The role of debt financing in the relationship between capital structure, firm’s value, and macroeconomic factors: To throw caution to the wind

• Main Authors: Sadiq, Misbah, Yousaf, Sheikh Usman, Anser, Muhammad Khalid, Rashid Khan, Haroon ur, Sriyanto, Sriyanto, Zaman, Khalid, Duong, Van Tu, Mohd. Anis, Siti Nisrin
• Format: Article
• Published: Elsevier B. V. 2020
• Subjects: H Social Sciences (General)
• Online Access: http://eprints.utm.my/id/eprint/91078/; http://dx.doi.org/10.1016/j.qref.2020.11.001
• Institution: Universiti Teknologi Malaysia

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...