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The capital structure of Hungarian firms

Colombo, E. (1999) The capital structure of Hungarian firms , Southampton, UK University of Southampton 32pp. (Discussion Papers in Economics and Econometrics, 9903).

Record type: Monograph (Discussion Paper)


In this paper we investigate the capital structure of Hungarian firms using a cross-section and a panel data approach. The data set constitutes of balance sheet data and information on market structure for 1100 firms from 1992 to 1996. We find evidence of forms of financial market imperfections, but also that banks are positively and actively involved in resolving the informational problems that are afflicting the credit market

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Published date: 1999
Keywords: transitional economies, Hungary, capital structure, panel data


Local EPrints ID: 33138
PURE UUID: abf6f42e-2588-43a9-b6c7-069b054e550e

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Date deposited: 10 May 2007
Last modified: 17 Jul 2017 15:53

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Author: E. Colombo

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