In summary, literature review shows that CEO tenure, CEO duality, board size, small business growth, and
family influence the capital structure of firms. Hence the following hypotheses are formulated:
H1) Capital structure of small business service firms in India is positively affected by the CEO tenure.
H2) Capital structure of small business service firms in India is positively affected by the CEO duality.
H3) Capital structure of small business service firms in India is positively affected by the board size.
H4) Capital structure of small business service firms in India is positively affected by the small business growth.
H5) Capital structure of small business service firms in India is positively affected by family.
Conjecture: There might be CEO gender differences regarding the nature of the relationship between the factors
and the financial leverage of small business service firms in India