Capital structure and firm performance: Evidence from energy sector (Record no. 533071)

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
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration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

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