Capital Structure and Firms’ performance: Evidence form UK Listed Firms
This study is to investigate the effect which capital structure has had on firms’ performance using a panel data sample representing of 346 UK listed firms during 2004-2007. The result showed that a firm’s capital structure had a significant negative impact on the firm’s performance measure of retur...
| Main Author: | |
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2010
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| Online Access: | https://eprints.nottingham.ac.uk/23923/ |
| _version_ | 1848792660125417472 |
|---|---|
| author | Jin, Han |
| author_facet | Jin, Han |
| author_sort | Jin, Han |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | This study is to investigate the effect which capital structure has had on firms’ performance using a panel data sample representing of 346 UK listed firms during 2004-2007. The result showed that a firm’s capital structure had a significant negative impact on the firm’s performance measure of return on assets. This study also found that the short-term debt to total assets (STDTA) and long-term debt to total assets (LTDTA) have a negative effect on the firm’s return on assets as well. Moreover, a firm’s size and firm’s growth opportunity has been found to have a significant and positive effect on a firm’s return on assets, whereas the risk has been found to have negative relationship with the firm’s return on assets. |
| first_indexed | 2025-11-14T18:47:56Z |
| format | Dissertation (University of Nottingham only) |
| id | nottingham-23923 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T18:47:56Z |
| publishDate | 2010 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-239232018-01-25T22:00:56Z https://eprints.nottingham.ac.uk/23923/ Capital Structure and Firms’ performance: Evidence form UK Listed Firms Jin, Han This study is to investigate the effect which capital structure has had on firms’ performance using a panel data sample representing of 346 UK listed firms during 2004-2007. The result showed that a firm’s capital structure had a significant negative impact on the firm’s performance measure of return on assets. This study also found that the short-term debt to total assets (STDTA) and long-term debt to total assets (LTDTA) have a negative effect on the firm’s return on assets as well. Moreover, a firm’s size and firm’s growth opportunity has been found to have a significant and positive effect on a firm’s return on assets, whereas the risk has been found to have negative relationship with the firm’s return on assets. 2010-09-22 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/23923/1/DT_Final_JH.pdf Jin, Han (2010) Capital Structure and Firms’ performance: Evidence form UK Listed Firms. [Dissertation (University of Nottingham only)] (Unpublished) |
| spellingShingle | Jin, Han Capital Structure and Firms’ performance: Evidence form UK Listed Firms |
| title | Capital Structure and Firms’ performance: Evidence form UK Listed Firms |
| title_full | Capital Structure and Firms’ performance: Evidence form UK Listed Firms |
| title_fullStr | Capital Structure and Firms’ performance: Evidence form UK Listed Firms |
| title_full_unstemmed | Capital Structure and Firms’ performance: Evidence form UK Listed Firms |
| title_short | Capital Structure and Firms’ performance: Evidence form UK Listed Firms |
| title_sort | capital structure and firms’ performance: evidence form uk listed firms |
| url | https://eprints.nottingham.ac.uk/23923/ |