Undertake a review of the current literature to identify the key

Undertake a of the current to get word the key determinants of capital construction since the planetary financial crisis - Literature review ExampleUndertake a review of the current literature to identify the key determinants of capital organise since the global financial crisisIt is duly considered to be an important aspect and all(prenominal) organisation is required to consider it in order to make sure that the operations are conducted in an efficient manner. Moreover, Miller (2003) signified that capital organize impose direct impact in the foreign mission and also in the operations of an organisation. A proper assessment and maintenance of capital will eventually facilitate in managing the financial operations of an organisation effectively (Miller, 2003). With this concern, this paper intends to discuss about identifying the major determinants of the capital structure impacting business organisations since the worldwide financial crisis. Literature Review Capital Struc ture is an measurable Facilitator for Financial Decisions According to Baker & Wurgler (2002), capital structure plays a decisive role in devising effective financial decisions. The authors affirmed that counselling of business organisations utilise capital structure in do better exploitation of accessible financial recourses. It also assists in having a proper assessment and estimating their shares in the business markets. Additionally, the management with the assistance of capital structure is capable to determine the quantity of leverage that it possesses in the marketplace and also in comparison with other organisations. (Mahmud & et. al., 2009 Baker & Wurgler, 2002). Baker & Martin (2011) noted that capital structure is an important instrument of making effective decisions in relation to various significant aspects that include dividend decisions, management decision making along with financial decisions among others. According to Baker & Martin (2011), three important theo ries of capital structure encompass the market timing theory, the tradeoff theory and the pecking order theory. In this regard, the trade-off theory is a model on the basis of which tax benefits and liabilities are calculated to maintain a stable balance of financial considerations of business organisations. The pecking order theory provides important and valuable information, aiding in identifying problems, so that the management of organisations can adopt appropriate measures to mitigate such problems. The market timing theory is a model, which assists management of business organisations in ascertaining the appropriate time of issuing shares in the market. In this regard, Baker & Martin (2011) welcome also implied that management of business organisations with the assistance of these theories will be facilitated with the opportunity of making effective investiture decisions and attaining superior competitive position (Baker & Martin, 2011 Laugi & Sorin, 2009). Determinants of C apital Structure since the Global Financial Crisis According to Bauer (2004), the capital structure of business organisations mainly comprise various vital factors such as size, tangibility, profitability, industry classification, tax and emersion opportunity among others. It can be affirmed that these vital factors associated with the notion of capital structure impose big impact upon the financial transactions along with the operations of an organisation in an immerse manner. Additionally, the