A STUDY ON CAPITAL STRUCTURE AND PROFITABILITY: EVIDENCE FROM TEXTILE INDUSTRY IN INDIA

Dr. N. S. PANDEY, Dr. B.B. MANSURI, Dr. MEENU PANDEY, S. VASANTHARAJAN

Abstract: This paper seeks to study on Capital Structure (CS) and Profitability (P) of   Textile Industry in India.. The objectives of this paper to examine the factors affecting (CS)  and (P). This study is to find out relationship between (CS) and (P) of textile industry.  27Textile Industry have been considered for the analysis. The period of has been considered for 10 years from 2005-06 to 2014-15. Descriptive statistics, Regression analysis and correlation analysis have been used as statistical tools.  Four independent variables (DER, STD, LTD, and ICR) and three dependent variables (ROA, ROE, and ROCE) have been tested using regression analysis. The study found that factors such as Capital Structure (DER, STD, LTD, and ICR) have significant impact on profitability of the textile firm in  India during the period of  study.

Keywords:  Capital Structure, Profitability, Return on Assets, Return on Equity, Return on Capital Employed.   Textile Industry. Capital Structure Ratio.

Title: A STUDY ON CAPITAL STRUCTURE AND PROFITABILITY: EVIDENCE FROM TEXTILE INDUSTRY IN INDIA

Author: Dr. N. S. PANDEY, Dr. B.B. MANSURI, Dr. MEENU PANDEY, S. VASANTHARAJAN

International Journal of Interdisciplinary Research and Innovations

ISSN 2348-1218 (print), ISSN 2348-1226 (online)

Research Publish Journals

Vol. 7, Issue 1, January 2019 – March 2019

Citation
Share : Facebook Twitter Linked In

Citation
A STUDY ON CAPITAL STRUCTURE AND PROFITABILITY: EVIDENCE FROM TEXTILE INDUSTRY IN INDIA by Dr. N. S. PANDEY, Dr. B.B. MANSURI, Dr. MEENU PANDEY, S. VASANTHARAJAN