Dergiler / Journal of Business Economics and Finance / 2018 / Cilt: 7 - Sayı: 4

DOES SENTIMENT AFFECT CAPITAL STRUCTURE DECISIONS?

Efe Caglar CAGLİ, Elif KORKMAZ, M. Banu DURUKAN

Sayfa
340–345
DOI
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Abstract

Purpose- This study aims to investigate whether investor and managerial sentiment have an effect on capital structure decisions of manufacturing firms listed on Borsa Istanbul between 2010 and 2017. This study contributes to the existing literature by including sentiment as a determinant of capital structure in the analysis as well as differentiating between investor and managerial sentiment.