Theorem proves that it has no effect on the value of firm the importance of these issues has only motivated researchers to examine the relationship between capital structure and firms financial performance the objective of this study was to establish the effects of capital structure on financial performance of listed firms on. This study investigates relationship between the capital structure and firm performance the main hypothesis is that financial leverage positively affects firm activity through disciplining managers, tax shield and signaling effects using the sample of 165 thousand ukrainian firms over 2001-2010 we found that relationship. Abstract this paper tends to investigate the impact of capital structure on the firm performance of the firms from the non- financial sector of pakistan non-financial firms listed on karachi stock exchange are taken as the sample size for the study for measuring the performance of the firms return on assets (roa), return on. Abstract: this paper investigates the effect of capital structure decisions on firm performance using a sample of 22listed non-financial firms on the nigerian stock exchange for a period of five years (2011 – 2015) the study examined the impact of stdta, ltdta, and tdte (being the explanatory variables) on roa and. Investigate the effect of capital structure on firm performance of financial sector in the indonesia stock exchange (idx) during 2009 to 2013 panel data analysis was applied to estimate the relationship between capital structure and firm performance the results of the study shows that capital structure has negative effect.
2014 the study used multiple regression analysis method to explore the impact of capital structure on firm performance the results revealed that interest coverage has positive significant impact on roa, roe and roic where de has positive significant impact on roe but negative significant impact on roa and roic. This study seeks to investigate the impact of capital structure on firm performance in nigeria from 2000 to 2010 we considered the impact of some key macroeconomic variables (gross domestic product and inflation) on firm performance the traditional theory of capital structure was employed to determine the significance. Abstract: the purpose of this paper is to empirically investigate the impact of capital structure on firm performance multiple regression analysis is used in the study in estimating the relationship between the leverage level and firm's performance using four of accounting-based measures of financial performance (ie return.
Effect of capital structure on the performance of firms in nigeria adebayo yinka adeyiga [email protected] [email protected] +2347034780892 +2347034780892 introduction financing is one of the crucial areas in a firm, a financing manager is concerned with the. Structure on firm performance this study examined the impact of capital structure on firm performance of manufacturing sector smes in uk for the period of 1998- 2008 the authors hypothesize that there is a negative relationship between capital structure and firm performance to examine the association, the authors run a. The thesis examines the dynamic impact of capital structure on firm performance in nigeria the aims of this thesis are first, to investigate the impact of capital structure of firms on their performance in a dynamic framework this is unlike previous studies in the capital structure literature that have used static analysis second.
The paper tries to examine the impact of capital structure on the financial firm performance of industrial companies in turkey the annual financial statements of 136 ind. Abstract: the capital structure decision plays an important role in the performance of a firm therefore, there have been many studies inspecting the rapport of capital structure with the performance of firms, although the findings of these studies are inconclusive in addition, there is a relative deficiency of.
However, the extent literature is full of theories on capital structure since the seminal work of mm the main focus of this study is that no prior research work was done in pakistani market on the impact of capital structure decisions on firm performance in the cement industry, which is considered capital intensive industry. The comparison of impact from capital structure to corporate per- formance between chinese and european listed firms author: tianyu he tutor: urban österlund date: 2013-08-15 subject terms: capital structure, firm performance, effect, comparison, listed companies abstract capital structure and companies. Abstract this paper studies the impact of capital structure or financial leverage on firm financial performance a sample size of 422 listed indian manufacturing companies on bombay stock exchange (bse) has been taken to analyze the relationship between leverage and firm performance a period of 10 years from. Despite the theories regarding the capital structure decision and the work done in this area starting from the modigliani and miller (1958) we still don't see any clear picture on which the best capital structure is for a company while addressing the issue of what is the best capital structure for a firm, we have to keep in mind a.
This study seeks to investigate the impact of capital structure on firm performance in nigeria from 2000 to 2010 we considered the impact of some key macroeconomic variables (gross domestic product and inflation) on firm performance the traditional theory of capital structure was employed to determine. Purpose the purpose of this study is to empirically inves –-tigate the impact of capital structure on firm performance research design, data, and methodology this study exam –-ined the impact of capital structure on the performance of cement companies listed on the karachi stock exchange during the period 2009- 2013.
When imperfections of real markets are taken into account, however, capital structure can have a substantial impact on firm performance (abor, 2005 denis 2012) modigliani and miller (1963) found that higher leverage leads to increased performance due to tax benefits developments in capital structure research during. However, results relating capital structure and corporate performance differ across scholars solihah and taswan (2002) demonstrate the positive but insignificant influence of leverage on firm value however, the capital structure measure (measured by debt to equity ratio) finds a positive and significant effect on the price. Panel econometric techniques namely pooled ordinary least squares (ols), fixed effects, and random effects were used to investigate the impact of capital structure on performance of non-financial firms listed on the karachi stock exchange pakistan during 2004-2009.
Abstract: this study examines the capital structure and firm performance evidence from nigeria the study employed a sample size of 100 non-financial firms of listed nigerian companies in the nigerian stock exchange (nse) for a period of 2010 to 2014 the annual financial statements have been examined using a panel. Iii abstract capital structure effect on firms' performance: evidence from saudi listed companies by suleiman alawwad september 16, 2013 this study investigates the impact of capital structure on the performance of non-financial firms operating in saudi arabia for the period between 2008 and 2012 sample data. Keywords: capital structure, firm performance, panel data, debt ratio introduction capital structure has been a popular research topic among the financial scholars as such various studies were conducted to examine the effect of capital structure decision and firm performance (adami, gough, muradoğlu, & sivaprasad.