{"id":"https://openalex.org/W2992882987","doi":null,"title":"The Determinants of Leverage of the Listed-Textile Companies in India","display_name":"The Determinants of Leverage of the Listed-Textile Companies in India","publication_year":2011,"publication_date":"2011-11-25","ids":{"openalex":"https://openalex.org/W2992882987","mag":"2992882987"},"language":"en","primary_location":{"id":"mag:2992882987","doi":null,"is_oa":false,"landing_page_url":"https://iiste.org/Journals/index.php/EJBM/article/viewFile/722/621","pdf_url":null,"source":{"id":"https://openalex.org/S2764648571","display_name":"European Journal of Business and Management","issn_l":"2222-1905","issn":["2222-1905","2222-2839"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4310320723","host_organization_name":"IISTE","host_organization_lineage":["https://openalex.org/P4310320723"],"host_organization_lineage_names":["IISTE"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"European Journal of Business and Management","raw_type":null},"volume":null,"type":"article","indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5104635912","display_name":"Liaqat Ali","orcid":"https://orcid.org/0000-0003-0466-1431","observed_orcids":["https://orcid.org/0000-0003-0466-1431","https://orcid.org/0000-0001-5549-8772"]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Liaqat Ali","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0003-0466-1431","affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5104635912"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":10.215,"has_fulltext":false,"cited_by_count":34,"citation_normalized_percentile":{"value":0.97677158,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"3","issue":"12","first_page":"54","last_page":"59"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9883000254631042,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9883000254631042,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.007400000002235174,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11653","display_name":"Financial Distress and Bankruptcy Prediction","score":0.0005000000237487257,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/financial-leverage","display_name":"leverage","score":0.6019999980926514},{"id":"https://openalex.org/keywords/capital-structure","display_name":"capital structure","score":0.9599999785423279},{"id":"https://openalex.org/keywords/textile-industry","display_name":"textile industry","score":0.906000018119812},{"id":"https://openalex.org/keywords/non-debt-tax-shield","display_name":"non-debt tax shield","score":0.8619999885559082},{"id":"https://openalex.org/keywords/firm-size","display_name":"firm size","score":0.7879999876022339},{"id":"https://openalex.org/keywords/asset-growth","display_name":"asset growth","score":0.7419999837875366},{"id":"https://openalex.org/keywords/profitability","display_name":"profitability","score":0.9729999899864197},{"id":"https://openalex.org/keywords/asset-tangibility","display_name":"tangibility","score":0.9980000257492065},{"id":"https://openalex.org/keywords/debt-ratio","display_name":"debt ratio","score":0.8370000123977661}],"concepts":[{"id":"https://openalex.org/C149933338","wikidata":"https://www.wikidata.org/wiki/Q950816","display_name":"Capital structure","level":3,"score":0.7895690202713013},{"id":"https://openalex.org/C153083717","wikidata":"https://www.wikidata.org/wiki/Q6535263","display_name":"Leverage (statistics)","level":2,"score":0.7560834884643555},{"id":"https://openalex.org/C129361004","wikidata":"https://www.wikidata.org/wiki/Q2470236","display_name":"Profitability index","level":2,"score":0.6608017683029175},{"id":"https://openalex.org/C73116969","wikidata":"https://www.wikidata.org/wiki/Q16954906","display_name":"Debt-to-capital ratio","level":5,"score":0.6218318343162537},{"id":"https://openalex.org/C200870193","wikidata":"https://www.wikidata.org/wiki/Q11691","display_name":"Stock exchange","level":2,"score":0.5955954790115356},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5564774870872498},{"id":"https://openalex.org/C27574286","wikidata":"https://www.wikidata.org/wiki/Q320723","display_name":"Variables","level":2,"score":0.5362498164176941},{"id":"https://openalex.org/C135665773","wikidata":"https://www.wikidata.org/wiki/Q2234049","display_name":"Debt ratio","level":3,"score":0.526214599609375},{"id":"https://openalex.org/C6422946","wikidata":"https://www.wikidata.org/wiki/Q857354","display_name":"Panel data","level":2,"score":0.5159505009651184},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.4960421025753021},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.496004194021225},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4651903212070465},{"id":"https://openalex.org/C152877465","wikidata":"https://www.wikidata.org/wiki/Q208042","display_name":"Regression analysis","level":2,"score":0.45502620935440063},{"id":"https://openalex.org/C117131394","wikidata":"https://www.wikidata.org/wiki/Q17141900","display_name":"Tax shield","level":5,"score":0.44966354966163635},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3613656163215637},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.2714408040046692},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.13941895961761475},{"id":"https://openalex.org/C155530773","wikidata":"https://www.wikidata.org/wiki/Q591174","display_name":"Return on equity","level":3,"score":0.10365551710128784},{"id":"https://openalex.org/C124972522","wikidata":"https://www.wikidata.org/wiki/Q1303176","display_name":"Equity ratio","level":4,"score":0.09293758869171143},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.08909872174263},{"id":"https://openalex.org/C100001284","wikidata":"https://www.wikidata.org/wiki/Q2248246","display_name":"Public economics","level":1,"score":0.08130466938018799},{"id":"https://openalex.org/C74939039","wikidata":"https://www.wikidata.org/wiki/Q7603703","display_name":"State income tax","level":3,"score":0.0},{"id":"https://openalex.org/C551662922","wikidata":"https://www.wikidata.org/wiki/Q2346630","display_name":"Tax reform","level":2,"score":0.0},{"id":"https://openalex.org/C172008318","wikidata":"https://www.wikidata.org/wiki/Q3683077","display_name":"Gross income","level":4,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"mag:2992882987","doi":null,"is_oa":false,"landing_page_url":"https://iiste.org/Journals/index.php/EJBM/article/viewFile/722/621","pdf_url":null,"source":{"id":"https://openalex.org/S2764648571","display_name":"European Journal of Business and Management","issn_l":"2222-1905","issn":["2222-1905","2222-2839"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4310320723","host_organization_name":"IISTE","host_organization_lineage":["https://openalex.org/P4310320723"],"host_organization_lineage_names":["IISTE"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"European Journal of Business and Management","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth","score":0.7257999777793884}],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":21,"referenced_works":["https://openalex.org/W142607461","https://openalex.org/W2017368346","https://openalex.org/W2020960836","https://openalex.org/W2020970716","https://openalex.org/W2024003334","https://openalex.org/W2031600967","https://openalex.org/W2063955807","https://openalex.org/W2071659251","https://openalex.org/W2089842977","https://openalex.org/W2112352537","https://openalex.org/W2115846503","https://openalex.org/W2122529435","https://openalex.org/W2124597406","https://openalex.org/W2140041112","https://openalex.org/W2140358882","https://openalex.org/W2157005718","https://openalex.org/W2170790204","https://openalex.org/W3122075638","https://openalex.org/W3123309537","https://openalex.org/W3125337127","https://openalex.org/W3125649736"],"related_works":["https://openalex.org/W4213101131","https://openalex.org/W6950158432","https://openalex.org/W2059817248","https://openalex.org/W3083833983","https://openalex.org/W3162293773","https://openalex.org/W7215762632","https://openalex.org/W4256149667","https://openalex.org/W2731317139","https://openalex.org/W3210506774","https://openalex.org/W2955211844"],"abstract_inverted_index":{"This":[0,134],"study":[1,19],"examines":[2],"the":[3,18,27,32,45,75,79,85,100,106,138,142,145],"determinants":[4],"of":[5,7,17,47,50,87],"leverage":[6,72,101,150],"Indian":[8,22],"textile":[9,23,161],"firms":[10],"using":[11],"panel":[12],"data":[13,49,164],"analysis.":[14],"The":[15,81,120],"sample":[16,51],"covers":[20],"170":[21],"companies":[24],"listed":[25],"on":[26,105,141],"Bombay":[28],"Stock":[29],"Exchange":[30],"covering":[31],"period":[33],"from":[34],"2006":[35],"to":[36,137],"2010.":[37],"Fixed":[38],"effects":[39],"regression":[40],"model":[41],"was":[42],"used":[43,67],"for":[44],"analysis":[46],"penal":[48,163],"companies.":[52],"Firm":[53],"size,":[54,88],"growth":[55,108],"in":[56,78],"total":[57],"assets,":[58],"non-debt":[59,89],"tax":[60,90],"shields,":[61,91],"profitability":[62,110],"and":[63,92,109,149],"asset":[64],"tangibility":[65,93],"are":[66,122],"as":[68,128,130],"explanatory":[69],"variables,":[70],"while":[71,104],"ratio":[73,102,118],"is":[74],"dependent":[76],"variable":[77],"model.":[80],"results":[82,121],"show":[83],"that":[84],"variables":[86],"have":[94,111],"highly":[95,112],"significant":[96,113],"positive":[97],"relationship":[98,115,143],"with":[99,116,125],"(p<0.01),":[103],"contrary,":[107],"negative":[114],"debt":[117],"(p<0.01).":[119],"generally":[123],"consistent":[124],"theoretical":[126],"predictions":[127],"well":[129],"previous":[131],"research":[132],"papers.":[133],"paper":[135],"adds":[136],"existing":[139],"literature":[140],"between":[144],"firm":[146],"specific":[147],"factors":[148],"Keywords:":[154],"leverage,":[156],"capital":[157],"structure,":[158],"firm-specific":[159],"factors,":[160],"industry,":[162]},"counts_by_year":[{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":5},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":4},{"year":2014,"cited_by_count":4},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":1}],"updated_date":"2026-09-26T08:19:03.415552","created_date":"2019-12-13T00:00:00"}
