Thi Ngoc Bui; Xuan Hung Nguyen; Kieu Trang Pham - In: International Journal of Financial Studies : open … 11 (2023) 3, pp. 1-20
This research investigates the relationship between capital structure and firm value for companies listed on the … (0.450) and ROA showing the weakest impact (0.011). However, the long-term debt ratio does not significantly affect firm … value. Interestingly, both short-term and long-term debt ratios have negative effects on ROA, ROE, and Tobin’s Q, with the …