The Influence of Capital Structure on Stock Returns – An Empirical Study on Industrial Companies

Autor: Laith Faris Abu Khader, Mohammed Jamal AlZou’bi, Ammar Daher Bashatweh
Rok vydání: 2020
Předmět:
Zdroj: Research in World Economy. 11:362
ISSN: 1923-399X
1923-3981
DOI: 10.5430/rwe.v11n6p362
Popis: This study aims to examine the influence of Capital Structure on Stock Returns in Industrial Jordanian companies listed in ASE. The data collected for 60 Industrial companies in the ASE listed during 2014 – 2018. The study concluded that the Long term debt to equity, Short term debt to equity, and total debt to total assets have a positive effect on stock return and the conclusions advise that industrial companies in Jordan must focus on short-term borrowing and reduce the long-term borrowing to avoid the company's inability to afford more interests.
Databáze: OpenAIRE