Year of Graduation
Determinants of Capital Struckture of Companies in Emerging Markets for example Eastern
This paper presents the results of empirical testing of the determinants of capital structure of companies in emerging markets for example Eastern Europe. The study’s sample uses financial data of 150 large public companies for the years 2008-2016. The debt leverage was influenced by the size of the company, an indicator of financial instability, tangibility of assets, effective tax rate, and a variable reflecting the country of observation.