Ghosh, Saibal (2009): Productivity and Financial Structure: Evidence from Indian High-Tech Firms. Published in: Global Business Review , Vol. 10, No. 2 (1. December 2009): pp. 261-278.
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The paper utilizes data on high-tech Indian firms for 1996-2007 to explain the association between leverage and productivity. Accordingly, firm-level productivity measures are regressed on a set of control variables, which includes leverage among the regressors. The findings suggest that low leveraged firms tend to be more productive, on average. Robustness tests support the results.
|Item Type:||MPRA Paper|
|Original Title:||Productivity and Financial Structure: Evidence from Indian High-Tech Firms|
|Keywords:||productivity; financial structure, leverage; India|
|Subjects:||D - Microeconomics > D2 - Production and Organizations > D24 - Production ; Cost ; Capital ; Capital, Total Factor, and Multifactor Productivity ; Capacity|
|Depositing User:||Saibal Ghosh|
|Date Deposited:||22. Dec 2009 06:13|
|Last Modified:||25. Mar 2015 06:23|
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