SUMMARY OF THEORIES IN CAPITAL STRUCTURE DECISIONS

Herczeg Adrienn ()
Additional contact information
Herczeg Adrienn: Univrsity of Debrecen,

Annals of Faculty of Economics, 2014, vol. 1, issue 1, 912-918

Abstract: Defining the optimal capital structure is a critical decision for any organization. This decision is important not only because of the need to maximize returns, but also because of the impact such a decision has on an organization's ability to deal with its competitive environment. There are many theories for this theme, but all the same, researchers have not found the optimal capital structure. In Hungary the capital structure of enterprises changed significantly since 1990, but it is true, that their decisions about the capital can not fit with neither theoretical appeal totally. There is no universal theory of the debt-equity choice, and no reason to expect one.

Keywords: capital structure; theories (search for similar items in EconPapers)
JEL-codes: M40 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://anale.steconomiceuoradea.ro/volume/2014/n1/100.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ora:journl:v:1:y:2014:i:1:p:912-918

Access Statistics for this article

More articles in Annals of Faculty of Economics from University of Oradea, Faculty of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Catalin ZMOLE ( this e-mail address is bad, please contact ).