Počet záznamů: 1
Is the stability of leverage ratios determined by the stability of the economy?
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SYSNO ASEP 0334255 Druh ASEP J - Článek v odborném periodiku Zařazení RIV J - Článek v odborném periodiku Poddruh J Ostatní články Název Is the stability of leverage ratios determined by the stability of the economy? Tvůrce(i) Shamshur, Anastasiya (NHU-C) RID Zdroj.dok. CERGE-EI Working Paper Series - ISSN 1211-3298
-, č. 393 (2009), s. 1-28Poč.str. 28 s. Forma vydání www - www Jazyk dok. eng - angličtina Země vyd. CZ - Česká republika Klíč. slova capital structure ; financing decisions ; Eastern Europe Vědní obor RIV AH - Ekonomie CEP GA402/09/1595 GA ČR - Grantová agentura ČR CEZ MSM0021620846 - NHU-C Anotace The choice of capital structure by firms is a fundamental issue in financial literature. According to a recent finding, the capital structure of firms remains almost unchanged during their lives meaning that leverage ratios are significantly stable over time. I study how substantial changes in the economy affect the stability of firms' capital structure in transition countries. Specifically, I concentrate on Central and Eastern European economies that passed through transition from central planning to a market economy and privatization, the Russian financial crisis, and EU membership. Pracoviště Národohospodářský ústav - CERGE Kontakt Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122 Rok sběru 2010
Počet záznamů: 1