Abstract:Subject. In the uncertain market environment, the optimal structure of capital is getting more important because it influences the competitiveness of a firm, its financial sustainability and solvency and, consequently, a success. Herein we dwell upon the hypothesis presuming the existence of capital structure determinants.
Objectives. We review empirical studies on the subject, analyze determinants of the Russian companies’ capital structure.
Methods. The study is based on the systems approach and methods of s… Show more
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