{"id":"https://openalex.org/W2188698799","doi":null,"title":"The impact of Capital Structure on Financial Performance of the listed manufacturing firms in Sri Lanka","display_name":"The impact of Capital Structure on Financial Performance of the listed manufacturing firms in Sri Lanka","publication_year":2013,"publication_date":"2013-01-01","ids":{"openalex":"https://openalex.org/W2188698799","mag":"2188698799"},"language":"en","primary_location":{"id":"mag:2188698799","doi":null,"is_oa":false,"landing_page_url":"https://www.longdom.org/articles/the-impact-of-capital-structure-on-financial-performance-of-the-listed-manufacturing-firms-in-sri-lanka.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S4306511551","display_name":"Global Journal of Commerce & Management Perspective","issn_l":"2319-7285","issn":["2319-7285"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Global Journal of Commerce & Management Perspective","raw_type":null},"volume":null,"type":"article","indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5076029832","display_name":"S. A. Jude Leon","orcid":"https://orcid.org/0009-0006-1147-9805","observed_orcids":["https://orcid.org/0009-0006-1147-9805"]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"S. A. Jude Leon","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5076029832"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":6.467,"has_fulltext":false,"cited_by_count":24,"citation_normalized_percentile":{"value":0.96485527,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"2","issue":"5","first_page":"56","last_page":"62"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.8848000168800354,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.8848000168800354,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.10689999908208847,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12544","display_name":"Working Capital and Financial Performance","score":0.002300000051036477,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/capital-structure","display_name":"capital structure","score":1.0},{"id":"https://openalex.org/keywords/financial-performance","display_name":"financial performance","score":0.9800000190734863},{"id":"https://openalex.org/keywords/financial-leverage","display_name":"leverage","score":0.8740000128746033},{"id":"https://openalex.org/keywords/return-on-equity","display_name":"return on equity","score":0.9729999899864197},{"id":"https://openalex.org/keywords/return-on-assets","display_name":"return on assets","score":1.0},{"id":"https://openalex.org/keywords/accounting-profitability","display_name":"accounting profitability","score":0.8240000009536743},{"id":"https://openalex.org/keywords/manufacturing-firms","display_name":"manufacturing companies","score":0.9350000023841858},{"id":"https://openalex.org/keywords/listed-companies","display_name":"listed companies","score":0.8809999823570251},{"id":"https://openalex.org/keywords/sri-lanka","display_name":"Sri Lanka","score":0.9430000185966492}],"concepts":[{"id":"https://openalex.org/C149933338","wikidata":"https://www.wikidata.org/wiki/Q950816","display_name":"Capital structure","level":3,"score":0.808245062828064},{"id":"https://openalex.org/C155530773","wikidata":"https://www.wikidata.org/wiki/Q591174","display_name":"Return on equity","level":3,"score":0.7892782688140869},{"id":"https://openalex.org/C171884676","wikidata":"https://www.wikidata.org/wiki/Q1755687","display_name":"Return on capital employed","level":5,"score":0.6729230880737305},{"id":"https://openalex.org/C153083717","wikidata":"https://www.wikidata.org/wiki/Q6535263","display_name":"Leverage (statistics)","level":2,"score":0.5976198315620422},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5926446914672852},{"id":"https://openalex.org/C40113805","wikidata":"https://www.wikidata.org/wiki/Q245930","display_name":"Return on capital","level":5,"score":0.5874118208885193},{"id":"https://openalex.org/C185669311","wikidata":"https://www.wikidata.org/wiki/Q1163221","display_name":"Return on assets","level":3,"score":0.5423051714897156},{"id":"https://openalex.org/C129361004","wikidata":"https://www.wikidata.org/wiki/Q2470236","display_name":"Profitability index","level":2,"score":0.5360717177391052},{"id":"https://openalex.org/C3017649214","wikidata":"https://www.wikidata.org/wiki/Q854","display_name":"Sri lanka","level":3,"score":0.491761714220047},{"id":"https://openalex.org/C74734477","wikidata":"https://www.wikidata.org/wiki/Q1479274","display_name":"Cost of capital","level":3,"score":0.4892101287841797},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.4816819131374359},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.42223474383354187},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.3387115001678467},{"id":"https://openalex.org/C44750222","wikidata":"https://www.wikidata.org/wiki/Q1897397","display_name":"Financial capital","level":3,"score":0.3328436613082886},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.27742695808410645},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.20625287294387817},{"id":"https://openalex.org/C58202505","wikidata":"https://www.wikidata.org/wiki/Q5035700","display_name":"Capital formation","level":4,"score":0.10651364922523499},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.0940069854259491},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.06589439511299133},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.0},{"id":"https://openalex.org/C45355965","wikidata":"https://www.wikidata.org/wiki/Q1643441","display_name":"Socioeconomics","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C2779357621","wikidata":"https://www.wikidata.org/wiki/Q655495","display_name":"Tanzania","level":2,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"mag:2188698799","doi":null,"is_oa":false,"landing_page_url":"https://www.longdom.org/articles/the-impact-of-capital-structure-on-financial-performance-of-the-listed-manufacturing-firms-in-sri-lanka.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S4306511551","display_name":"Global Journal of Commerce & Management Perspective","issn_l":"2319-7285","issn":["2319-7285"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Global Journal of Commerce & Management Perspective","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.7257999777793884,"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth"}],"sustainable_development_goals_aurora":[{"score":0.5,"id":"https://metadata.un.org/sdg/9","display_name":"Industry, innovation and infrastructure"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":32,"referenced_works":["https://openalex.org/W3219704","https://openalex.org/W183208744","https://openalex.org/W1506650479","https://openalex.org/W1508531630","https://openalex.org/W1524720990","https://openalex.org/W1978175480","https://openalex.org/W2012787749","https://openalex.org/W2022226696","https://openalex.org/W2029249413","https://openalex.org/W2039350639","https://openalex.org/W2047887579","https://openalex.org/W2090556614","https://openalex.org/W2098621752","https://openalex.org/W2109258977","https://openalex.org/W2143275295","https://openalex.org/W2146152814","https://openalex.org/W2163657448","https://openalex.org/W2181543227","https://openalex.org/W2184908877","https://openalex.org/W2255399880","https://openalex.org/W2306033317","https://openalex.org/W2338795581","https://openalex.org/W2405514566","https://openalex.org/W2491218986","https://openalex.org/W2561926448","https://openalex.org/W2948945222","https://openalex.org/W3021783233","https://openalex.org/W3121353644","https://openalex.org/W3124161534","https://openalex.org/W3124994246","https://openalex.org/W3125150589","https://openalex.org/W3125233614"],"related_works":["https://openalex.org/W2307648101","https://openalex.org/W1836932742","https://openalex.org/W115756753","https://openalex.org/W7100260583","https://openalex.org/W2523177885","https://openalex.org/W2473992236","https://openalex.org/W1519644075","https://openalex.org/W2595750238","https://openalex.org/W7096535439","https://openalex.org/W7166727612"],"abstract_inverted_index":{"Capital":[0,10],"structure":[1,11,51,67,170],"is":[2,13,16,38,52,162],"the":[3,24,30,42,63,69,167],"most":[4],"significant":[5,133],"discipline":[6],"of":[7,29,47,72,89],"company\u2019s":[8,49],"operations.":[9],"decision":[12,15,19],"a":[14,17,48,53,132],"vital":[18],"with":[20],"great":[21],"implication":[22],"for":[23],"firm's":[25],"sustainability.":[26],"The":[27,45,110,126,154],"ability":[28],"organization":[31],"to":[32,41,56,81,173],"carry":[33],"out":[34],"their":[35],"stakeholders":[36],"need":[37],"closely":[39],"related":[40],"capital":[43,50,66,169],"structure.":[44],"determination":[46],"difficult":[54],"task":[55],"achieve.":[57],"Therefore,":[58],"this":[59,160],"paper":[60],"empirically":[61],"investigated":[62],"relationship":[64,135,147],"between":[65,136,148],"and":[68,97,114,120,138,150],"financial":[70],"performance":[71,84,175],"listed":[73,103],"manufacturing":[74,104],"firms":[75,105],"in":[76,87,176],"Sri":[77,177],"Lanka":[78],"from":[79],"2008":[80],"2012.":[82],"Financial":[83],"was":[85,131,144],"measured":[86],"terms":[88],"accounting":[90],"profitability":[91],"by":[92,123],"Return":[93,98],"on":[94,99,140,152,159],"Equity":[95],"(ROE)":[96],"Assets":[100],"(ROA).":[101],"30":[102],"were":[106,112,116],"selected":[107],"as":[108,165],"sample.":[109],"data":[111],"analyzed":[113],"hypotheses":[115],"tested":[117],"through":[118],"correlation":[119],"regression":[121],"analysis":[122],"using":[124],"SPSS.":[125],"findings":[127],"revealed":[128],"that,":[129],"there":[130,143],"negative":[134],"leverage":[137,149],"return":[139,151],"equity.":[141],"And":[142],"no":[145],"significance":[146],"assets.":[153],"future":[155],"research":[156],"work":[157],"based":[158],"study":[161],"also":[163],"suggested":[164],"identifying":[166],"optimum":[168],"that":[171],"leads":[172],"higher":[174],"Lanka.":[178]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":6},{"year":2019,"cited_by_count":4},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":1}],"updated_date":"2026-10-12T09:40:04.860316","created_date":"2016-06-24T00:00:00"}