Determinants of the Capital Structure of Small and Medium Sized Brazilian Enterprises

This research investigates the determinants of the capital structure of small and medium enterprises (SMEs) using a unique database that includes over 19,000 Brazilian firms and spans 13 years of data. The econometric analysis employs the System Generalized Method of Moments estimator (GMM-Sys) and...

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Bibliographic Details
Main Authors: Denis Forte, Lucas Ayres Barros, Wilson Toshiro Nakamura
Format: Article
Language:English
Published: Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD) 2013-07-01
Series:BAR: Brazilian Administration Review
Subjects:
Online Access:http://www.anpad.org.br/periodicos/arq_pdf/a_1414.pdf