Abstract:Internal (firm-specific) and external (macroeconomic) factors influence a company's financing choice. However, most empirical research has focused on internal factors, with little emphasis on macroeconomic variables' influence on capital structure decisions, especially in emerging countries. This study aims to explore the macroeconomic factors influencing the firm's capital structure and analyze the effect of macroeconomic factors on the textile area in Pakistan. This study has examined data from the precedin… Show more
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