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Author: | Coeurderoy, R. |
Title: | Is there a size gap in corporate leverage? A European comparison |
Journal: | Jahrbücher für Nationalökonomie und Statistik
2001 : OCT, VOL. 221:5-6, p. 672-688 |
Index terms: | Corporate structure Small and medium-sized enterprises (SMEs) Manufacturing industry Europe Country comparisons |
Language: | eng |
Abstract: | The author evaluates corporate debt ratios by size classes in Continental Europe. Evidence is given on a sample of firmsin manufacturing industry for ten European countries (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Portugal and Spain). The descriptive analysis shows a 15 % point size gap in corporate leverage between small and large companies on average. Descriptive analysis shows a 15% point size gap in corporate leverage between small and large companies on average. for structural factors |
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