This research aims to examine the influence of firm Growth, Investment Opportunity Set, Profitability, Business Risk …), profitability, business risk, firm size, asset structure, and operating leverage effect on capital structure. Partially indicate … growth, Investment Opportunity Set, profitability and operating leverage of no significant impact on the capital structure of …

profitfunction. Using the distance function to compute banks’ profitability, we take the distance to the frontier of best practices …

, profitability decreases the debt ratio of levered firms. We do not find that firm size affects the capital structure of Australian …