Search for Articles:

Recently Published: Neonatal Outcome of Newborns Admitted in a Tertiary Level Hospital, Nepal          ||          A Study Aimed to Assess the Knowledge of Antenatal Mothers regarding Janani Suraksha Yojana          ||          Personalized Drug Delivery System to Treat Arrhythmia          ||          Effects of Green Tea on Activity of ?-Glucosidase in Vitro and Glycaemic Index of White Bread in Vivo          ||          Security Challenges and Solutions in MongoDB          ||          Serum Prolactin, Thyroid Stimulating Hormone and Thyroid Hormones (FT3, FT4) Concentrations in Female Patients with Infertility: An Institutional Study          ||          Mental Health, Dynamic Psychology and Personal Management          ||          Unconscious Biases as a Result of Distinction in Political Psychology          ||          Role of Hysteroscopy to Improve Live Birth Rate among Secondary Infertile Couples          ||          Moderating Effect of Access to Capital on the Relationship between Financial Literacy and Firm Survival          ||         

Recently Downloaded: Smart Traveller System          ||          Personalized Drug Delivery System to Treat Arrhythmia          ||          The Effect of Organizational Climate and Compensation on Job Satisfaction and Employee Turnover Intention          ||          Recent Research and Advancement in Civil Engineering          ||          Effects of Green Tea on Activity of ?-Glucosidase in Vitro and Glycaemic Index of White Bread in Vivo          ||          Ulcer of the Mucosal Fold: An Unusual Complication of Laparoscopic Greater Curvature Plication          ||          Ulcer of the Mucosal Fold: An Unusual Complication of Laparoscopic Greater Curvature Plication          ||          Ulcer of the Mucosal Fold: An Unusual Complication of Laparoscopic Greater Curvature Plication          ||          Time Management Skills Vital for Young Professionals          ||          Classroom Techniques and Tasks for Teaching Speaking          ||          A Survey on Nature Inspired Algorithms for Virtual Machine Optimization          ||          "Digital Dementia" - The Dark Side of using Technology          ||          Nannochloropsis Protein as Potential Fish Feed          ||          Salivary Immunoglobulin A in Relation to the Viable Count of Mutans Streptococci in Children with Early Childhood Caries          ||          Predicting Movie Success Using Neural Network          ||          Personalized Drug Delivery System to Treat Arrhythmia          ||          Personalized Drug Delivery System to Treat Arrhythmia          ||          Improvement of Dental X-rays Images using Image Processing Techniques          ||          Personalized Drug Delivery System to Treat Arrhythmia          ||          Neonatal Outcome of Newborns Admitted in a Tertiary Level Hospital, Nepal          ||         


Determination of Factors Affecting Capital Structure of Micro, Small & Medium Enterprises in India

Jasnoor Kaur

Abstract: The present paper is an attempt to investigate the critical factors that affect the capital structure of forty Micro, Small & Medium Enterprises (MSMEs) in India. The research study was performed from five year plan 2011 to five year plan 2017. Four different economic sectors (Information Technology, Infrastructure and Automobile) have been considered for the present research. The study examines the effect of factors under study on the capital structure across all given sectors. The management environment was found to relate to all types of capital structure performance. Panel Data regression analysis was performed by applying Statistical package STATA. It reveals that firm size has been emerged as major determinant that affects capital structure of Micro, Small & Medium Enterprises under study. The present results indicate that the MSMEs with sound liquidity positions, exercising the practice of paying high dividends and fall under high tax brackets do not largely depend upon debt financing. The conclusions of this study confirm asset structure came out as the least influenced factor that affect capital structure of MSMEs.

Keywords: Capital Structure, MSMEs, Regression

Country: India, Subject Area: Accounting

Pages: 974 - 977

Edition: Volume 8 Issue 6, June 2019

How to Cite this Article?

Jasnoor Kaur, "Determination of Factors Affecting Capital Structure of Micro, Small & Medium Enterprises in India", International Journal of Science and Research (IJSR), https://www.ijsr.net/archive/v8i6/show_abstract.php?id=ART20198664, Volume 8 Issue 6, June 2019, 974 - 977

Download PDF


Viewed 50 times.

Downloaded 22 times.