Determinanty struktury kapitałowej w teoriach substytucji

• Authors: Barowicz Marek

Title variants

EN

Determinants of corporate capital structure in the trade-off theories

• Languages of publication: PL

Abstracts

PL

Celem artykułu jest identyfikacja oraz ocena siły i kierunku wpływu wybranych determinant na strukturę kapitałową przedsiębiorstw notowanych na Giełdzie Papierów Wartościowych w Warszawie w ramach teorii substytucji. Artykuł ma charakter teoretyczno-empiryczny. Część teoretyczna obejmuje charakterystyką determinant struktury kapitałowej występujących w teoriach substytucji. Część empiryczna dotyczy weryfikacji hipotez w zakresie wpływu różnych czynników na strukturę kapitałową przedsiębiorstwa w ramach teorii substytucji (tj. teorii uwzględniającej koszty bankructwa oraz teorii uwzględniającej koszty agencji).

EN

The goal of this article is identification and estimation of the influence of chosen determinants on corporate capital structure according to the trade-off theories (i.e. bankruptcy cost theory and agency cost theory). The article consists of two parts: theoretical and empirical one. Theoretical part contains description of the capital structure determinants appearing in the trade-off theories. Empirical part relates to the verification of hypothesis within the range of the influence of the determi- nants on corporate capital structure.

Keywords

PL

kapitał; struktura kapitałowa; determinanty struktury kapitałowej teorie struktury kapitałowej

EN

capital; capital structure; determinants of corporate capital structure; structure theories

• Publisher: Uniwersytet Warszawski. Wydawnictwo Naukowe Wydziału Zarządzania
• Journal: Studia i Materiały
• Year: 2012
• Issue: 1–2/2012 (14–15)
• Pages: 25 - 47

Dates

published

2012-09-30

Contributors

author

Barowicz Marek

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Identifiers

ISSN

1733-9758

DOI

10.7172/1733-9758.2012.14-15.3