Empirical Researches of Capital Structure in the Emerging Markets: Specificity And Methodology

Abstract

Author: Sofia Mikhailovna Gerasimova - National Research University "Higher School of Economics."

The present article offers an overview of the range of recent empirical works focused on the capital structure decisions in the emerging markets. This paper systematizes the specific and essential for analyses of capital structure decisions features of the emerging capital markets. The results of the range of recent empirical researches of capital structure in the emerging markets are given. The generalization of outcomes of recent works which focused on the capital structure decisions in the emerging markets would permit to take into consideration the specificity of such researches in further analyses of capital structure decisions in the emerging markets.