EconPapers    
Economics at your fingertips  
 

Financial liberalisation and Capital structuring decisions of corporate firms: Evidence from India

Nemiraja Jadiyappa, Nagi Reddy Vanga and Raveesh Krishnankutty ()

Economics Letters, 2016, vol. 149, issue C, 33-37

Abstract: We examine the impact of financial reforms on corporate financing decisions of Indian firms using the fixed effects panel estimator. The impact on the leverage and debt maturity ratio is negative while a positive effect is observed on debt specialisation. The impact is greater for priority firms compared to non-priority firms.

Keywords: Capital structure; Financial reforms; Debt maturity structure; Debt specialisation; Financial liberalisation (search for similar items in EconPapers)
JEL-codes: G0 G3 G15 G20 G30 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176516303962
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:eee:ecolet:v:149:y:2016:i:c:p:33-37

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Series data maintained by Dana Niculescu ().

 
Page updated 2017-08-08
Handle: RePEc:eee:ecolet:v:149:y:2016:i:c:p:33-37