Abstract

The Indian construction industry has been playing an elixir role in the overall economic development of the country. The success of construction and its associated industries depend up on their efficient financial and business management. In a business enterprise, financial management is a very important aspect that ensures its survival, progress and smooth functioning. The proper allocation and usage of capital funds improves the efficiency of management and enhances the profitability of business. An appropriate proportion of various sources of funds used in a business is termed as financial structure and capitalization refers to the total amount of securities issued by a firm. Capital structure decision is critical for any firm for maximizing return to the various stake holders and also to enhance firms’ ability to operate in a competitive environment (A.M.Goyal 2013).Therefore, this study aim to analyze the impact of capital structure and dividend policy towards steel industries in India.

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