Impact of Debt Financing on Corporate Financial Performance (Evidence From Pakistan's Textile Firms)

2019 ◽  
Author(s):  
Muhammad ibrar
Keyword(s):  
Financial Performance ◽  
Debt Financing ◽  
Corporate Financial Performance

scholarly journals How Do the Human Capital Characteristics of Entrepreneurial Team Influence Corporate Financial Performance?

2020 ◽  
Vol 15 (9) ◽  
pp. 34
Author(s):  
Dan Long ◽  
Yu-jing Tang ◽  
Xiao-Zhi Fang ◽  
Ke-Chun Cai
Keyword(s):  
Human Capital ◽  
Financial Performance ◽  
Top Management Team ◽  
Listed Companies ◽  
Management Team ◽  
Debt Financing ◽  
Corporate Financial Performance ◽  
Upper Echelons Theory ◽  
Entrepreneurial Team ◽  
The Relationship

Researches on the direct impact of the characteristics of top management team on corporate financial performance have obtained many achievements for a long time. Little literatures studied the relationship between human capital characteristics of entrepreneurial team and corporate financial performance. Based on the Upper Echelons theory, this paper empirically tests the relationship among the characteristics of entrepreneurial team, debt financing scale and corporate financial performance. It collects 1221 valid data from the datasets of listed companies on ChiNext in 2014-2016. Using multiple regression analysis, this paper finds that human capital characteristics of entrepreneurial team have a significant impact on corporate financial performance as well as debt financing scale. Besides, the debt financing scale plays a partial mediating role. This paper enriches Upper Echelons theory by focusing on human capital characteristics of entrepreneurial team in new ventures. Previous studies usually pay their attention to the human capital characteristics of top management team in main board listed companies. Besides, by verifying the mediating effect of debt financing scale, this paper inspires to explore the indirect relationship between human capital characteristics of entrepreneurial team and corporate financial performance.

Corporate financial performance: a study based on the Carbon Efficient Index (ICO2) of Brazil stock exchange

2021 ◽  
Author(s):  
Carlos Rogério Montenegro de Lima ◽  
Samuel Borges Barbosa ◽  
Ruy de Castro Sobrosa Neto ◽  
Daniel Goulart Bazil ◽  
José Baltazar Salgueirinho Osório de Andrade Guerra
Keyword(s):  
Financial Performance ◽  
Stock Exchange ◽  
Corporate Financial Performance

scholarly journals Impact of Industry 4.0 on Corporate Financial Performance: A Moderated Mediation Model

2021 ◽  
Vol 13 (11) ◽  
pp. 6069
Author(s):  
Hong-Long Chen
Keyword(s):  
Financial Performance ◽  
Industry 4.0 ◽  
Structural Equation ◽  
Moderated Mediation ◽  
Mediating Effect ◽  
Equation Modeling ◽  
Corporate Financial Performance ◽  
Bootstrap Sampling ◽  
Mediation Effects ◽  
Moderated Mediation Model

Many studies advance the contemporary technologies of Industry 4.0. However, relatively little is known about how Industry 4.0 affects corporate financial performance. Using a survey, bootstrap sampling, and structural-equation modeling, this study evaluates the moderated mediation effects of Industry 4.0 maturity on financial performance. The results show that Industry 4.0 maturity significantly affects internal business process performance (IBPP), which influences customer performance through the mediating effect of supply chain performance (SCP), and IBPP and SCP affect financial performance fully through the mediating effect of customer performance. The results also show that Industry 4.0 maturity moderates the positive relationship between customer performance and financial performance. Customer performance and IBPP have the largest direct and total effects on financial performance in the context of Industry 4.0 implementation, respectively. The results indicate that Industry 4.0 magnifies the potential returns to companies mainly through IBPP, SCP, and customer performance. This study offers an enhanced understanding of the financial implications of Industry 4.0 implementation and provides insights into the factors through which Industry 4.0 maturity influences financial performance.

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