The Determinants of Capital Structure: Evidence from companies listed on the WIG20 index of the Warsaw Stock of Exchange
The Determinants of Capital Structure: Evidence from companies listed on the WIG20 index of the Warsaw Stock of Exchange
Author(s): Nicolas LeviSubject(s): Socio-Economic Research
Published by: Wydawnictwo Wyższej Szkoły Gospodarki Euroregionalnej im. Alcide De Gasperi w Józefowie
Keywords: capital structure; credit; equity; financial choice; polish listed companies; Pecking Order Hypothesis; Poland, trade-off
Summary/Abstract: The paper investigates the relationship between capital structure and firm performance for the capital structure of listed companies in Poland. The main objective of this paper is to investigate which capital structure theories better describes the financing decisions in selected Polish companies traded on WIG20 index of the Warsaw Stock Exchange. The data come from consolidated financial statements audited of 14 companies of the WIG20.
Journal: Journal of Modern Science
- Issue Year: 35/2017
- Issue No: 4
- Page Range: 161-176
- Page Count: 16
- Language: English