The relationship between capital structure and performance of non-financial firms listed in Amman Stock Exchange

The main objective of the current study is to examine the relationship between capital structure and firm’s performance particularly focusing on the Jordanian firms listed on Amman Stock Exchange. The current study uses 95 sample firms from non-financial firms listed on Amman Stock Exchange. The per...

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Main Author:	Alfawareh, Faraj Salman Hameed
Format:	Thesis
Language:	eng eng eng
Published:	2019
Subjects:	HG Finance
Online Access:	https://etd.uum.edu.my/8205/1/s824520_01.pdf https://etd.uum.edu.my/8205/2/DEPOSIT%20PERMISSION_s824520.pdf https://etd.uum.edu.my/8205/3/824520%20REFERENCES.docx
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id	my-uum-etd.8205
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng eng
advisor	Md Rus, Rohani
topic	HG Finance
spellingShingle	HG Finance Alfawareh, Faraj Salman Hameed The relationship between capital structure and performance of non-financial firms listed in Amman Stock Exchange
description	The main objective of the current study is to examine the relationship between capital structure and firm’s performance particularly focusing on the Jordanian firms listed on Amman Stock Exchange. The current study uses 95 sample firms from non-financial firms listed on Amman Stock Exchange. The period of study is 5 years (2013-2017). The series of regressions have been shown and the results are reported based on fixed effect model. The findings show that all variables represent capital structure by Long Term Debt to Total Assets, Total Debt to Total Assets, Size, Sales Growth, Tangibility, and Liquidity have the relationship with firm’s performance represent by ROA and Tobin’s Q. Total Debt to Total Assets and growth have a positive significant relationship with firm’s performance. Meanwhile, The Long-Term Debt to Total Assets and Liquidity show insignificant relationship with firm’s performance. Similarly, Tangibility has a significant negative relationship with ROA and Tobin’s Q.
format	Thesis
qualification_name	other
qualification_level	Master's degree
author	Alfawareh, Faraj Salman Hameed
author_facet	Alfawareh, Faraj Salman Hameed
author_sort	Alfawareh, Faraj Salman Hameed
title	The relationship between capital structure and performance of non-financial firms listed in Amman Stock Exchange
title_short	The relationship between capital structure and performance of non-financial firms listed in Amman Stock Exchange
title_full	The relationship between capital structure and performance of non-financial firms listed in Amman Stock Exchange
title_fullStr	The relationship between capital structure and performance of non-financial firms listed in Amman Stock Exchange
title_full_unstemmed	The relationship between capital structure and performance of non-financial firms listed in Amman Stock Exchange
title_sort	relationship between capital structure and performance of non-financial firms listed in amman stock exchange
granting_institution	Universiti Utara Malaysia
granting_department	School of Economics, Finance & Banking
publishDate	2019
url	https://etd.uum.edu.my/8205/1/s824520_01.pdf https://etd.uum.edu.my/8205/2/DEPOSIT%20PERMISSION_s824520.pdf https://etd.uum.edu.my/8205/3/824520%20REFERENCES.docx
_version_	1747828350769954816
spelling	my-uum-etd.82052021-05-04T04:29:41Z The relationship between capital structure and performance of non-financial firms listed in Amman Stock Exchange 2019 Alfawareh, Faraj Salman Hameed Md Rus, Rohani School of Economics, Finance & Banking School of Economics, Finance & Banking HG Finance The main objective of the current study is to examine the relationship between capital structure and firm’s performance particularly focusing on the Jordanian firms listed on Amman Stock Exchange. The current study uses 95 sample firms from non-financial firms listed on Amman Stock Exchange. The period of study is 5 years (2013-2017). The series of regressions have been shown and the results are reported based on fixed effect model. The findings show that all variables represent capital structure by Long Term Debt to Total Assets, Total Debt to Total Assets, Size, Sales Growth, Tangibility, and Liquidity have the relationship with firm’s performance represent by ROA and Tobin’s Q. Total Debt to Total Assets and growth have a positive significant relationship with firm’s performance. Meanwhile, The Long-Term Debt to Total Assets and Liquidity show insignificant relationship with firm’s performance. Similarly, Tangibility has a significant negative relationship with ROA and Tobin’s Q. 2019 Thesis https://etd.uum.edu.my/8205/ https://etd.uum.edu.my/8205/1/s824520_01.pdf text eng public https://etd.uum.edu.my/8205/2/DEPOSIT%20PERMISSION_s824520.pdf text eng staffonly https://etd.uum.edu.my/8205/3/824520%20REFERENCES.docx text eng public other masters Universiti Utara Malaysia Abor, J. (2005). The effect of capital structure on profitability: an empirical analysis of listed firms in Ghana. Journal of Risk Finance, 6 (5), 438-445. Abor, J. (2007), Debt policy and performance of SMEs: evidence from Ghanaian and South Africa firms, Journal of Risk Finance, Vol. 8, pp. 364-79. Abutawahina, M. (2015). 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The relationship between capital structure and performance of non-financial firms listed in Amman Stock Exchange

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