THE IMPACT OF LEVERAGE ON FINANCIAL PERFORMANCE OF TUNISIAN QUOTED FIRMS

Authors

  • Mohamed Aymen Ben Moussa Doctor in finance, faculty of economic sciences and management of Tunis, University el Manar
  • Amira El Feidi Doctor in finance, faculty of economic sciences and management of Tunis, University el Manar

Keywords:

Financial leverage, financial performance, firms, panel, ROA, Tunisian stock exchange, ROE

Abstract

Financial leverage is important to meet the requirements of firms and increase the investments. Leverage indicate the possible probability of growth and the ambitions of directors. On the other hand financial performance is necessary to ameliorate the management of firm by increase their revenues and decrease his expenses. This study attempts to understand the relationship between financial leverage and financial performance of Tunsian firms. By applying a panel static for a sample of 30 firms quoted in Tunsiian stock exchange for the period (2016...2021) we found that leverage has a positive impact on ROA but negative impact on ROE

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Published

2024-02-13

How to Cite

Mohamed, . A. B. M. ., & Amira, . E. F. . (2024). THE IMPACT OF LEVERAGE ON FINANCIAL PERFORMANCE OF TUNISIAN QUOTED FIRMS. British International Journal of Applied Economics, Finance and Accounting, 8(1), 26–41. Retrieved from https://aspjournals.org/Journals/index.php/bijaefa/article/view/566

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