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- W2965597228 abstract "An analysis of the scientific literature has revealed that companies in advanced countries have mixed capital structures, whereas companies in less advanced countries mostly depend on bank credits and loans. The reason for dependence on bank funding lies in the fact that corporate bonds are profitable only to large companies with a high credit rating, while small and medium companies—as well as large companies with lower credit ratings—find bank loans to be a more attractive method of external financing. This article focuses on the impact of particular financial and economic determinants on corporate borrowing in Lithuania. With a view to providing not only theoretical, but also practical insight in the problems of corporate financing, we have included such financial determinants as interest rates and bond yields." @default.
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- W2965597228 date "2019-01-01" @default.
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- W2965597228 title "A Preference for Corporate Borrowing in Alternative Markets over Borrowing from Banks under the Impact of Monetary Policies: a Lithuanian Case" @default.
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- W2965597228 doi "https://doi.org/10.1080/1331677x.2019.1638288" @default.
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