The purpose of paper is to examine various factors affecting in adoption of financial structure decision. The study involves Indian media and automobile sector companies listed in Nifty. The study involves period in between 2014 to 2018. We used OLS technique to refer the factors of capital structure in Indian specific industries. Eight components are to be taken it include profitability, tangibility, liquidity, size, tax, growth opportunity, risk, and NDTS. We found profitability, liquidity, size, tax and growth has negative effect on capital structure where NDTS has positive effect on leverage.
Keywords: Indian companies, Automobile Companies, capital structure decision, determinants.
Mrs. Rajshree Sharma, Dr. Navita Nathani