<i> L'economia delle imprese nei distretti italiani: redditività, dominanza e strategie differenziali </i> (di Alessandro Nova) - ABSTRACT: The paper address the issue of the effects induced on firm profitability, performance dominance and strategic behaviour by belonging to an industrial district....

How does capital market access affect the capital structure decisions of firms? To examine this question, we compare the financing decisions of a large sample of private and public companies from 18 different European countries. We find significant differences in the leverage policies of private...