A (2013), Determinants of capital structure: Evidence from Hotel and Restaurant
companies in Sri Lanka. International journal of science and research
publication Online.3 (6), Pp. 1-8, Accessed date 25 November 2017. Available
L. (2011) The Determinants of Leverage of the Listed Textile Companies in India.European Journal of Business and Management
Online 3(12)Pp.54-60. Accessed 15
December 2017. Available at:
J. (2007) Debt policy and performance of SMEs: Evidence from Ghanaian and South
African firms. The Journal of Risk and
Finance Online 8 (4), Pp.364-379. Accessed 19 January 2018, Available
J. (2007). Industry classification and the capital structure on Ghanaian SMEs. Studies in Economics and Finance
Online.24, 207-219. Accessed 20 December 2017. Available at:
S. (2005). The determinants of capital structure for Australian multinational
and domestic corporations.Australian
journal of management. Online.Accessed 15 December 2017. Available
Ameer, R. (2013). Financial liberalization
and firms “capital structure adjustments evidence from Southeast Asia and
South America. Journal of Economics and
Finance Online 37 (1),Pp.1-32. Accessed 20 January 2018. Available
M. (2007). Determinants of capital structure of banks in Ghana: An empirical
approach. Baltic Journal of Management
Online 2 (1),Pp. 67-79. Accessed 24 January 2018. Available at:
A. Guney, Y. &Paudyal, K. (2008). The determinants of capital structure:
Market-oriented versus Bank-oriented institutions. Journal of Financial and Quantitative Analysis Online 43 (1), Pp.59-92.
Accessed 20 January 2018. Available at:
A. and Ege, I. and Yaz?c, N. (2013) A Panel Data Analysis of Capital Structure
Determinants: Empirical Results from Turkish Capital Market.International Journal of Economics and
Finance Online.5 (4), Pp.131-140. Accessed 16 December 2017. Available
(2013) Capital Structure Determinants: Evidence from Manufacturing and Services
Sector Companies in Sri Lanka. An
International Multidisciplinary Research Journal. Online 3(8), Pp.83-99.
Accessed 25 December 2017. Available at:
L, Aivazian. V, Demirg u¸C-Kunt. A and Maksimovic, V (2001) Capital Structures
in Developing Countries.Journal of
Finance Online.56(1), Pp.87-130. Accessed 12 December 2017. Available
(2013) capital Structure determinants Evidence from manufacturing and service
sector companies in Sri Lanka.An international
multidisciplinary research journal Online3 (4),Pp. 83-99. Accessed 22
December 2017.Available at:
and Gunaratne.P.S.M (2007), Target capital structure and dynamic adjustment an
empirical study of srilankan firms, 5-15.
J. (2004) Determinants of capital structure of Chinese-listed companies.Journal of Business researchOnline.57(12).
Pp1341-1351. Accessed 15 december 2017. Available at :
Y. H. andCheng, E. W. L. and Lam, P. T.
I. (2010). Epistemology of capital structure decisions by building contractors
in Hong Kong. Construction Innovation:
Information, Process, Management Online. 10 (3), Pp.329-345. Accessed 01
January 2018. Available at:
A. K. (2007). The impact of capital structure on the performance of
microfinance institutions. The Journal of
Risk Financ Online., 8 (1), Pp.56-71. Accessed 01 January 2018.
J. G., Valencia, J. B., & Mercado, O. A. E. (2011). Capital structure in
the manufacturing industry in Mexico. Advances in Competitiveness Research
(ACR), 19, 3-16.
Zoysa, A.Manawaduge, A. S.&Chandrakumara, A. (2009). Profitability analysis
of listed manufacturing companies in Sri Lanka and Malaysia: Asian Academy of Applied Business
Online.,Pp. 34-43. Accessed 02 January 2018. Available at:
&Masulis. (1980) Optimal capital structure under corporate and personal
taxation. Journal of financial economics
Online. 8 (1), Pp.3-29. Accessed 01 January 2018. Available at:
N.Vasiliou, D. &Neokosmidi, ZV. (2007). How firm characteristics affect
capital structure: An empirical study. Managerial
Finance Online. 33 (5), Pp.321-331. Accessed 01 December 2017.
F. Basyith, A., & Idris, M. (2013). The determinants of capital structure:
An empirical study of New Zealand-Listedfirms.
Asian Journal of Finance and Accounting
Online. 5(2), Pp.2-21. Accessed 06
december 2017. Available at:
(2017) Debt vs. Equity — Advantages and Disadvantages Online. Accessed 27 January 2018. Available at:
management (2017) Capital Structure Theory – Modigliani and Miller (MM)
Approach Online. Accessed 27 January 201. Available at:
D. Barros, L. A. and Nakamura, W. T. (2013) Determinants of capital structure
of small and medium sized Brazilian enterprises. Brazilian Administration Review Online. 10 (3), Pp.347-369.
Accessed 16 december 2017. Availableat:
A. Lang, S. &Spremann, K. (2010). Determinants of the target capital
structure and adjustment speed.Journal of
Reviews on Global EconomicsOnline. 4, Pp.225-241. Accessed 01 december
2017. Available at:
S. (2010). A review of optimal capital structure determinant of selected ASEAN
countries.International Research Journal
of Finance and EconomicsOnline. Pp.32-43.Accessed 28 November 2017.
and Anandasayanan, (2015) The Determinants of Leverage of Sri Lankan
Manufacturing Companies Listed on Colombo Stock Exchange. Research Journal of Finance and Accounting journal Online. 6(5),
Pp.1-8. Accessed 12 December 2017. Available at:
Journal of Academic Research in Accounting, Finance and Management Sciences, 2,
(2012)Factors influencing companies’ leverage: Evidence from Sri Lankan panel
data. South Asian Academic Research
Journals Online 2,Pp.50-63. Accessed 24 December 2017.
F. F. and Miller, MH (1958) The Cost of Capital, Corporation Finance, and the
Theory of Investment.American Economic
Review Online 48(3)Pp. 261-97. Accessed 22 december 2017. Available
S. (2001)Capital Structure.Journalof
Economic Perspectives Online 15 (2), Pp- 81-102. Accessed 26 December
2017. Available at:
, A .M. (2011) The determinants of capital structure of Palestine-listed
companies. The journal of Risk and
Finance Online. 12 (3), Pp. 226-241. Accessed 05 december 2017.
and Taylor, P. (2007) The Relationship between Capital Structure and Ownership
Structure: New Evidence from Jordanian Panel Data. Managerial Finance Journal. Online. 34 (12),Pp. 919-933.
Accessed 21 December 2017. Available at:
I.M. (2000). Financial Management, 8th edition, Vikas Publishing Housing Pvt.
B. (2010). The Determinants of Capital Structure: An empirical Analysis of
Listed Manufacturing Companies in Colombo Stock Exchange Market in Sri Lanka, ICBI University of KelaniyaOnline Pp.
1-15. Accessed 15 December 2017. Available at :
R.G. and Zingales, L (1995) What do we know about capital structure: Some
evidence from international data.Journal
of Finance Online 50(5)Pp. 1421-1460. Accessed 26 December 2017.
L.P. (1997) The cross section of expected returns of Sri Lanka.Sri Lankan Journal of ManagementOnline.
3, Pp. 233-250, Accessed 01 January 2018. Available at:
L.P. (1999) The capital structure of Sri Lankan companies.Sri Lankan Journal of Management Online. 4(1 & 2), Pp. 18-30.
Accessed 5 January 2018. Available
M. and Sivathasan, N (2013) Factors Determining Capital Structure: A Case study
of listed companies in Sri Lanka.Research
Journal of Finance and Accounting PaperOnline.4(6)Pp.236-247. Accessed
25 December 2017. Available at:
S. (1998) Pecking order of financing, empirical evidence in the Sri Lankan
capital market.Sri Lankan Journal of Management
Online..3(1&2),Pp. 35-51, Accessed 26 December 2017. Available at:
and Ranjani,R.P.C (2010) An empirical analysis on determinants of capital
structure in Sri Lankan companies, proceeding of the research symposium.University of Kelaniya Online.
Accessed 22 December 2017. Available at:
H.S. (2005) Capital structure determinants- an empirical study of Swedish
companies.Centre of Excellence for
Studies in Innovation and ScienceOnline. ,. 25. Accessed 28 December
2017. Available at:
(2005) A Study on Investment Appraisal and Profitability. Journal of Business Studies Online2; Pp.23-35. Accessed 15
December 217. Available at:
T.and Nimalathasan, B. (2010). Firm Size on Profitability: A Comparative Study
of Bank of Ceylon and Commercial Bank of Ceylon Ltd in Sri Lanka. Global Journal of Management and Business
ResearchOnline. 10(2), Pp.96–100. Accessed 15 January 2018. Available
R. and Sunitha, V. (2011) Determinants of Capital Structure in Sri Lanka. Institute of Management Studies
Online.Pp. 295-305. Accessed 16 January 2018. Available at:
R and Sangeetha (2011) “Determinants
of Capital Structure: A Study of Listed Manufacturing Companies of Colombo
Stock Exchange (CSE), Sri Lanka (Joint Research Paper) – in the
International Conference at Annamalai University, India.
.R. And Thanabalasingam.S (2012) The effect of profit margin on capital
structure A study of listed manufacturing companies in Sri Lanka.
J.K. (1999) How firm characteristics affect capital structure: An international
comparison.Journal of Financial Research
Online 22 (2), Pp. 161-187. Accessed 16 January 2018. Available at: