An Analysis Of The Impact Of Capital Structure On The Financial Performance Of Firms Listed On The Namibian Stock Exchange

Abstract  This study attempts to analyze the impact of capital structure on the financial performance of firms listed on the Namibian Stock Exchange. The numerous capital structure theories and inconclusive empirical evidence on the relationship between capital structure and profitability motivated the researcher to carry out this study. A quantitative study using secondary data from financial statements published on the websites of 21 of the 32 firms listed on the Namibian Stock Exchange using data for the period 2010 to 2013 (4 year period) resulting in 84 observations was conducted. These f…