{"title":"The Determinants of Capital Structure in the Service Industry: Evidence from United States","authors":"Amarjit Gill, N. Biger, C. Pai, Smita Bhutani","doi":"10.2174/1874915100902010048","DOIUrl":null,"url":null,"abstract":"The paper seeks to extend Biger, Nguyen, and Hoang' (2008) findings regarding the determinants of capital structure. Empirical results show that that leverage is negatively related to the firm's profitability. This paper offers useful insights for the service industry owner/operators and managers based on empirical evidence.","PeriodicalId":246270,"journal":{"name":"The Open Business Journal","volume":"280 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2009-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"98","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"The Open Business Journal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2174/1874915100902010048","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 98
Abstract
The paper seeks to extend Biger, Nguyen, and Hoang' (2008) findings regarding the determinants of capital structure. Empirical results show that that leverage is negatively related to the firm's profitability. This paper offers useful insights for the service industry owner/operators and managers based on empirical evidence.