Providing Performance Business Activity In Canadian Companies
This publication investigated the impact of capital structure choice on firm per-formance activity in Canada. Short-term, long-term and total debt ratios were employed as capital structure determinants. In order to estimate regression properly, control variables were taken, such as firm size, growth, asset tangibility and turnover ratios. Measuring the business activities effectiveness in Canadian firms was performed using the following indexes: return on assets (ROA), returnon equity (ROE), and market-based measure (Tobin’s Q). According to the results of the regression analysis, it was installed that in Canada capital structure does not impact on ROE; capital structure has an impact on ROA and Tobin’s Q. Proposed approach will allow increasing the management effectiveness in Canadian companies.
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