Effect of Capital Structure on Profitability of Listed Cement Companies in India
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 2
Abstract
This study seeks to extend Mohammad Fawzei Shubita and Jafafer Maroof Alsawalhah (2012) findings regarding the relationship between capital structure and profitability by assessing the effect of capital structure on profitability of cement companies listed on Bombay Stock Exchange during a five-year period (2011-12 to 2015-16). The problem statement to be analyzed in this study is: The study sample consists of 11 companies. Applying descriptive statistics and correlations analysis, there is no significant relationship between cost of capital to firms return and also debt-equity ratio to share price.. Further, it evaluate the impact of Capital structure on profitability of the firm, the study find that there is a significant impact of Capital structure on Firm’s profitability except cost of capital and firm’s return. Yet recommendations based on findings are offered to improve certain factors like the firm must consider using an optimal capital structure and future research should investigate generalizations of the findings beyond the manufacturing sectors.
Authors and Affiliations
Nagesha H G, Dr. T P Renuka Murthy
Keywords
Related Articles
- EP ID EP409640
- DOI 10.9790/487X-2002050104.
- Views 72
- Downloads 0
The Influence Of Good Governance, Government Internal Control System, Budgeting Participation And Remuneration On Managerial Performance with Organizational Commitments Moderating Variable(Empirical Studies In The 8 UPT Directorate General Of Early Childhood Education And Community Education Ministry Of Education And Culture)
This study aimed to analyze the influence factors on Managerial Performance. The influence factors is Good Governance, Government Internal Control System, Budgeting and Remuneration Participation with Organizational Comm...
Information Communication Technology Adoption and Supply Chain Performance of Parastatals in Kenya’s Energy Sector
Adoption of information and communication technology (ICT) has a significant effect on organizational processes, operational efficiency and service delivery. This study was undertaken to establish the effect of ICT adopt...
Mandalika Tourism Specific Economic Zone, Lombok Tengah Regency, West Nusa Tenggara
Mandalika coastal area in Lombok Tengah Regency, West Nusa Tenggara has been declared as one of the ten national tourism destination priority. As far, there are few scientific documents to describes the area, in which it...
Impact of Service Quality on Customer Satisfaction: A Study on Southeast Bank Limited
Commercial banks provide various financial services to its customers. In the competitive banking arena, quality service is a burning issue as the success of obtaining customers’ satisfaction. This paper focuses on the dr...
Bitcoins in India: A Study of Legal and Economic Aspects
Bitcoin is a decentralized virtual cryptocurrency which provide a solution to the double spending problem without involving any trusted third-party intermediary. The rising craze for bitcoin has come under the government...