ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Indian Railways : Capital Structure and Dividend Policy

The question of dividend payout is one of the prime challenges in railway finance in India. Though the rate of dividend payable to general revenue is the sole prerogative of the Railway Convention Committees, this paper makes an attempt to relate the issue of dividend payment in terms of the capital structure as well as cost of capital.

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