Financial Market Imperfections and Corporate Decisions Lessons from the Transition Process in Hungary /

• Main Authors: Colombo, Emilio (Author), Stanca, Luca (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Heidelberg : Physica-Verlag HD, 2006.
• Series: Contributions to Economics,
• Subjects: Finance.; Economics.; Management science.; Macroeconomics.; Public finance.; Economics, general.; Public Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Finance, general.

The book presents the results of an empirical investigation of the behaviour of Hungarian firms during the transition process focusing in particular on the role of financial market imperfections for corporate capital structure and investment decisions. The results suggest that financial market refor...

Table of Contents:

• Financial market imperfections and corporate decisions: theory and evidence
• The transformation of the Hungarian financial system
• Patterns of corporate financial positions
• The determinants of corporate capital structure
• Financial constraints and investment decisions
• Conclusions.