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...

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Bibliographic Details
Main Authors: Sakshi Khanna, Amit Srivastava, Yajulu Medury
Format: Article
Language:English
Published: EconJournals 2015-12-01
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