THE STAGES OF FIRM LIFE CYCLE AND CAPITAL STRUCTURE RATIOS FOR COMPANIES OF INDUSTRY
This paper presents research on the dependency between the particular stages of a firm’s life cycle and selected capital structure ratios. The findings are in line with the pecking order theory of capital structure, stating that early stages of a firm’s life cycle should be characterised by the tend...
Main Authors: | Mirosław Wasilewski, Joanna Żurakowska |
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Format: | Article |
Language: | English |
Published: |
Wydawnictwo SGGW - Warsaw University of Life Sciences Press
2020-06-01
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Series: | Polityki Europejskie, Finanse i Marketing |
Subjects: | |
Online Access: | https://pefim.sggw.pl/article/view/3488 |
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