Does Firm Size Influence Leverage? Evidence from India

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DC Field	Value	Language
dc.contributor.author	Bhat, Anil Kumar
dc.contributor.author	Chanda, Udayan
dc.date.accessioned	2023-05-01T05:21:29Z
dc.date.available	2023-05-01T05:21:29Z
dc.date.issued	2020-02
dc.identifier.uri	https://journals.sagepub.com/doi/10.1177/0972150919891616
dc.identifier.uri	http://dspace.bits-pilani.ac.in:8080/xmlui/handle/123456789/10586
dc.description.abstract	This study aims to investigate the size–leverage relationship in the context of India—one of the important emerging economies. Most of the studies that have tested the relationship between firm size and leverage have been conducted in the developed economies. For testing the much-discussed size–leverage relationship, we employ a large sample of firms for the study over a time span of 17 years from 2002 to 2018. Our findings support the negative size–leverage relationship, confirming the propositions of the pecking order theory. The study has implications for policymakers regarding the development of corporate debt market in India.	en_US
dc.language.iso	en	en_US
dc.publisher	Sage	en_US
dc.subject	Management	en_US
dc.title	Does Firm Size Influence Leverage? Evidence from India	en_US
dc.type	Article	en_US
Appears in Collections:	Department of Management

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