CAPITAL STRUCTURE AND FINANCIAL PERFORMANCE: EVIDENCE FROM SELECTED BUSINESS COMPANIES IN COLOMBO STOCK EXCHANGE SRI LANKA

Authors

  • Puwanenthiren Pratheepkanth Department of Accounting, University of Jaffna, Sri Lanka

Keywords:

Capital Structure, Performance, Business Companies

Abstract

Capital structure is most significant discipline of company’s operations. This researcher constitutes an attempt to identify the impact between Capital Structure and Companies Performance, taking into consideration the level of Companies Financial Performance. The analyze has been made the capital structure and its impact on Financial Performance capacity during 2005 to 2009 (05 years) financial year of Business companies in Sri Lanka. The results shown the relationship between the capital structure and financial performance is negative association at -0.114. Co-efficient of determination is 0.013. Fand t values are 0.366, -0.605 respectively. It is reflect the insignificant level of the Business Companies in Sri Lanka. Hence Business companies mostly depend on the debt
capital. Therefore, they have to pay interest expenses much

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Published

23-08-2021

How to Cite

Puwanenthiren Pratheepkanth. (2021). CAPITAL STRUCTURE AND FINANCIAL PERFORMANCE: EVIDENCE FROM SELECTED BUSINESS COMPANIES IN COLOMBO STOCK EXCHANGE SRI LANKA. Researchers World - International Refereed Social Sciences Journal, 2(2), 171–183. Retrieved from https://researchersworld.com/index.php/rworld/article/view/206

Issue

Vol. 2 No. 2 (2011)

Section

Articles

License

Copyright (c) 2011 ERM Publications