The impact of financial leverage on liquidity and profitability A field study on a sample of companies listed on the Damascus Stock Exchange


Abstract in English

The aim of this study investigate the effect of financial leverage on profitability, measured by the rate of return on assets and the rate of return on equity, as well as the effect of the financial leverage on liquidity measured by both the trading rate and the cash flow rate of operating activities.

References used

BRIGHAM, E.F. and EHRHARDT, M.C 2008 - Financial Management Theory and Practice , Florida: Harcourt ,Inc., 11th Edition
GIBSON , H . CHARLES , M 2007-Financial Reporting & Analysis ,10th edition, Thomson South – Western
HIRT G, S., BLOCK, B 1997- Foundations of Financial Management 8th ed. Business Horizons, New York

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