CAPITAL STRUCTURE OF UKRAINIAN NON-FINANCIAL COMPANIES IN HISTORICAL PERSPECTIVE

Autor: D. Chernenko
Jazyk: German<br />English<br />Russian<br />Ukrainian
Rok vydání: 2018
Předmět:
Zdroj: Вісник Київського національного університету імені Тараса Шевченка. Серія Економіка, Vol 1, Iss 196, Pp 84-92 (2018)
Druh dokumentu: article
ISSN: 1728-2667
2079-908X
DOI: 10.17721/1728-2667.2018/196-1/12
Popis: This paper examines the dynamics of Ukrainian non-financial firms' capital structure within a historical perspective. It shows that firm financing since 1990 was a derivative from economic and institutional changes, and current levels of leverage are lower than ones of foreign peers. Whereas in the short-term we can expect some market recovery, long-term dynamics relies almost exclusively on the successof institutional reforms.
Databáze: Directory of Open Access Journals