文章基本信息

标题：Impact of Capital Structure on Profitability: A Comparative Study of Islamic and Conventional Banks of Pakistan
本地全文：下载
作者：Noor ul QAYYUM ; Umara NOREEN ; Umara NOREEN 等
期刊名称：Journal of Asian Finance, Economics and Business
印刷版ISSN：2288-4637
电子版ISSN：2288-4645
出版年度：2019
卷号：6
期号：4
页码：65-74
DOI：10.13106/jafeb.2019.vol6.no4.65
语种：English
出版社：Korean Distribution Science Association
摘要：This study has two main purposes;first,it examines the effect of capital structure on profitability of Islamic and conventional banks;second,it determines that whether the capital structure of Islamic and conventional banks is same or not.A sample of ten banks was taken over the period 2006-2016.Independent samples T-test was used for finding the comparison between the capital structure of Islamic and conventional banks while for assessing the impact of capital structure on profitability,regression analysis (Fixed effects model) was used.Results showed that the capital structure of both types of banks was similar except for bank size which differed significantly.Moreover,ROA was negatively correlated to the capital structure of both conventional and Islamic banks.In contrast,ROE was positively correlated to the capital structure of both conventional and Islamic banks.In addition to that,two explanatory variables were positively correlated while two were negatively correlated to EPS for both Islamic and conventional banks.This study proves the existence of prominent theories of capital structure (pecking order theory and trade-off theory) for both conventional and Islamic banks in Pakistan and also validates the economies of scale.
关键词：Capital Structure;Profitability;Islamic Banks;Conventional Banks;Pakistan