Corporate Debt Dynamics: Sectoral Clustering Analysis Using NACE Classification in Slovakia
Dominika Gajdosikova,
Katarina Valaskova,
Agnieszka Lopatka
et al.
Abstract:Research background: Many authors are currently exploring the impact of the industry on the financial structure of enterprises since there are statistically significant differences across various sectors, exposing the industry as a critical factor influencing corporate indebtedness. Clusters of sectors with homogeneous patterns of indebtedness and comparable levels of debt in various economic conditions may be determined, and, therefore, firms and their debt levels should be systematically examined and evaluat… Show more
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