Capital structure and firm performance: Evidence from energy sector (Record no. 533071)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01997nam a22001457a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 260421b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Rao, Zia-ur-Rehman Huzaifa, Muhammad and Safdar, Raheel |
| 245 ## - TITLE STATEMENT | |
| Title | Capital structure and firm performance: Evidence from energy sector |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | Journal of Social and Economic Development |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 27(3), Dec, 2025: p.846-862 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | The optimal mix of debt and equity capital is critical for significantly reducing a firm's cost of capital and improving overall performance. This study investigates the impact of capital structure on firm performance in the energy sector, focusing on companies listed on the Pakistan Stock Exchange (KSE-100 index). Using data collected from financial statements and the Pakistan Stock Exchange website from 2011 to 2020, the study employs multiple linear regression analysis to examine the relationship between capital structure and firm profitability. Firm performance is measured using return on assets and net profit margin as key indicators. The findings suggest that the debt ratio has a significant positive impact on firm performance. Firm size and liquidity positively influence financial performance, whereas growth exhibits a negative impact. The positive impact of liquidity and firm size suggests that firms should focus on improving operational efficiency and financial flexibility. The negative effect of growth on firm performance indicates the need for such growth strategies that are aligned with financial sustainability. The study provides key implications for financial decision-makers, policymakers, and investors highlighting the importance of maintaining an optimal debt level to enhance firm profitability and financial stability.-Reproduced https://link.springer.com/article/10.1007/s40847-025-00442-z |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Capital structure, Financial performance, Energy sector, Growth |
| 9 (RLIN) | 60146 |
| 773 ## - HOST ITEM ENTRY | |
| Main entry heading | Journal of Social and Economic Development |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Item type | Articles |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Permanent location | Current location | Date acquired | Serial Enumeration / chronology | Barcode | Date last seen | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Indian Institute of Public Administration | Indian Institute of Public Administration | 2026-04-21 | 27(3), Dec, 2025: p.846-862 | AR138583 | 2026-04-21 | Articles |
