How Micro-Level Determinants Affect the Capital Structure Choice: Evidence from Bosnia and Herzegovina

Abstract

The purpose of this study is to examine two leverage ratios using a sample of non-financial companies in Bosnia and Herzegovina (BiH

The Determinants of Capital Structures in Automotive and Component Industries as Listed in IDX (Indonesia Stock Exchange)

“…The interest rate is formed in the money market and capital market. An increase in interest rates in general will make the stock price going down because it will cut the company profits, so indirectly, with an increase in interest rates the capital structure will go down (Mangafić & Martinović, 2015). The measurement of capital structure with the proxies using interest rates can be written as:…”