Abstract:Purpose -The paper aims to investigate the existence of a relationship between financial structure and performance for European listed companies. Methodology -The reference period of the study is three years (2015)(2016)(2017). In line with Modigliani and Miller' Theory we assume that independent variable (debt/equity ratio) does not influence performance (measured by ROE and ROA). We use correlation and linear regression analysis. Findings -Results show the existence of a weak relationship between capital str… Show more
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