“…As a result of the literature review, studies examining the effect of capital structure on financial performance are " ; ; Çanakçıoğlu and Ersan (2020); Özdemir (2019); Le and Phan (2017); Akpinar (2016); ; ; ; ; ; Nirajini and Priya (2013); ; Salim and Yadav (2012); ; ; ; ; "; studies examining the effect of debt financing on financial performance are " Ophelia et al (2021); ; ; ; Muchugia (2013); Obert and Olawale (2010)"; studies examining the effect of debt structure on asset profitability are " Baraklı and Öndeş (2021); Say and Doğan (2022); " has been examined extensively in national and international literature. Additionally, in the study conducted by "Chen (2012)" in the literature, the relationship between board structure, cost of debt and firm performance was examined; in the study conducted by ", the relationship between government subsidies, cost of debt and firm performance was examined, and in the study conducted by "Özer, Çam and Cookie (2023)", the relationship between corporate governance and cost of debt was examined.…”