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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

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.

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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, http://oldisrj.lbp.world/UploadedData/2253.pdf

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