Title:Levered capital structure: boom or doom for long-term sustainabilityYear: 2016

Authors: Dr. Shailesh Rastogi
Journal: Sona Global Management Review
Publication date: 2016
Publisher: Sona Global Management Review
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Performance of a company is related to its capital structure and literature supports this. But when we take into account a particular type of capital structure like high leverage, we need to answer different set of questions. We compare the performance of such companies in both the situations when the economy is doing good and when economy is not doing good. This paper has studied this that how the high leverage and performance of companies are linked for long-term sustainability. Three set of data analytics tools have been used and all the three are supporting this view that performance of companies and high debt are not linked for long-term sustainable performance of the companies.