10Jul 2018

DETERMINANTS OF FINANCIAL PERFORMANCE OF NON-FINANCIAL SECTOR: EVIDENCE FROM PUBLIC TEXTILE SECTOR OF SYRIA.

  • Phd cand., dep. Of financial and banking sciences, faculty of economics, tishreen university, lattakia, syria.
  • Professor at the Dep. of Financial and Banking Sciences, Faculty of Economics, Tishreen University, Lattakia, Syria.
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The objective of this study is to examine the determinants of financial performance of public textile firms in Syria. The analysis of present study is based on unbalanced panel data of 7 public textile firms for the period 2000-2016. Panel multiple regression analysis is used for estimation. The empirical results show that debt financing has a negative and significant effect on profitability of public textile firms operating in Syria, while both company size and sales growth have a positive and significant effect on financial performance.

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[Dania Ebrahem Ghaia and Radwan Al - Ammar. (2018); DETERMINANTS OF FINANCIAL PERFORMANCE OF NON-FINANCIAL SECTOR: EVIDENCE FROM PUBLIC TEXTILE SECTOR OF SYRIA. Int. J. of Adv. Res. 6 (Jul). 167-178] (ISSN 2320-5407). www.journalijar.com

Dania Ghaia
Tishreen University/ Latakia /Syria

DOI:

Article DOI: 10.21474/IJAR01/7348      
DOI URL: http://dx.doi.org/10.21474/IJAR01/7348

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