CAPITAL STRUCTURE AND FINANCIAL PERFORMANCE IN MAJOR ALGERIAN FIRMS
This study examines the effect of capital structure on the financial performance of major Algerian firms over the period 2020–2024. A balanced panel of six large companies — Sonatrach, Biopharm, Saidal, El Aurassi, Alliance Assurances, and Sonelgaz — is analyzed using two accounting-based performance indicators (ROA an...