@article{Al-Rdaydeh:287219,
      recid = {287219},
      author = {Al-Rdaydeh, Mahmoud and Almansour, Ammar Yaser and  Al-mari, Mohammad Ahmad},
      title = {Moderating effect of competitive strategies on the  relation between financial leverage and firm performance:  Evidence from Jordan},
      journal = {Business and Economic Horizons (BEH)},
      address = {2018-05},
      number = {1232-2019-860},
      year = {2018},
      abstract = {This study examined the moderating role of competitive  strategy in the relationship between financial leverage and  performance of firms based on a sample of industrial firms  in Jordan between 2007 and 2016. The interaction between  competitive strategy and financial leverage was revealed to  influence the effects of financial leverage towards the  performance of firms in terms of return on assets  (accounting-based measure) and market-to-book ratio  (market-based measure). Conclusively, obtained results are  in line with the notion that firms that employ cost  leadership strategy experience tax advantages and increased  efficiency through debt financing and/or debt covenants.  This study extends the overall understanding on the effects  of financial leverage towards performance of firms and how  this relationship is moderated by competitive strategy  among firms in an emerging market such as Jordan.},
      url = {http://ageconsearch.umn.edu/record/287219},
      doi = {https://doi.org/10.22004/ag.econ.287219},
}