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