Analiza struktury kapitału małych i średnich przedsiębiorstw w ujęciu branżowym. Wyniki badań empirycznych
Analysis of the Capital Structure of Small and Medium Enterprises in Particular Industries – the Results of Empirical Research
Author(s): Dorota KędziorSubject(s): Economy, Accounting - Business Administration
Published by: Wydawnictwo Uniwersytetu Ekonomicznego w Krakowie
Keywords: debt ratios; theories of capital structure; small and medium enterprises; Polish Classification of Activities
Summary/Abstract: The article analyses the capital structure of small and medium-sized enterprises (SMEs). It presents the basic theories of capital structure relating to SMEs. The empirical verification covered 6727 enterprises from the SME sector for the period 2012–2016 (the article does not discuss micro enterprises). For the purposes of the analysis, the group of enterprises was divided into industries according to the Polish Classification of Activities. SME debt ratios remained at a relatively stable level, with a higher short-term than long-term. Debt ratios in individual industries were highly diversified.
Journal: Zeszyty Naukowe Uniwersytetu Ekonomicznego w Krakowie
- Issue Year: 979/2019
- Issue No: 1
- Page Range: 63-77
- Page Count: 15
- Language: Polish
