Financing and capital structure of Hungarian companies
by Marta Szoradi-Szabo
International Journal of Economic Policy in Emerging Economies (IJEPEE), Vol. 2, No. 3, 2009

Abstract: The objective of this paper is to investigate the main tendencies and factors affecting financing companies and the capital structure of Hungarian companies. We found that bank credit is the most important amongst external financing funds of Hungarian companies. The bank intermediary system has a more concentrated role in the operation of companies. General experience is that banks are ready to finance the short-term credits of companies continuously, but long-term capital investment and a company's borrowing for investment meet with difficulties.

Online publication date: Thu, 24-Dec-2009

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