• Dr. Nirmala J

Well-blended capital structure act as a base for the company to raise loans and advances including deposits. Further, the optimal capital structure is a supporting factor to design capital budgeting techniques. The judicious application of funds is not unlikely to be in vain. A study on optimal capital structure is an empirical analysis of FMCG sector related companies listed in the Bombay Stock Exchange. As it mainly depends on secondary data, the researcher has collected data from Capitaline Database. The source of data has been collected for a period of 5 years from 2011 to 2015. The study is analytical analysis in nature.

Capital structure, BSE, Empirical analysis, leverage, FMCG, Fixed effect model, Random effect model, Hausman test , market capitalization

"Optimal Capital Structure: An Empirical Analysis of Select firms in FMCG Sector", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.7, Issue 12, page no.275-283, December-2020, Available :http://www.jetir.org/papers/JETIR2012236.pdf

"Optimal Capital Structure: An Empirical Analysis of Select firms in FMCG Sector", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 12, page no. pp275-283, December-2020, Available at : http://www.jetir.org/papers/JETIR2012236.pdf