The Relationship between Firm Performance and Capital Structure: Evidence from Taiwan

Autor: Gurdip Singh Batra
Jazyk: angličtina
Rok vydání: 2018
Předmět:
Zdroj: Iranian Journal of Accounting, Auditing & Finance, Vol 2, Iss 1 (2018)
Druh dokumentu: article
ISSN: 2717-4131
2588-6142
DOI: 10.22067/ijaaf.v2i1.68508
Popis: The purpose of this study is to investigate the relationship between capital structure and firm’s financial performance by using five years data from 2011 to 2016 of Taiwan exchange listed companies. The data has been analyzed by using descriptive statistics, correlation analysis to find out the association between the variables and t-statistics to test the hypothesis. The findings at overall market as well as sector levels were unspectacular but remarkably consistent. Capital structure and various financial parameters exhibit correlation coefficients that were mixed in signs with relatively weak correlation strength. Further the results suggest that t-test statistics registered statistical insignificance for the three research objectives.
Databáze: Directory of Open Access Journals