Capital Structure and Financial Performance: Evidence from Sugar Industry in Karachi Stock Exchange Pakistan
Journal Title: International Journal of Academic Research in Accounting, Finance and Management Sciences - Year 2014, Vol 4, Issue 4
Abstract
This study is attempted to identify the impact between capital structure and performance in which core area is financial performance of sugar companies listed in Karachi Stock Exchange Pakistan (KSE Pakistan). For this purpose secondary data was utilized from company’s financial reports, annual reports and state bank of Pakistan (SBP) Financial review for the period of six years (2006-2011). The results show that there is weak positive correlation between capital structure and financial performance at 0.354. Coefficient of determination is .125. F and T values are 28.060 and -5.297 respectively which shows insignificant level of the sugar companies listed in KSE Pakistan.
Authors and Affiliations
Sohail Younus, Khurram Ishfaq, Muhammad Usman
Keywords
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- EP ID EP137284
- DOI 10.6007/IJARAFMS/v4-i4/1344
- Views 106
- Downloads 0
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