تفاصيل الرسالة العلمية

This study aimed to know the effect of the capital structure and cash holding on financial performance of extractive and mining industries companies listed on the Amman Stock Exchange for the period (2014-2018). In order to achieve the objectives of the study, the capital structure was measured through debt ratios, which are (long-term debt to capital, short-term debt to capital and retained earnings ratio). As for cash holdings, they were measured as the ratio of cash and cash equivalents to total assets, and financial performance was measured of companies with the Tobins Q and Return on Equity Index. The study relied on the annual financial reports of (10) companies, which are the entire population of the study, consisting of extractive and mining industries companies, which number (10) companies in order to collect data related to the study variables. To test the study hypotheses, multiple linear regression analysis was applied, and the results showed that there was no statistically significant effect of short-term debt to capital on financial performance measured by Tobins Q as there was no effect of retained earnings percentage on financial performance as measured by Tobins Q as for cash holdings The results showed that there is a statistically significant effect of cash holdings measured in cash and cash equivalents on financial performance measured by the percentage of TOBINS Q and the rate of return on equity. The study came out with a set of recommendations, the most important of which is the use of modern methods other than the Tobin Q ratio, such as the added economic value and the added market value to predict financial performance and future profitability to help investors correct and take their decisions