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100			_aBawa, Jaslene _9119824
245		0	_aComparative Analysis of Capital Structure Decisions
260			_bEconomic and Political Weekly
260			_c2024
520			_aThis research investigates the shifts in the capital structure of publicly traded firms in both developed and developing nations throughout the phases of the COVID-19 pandemic. Examining data spanning from 2015 to 2023, the study analyses 350 US firms, comprising 2,800 firm-year observations from the S&P-500, and 209 Indian firms, encompassing 1,672 firm-year observations from NIFTY-500. The findings highlight contrasting responses to the crisis: Indian companies, amid heightened uncertainty, reduced debt levels, actively repaying debts to mitigate bankruptcy risks, and exploring alternative funding avenues like equities. Conversely, US firms increased debt levels, capitalising on easier market access and low interest rates. The analysis also reveals varied associations between firm characteristics and debt levels across the two countries.
650			_a Bankruptcy Risks _9119825
650			_a Publicly Traded Firms _9119826
650			_aCOVID-19 Pandemic _9119827
700			_a Basu, Sankarshan _9119828
700			_a Nevatia, Ujvin _9119829
856			_uhttps://www.epw.in/system/files/pdf/2024_59/21/mbflix21jaslene-bawa25052024.pdf
999			_c133557 _d133557