| Popis: |
This paper explores the microeconomic and macroeconomic drivers of financial structure, through a sample of 30 technology companies listed on the New York Stock Exchange, over the period 2005-2018. The financial structure was assessed via long-term debt rate, short-term debt rate and total debt rate, whereas the size of the company, tangibility of assets, growth opportunity, effective tax rate and financial return were selected as microeconomic factors, alongside macroeconomic indicators concerning interest rate, inflation rate and gross domestic product per capita. |
