{"title":"资本结构对盈利能力的影响:来自罗马尼亚零售业的证据","authors":"Lucian Gabriel Maxim","doi":"10.31926/but.es.2023.16.65.1.12","DOIUrl":null,"url":null,"abstract":"The aim of the paper is to study the influence of capital structure on the profitability of retail companies within the Romanian market. The study examined the capital structure situation for 597 companies, the financial data being subjected to an analysis using the correlation matrix as well as multiple regression for panel data. The analyzed period is 10 years from 2013 to 2021 and it involved the collection of financial data with the help of the tpsoft.ro website. The research results showed that between the dependent variable ROA and the independent variables (RSG - total debt to total assets, RSP - equity/total capital) that represent the capital structure, there is a significant positive correlation, while between ROA and RDCP (debt to equity) there is an insignificant correlation.","PeriodicalId":53266,"journal":{"name":"Bulletin of the Transilvania University of Brasov Series V Economic Sciences","volume":"288 1 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2023-06-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"The Influence of the Capital Structure on the Profitability: Evidence from the Romanian Retail Industry\",\"authors\":\"Lucian Gabriel Maxim\",\"doi\":\"10.31926/but.es.2023.16.65.1.12\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"The aim of the paper is to study the influence of capital structure on the profitability of retail companies within the Romanian market. The study examined the capital structure situation for 597 companies, the financial data being subjected to an analysis using the correlation matrix as well as multiple regression for panel data. The analyzed period is 10 years from 2013 to 2021 and it involved the collection of financial data with the help of the tpsoft.ro website. The research results showed that between the dependent variable ROA and the independent variables (RSG - total debt to total assets, RSP - equity/total capital) that represent the capital structure, there is a significant positive correlation, while between ROA and RDCP (debt to equity) there is an insignificant correlation.\",\"PeriodicalId\":53266,\"journal\":{\"name\":\"Bulletin of the Transilvania University of Brasov Series V Economic Sciences\",\"volume\":\"288 1 1\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2023-06-22\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Bulletin of the Transilvania University of Brasov Series V Economic Sciences\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.31926/but.es.2023.16.65.1.12\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Bulletin of the Transilvania University of Brasov Series V Economic Sciences","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.31926/but.es.2023.16.65.1.12","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
The Influence of the Capital Structure on the Profitability: Evidence from the Romanian Retail Industry
The aim of the paper is to study the influence of capital structure on the profitability of retail companies within the Romanian market. The study examined the capital structure situation for 597 companies, the financial data being subjected to an analysis using the correlation matrix as well as multiple regression for panel data. The analyzed period is 10 years from 2013 to 2021 and it involved the collection of financial data with the help of the tpsoft.ro website. The research results showed that between the dependent variable ROA and the independent variables (RSG - total debt to total assets, RSP - equity/total capital) that represent the capital structure, there is a significant positive correlation, while between ROA and RDCP (debt to equity) there is an insignificant correlation.