The Impact of Capital Structure on Tangible Social Value Added of the Telecommunication Industry in India

This paper aims to examine the impact of Social Value Added (SVA) on capital structure (CS) with respect to top five companies in the Telecommunication Industry in India. The SVA comprises tangible and intangible value created by the firm; however, the present study focuses only on the tangible value added variables for a period of five years from 2015-16 to 2019-20. The data for the study were collected from the annual reports of the respective samplefirms. The study used correlation and regression analysis for studying the impact of CS on SVA. The results showed that there is a significant impact of the CS on SVA of Telecommunication industry in India.