Title: Determinants of capital structure: evidence from the German market
Abstract: This paper investigates the determinants of capital structure of German companies by analyzing the capital structure theories. After running an OLS regression based on the data of listed companies, results show that firm size and tangibility have a significant positive effect on capital structure decisions as it was assumed by pecking order theory and trade-off theory. Other determinants did not show a significant influence on the capital structure decision
Publication Year: 2015
Publication Date: 2015-01-01
Language: en
Type: dissertation
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Cited By Count: 1
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