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Enterprises from NewConnect Stock Market

Author(s): Grzegorz Gołębiowski | Małgorzata Skibińska

Journal: Contemporary Economics
ISSN 2084-0845

Volume: 3;
Issue: 4;
Start page: 1;
Date: 2009;
Original page

Corporate capital structure has been the subject of extensive research in the last decades. The article briefly examines the existing theories of corporate capital structure. However, applying those concepts in practice has brought mixed results. This study is another attempt to determine capital structure in selected companies as well as analyze impact of the pre-defined debt level on effectiveness of economic entity. Variables like size and sector and their influence on debt-raising ability have also been verified. 10 companies permitted to trade on NewConnect stock market constituted the sample for this study.
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