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OverviewThis book offers a comprehensive examination of the factors affecting corporate capital structures across 12 European Union countries, focusing on the influence of country-specific, industry-specific and firm-size-related determinants. It provides a comprehensive review of various interpretations of the capital structure concept and offers a detailed characterisation of commonly employed metrics. Furthermore, it offers an overview of capital structure theories and attempts to classify the factors that shape the financial leverage of enterprises within the framework of these theories. Additionally, it draws readers’ attention to contemporary factors potentially affecting corporate financing decisions, such as Environmental, Social and Governance (ESG) considerations or technological advances and innovations in finance. It combines theoretical insights with empirical research to explore the direct and indirect impacts of these factors on companies’ financing patterns. Targeting a broad readership including students, Ph.D. candidates, researchers, academics and financial practitioners, the book offers a rich understanding of capital structure optimisation and its significance for enhancing company value. Through its coverage of various capital structure theories, determinants and the role of external and internal factors in capital structure decisions, the book is an essential resource for those interested in the complex nature of these influences within the European landscape. With the exception of Chapter 2, no part of this book may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers. Chapter 2 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license. Any third party material in this book is not included in the OA Creative Commons license, unless indicated otherwise in a credit line to the material. Please direct any permissions enquiries to the original rightsholder. Full Product DetailsAuthor: Julia Koralun-Bereźnicka , Magdalena Gostkowska-Drzewicka , Ewa MajerowskaPublisher: Taylor & Francis Ltd Imprint: Routledge Weight: 0.562kg ISBN: 9781032853789ISBN 10: 1032853786 Pages: 208 Publication Date: 08 August 2024 Audience: College/higher education , Tertiary & Higher Education Format: Hardback Publisher's Status: Active Availability: In Print ![]() This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsIntroduction 1. Interpretation and measurement of capital structure in the light of theories 2. Capital structure determinants according to empirical findings: Literature review 3. The role of country, industry and firm size in the differentiation of capital structure: Research methodology 4. The role of country as a capital structure determinant 5. The role of industry as a capital structure determinant 7. The role of firm size and time factor as capital structure determinants 7. SummaryReviewsAuthor InformationJulia Koralun-Bereźnicka is Associate Professor in the Department of Corporate Finance, Faculty of Management, University of Gdańsk, Poland. Magdalena Gostkowska-Drzewicka is lecturer in the Department of Corporate Finance, Faculty of Management, University of Gdańsk, Poland. Ewa Majerowska is Associate Professor in the Department of Corporate Finance, Faculty of Management, University of Gdańsk, Poland. Tab Content 6Author Website:Countries AvailableAll regions |