Goeck, Marco; Walther, Ursula - In: Credit and Capital Markets – Kredit und Kapital 55 (2022) 1, pp. 67-97
This study explores companies' financing decisions from a new perspective, those of the bank advisers, who are deeply …' personalities, but give little support for capital structure theories. The current change in German companies' financing behavior … financial stability and flexibility. To secure this, companies tend to combine traditional bank financing with new instruments. …