Capital Structure, Journal of Finance, 46 (1): 297-355.
Heinkal, Robert (1982), A theory of capital structure relevance under imperfect information, Journal of Finance, 37: 1141-1150.
Hovakimian, A., Hovakimian, G., & Tehranian, H. (2004), Determinants of target capital structure: The case of dual debt and equity issues, Journal of financial economics, 71(3),517-540.
Majumbar, S and Chhibber, P (1999), Capital structure and performance: evidence from a transition economy on an aspect of corporate governance, Public Choice, 98: 287-305. Miller, M (1977), Debt and Taxes, Journal of Finance, 32: 262-275.
Modigliani, F and Miller, M (1963), Corporate income taxes and cost of capital: a correction, American Economic Review, 53: 443-453.
Myers, S. (1977), Determinants of corporate borrowings, Journal of Financial Economics, 5: 147-175. Pathak Rajesh (2011), Capital Structure and Performance: Evidence from Indian Manufacturing Firms, Social Science Research Network, Online Web.
Pratheepkanth. Puwanenthiren, (2011), Capital Structure and Financial Performance: Evidence from Selected Business Companies in Colombo Stock Exchange Sri Lanka, Journal of Arts, Science & Commerce, II (2): 1-13.
Ramaswamy, K (2001), Organizational ownership, competitive intensity, and firm performance: an empirical study of Indian manufacturing sectors, Strategic Management Journal, 22: 989-998.
Rajan, R. G., & Zingales, L. (1995), What do we know about capital structure? Some evidence from international data, Journal of finance, 50(5): 1421-1460.
Razak, N.H.A., Ahmad, R. & Aliahmed, H.J. (2008), Government ownership and performance: An analysis of listed companies in Malaysia, Corporate Ownership and Control, 6(2): 434-442. 166
Mahfuzah Salim and Raj Yadav / Procedia - Social and Behavioral Sciences 65 ( 2012 ) 156 – 166 Roden, D., Lewellen, W. (1995), Corporate capital structure decisions: evidence from leveraged buyouts, Financial Management, 24: 76-87.
San, O.T. & Heng, T.B. (2011), Capital Structure and Corporate Performance of Malaysian Construction Sector, International Journal of Humanities and Social Science, 1(2): 28-36.
Published
2018-11-02
How to Cite
Kusuma, G. (2018). A Study on Evaluation of Capital Structure. Indian Journal of Finance and Banking, 2(2), 42-46. https://doi.org/10.46281/ijfb.v2i2.192
Section
Regular Research Article/ Short Communication Article