Determinanty struktury kapitałowej w teoriach substytucji

Abstract

he goal of this article is identification and estimation of the influence of chosen determinants on corporate capital structure according to the trade-off theories (i.e. bankruptcy cost theory and agency cost theory). The article consists of two parts: theoretical and empirical one. Theoretical part contains description of the capital structure determinants appearing in the trade-off theories. Empirical part relates to the verification of hypothesis within the range of the influence of the determi- nants on corporate capital structure.

Keywords

• capital
• capital structure
• determinants of corporate capital structure
• structure theories