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...

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Bibliographic Details
Main Authors: Ana Belen Tulcanaza Prieto, Younghwan Lee
Format: Article
Language:English
Published: People & Global Business Association (P&GBA) 2019-09-01
Series:Global Business and Finance Review
Subjects:
Online Access:http://www.gbfrjournal.org/pds/journal/thesis/20191013205436-BRD6K.pdf