DETERMINANTS OF RETAINED EARNINGS IN PROFITABLE STEEL COMPANIES IN INDIA: A STUDY OF STEEL SECTOR

Sohaib Masood

doi:10.29121/granthaalayah.v6.i1.2018.1633

Authors

Dr. Sohaib Masood Assistant Professor - Secretarial Practice Section, University Women’s Polytechnic, Aligarh Muslim University, Aligarh, India

DOI:

https://doi.org/10.29121/granthaalayah.v6.i1.2018.1633

Keywords:

Retained Earnings, Multiple Linear Regression, PAT, DP, RES, CR, DER, INVS, INV, DEP, CF, CT

Abstract [English]

In this paper an attempt has been made to identify the important determinants of retained earnings in profitable steel companies in steel sector of India and which have impact on the retention of earnings of steel companies under study. Multiple linear regression is used to identify the determinants of retained earnings for a period of sixteen years. Also the importance of retained earnings as a source of finance for steel sector companies is also studied in the paper.

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