References
[1]. Abor, J. (2005). The effect of capital structure on
profitability: An empirical analysis of listed firms in Ghana.
The Journal of Risk Finance, 6(5), 438-445.
[2]. Ahmed, N., Ahmed, Z., & Ahmed, I. (2010).
Determinants of capital structure: A case of life insurance
sector of Pakistan. European Journal of Economics,
Finance and Administrative Sciences, 24, 7-12.
[3]. Ahmed, N., Ahmed, Z., & Usman, A. (2011).
Determinants of performance: A case of life insurance
sector of Pakistan. International Research Journal of
Finance and Economics, 61(1), 123-128.
[4]. Akintoye, I. R. (2008). Effect of capital structure on firms' performance: The Nigerian experience. European
Journal of Economics, Finance and Administrative
Sciences, 10, 233-243.
[5]. Alemayehu, F., & Teklemedhin, M. (2009). Law of
Banking, Negotiable Instruments and Insurance Teaching
Material.
[6]. Al-Sakran, S. (2001). Leverage Determinants in the
absence of Corporate Tax System: The Case of Nonfinancial
Publicly traded Corporation in Saudi Arabia.
Review of Financial Studies, 37-68.
[7]. Al-Shami, H. A. A. (2008). Determinants of insurance
companies' profitability in UAE (Doctoral Dissertation,
Universiti Utara Malaysia).
[8]. Angbazo, L. (1997). Commercial bank net interest
margins, default risk, interest-rate risk, and off-balance
sheet banking. Journal of Banking & Finance, 21(1), 55-
87.
[10]. Athanasoglou, P., Sophocles, N., & Matthias, D.
(2005). Bank-specific, industry specific and
macroeconomic determinants of bank profitability.
Working Paper, Bank of Greece , 1(1), 3-4.
[11]. Ayele, A. G. (2012). Factors Affecting Profitability of
Insurance Companies in Ethiopia: Panel Evidence
(Unpublished Master"s Thesis, Addis Ababa University,
Addis Ababa, Ethiopia).
[12]. Belete, T. (2013). Asset Liability Management and
Commercial Banks Profitability in Ethiopia. Research
Journal of Finance & Accounting, 4(10), 77-91.
[13]. Berger, A. N., & Di Patti, E. B. (2006). Capital structure
and firm performance: A new approach to testing
agency theory and an application to the banking
industry. Journal of Banking & Finance,30(4), 1065-1102.
[14]. Birritu. (2012). Financial service can put power in to
the hand of poor households allowing them to progress
from hand to mouth survival to planning for the future.
[15]. Boadi, E. K., Antwi, S., & Lartey, V. C. (2013). Determinants of profitability of insurance firms in Ghana.
International Journal of Business and Social Research,
3(3), 43-50.
[16]. Booth, L., Aivazian, V., Demirguc-Kunt, A., &
Maksimovic, V. (2001). Capital structures in developing
countries. The Journal of Finance, 56(1), 87-130.
[17]. Brook (2008). Introductory Econometrics for
Finance. New York: Cambridge University
[18]. Charumathi, B. (2012). On the Determinants of
Profitability of Indian life insurers–an Empirical Study. In
Proceedings of the World Congress on Engineering (Vol.
1, No. 2, pp. 4-6).
[20]. Damsetz, H., & Lehn, K. (1985). The structure of
corporate ownership: Causes and consequences.
Journal of Political Economy, 1155- 1177.
[21]. Demirgüç-Kunt, A., & Huizinga, H. (1999).
Determinants of commercial bank interest margins and
profitability: Some international evidence. The World Bank
Economic Review, 13(2), 379-408.
[22]. Getahun, M., G. (2014). Determinants of Capital
structure and its impact on the Performance of Ethiopian
insurance industry (Unpublished master thesis, Jimma
University, Ethiopia).
[23]. Gorton, G., & Rosen, R. (1995). Corporate control,
portfolio choice, and the decline of banking. The Journal
of Finance, 50(5), 1377-1420.
[24]. Guru B., Staunton, J., & Balashanmugam. (2002).
Determinants of commercial bank profitability in
Malaysia. University Multimedia Working Papers, 19 - 27.
[25]. Guruswamy, D., & Adugnaw, M. (2016).
Determinants of capital structure of selected Insurance
companies in Ethiopia. Developing Country Studies (IISTE),
6(10).
[26]. Habtamu, N. (2012). Determinantes of Bank
Profitability: An emperical study on Ethiopian Private
commercial Banks (Unpublished Master's thesis, Addis Ababa University, Ethiopia).
[27]. Hailegeorgis, B. (2011). Determinantes of
Commercial Bank profitability: An emperical study on
Ethiopian Commercial Banks. (Master's Thesis, Addis
Ababa University).
[28]. Kanwal, S., & Nadeem, M. (2013). The impact of
macroeconomic variables on the profitability of listed
commercial banks in Pakistan. European Journal of
Business and Social Sciences, 2(9), 186-201.
[30]. Kidus, G. (2015). The effect of Asset and Liability
Management on Profitability: Emperical evidence from
commercial Bank of Ethiopia (Unpublished Master's
thesis, Adama Science & Technology University, Ethiopia).
[31]. Kristy, J. E., & Susan, Z. D. (1984). Finance without
Fear. New York: American Management Association.
[32]. Lelissa, T. B. (2014). The Determinants of Ethiopian
Commercial Banks Performance. European Journal of
Business and Management, 6(14), 52-62.
[33]. Lipunga, A. M. (2014). Determinants of Profitability of
Listed Commercial Banks in Developing Countries:
Evidence from Malawi. Research Journal of Finance and
Accounting, 5(6), 41-49.
[34]. MacKie-Mason, J. K. (1990). Do taxes affect
corporate financing decisions? Australasian Accounting,
Business & Finance Journal, 1(4), 40-61.
[35]. Maja, P. & Marijana, C. (2010). Dynamic Panel
Analysis of B&H Insurance Companies' Profitability.
University of Split, Faculty of economics, Department of
Economics and Finance.
[36]. Malik, H. (2011). Determinants of Insurance
Companies Profitability: An Analysis of Insurance Sector of
Pakistan. Acadamic Research International, 1(3).
[37]. Mehari, D., & Aemiro, T. (2013). Firm specific factors
that determine insurance companies' performance in
Ethiopia. European Scientific Journal, ESJ, 9(10).
[38]. Mistre, S. (2015). The Determinants of Profitability on
Insurance Sector: Evidence from Insurance Companies in Ethiopia (Unpublished Master's thesis, Addis Ababa
University, Ethiopia).
[40]. Myers, S. C., & Majluf, N. S. (1984). Corporate
financing and investment decisions when firms have
information that investors do not have. Journal of
Financial Economics, 13(2), 187-221.
[41]. NBE. (2013/14). Annual Report 2013/14, Addis
Ababa, Ethiopia.
[42]. Nguyen K. M. (2006). Financial Management and
Profitability of Small and Medium Enterprises. Southern
Cross University Thesis Submitted to the Graduate College
of Management in partial fulfillment of requirements for
the degree of Doctor of business Administration.
[43]. Ongore, V. O., & Kusa, G. B. (2013). Determinants of
financial performance of commercial banks in Kenya.
International Journal of Economics and Financial Issues,
3(1), 237.
[44]. Oscar Akotey, J., Sackey, F. G., Amoah, L., &
Frimpong Manso, R. (2013). The financial performance of
life insurance companies in Ghana. The Journal of Risk
Finance, 14(3), 286-302.
[45]. Pasiouras, F., & Kosmidou, K. (2007). Factors influencing the profitability of domestic and foreign
commercial banks in the European Union. Research in
International Business and Finance,21(2), 222-237.
[46]. Pervan, M., Poposki, K., & Curak, M. (2014). How well
insurance companies in Macedonia perform? Recent
Researches in Applied Economics and Management, 1.
[47]. Reshid, S. (2015). Determinants of Insurance
Companies Profitability in Ethiopia (Doctoral Dissertation,
Addis Ababa University Addis Ababa, Ethiopia).
[48]. Shiu, Y. (2004). Determinants of United Kingdom
general insurance company performance. British
Actuarial Journal, 10(5), 1079-1110.
[50]. UNDP. (2014). Ethiopia Country Office, Country
Economic Brief Analysis.
[51]. Vong, P. I., & Chan, H. S. (2009). Determinants of bank
profitability in Macao. Macau Monetary Research
Bulletin, 12(6), 93-113.
[52]. Wainaina, S. G. (2014). The relationship between
capital structure and financial performance of insurance
companies in Kenya. University of Nairobi, Kenya.
[53]. Zeitun, R., & Tian, G. G (2007). Capital structure and
corporate performance: Evidence from Jordan.
Australasian Accounting, Business and Finance Journal,
1(4), 40-61.
