DETERMINANTS OF CAPITAL STRUCTURE OF SELECT HOSPITALITY FIRMS IN INDIA

Abstract

Capital structure is one of the most important areas of financial decision making. Identifying the right proportion of debt and equity of capital structure has been much difficult to bring favourable results for the organization. This study is attempted to analyse the determinants of capital structure of select hospitality firms in India. The study is based on secondary data. Ten hospitality firms were taken for the study period of 2010-2011 to 2016-2017. Correlation and multiple regression tools has been applied to analyse the objective. The study concludes that the determinants of large cap hospitality firms are highly influencing the capital structure than the mid cap firms.