Arbeitspapier
Financing choices of firms in EU accession countiries
The paper presents evidence of actual and target capital structures of firms in five EU accession countries of Central and Eastern Europe and the former Soviet Union (Bulgaria, the Czech Republic, Poland, Romania and Estonia).We consider the financial constraints of private companies and compare the level of indebtedness and the determinants firms choices of capital structure in selected EU accession countries and EU countries.A dynamic non-linear adjustment model is adopted to explicitly model the adjustment of a firm s leverage to a target leverage.
- ISBN
-
951-686-894-0
- Sprache
-
Englisch
- Erschienen in
-
Series: BOFIT Discussion Papers ; No. 6/2004
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Nivorozhkin, Eugene
- Ereignis
-
Veröffentlichung
- (wer)
-
Bank of Finland, Institute for Economies in Transition (BOFIT)
- (wo)
-
Helsinki
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Nivorozhkin, Eugene
- Bank of Finland, Institute for Economies in Transition (BOFIT)
Entstanden
- 2004
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