Meta-study on relationship between macroeconomic and institutional environment and internal determinants of enterprises’ capital structure

The enterprise capital structure is influenced by internal factors, i.e., the share of fixed assets in total assets, the size and growth of the enterprise, its liquidity and profitability, and the non-debt tax shield. The literature shows that external factors – macroeconomic and institutional speci...

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Bibliographic Details
Main Authors: Jacek Jaworski, Leszek Czerwonka
Format: Article
Language:English
Published: Taylor & Francis Group 2019-01-01
Series:Ekonomska Istraživanja
Subjects:
Online Access:http://dx.doi.org/10.1080/1331677X.2019.1650653