CAPITAL STRUCTURE OF UKRAINIAN NON-FINANCIAL COMPANIES IN HISTORICAL PERSPECTIVE
Autor: | D. Chernenko |
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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 |
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