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Volume : III, Issue : III, April - 2013 FACTORS DETERMINING CAPITAL STRUCTURE OF CO-OPERATIVE SUGAR INDUSTRY IN TAMIL NADU – AN EMPIRICAL STUDY A. PALVANNAN AND M. SEKAR DOI : 10.9780/22307850, Published By : Laxmi Book Publication Abstract : Finance is an important input for any type of business and is needed for
working capital and for permanent investment. The financial success of a firm depends
mainly on its capital structure. The choice of debt and equity in the capital structure of
corporate firms is an important financial decision because it influences both the return
and risk of shareholders. In the present day challenges facing the Indian sugar industry
are about 50 % of production of north India and Tamil Nadu are governed by State
Advised Prices, Government controls on domestic sales and exports make commercial
planning very difficult. Erratic financial returns have made the business less bankable,
only industry in the country to bear financial burden of a social welfare program of the
government. Keywords : Article : Cite This Article : A. PALVANNAN AND M. SEKAR, (2013). FACTORS DETERMINING CAPITAL STRUCTURE OF CO-OPERATIVE SUGAR INDUSTRY IN TAMIL NADU – AN EMPIRICAL STUDY. Indian Streams Research Journal, Vol. III, Issue. III, DOI : 10.9780/22307850, http://oldisrj.lbp.world/UploadedData/2253.pdf References : - i.Kakani R.K (1999), “The Determinants of Capital Structure: An Econometric Analysis”, Finance India Vol. 13, No. 1, pp 51-69.
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