Please use this identifier to cite or link to this item:
https://www.um.edu.mt/library/oar/handle/123456789/30720
Title: | The impact of financial structure on the performance of European listed firms |
Authors: | El-Chaarani, Hani |
Keywords: | Business enterprises -- Europe Business enterprises -- Law and legislation -- Europe Business enterprises -- Finance Financial leverage -- Europe |
Issue Date: | 2014 |
Publisher: | University of Piraeus. International Strategic Management Association |
Citation: | El-Chaarani, H. (2014). The impact of financial structure on the performance of European listed firms. European Research Studies Journal, 17(3), 103-124. |
Abstract: | By considering different systems of legal protection this study examines the impact of capital structure on the performance of listed firms in European region. Based on 5050 listed firms in eight European countries, the results of the study reveal that the owners in low level of legal protection are more likely to use the capital structure of the firms in order to serve their proper interests. In high level of legal protection, the market based system and the debts are enrolled to constraint the expropriation of private benefits. |
URI: | https://www.um.edu.mt/library/oar//handle/123456789/30720 |
Appears in Collections: | European Research Studies Journal, Volume 17, Issue 3 |
Files in This Item:
File | Description | Size | Format | |
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ERSJ,_17(3)_-_A7.pdf | 313.94 kB | Adobe PDF | View/Open |
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