The purpose of this study is to investigate the effect of firm’s size and leverage on the profitability of publicly listed firms adopting IFRS. A Panel data fixed-effects regression model is employed to estimate the relationship between firm size and leverage on profitability, while controlling also for the effects of other variables as asset turnover and liquidity. The study is based on a sample of 94 firms from Malaysia over the period from 2012 to 2016. The study is applied to the industrial sector. The study concluded that firm size is positively and significantly related to profitability. However, leverage is negatively and significantly related to profitability. This study contributes to the literature by using data from a developing country. It provides an important insight on the international debate on the effects of firm size and leverage on decision making.
6) Salah, W., Elewa, M. (2018), “The effect of firm’s size and leverage on profitability: A panel data approach”, Journal of Applied Economic Sciences, 13(6), 1723-1732.