Sánchez, Mª José Palacín; Herrera, Luis Miguel Ramírez - In: Revista de Estudios Regionales 02 (2011), pp. 45-69
capital structure of SMEs, due to the important role that awards the financial literature to the mentioned factors. To this … end, we apply panel data methods to the sample of 1.204 Andalusian SMEs for the period 2004 to 2007. The results of our … significantly the leverage of companies, while the effects of risk on the capital structure of SMEs is very residual. …