The Effect of Leverage on Profitability of Pharmaceutical Companies

dc.contributor.author	Bărbuţă-Mişu, Nicoleta
dc.date.accessioned	2015-11-05T08:54:02Z
dc.date.available	2015-11-05T08:54:02Z
dc.date.issued	2013
dc.identifier.issn	1584-0409
dc.identifier.uri	http://10.11.10.50/xmlui/handle/123456789/3588
dc.description	Annals of “Dunarea de Jos” University of Galati Fascicle I. Economics and Applied Informatics	en_US
dc.description.abstract	The capital structure problem is important and because of the influence of leverage effect on return on equity. This paper aims to study the influence of financial leverage effect on company profitability, using financial data of three large companies from Romania, acting in pharmaceutical sector, in entire production-distribution chain. To carry out this study have been completed three stages: analyses of the profitability of the companies, analyses of the indebtedness and then the effect of leverage on return on equity, using data from 2008- 2012 period. The conclusion that emerges in this study is that leverage effect is an important factor that influences the return on equity in function of degree of debts, but not entirely.	en_US
dc.language.iso	en	en_US
dc.publisher	“Dunarea de Jos” University of Galati	en_US
dc.subject	Return on assets	en_US
dc.subject	Leverage effect	en_US
dc.subject	Pharmaceutical sector	en_US
dc.title	The Effect of Leverage on Profitability of Pharmaceutical Companies	en_US
dc.type	Article	en_US