The Impact of Capital Structure On Firm Performance: Evidence From Pakistan.

Autor: Alam, Waleed, Habib, Muhammad Nauman, Zahid, Muhammad
Předmět:
Zdroj: Discourse (2521-5337); Jan-Jun2019, Vol. 5 Issue 1, p23-35, 13p
Abstrakt: The purpose of this study was to investigate the impact of capital structure on firm performance. A whole population of 155 Non-financial textile sector companies listed at Karachi Stock Exchange (KSE) were taken as census for data analysis for the period 2007-2012. For this purpose, data was collected through Financial Statement Analysis (FSA) report given on the SBP website. After the collection of Time series, Panel data two different tests correlation and regression analysis were run as a statistical tool for data analysis. Correlation test was conducted to check the percentage of association between dependent and independent variables. While regression analysis was conducted to check the impact of capital structure on firm performance. Econometrics model was run through regression. In the model, dependent variable return on assets was regressed on two independent variables debt and equity, Data analysis was done through SPSS. Results showed a statistical significant association between independent variables debt and equity with dependent variable return on assets. Hence, it was concluded that capital structure is linked firm performance. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index