The Capital Structure of Listed Companies in Poland

The Capital Structure of Listed Companies in Poland
This paper examines the capital structure of listed firms in Poland, using firm-level panel data to study the determinants of leverage. Polish firms had extremely low leverage levels, suggesting a growing stock market and a potential reluctance of banks to grant loans to old and risky firms. The empirical exercise finds that large, new,... READ MORE...

Publication date: December 1997
ISBN 9781451976342
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