What determines leverage in selected countries of Central and Eastern Europe in the automotive industry

Abstract

The subject of this article is to analyse the inancial structure of companies belonging to the second and third sector. The issue of sources of funding is one of the fundamental decisions of inancial managers and has been a much-debated topic in the last century. A number of studies have been written throughout this period, but there is still no consensus, and there is still a need to expand this area with new knowledge for other countries and sectors. The analysis covers medium and large companies engaged in automotive industry and is located in eleven selected countries including the Visegrad Group,