The process of capital structure formation is one of the main issues of corporate finance, since the optimal proportion of equity capital and debt capital will allow a company to use its resources in the most efficient way. The main objective of this article is to test the hypothesis of the existence of determinants that may affect capital structure of Russian companies in the period from 2014 to 2018. This paper uses a systematic approach, including methods of statistical analysis. The work includes review of empirical researches on the subject. The article represents proposed hypotheses and carries out the results of the correlation analysis of selected factors for Russian companies. The results showed no relations between the selected variables (company age, company size, EBIT, ROE, ROA, MOEX index Russia, key rate, GDP, inflation, taxes) and the capital structure of Russian companies in the period from 2014 to 2018.
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