Arbeitspapier
The corporate debt market: A firm-level panel study for India
Traditionally, firms in India have shown a low preference towards debt financing, despite its advantages. Using panel data from 450 firms during 1992-93 and 2003-04, we attempt to identify factors which could explain the pattern of financing of manufacturing firms in India and the key determinants of their debt structure. We examine the roles of age of the firm, long term borrowing and net sales in affecting its debt structure.
- ISBN
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9291908185
- Language
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Englisch
- Bibliographic citation
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Series: WIDER Research Paper ; No. 2006/50
- Classification
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Wirtschaft
Model Construction and Estimation
Portfolio Choice; Investment Decisions
Capital Budgeting; Fixed Investment and Inventory Studies; Capacity
Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- Subject
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corporate debt
leverage
manufacturing firms
panel data
India
Fremdkapital
Kapitalstruktur
Verarbeitendes Gewerbe
Indien
- Event
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Geistige Schöpfung
- (who)
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Guha-Khasnobis, Basudeb
Kar, Saibal
- Event
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Veröffentlichung
- (who)
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The United Nations University World Institute for Development Economics Research (UNU-WIDER)
- (where)
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Helsinki
- (when)
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2006
- Handle
- Last update
- 10.03.2025, 11:42 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Guha-Khasnobis, Basudeb
- Kar, Saibal
- The United Nations University World Institute for Development Economics Research (UNU-WIDER)
Time of origin
- 2006