Capital structure determinants of small and medium-sized enterprises: evidence from Central and Eastern Europe

Czerwonka, Leszek; Jaworski, Jacek

doi:10.1108/jsbed-09-2020-0326

Public

Capital structure determinants of small and medium-sized enterprises: evidence from Central and Eastern Europe

Published in Journal of Small Business and Enterprise Development • Feb 16, 2021

Authors:

Leszek Czerwonka

Jacek Jaworski

Abstract

Purpose The main aim of the paper is to examine the small and medium-sized enterprises’ (SMEs) capital structure determinants in Central and Eastern Europe (CEE) (Poland, Czechia, Slovakia, Hungary, Bulgaria and Romania). Design/methodology/approach The authors used panel models to analyze financial...

Subject

Capital structure

Business

Debt

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