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The Determinants of Capital Structure of Hungarian Firms in Transition

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Corporate Restructuring and Governance in Transition Economies

Part of the book series: Studies in Economic Transition ((SET))

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Abstract

The corporate capital structure decision, in spite of its ‘derived’ nature, has been in the focus of theoretical interest for decades. Its ‘derived’ characteristics means that corporate managers rarely make capital structure decisions to achieve optimum structure explicitly. The corporate managers make decisions on production, market and financing; the latter directly affecting the current corporate capital structure.

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Authors
  1. Andrea Balla
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  2. Iván Bélyácz
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Editor information

Editors and Affiliations

  1. Department of Economics, University of Trento, Trento, Italy

    Bruno Dallago (Professor of Economics) (Professor of Economics)

  2. Institute of Economic Research, Hitotsubashi University, Tokyo, Japan

    Ichiro Iwasaki (Associate Professor) (Associate Professor)

Copyright information

© 2007 Andrea Balla and Iván Bélyácz

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Balla, A., Bélyácz, I. (2007). The Determinants of Capital Structure of Hungarian Firms in Transition. In: Dallago, B., Iwasaki, I. (eds) Corporate Restructuring and Governance in Transition Economies. Studies in Economic Transition. Palgrave Macmillan, London. https://doi.org/10.1057/9780230801516_8

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