Factors affecting leverage during a financial crisis: Evidence from Turkey
The purpose of this study is to investigate the determinants of capital structure over time and the level of leverage before, during and after a financial crisis. Using a sample of publicly traded Turkish firms for the period of 1989–2012, we hypothesize and find that firm size and industry median l...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2019-06-01
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Series: | Borsa Istanbul Review |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2214845017300728 |