Alufar Bokpin, Godfred - In: Studies in Economics and Finance 26 (2009) 2, pp. 129-142
Purpose – The purpose of this study is to examine the effect of macroeconomic factors on capital structure decisions of emerging firms. Design/methodology/approach – A panel data covering a period from 1990 to 2006 for 34 emerging market countries were analyzed using the seemingly unrelated...