The Impact of Liquidity and Leverage on Profitability: Evidence from India

dc.contributor.author	Reddy, Y.V.
dc.contributor.author	Parab, N.
dc.date.accessioned	2018-02-23T08:46:11Z
dc.date.available	2018-02-23T08:46:11Z
dc.date.issued	2018
dc.identifier.citation	IUP Journal of Accounting Research & Audit Practices. 17(1); 2018; 58-77.	en_US
dc.identifier.uri	http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=128065969&site=ehost-live
dc.identifier.uri	http://irgu.unigoa.ac.in/drs/handle/unigoa/5108
dc.description.abstract	The combination of liquidity variables and capital structure variables has been always a major concern for the financial managers in different companies. The present study attempts to analyze the relationship between liquidity and profitability and investigate the impact of financial leverage and liquidity on the financial performance of select pharmaceutical companies for the period from 2006-07 to 2015-16. The results of the study show that the liquidity of the companies which is reflected in the ongoing ability to pay financial obligations, affects the firm's capital structure. The increase in liquidity of the firm leads to decrease in the leverage and vice versa. However, no significant impact of leverage on profitability and capital structure is evidenced in the present study.	en_US
dc.publisher	IUP Publications	en_US
dc.subject	Commerce	en_US
dc.title	The Impact of Liquidity and Leverage on Profitability: Evidence from India	en_US
dc.type	Journal article	en_US
dc.identifier.impf	ugc