The optimal capital structure is a key precondition for business, even though defining the optimal capital structure is … entities. Given the specificities of companies in the SME segment, achieving an optimal capital structure is a challenging task … as there is no model of an optimal capital structure that can be universally applied in corporate practice. For this …

There is tremendous interest, in the economic literature, for the determinants of firms’ capital structure decisions. A … in small firms’ capital structure. While small firms’ leverage does seem to vary across regions, at least in countries … firms. The present paper aims to fill this gap through an empirical analysis of cross-regional variation in the capital …