This paper examines the pattern of corporate financing, particularly, behavior and composition of internal sources of funds. As firms' capacity to generate funds internally are mostly affected by reserves and surplus, and depreciation provisions, this paper discusses how corporation taxation...

This paper examines the financing pattern of private corporate sector in India. Several studies in the last three decades have increasingly emphasized the role of finance in influencing investment activities of firms. In India, the state had actively fostered the development of financial system...