tailieunhanh - A study on capital structure and financial performance of Indian textile industry

In this paper an attempt is made to identify the impact between capital structure and financial performance of the textile industry. | A study on capital structure and financial performance of Indian textile industry International Journal of Management IJM Volume 7 Issue 3 March-April 2016 322 Article ID IJM_07_03_030 Available online at http IJM JType IJM amp VType 7 amp IType 3 Journal Impact Factor 2016 Calculated by GISI ISSN Print 0976-6502 and ISSN Online 0976-6510 IAEME Publication A STUDY ON CAPITAL STRUCTURE AND FINANCIAL PERFORMANCE OF INDIAN TEXTILE INDUSTRY Dr. K. K. Ramachandran Director Vice Principal GRD School of Commerce and International Business . Damodaran College of science Coimbatore Tamilnadu M. Madhumathy Research scholar GRD School of Commerce and International Business . Damodaran College of science Coimbatore Tamilnadu ABSTRACT The Capital structure is one of the most basic and important research fields in theory of corporate finance. Capital structure of an organisation is being affected by many features and an organisation must try to decide most favorable blend of investment or funding. Even after 57 years of Modigliani and Miller irrelevance theorem the basic question how firm chooses their capital structure remains unclear. The Indian textile Industry has an overwhelming presence in the economic life of the country. It is the second largest textile industry in the world after China. Apart from providing one of the basic necessities of life the cloth the textile industry contributes to the country s industrial output and export earnings. In this paper an attempt is made to identify the impact between capital structure and financial performance of the textile industry. Key words Capital structure Indian Textile industry Profitability ratio Financial performance and Correlation Cite this Article Dr. K. K. Ramachandran and M. Madhumathy. A Study on Capital Structure and Financial Performance of Indian Textile Industry. International Journal of Management 7 3 2016 pp. 313 322. http IJM .