"The role of debt financing in the relationship between capital structu" by Misbah Sadiq, Sheikh Usman Yousaf et al.
The role of debt in capital structure and firms' performance has a great novelty in reducing market imperfections that improve firms' value. This study integrated the qualitative and quantitative aspects of capital structure and firms' performance in 56 stock exchange-listed companies of Jordan by using the time series data from 2012 to 2016. The results confirmed the “stewardship theory,” "pecking order theory," and “concentrated ownership theory,” while contrac...
Source: uow.edu.au