ВЕСТНИК Санкт-Петербургского университета. Серия менеджмент.
Go to: 
RUSSIAN
Published since 2002
Frequency: 4 issues per year
About Journal Current Issue Archive Information for Authors E-MAIL / Search

Issue 1, 2010

Berezinets I. V., Razmochaev A. V., Volkov D. L. Financing Decisions of Russian Companies: An Empirical Investigation.

The article presents results of empirical analysis of two most developed theories of capital structure, static tradeoff and pecking order, using a sample of that covers 2000–2006 period and includes 33 Russian public firms. The authors develop and test a hypothesis that firms make financing decisions in accordance with pecking order theory. This hypothesis is supported in further econometric tests. Keywords: Capital Structure, Static Tradeoff Theory, Pecking Order Theory.

<< Contents: Issue 1, 2010
<< Go to archive

All Issues:
 
Обложка последнего номера журнала
Released: Issue 2, 2017
Search in
  
Our address:
3, Volkhovskiy per.
St. Petersburg,
199004, Russia

phone: +7(812) 323-84-52
fax: +7(812) 323-84-51

vestnik@gsom.pu.ru
© 2005 2006 Graduate School of Management, SPbSU