Impact of Capital Structure on the Profitibality of Petroleum Sector in Pakistan

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Dr. Syed Atif Ali
Dr. Syed Atif Ali
σ
Dr. Shahid A Zia
Dr. Shahid A Zia
ρ
Amir Razi
Amir Razi
α to ρ University of Lahore

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Impact of Capital Structure on the Profitibality of Petroleum Sector in Pakistan

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Abstract

This study aims to analyze the impact of capital structure on the profitability of petroleum sector of Pakistan, while controlling the size of the company. A total of 12 companies were selected randomly for the study and take ten years data from 2001 to 2010. Regression analysis was conducted. The results show that there is a significant and positive impact of capital structure on the profitability of the petroleum sector; this study has potential for replication in other industries like cement, textile and pharmaceutical. In over all analysis capital structure has the significant analysis but the individual analysis of every company has not significant because every company has their own capital structure. Overall Profitability depend on the capital structure.

References

10 Cites in Article
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  2. R Heider,Eptember (1096). THE DETERMINANTS OF BANK CAPITAL STRUCTURE.
  3. V Laurence Booth,-K (2001). CAPITAL STRUCTURE IN DEVELOPING COUNTRIES.
  4. F López-Gracia,-M (2003). PECKING ORDER VERSUS TRADE-OFF: AN EMPIRICAL APPROACH TO THE SMALL AND MEDIUM ENTERPRISE CAPITAL STRUCTURE.
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  6. A Onaolapo (2010). Capital Structure and Firm Performance Evidence from Nigeria.
  7. M Shoaib2 (2011). Financial crisis and determinants of capital structure of investment banking sector in Pakistan.
  8. R Tian (2007). Capital structure and corporate performance evidence from Jordan.
  9. G Wali Ur Rehman (2012). IMPACT OF DEBT STRUCTURE ON PROFITABILITY IN TEXTILE INDUSTRY OF PAKISTAN.
  10. Zuobao Wei,F (2005). Qwnership Structure and Firm Value in China's Privatized Firms: 1991-2001.

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Dr. Syed Atif Ali. 1970. \u201cImpact of Capital Structure on the Profitibality of Petroleum Sector in Pakistan\u201d. Unknown Journal GJMBR Volume 12 (GJMBR Volume 12 Issue 22): .

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GJMBR Volume 12 Issue 22
Pg. 45- 49
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v1.2

Issue date

December 22, 2012

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This study aims to analyze the impact of capital structure on the profitability of petroleum sector of Pakistan, while controlling the size of the company. A total of 12 companies were selected randomly for the study and take ten years data from 2001 to 2010. Regression analysis was conducted. The results show that there is a significant and positive impact of capital structure on the profitability of the petroleum sector; this study has potential for replication in other industries like cement, textile and pharmaceutical. In over all analysis capital structure has the significant analysis but the individual analysis of every company has not significant because every company has their own capital structure. Overall Profitability depend on the capital structure.

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Impact of Capital Structure on the Profitibality of Petroleum Sector in Pakistan

Dr. Syed Atif Ali
Dr. Syed Atif Ali <p>University of Lahore</p>
Dr. Shahid A Zia
Dr. Shahid A Zia
Amir Razi
Amir Razi <p>University of Lahore</p>

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