Full-text paper (pdf): capital structure determinants: an empirical study of french companies in the wine industry. We investigate the determinants of capital structure of public listed companies on bursa malaysia, singapore stock exchange and thailand stock exchange. Literature to explain variations in capital structures across firms in particular, this study investigates capital structure determinants of swedish firms based on a. Dis cus si on paper no 08-015 the determinants of capital structure: some evidence from banks reint gropp and florian heider. The main objective of this article is to study the capital structure determinants of small and medium enterprises (smes) in the hospitality sector and how this.
First, it extends the range of theoretical determinants of capital structure by theories of capital structure suggest may affect the firm's debt-equity choice. Determinants of capital structure: empirical evidence from listed firms in norway masteroppgave i økonomi og administrasjon handelshøyskolen ved hioa. This study has laid some groundwork to explore the determinants of capital structure of pakistani firms upon which a more detailed evaluation could be based.
Capital structure determinants and adjustment speed: an empirical analysis of dutch smes cpb discussion paper 357, 15 august 2017 this paper presents. Therefore, the main determinants of capital structure are firms' specifics factors in morocco and the choice of leverage is different from industry. Determinants of capital structure are firm's individual factors must be taken into account at the time of deciding and selecting a capital structure. Using a panel of listed firms in ghana, kenya, nigeria, south africa and zimbabwe, we investigate corporate capital structure in africa, with. We investigate the determinants of capital structure of public listed companies on bursa malaysia, singapore stock exchange and thailand.
1 the impact of capital structure determinants on small and medium size enterprise leverage an empirical study of iranian smes södertörn university. Abstract: this study investigates the determinants of capital structure in turkey by using panel data methods the sample period spans from 1993 to 2010 for. Working paper series no 1096 / september 2009 the determinants of bank capital structure by reint gropp and florian heider.
The debates regarding determinants of corporate capital structure have been progressing for a few decades since the first capital structure theory was found by . Determinants of capital structure empirical evidence from the czech republic patrik bauer the modern theory of capital structure was established by. We investigated 34 empirical studies aimed at examining the capital structure determinants in firms operating in poland to test to what degree the financing.
This paper investigates capital structure determinants of new zealand-listed firms this study is an extension from previous studies conducted by boyle and. A major shortcoming of capital structure studies on developing economies is that they generally restrict their analyses to large publicly-traded. The aim of this thesis is to explore the determinants of capital structure of listed firms in the middle east and north africa there is a large strand. The paper contributes to the capital structure literature by investigating the determinants of capital structure of firms operating in the asia pacific region, in four.