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Firm- and Country-Level Drivers of Capital Structure: Quantitative Evidence from Central and Eastern European Listed Companies

Year: 2022

Type: article

Abstract: This paper aims to investigate the determinants of capital structure in developing countries, like Romania, Bulgaria and Hungary. This research adopts the unbalanced panel data of 152 listed companies, over the period 1996-2020, estimated by two-stage least squares.

Source: Journal of Financial Studies & Research

DOI: 10.5171/2022.572694

Authors: Diana A. TOADER, Georgeta VINTILA, Stefan C. GHERGHINA

Institution: Bucharest University of Economic Studies

Language: English

Topic: Corporate Finance and Governance

Subfield: Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: diamond

OpenAlex ID: W4205269360

FWCI: 1.497

Cites:

Cited by: 11

Related to: 10