IDEAS home Printed from https://ideas.repec.org/a/hur/ijaraf/v4y2014i1p287-292.html
   My bibliography  Save this article

Capital Structure and Corporate Performance of Romanian Listed Companies

Author

Listed:
  • Raluca-Georgiana Moscu

    ()

Abstract

This research has the purpose to examine the relationship that is established between capital structure and profitability of company for a sample of 53 companies listed on the Bucharest Stock Exchange, in 2010-2012. The results indicate that firm’s performance, which is measured by ROA, ROE, RCA and MBR is significantly influenced by the degree of capital structure. Overall, in our study you may observe that firm’s performance expressed by the Economic Return is positively influenced by the capital structure degree and it is expressed by the Financial Return - ROE, net sales margin rate - RCA Earnings per share - EPS, Market to Book Ratio - MBR is negatively affected by capital structure.

Suggested Citation

  • Raluca-Georgiana Moscu, 2014. "Capital Structure and Corporate Performance of Romanian Listed Companies," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 4(1), pages 287-292, January.
  • Handle: RePEc:hur:ijaraf:v:4:y:2014:i:1:p:287-292
    as

    Download full text from publisher

    File URL: http://hrmars.com/hrmars_papers/Article_32_Capital_Structure_and_Corporate_Performance_of_Romanian_(1).pdf
    Download Restriction: no

    File URL: http://hrmars.com/hrmars_papers/Article_32_Capital_Structure_and_Corporate_Performance_of_Romanian_(1).pdf
    Download Restriction: no

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:blg:reveco:v:69:y:2017:i:3:p:123-132 is not listed on IDEAS

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hur:ijaraf:v:4:y:2014:i:1:p:287-292. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Hassan Danial Aslam) or (Mikhail Salazkin). General contact details of provider: http://hrmars.com/index.php/pages/detail/Accounting-Finance-Journal .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.