Beschreibung
Corporate structure is an important research area in corporate finance and it remains the core of literature studies for academicians. However studies had been focused on firms in developed countries and not much attention is payed on how firms in developing and emerging markets decide on their capital structure strategy. Therefore this study attempts to fill the gap by analyzing the capital structure of unlisted firms in Albania. This study examines the influence of the firms specific determinants: return on asset; return on quity; tangibility; liquidity; firm size; business risk; financial flexibility; non-debt tax shields and the macroeconomic factors: GDP growth rate; inflation rate; prime lending rate on capital structure of the firm.
Autorenporträt
Dr. Anila Çekrezi has finished her PhD studies in 2014 at the University "Aleksandër Moisiu" in Durrës, Albania. Since 2005 she is a lecturer at Economic Faculty, University "Aleksandër Xhuvani" in Elbasan, Albania. Her major areas of interest are Corporate Finance, Money and Banking and Capital Markets.
Herstellerkennzeichnung:
BoD - Books on Demand
In de Tarpen 42
22848 Norderstedt
DE
E-Mail: info@bod.de
