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Verschuldungsstrukturen im Vergleich

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Ramb, F. Verschuldungsstrukturen im Vergleich. . Eine Analyse europäischer Unternehmen. Credit and Capital Markets – Kredit und Kapital, 33(1), 1-38. https://doi.org/10.3790/ccm.33.1.1
Ramb, Fred "Verschuldungsstrukturen im Vergleich. Eine Analyse europäischer Unternehmen. " Credit and Capital Markets – Kredit und Kapital 33.1, 2000, 1-38. https://doi.org/10.3790/ccm.33.1.1
Ramb, Fred (2000): Verschuldungsstrukturen im Vergleich, in: Credit and Capital Markets – Kredit und Kapital, vol. 33, iss. 1, 1-38, [online] https://doi.org/10.3790/ccm.33.1.1

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Verschuldungsstrukturen im Vergleich

Eine Analyse europäischer Unternehmen

Ramb, Fred

Credit and Capital Markets – Kredit und Kapital, Vol. 33 (2000), Iss. 1 : pp. 1–38

2 Citations (CrossRef)

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Article Details

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Fred Ramb, Mannheim

Cited By

  1. Financement et gouvernement des entreprises

    Boutillier, Michel | Labye, Agnès | Lagoutte, Christine | Lévy, Nathalie | Oheix, Valérie

    Revue d'économie politique, Vol. Vol. 112 (2002), Iss. 4 P.499

    https://doi.org/10.3917/redp.124.0499 [Citations: 13]
  2. Wettbewerbliche Veränderungen im Bankensektor und ihre Auswirkungen auf die Geldpolitik der EZB

    Fähigkeit der EZB zur aktiven und zielgerichteten Steuerung des Transmissionsprozesses

    Kriener, Eberhard

    2002

    https://doi.org/10.1007/978-3-663-09131-8_6 [Citations: 0]

References

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Abstract

Comparing Debt Structures

A Study of European Enterprises

Thirty years after the seminal work of Modigliani and Miller and countless articles the capital structure puzzle is for the most part unsolved. Especially, in this field of research there is a considerable lack of empirical evidence. Using firm level data from seven European countries, this paper tries to analyze differences in the determinants of leverage due to legal form. For the most countries, including Germany, France, Spain, and the Netherland, legal form exerts only a slight impact on the determinants of capital structure. In contrast, only in the UK and Italy there are considerable effects of legal form on financing patterns. Taken together, earlier empirical evidence for stock market firms seems to hold for other legal forms.