出版社:International Medical Journal Management and Indexing System
摘要:This paper investigates the determinants of capital structure of production firms listed in ISE. The data of 196 firms are obtained from the quarterly financial statements between 2001q2 - 2008q2. We used the method of Panel Corrected Standard Errors developed by Beck and Katz (1995) to examine the data set in which, in total, we have 5684 observations. The findings can be interpreted as the relevance of pecking order theory for the short term debts whereas the relevance of static tradeoff theory for the long term debts, of firms listed in ISE.
关键词:Capital Structure; Panel Corrected Standart Errors; ISE Real Sector. JEL Classification: G32; C23; G19