The effect of capital structure on profitability: an empirical analysis of listed firms in Ghana

By J. Abor. 2005

1,159 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/76c0368fcc6fccd2d99c2a65cef0b70209b39201

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Citations in the corpus

Empirical Examination of the Financial Performance of Islamic Banking in Nigeria : A Case Study Approach (2015, background): “Abor (2007) in his scholarly works on leverage policy and performance of Medium Sized Enterprises found the effect of short-term leverage to be significantly and negatively associated with gross profit margin for both Ghana and South African firms.”
Moderating effects of corporate governance mechanism on the relation between capital structure and firm performance (2021, background): “Furthermore, Arbor (2007) examined the relationship between capital structure and performance of SMEs in Ghana and South Africa over the 6-years (1998–2003). Empirical results show a significant negative relationship between short-term debt and the gross profit margin of the two countries and a sign”
The Impact of Capital Structure on Firm Performance: Evidence from Vietnam (2020, background): “Abor (2005), Arbabiyan and Safari (2009) found a positive correlation between the ratio of short-term debt to total assets and business performance and an inverse correlation between the ratio of long-term debt to total assets and business outcomes (measured by ROE).”
Determinants of Financial Sustainability of Microfinance Institutions in East Africa (2013, background): “Other studies (Uwalomwa and Uadiale, 2012; Abor, 2005; Bokpin, 2009) examined the relationship between short term debt and/or long term debt and the performance of firms. Using 31 listed companies on the floor of the Nigerian Stock Exchange over a period of 5 years (i.e. 2005 – 2009), Uwalomwa and U”
Debt policy and performance of SMEs; Evidence from Ghanaian and South African Firms (2007, background): “The capital structure of a firm is a specific mix of debt and equity the firm uses to finance its operations ( Abor, 2005”
The relationship of capital structure decisions with firm performance: A study of the engineering sector of Pakistan (2012, methodology): “Whereas Abor (2007) used both accounting based variables and Tobin’s Q based variables to measure performance. In this study, three accounting based measures and a Tobin’s Q based measure of performance were used. The first measure is the return on assets (ROA) which is calculated by taking the rati”
A conceptual framework for identifying financing preferences of SMEs (2015, background): “The literature also states that most of the SMEs in developing countries are dependent on short-term debt (Abor, 2005; Abor, 2007a; Abor & Biekpe, 2009; Odit & Gobardhan, 2011; Yartey, 2011).”
Factors affecting profitability in Malaysia (2018, background): “Some studies have argued that companies have higher returns when they operate with a larger amount of borrowed funds, but there is a negative influence on longterm debt (Abor, 2005).”
Capital Structure and Corporate Performance: Empirical Study on the Public Jordanian Shareholdings Firms Listed in Amman Stock Market (2012, positive): “Abor(2005) noted that various capital structure measure which represented short term debt , long term debt and total debt associated negatively and statistically with firm performance .The conclusion refers to that firms rely on borrowing extremely , it will not achieve tax shields and then it lead ”
Determinants of capital structure: an empirical study of firms in Iran (2015, positive): “Amidu (2007) and Abor and Biekpe (2009) concluded that asset structure is negatively associated with short-term debt ratio, but positively associated with long-term debt ratio. Also Booth et al. (2001) concluded that there is a negative relationship between asset structure ratio and total debts rati”