This paper show result of empirical analysis application of cost of capital for capital structuring in Croatian firms …. Intensity of this applications is highly unrespectable because Croatian firms usually calculated cost of capital in their … capital budgeting process. Analysis also show low inconsistency of Croatian firm's capital structures with peaking order …

negatively with aggregate financial sector ROE, which is puzzling, as ROE is commonly used as a measure of the cost of capital in …

cost of capital. The population of this study is 1.188 firm-year observations. However, we excluded 408 firm-year with less … calculate the cost of capital and 35 firm-year without sufficient financial accounting information to calculate control … rapidly reduce their cost of capital. The findings also indicate that capital structure does not play a moderating role to …