Real estate is an industry that deserves some attentions to capital structure due to its own peculiarities. As a consequence, existing relevant literature and research is abundant of analyses that are focused on this industry as well. However, such studies have been centered mainly in the more...

Purpose – The purpose of this paper is to test whether the financial crisis has affected the capital structure of real estate companies in Europe and whether these impacts can be studied utilizing the variables traditionally used by the trade-off and pecking-order theories to explain the...