ANALYSIS OF CAPITAL STRUCTURE EFFICIENCY OF ISLAMIC FINANCIAL SERVICES ORGANIZATIONS
DOI:
https://doi.org/10.47390/SPR1342V3SI8Y2023N15Keywords:
capital structure, ROA, ROE, leverage, liquidity, debt-to-asset ratio, organization size.Abstract
The main purpose of this research is to assess the impact of the capital structure of organizations providing Islamic financial services in our country on the financial efficiency of the organization. In the course of the research, the performance indicators of 4 organizations providing Islamic services registered in our country were analyzed for 2016-2022. The obtained results provide opportunities to structure capital in order to increase the efficiency of organizations.
References
Myers, S. (2001). Capital structure. Journal of Economic Perspectives, 15(2), 81-102.
Lim, E. (2015). Capital Structure and Profitability of Selected Universal Banks in the Philippines. 9th Global Business Conference, February 7, 2015, De La Salle University, Manila, Philippines.
Nikoo, S. F. (2015). Impact of Capital Structure on Banking Performance: Evidence from Tehran Stock Exchange.International Research Journal of Applied and Basic Sciences, 9(6), pp. 923-927.
Rajhi, W., &Hassairi, S. A. (2012). Capital Structure and Financial Risks in Non-Conventional Banking System.International journal of economics and finance, 4(4), pp. 252-265.
Al-Farisi, A., & Hendrawan, R. (2012). Effect of Capital Structure on Banks Performance: A Profit Efficiency Approach Islamic and Conventional Banks Case in Indonesia. International Research Journal of Finance and Economics, 86(6), pp.1-14.
Abbadi, D. S., & Abu-Rub, D. N. (2013). The Effect of Capital Structure on the Performance of Palestinian Financial Institutions. British Journal of Economics, Finance and Management Sciences, 3, pp. 92-101.
Salim, M., &Yadav, R. (2012). Capital Structure and Firm Performance: Evidence from Malaysian Listed Companies, Social and Behavioral Sciences, 65, pp. 156-166.
Al-Tamimi Factors Influencing Individual Investor Behaviour: An Empirical study of the UAE Financial Markets, The Business Review, Cambridge, Vol.5, No. 2,225-232, 2006.
Srairi, Samir Abderrazek. (2009) "Factors Influencing the Profitability of Conventional and Islamic Commercial Banks in GCC Countries", Review of Islamic Economics, Vol. 13, No. 1, pp. 5-30.
Berger, A, Deyoung, R., Flannery, M., Lee, D., & Öztekin, Ö. (2008). How do large banking organizations manage their capital ratios? Journal of Financial Services Research, 34, 123 – 149
Teddlie, C., & Yu, F. (2007). Mixed methods sampling: A typology with examples. Journal of Mixed Methods Research, 1(1), 77-100.
