Internal and External Determinants of Capital Structure in Large Korean Firms
We examine the internal and external determinants of the capital structure of large Korean companies during the 2010-2017 period. Using total, short-term, and long-term debt ratios as proxies for capital structure, we found that both profitability and liquidity affect leverage negatively and signifi...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
People & Global Business Association (P&GBA)
2019-09-01
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Series: | Global Business and Finance Review |
Subjects: | |
Online Access: | http://www.gbfrjournal.org/pds/journal/thesis/20191013205436-BRD6K.pdf |