An Empirical Examination of Microeconomic Capital Structure Determinants: Evidence from European Publicly Traded Manufacturers

• Authors: Marcin Kędzior

Title variants

PL

Weryfikacja empiryczna mikroekonomicznych determinantów struktury kapitału: dane z europejskich publicznych przedsiębiorstw produkcyjnych

• Languages of publication: EN

Abstracts

EN

The paper analyses major capital structure determinants on the basis of data obtained from 736 listed production companies. The empirical material applies to the countries of France, Germany, Italy, the Netherlands, Poland and the UK. Research is conducted at the national level, leading to a comparative analysis of the results. The following factors are regarded to be major structural determinants: profitability, asset structure, company size, the business entity’s growth potential and risk.

Keywords

EN

CAPITAL STRUCTURE; MICROECONOMIC CAPITAL STRUCTURE DETERMINANTS; EUROPEAN PUBLICLY TRADED MANUFACTURERS

• Publisher: Wydawnictwo Uniwersytetu Ekonomicznego w Krakowie
• Journal: Argumenta Oeconomica Cracoviensia
• Year: 2012
• Issue: 8
• Pages: 57-77

Contributors

author

Marcin Kędzior

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

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