Naslov
Capital structures of Small and Medium-Sized Firms in Transitional Economies

Autori
Erickson, Michael ; Prohaska, Zdenko ; Vahčić, Aleš ; Vitezić, Neda

Izvornik
Zbornik radova - Sveučilište u Rijeci. Ekonomski fakultet Rijeka (1330-6308) 13 (1995), 2; 273-284

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, prethodno priopćenje, znanstveni

Ključne riječi
capital structure; small and medium sized firms; transitional economies

Sažetak
This paper seeks to shed light on how privatization has impacted the capital structure of small and medium sized firms. To do this, we compare a country that has yet to start massive privatization and one that is in the middle of the process, i.e. Croatia and Slovenia. Financial ratios are calculated for both of the countries to determine how capital structures change as privatization progresses. We expect to find that the more developed countries, and those where privatization has developed the fastest, will have greater degrees of financial leverage and less reliance on short-term financing.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA