The Optimal Capital Structure for Polish Acquiring Companies – the Production Sector
Piotr Luty , Ilona Fałat-Kilijańska , Roman Vawrek
AbstractThe paper explores the viability of a theoretical construct of an optimal structure of financing for Polish receiving companies in preparation for their acquisitions. The study was based on a sample of Polish receiving companies operating in the production sector in the period of 2002 – 2013 and applied to periods of 1 year prior to the planned merger or acquisition. The research employed instruments of statistical analysis, with focus on linear and multinomial regression. The findings seem to confirm the utility of a theoretical construct representing a structure of capital deemed optimal to ensure an increase in asset operating profitability
|Publication size in sheets||0.5|
|Book||Milovan Stanisic, Stanisic Svetlana, Stanisic Nemanja (eds.): The Role of Financial and Non-Financial Reporting in Responsible Business Operation. Book of proceedings Singidunum University International Scientific Conference, 2018, Singidunum University, ISBN 9788679126894, 122 p.|
|Keywords in English||mergers, acquisition, capital structure, leverage|
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