Capital Structure and Profitability in Srilankan Banks

Dr. T.Mangaleswaran; J.Aloy Niresh

Capital Structure and Profitability in Srilankan Banks

Dr. T.Mangaleswaran * §

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J.Aloy Niresh

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University of Jaffna, Sri Lanka.

Capital Structure and Profitability in Srilankan Banks

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Abstract

Capital structure has attracted intense debate and scholarly attention across industries in the corporate finance literature over the past decades. Nonetheless, in the context of the banking industry, the subject has received a limited research attention. Capital structure decision is the vital one since the profitability of an enterprise is directly affected by such decision. Hence, proper care and attention need to be given while determining capital structure decision. The study investigated the impact of capital structure on profitability of ten listed Srilankan banks over the past 8 year period from 2002 to 2009. Based on the findings of the study, there are a few key points that can be used to conclude this study. It is very important that the total debt is the determining factor of profitability in the Banking Industry of Sri Lanka. The outcomes of the study may guide banks, loan-creditors and policy planners to formulate better policy decisions as far as the capital structure is concerned. Further, the study reinforces and refines the body of knowledge relating to capital structure and profitability in Srilankan Banks.

References

11 Cites in Article

Reference Format

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Dr. T.Mangaleswaran, J.Aloy Niresh. 1970. "Capital Structure and Profitability in Srilankan Banks". Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 12 (GJMBR Volume 12 Issue B13).

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GJMBR Volume 12 Issue B13

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords

Capital structure Profitability Total debt

Classification

GJMBR-B Classification FOR Code: 150202 JEL Code: M21

G32

Submission ReceivedDecember 12, 2011
Peer Review Double Blind
Handling Editor
Accepted January 4, 2012
Published January 15, 2012

Version of record

v1.2

Language

English

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Article Matrices

Total Score: 148

Country: Sri Lanka

Subject: Global Journal of Management and Business Research

Authors: J.Aloy Niresh (PhD/Dr. count: 0)

View Count (all-time): 246

Total Views (Real + Logic): 4007

Total Downloads (simulated): 357

Publish Date: 2012 01, Sun

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Total Views: 4K

Total Downloads: 357

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