Is capital structure important for the value of agro-food corporations in Serbia?
| Autor: | Janković-Perić Marina, Jovanović Dejan, Fedajev Aleksandra |
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| Jazyk: | English<br />Serbian |
| Rok vydání: | 2022 |
| Předmět: | |
| Zdroj: | Ekonomika Poljoprivrede (1979), Vol 69, Iss 2, Pp 425-439 (2022) |
| Druh dokumentu: | article |
| ISSN: | 0352-3462 2334-8453 |
| DOI: | 10.5937/ekoPolj2202425J |
| Popis: | The research aims to consider the nature of the influence of capital structure on the value of the corporations from the agro-food sector in Serbia. A panel regression analysis was used to test the hypotheses. The research covered the period from 2011 to 2018, and the sample consisted of 14 agro-food corporations whose shares are on the regulated market of the Belgrade Stock Exchange. The obtained results indicate that the capital structure has a statistically significant impact on the value of agro-food corporations and that the profitability of investment projects determines the nature of that impact. Consequently, the financial managers of agro-food corporations must consider the decision on the choice of capital structure as one of the key issues in the process of generating and increasing the corporation value. |
| Databáze: | Directory of Open Access Journals |
| Externí odkaz: |
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