Explaining the Impact of Financial Leverage on Firm Performance in the Healthcare Sector in Sri Lanka by Fixed Cost Coverage Ratio
e
17 mar 2022
INFORMAZIONI SU QUESTO ARTICOLO
Pubblicato online: 17 mar 2022
Pagine: 77 - 91
Ricevuto: 05 giu 2021
Accettato: 10 dic 2021
DOI: https://doi.org/10.1515/mosr-2021-0014
Parole chiave
© 2021 Chamil W. Senarathne et al., published by Sciendo
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.
This paper finds that there is a significant negative relationship between financial leverage and firm performance in the healthcare industry in Sri Lanka. Furthermore, the fixed cost coverage by the utilization of fixed and operational assets is positively and significantly related to firm performance.