2020
DOI: 10.21203/rs.3.rs-27181/v1
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Econometric Analysis of the Influence of Macroeconomic Factors on Capital Structure of Russian Corporations under Crisis Conditions

Abstract: The study reveals the influence of macroeconomic factors on decisions about the optimal capital structure formation under financial globalization, in view of ever-changing factors of the external economic and geopolitical environment. The study is aimed at empirical testing of hypotheses on how the level of financial leverage of corporations depends on traditional determinants during and after the financial crisis under the emerging market conditions in Russia. The study deals with a large data set of 49 publi… Show more

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