This article aims to expand existing empirical knowledge on the impact of debt level on profitability of companies. We … 2006. By using the generalized method of moments (GMM), we show that the debt affects negatively the profitability, not …

ABSTRACT:Current study aims to provide new and first empirical evidence on the impact of debt oncorporate profitability … utilizing generalizedmethod of moments (GMM) econometric technique on three measures of profitability ratio(PROF1, PROF2 and ROA …), we show that debt ratio has no effect on corporate profitability,regardless of the size of company (VSEs, SMEs or LEs). …

Current study aims to provide new empirical evidence on the impact of debt on corporate profitability. This impact can … (GMM) econometric technique on three measures of profitability ratio (PROF1, PROF2 and ROA), we show that debt ratio has no … effect on corporate profitability, regardless of the size of company (VSEs, SMEs or LEs). …