In analyzing the public debt problem, there is an analytic presentation and also a historic presentation. The present project is a combination between the two modalities, emphasizing the institutional side, where the historic presentation is made by underlining the changing moments in history....

The idea that the present euro-zone sovereign debt crisis was caused by structural weaknesses degenerating into fundamental macroeconomic imbalances in the peripheral countries prevails among economists and politicians alike. We use quarterly data from 2000 to 2011 from the 27 European Union...

The aim of this article is to estimate how firm-specific indicators and macroeconomic conditions affect capital structure choices and to determine whether or not the current financial crisis may have a significant impact on corporate financing decisions. The sample analyzed consists of 196...

This paper provides an insight into the literature on capital structure and its determinants. The capital structure refers to the specific combination of debt and equity and their use in financing the corporate operations. Considering there are various determinants of corporate financing...

This article investigates the regulations which should be applied in the financial system in order to minimize the losses. The subject is based on the banking policy of “privatisation of profits and nationalisation of losses” and it is debated mainly from trade articles point of view. Even...

This paper examines the impact of capital structure, as well as its determinants on the financial performance of Romanian companies listed on the Bucharest Stock Exchange. The analysis is based on cross sectional regressions and factor analysis, and it refers to a ten-year period (2003-2012)....