Język Polski
English
Published
:
2019-12-30
The Impact of Financial Leverage on Return on Equity for Selected Enterprises from the Chemical Sector and the Retail Chain Sector
Agnieszka Kolasa
Abstract
The aim of the article is to empirically examine how the mechanism of financial leverage influences return on equity of a selected group of enterprises, including 7 companies from the chemical sector and 5 companies from the retail chain sector operating in the Polish market. The author hypothesized the use of financial leverage by an enterprise has a positive impact on its return on equity. The hypothesis was tested by means of financial analysis involving three independent research methods. The first uses the degree of financial leverage, the second takes into account return on invested capital, and the third examines the impact of foreign capital growth on the change in the level of return on equity. The analysis is based on annual financial data for 2014-2017. (original abstract)Keywords:
Financial leverage, Return on equity (ROE), Chemical enterprise, Chain storesDetails
References
Statistics
Authors
Citation rules
Kolasa, A. (2019). The Impact of Financial Leverage on Return on Equity for Selected Enterprises from the Chemical Sector and the Retail Chain Sector. The WSB University in Poznan Graduate Research Journal, 19(19), 49–63. https://doi.org/10.26349/dnswsb.0019.03
