CAPITAL STRUCTURE AND FINANCIAL PERFORMANCE: A COMPARATIVE STUDY OF TATA MOTORS AND ASHOK LEYLAND LIMITED
2019; Journal of Emerging Technologies and Innovative Research (JETIR); Volume: 6; Issue: 1 Linguagem: Inglês
ISSN
2349-5162
Autores Tópico(s)Working Capital and Financial Performance
ResumoIn this paper, an attempt was made to analyze the effect of financial performance on the capital structure of the selected automobile companies in India. The study period covers eleven years from 2007-08 to 2017-18. The data were collected from annual reports of the automobile companies. The study revealed that managerial efficiency and profitability have no significant impact on capital structure in Tata Motors and liquidity has significant impact on capital structure in Tata Motors. The study also revealed a significant impact of financial performance on capital structure in Ashok Leyland.
Referência(s)