Capital Structures in Developing Countries: Evidence from Ten Country Cases
Asl? Demirgüç-Kunt · Vojislav Maksimovic
Jan 1994 · World Bank Publications
Ebook
38
Pages
About this ebook
Variables that predict capital structure in the United States also predict choices of capital structure in a sample of ten developing countries. In several countries, total indebtedness is negatively related to net fixed assets, suggesting that markets for long- term debt do not function effectively.
Variables that predict capital structure in the United States also predict choices of capital structure in a sample of ten developing countries. In several countries, total indebtedness is negatively related to net fixed assets, suggesting that markets for long- term debt do not function effectiv...
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