The Role of Financial Performance as a Moderator on the Relationship Between Financial Leverage and Shareholders Return
The Role of Financial Performance as a Moderator on the Relationship Between Financial Leverage and Shareholders Return作者机构：Indian Institute of Management Raipur GEC Campus India
出 版 物：《Journal of Modern Accounting and Auditing》 (现代会计与审计（英文版）)
年 卷 期：2016年第12卷第7期
页 面：379-387页
学科分类：120201[管理学-会计学] 12[管理学] 1202[管理学-工商管理]
主 题：financial performance financial leverage (FL) shareholders return (SR)
摘 要：The study examines the moderating effects of financial performance on the relationship between financial leverage （FL） and shareholders return （SR）. Panel data of pharmaceutical companies listed in the National Stock Exchange （NSE） were used for 13 years for the period from 2002-03 to 2014-15. Findings indicated that FL is significantly related with SR. However, financial performance has an insignificant relationship with SR and did not moderate the relationship between FL and SR.
维普期刊数据库