How Does the Firm Size Affect the Relative Importance of Country and Industry Effect in Capital Structure? Empirical Evidence from Europe

• Autorzy: Julia Koralun-Bereźnicka
• Języki publikacji: EN

Abstrakty

EN

The purpose of this study is to determine the relative importance of the country and industry factors in the capital structure depending on the firm size. The analysis includes three size groups of firms in thirteen industries of nine EU countries and covers the period 2000-2009. The applied methods include multivariate statistical analysis, mainly the k-means cluster analysis. Findings reveal the prevalence of the country factors, although not homogeneously across all size groups.(original abstract)

Słowa kluczowe

EN

Capital structure; Enterprise size; Multi-dimensional statistical analysis

PL

Struktura kapitału; Wielkość przedsiębiorstwa; Wielowymiarowa analiza statystyczna

• Czasopismo: Argumenta Oeconomica
• Rocznik: 2017
• Numer: nr 1 (38)
• Strony: 99--119

Twórcy

autor

Julia Koralun-Bereźnicka

• University of Gdansk, Poland

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Identyfikatory

DOI

10.15611/aoe.2017.1.04