Shugliashvili, Teona; Pirveli, Erekle; Munjishvili, Tea; … - In: Credit and capital markets : Kredit und Kapital 56 (2023) 3/4, pp. 313-351
-related determinants. Utilizing a 10-year dataset encompassing 13,051 SMEs, we employ a dynamic panel data model with an unbiased Dynamic … Panel Fractional (DPF) estimator to identify the key variables influencing the debt-to-equity ratio. The findings underscore …