The purpose of this study is to investigate if some firm specific factors such as firm size, profitability, firm risk, net tangible assets & the sector to which the firm belongs have an effect on the capital structure of the firm. The sample on which the study is conducted consists of 320 randomly chosen firms. A cross-sectional regression analysis was used to find if firm factors had any significant effect on capital structure. With a few exceptions the majority of results are consistent with previous research and theory.