The Effect of Macroeconomic Variables on the Capital Structure Decisions of Indian Firms: A Vector Error Correction Model/ Vector Autoregressive Approach
This paper sheds light on how the macroeconomic variables affect the capital structure decisions in context to the Equity Market Timing Theory, for the firms of an emerging economy- India. The analysis is done through analytical and causal research design using Vector Error Correction Model / Vector...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
EconJournals
2015-12-01
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Series: | International Journal of Economics and Financial Issues |
Subjects: | |
Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/31971/352228?publisher=http-www-cag-edu-tr-ilhan-ozturk |