Wpływ eksportowania na strukturę kapitałową przedsiębiorstw w świetle badań empirycznych

• Authors: Joanna Wyrobek

Title variants

EN

The Impact of Internationalisation on the Capital Structure of Exporters in Empirical Research

• Languages of publication: PL

Abstracts

EN

The purpose of the study was to verify whether exporters use more liabilities in their financing structure than non-exporters. The study was conducted for companies listed on the Warsaw Stock Exchange for the years 2000–2009. Capital structure was measured with a debt ratio calculated as a ratio of total liabilities divided by total assets. To test the statistical significance of differences between exporters and non-exporters I used the Cochrane-Cox test. Differences in the debt ratios were not always statistically significant but, apart from companies manufacturing and selling metal products, all remaining exporters had comparable or higher debt ratio values than non-exporters.

Keywords

EN

export; debt ratios; financial situation of exporters; capital structure

• Publisher: Wydawnictwo Uniwersytetu Ekonomicznego w Krakowie
• Journal: Zeszyty Naukowe Uniwersytetu Ekonomicznego w Krakowie
• Year: 2013
• Issue: 913
• Pages: 137-158

Contributors

author

Joanna Wyrobek

• Uniwersytet Ekonomiczny w Krakowie, Katedra Finansów Przedsiębiorstw, ul. Rakowicka 27, 31-510 Kraków, Poland

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