Prof. Paul Sudnik
Munich University of Applied Sciences, Germany
Under my editorship the International Journal of Social Science and Humanity will be centered around the idea of new and emerging IT advancements geared towards finding solutions in tackling the problems and challenges that we face in the 21st century.
Abstract—Indian corporate sector over the last two decades have experienced major policy changes after the initiation of certain measures of financial liberalization. As a result many companies have started diversifying their business and there is a significant increase in foreign direct investment (FDI) inflows as well as outflows. Against this background the research examines the impact of diversification strategies (international market and product diversification) on the leverage decisions of firms after controlling for other major determinants of capital structure.
Index Terms—Capital structure, international market diversification, product diversification
The authors are with Indian Institute of Technology, Madras (e-mail:ranjithaajay07@gmail.com )
Cite: Ranjitha Ajay and R. Madhumathi, "Diversification Strategy and Its Influence on the Capital Structure Decisions of Manufacturing Firms in India," International Journal of Social Science and Humanity vol. 2, no. 5, pp. 421-426, 2012.
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