Synapse
⌘+K
Synapse
PulseExploreClubsResearchersJournals
Instagram
HomeClubsExplore
February 14, 2026SHILAP Revista de lepidopterologíaOpen Access

Capital Structure and Profitability of Small Pharmaceutical Firms: Evidence From the Alternative Investment Market

View Full Paper
Ask AI
Bookmark
Share

Authors

NANurudeen A. AkinolaRARod Apps

Discussion

Loading...

Member takes

Overview

Investigates capital structure’s effect on profitability in small pharmaceutical firms, suggesting important implications for decision-makers.

Key Points

  • This research examines how capital structure influences profitability in small pharmaceutical firms listed on AIM.
  • Analyzed a five-year panel dataset from 2018 to 2022
  • Estimated three regression models: Ordinary Least Squares, Fixed Effects, Random Effects
  • Measured profitability using return on assets (ROA) and return on equity (ROE)
  • Found a significant negative relationship between short-term debt and ROA
  • Identified a negative relationship between debt-to-equity ratio and ROE
  • Observed a positive relationship between firm size and both ROA and ROE

Cite This Study

Akinola et al. (2025) studied this question.

synapsesocial.com/papers/699011032ccff479cfe57543https://doi.org/10.65672/fs.2025.4.1
View Full Paper
Ask AI
Bookmark
Share

Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1Analyzing Liability Structure in Shaping Financial Performance2025
  2. 2Capital Structure Impact on Firm Performance: An Empirical Study of the Pharmaceutical Sector in India2024 · 1 citations
  3. 3Do Capital Structure and Profitability Influence Firm Value? Empirical Evidence from Indian Pharmaceutical Companies2025
  4. 4IMPACT OF CAPITAL STRUCTURE ON PROFITABILITY: AN EMPIRICAL SEARCH2024
  5. 5The Effect of Profitability, Liquidity, Institutional Ownership, and Managerial Ownership on Capital Structure2024