Purpose The purpose of this paper is to study the status of studies on capital structure determinants in the past 40 years. This paper highlights the major gaps in the literature on determinants of capital structure and also aims to raise specific questions for future research....

The purpose of this study is to provide a big-picture literature review on determinants of the capital structure of SMEs. This study is, therefore, an attempt to synthesize the literature findings on the determinants of the capital structure of SMEs. It further tries to explore the determinant's...