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Capital Structure in Developing Countries

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Author Info
Booth, L.
Asli Demirgu-Kunt, V.A.
Maksimovic, V.

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Abstract

This study uses a new date set to assess whether capital structure theory is portable across countries with different institutional framework. We analyze capital structure choices of firms in 10 developing countries, and provide evidence that these decisions are affected by the same variables as in developed countries.

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Publisher Info
Paper provided by Rotman School of Management, University of Toronto in its series Rotman School of Management - Finance with number 00-001.

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Length: 47 pages
Date of creation: 1999
Date of revision:
Handle: RePEc:fth:rotfin:00-001

Contact details of provider:
Postal: Rotman School of Management. 105 St. George Street. Toronto, Ontario. Canada M5S 3E6
Phone: 416.978.3499
Web page: http://www.mgmt.utoronto.ca/
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Related research
Keywords: CAPITAL MARKET ; DEVELOPING COUNTRIES;

Other versions of this item:

Find related papers by JEL classification:
D20 - Microeconomics - - Production and Organizations - - - General
D21 - Microeconomics - - Production and Organizations - - - Firm Behavior
D92 - Microeconomics - - Intertemporal Choice and Growth - - - Intertemporal Firm Choice and Growth, Investment, or Financing
O16 - Economic Development, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment

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This page was last updated on 2009-11-20.

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