provided yet. We use a comprehensive data set of Italian manufacturing firms to investigate this issue. We analyse the role of … a wide number of financial variables in driving the rate of self-financing of firms, in both traditional and R … absence of public subsidies, no internal or external market variable is able to explain the firms' financing decisions …

how small firms in Italy’s Southern regions have higher levels of equity and fixed assets than small firms in other …There is tremendous interest, in the economic literature, for the determinants of firms’ capital structure decisions. A … rich body of empirical works now exists that purports to identify firm- and country-level factors affecting firms …