Interactive Effect of Diversification Strategy on Capital Structure and Corporate Performance: An Analytical Evaluation

Interactive Effect of Diversification Strategy on Capital Structure and Corporate Performance: An Analytical Evaluation

Rishi Manrai

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Rudra Rameshwar

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Vinay Nangia

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Thapar Institute of Engineering & Technology

Interactive Effect of Diversification Strategy on Capital Structure and Corporate Performance: An Analytical Evaluation

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Abstract

Whether diversification benefits a corporation and its shareholders have been the subject of relevant discussion and research wherein economist and policy managers are working at different fronts towards gaining sustainable advantage and development. Present paper investigates possible measures to understand the effect of product diversification strategy on capital structure (CS) and corporate performance with respect to Indian context. The study involved database collected from non-financial companies listed in NSE and BSE for determining the relationship between variables-corporate growth, size, asset tangibility and profitability. However, research design using different models have been used to analyse the possible effects and relationships in between and among the dependent and independent variable of the study. In conclusion, study variables are associated and different relationships have been captured, analysed and interpreted using statistical tools (E-Views) and techniques. The results are representing and focussing the importance in line of the context of the study.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

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How to Cite This Article

Rishi Manrai. 2014. \u201cInteractive Effect of Diversification Strategy on Capital Structure and Corporate Performance: An Analytical Evaluation\u201d. Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 14 (GJMBR Volume 14 Issue C4): .

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GJMBR Volume 14 Issue C4
Pg. 75- 91

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords

corporate performance correlation analysis diversification strategy Regression Analysis sustainable corporate value creation systematic risk

Submission ReceivedDecember 14, 2013
Peer Review Double Blind
Handling Editor
Accepted January 1, 2014
Published January 15, 2014

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v1.2

Issue date

September 4, 2014

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Article Matrices

Total Score: 103

Country: India

Subject: Global Journal of Management and Business Research - C: Finance

Authors: Rishi Manrai, Rudra Rameshwar, Vinay Nangia (PhD/Dr. count: 0)

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