The Impact of Working Capital Policies and Capital Structure Decisions on Financial Performance: A Comparative Analysis

This study examines how working capital investments, financing policies, and capital structure decisions affect financial performance in firms operating in the food, beverage, and tobacco sectors, as well as the chemical, pharmaceutical, petroleum, rubber, and plastic products sectors. The model represents working capital investment and financing policies by the working capital indicator, financial leverage, debt maturity structure by the capital structure indicator, and asset size and net incom