Capital Structure, Short Run Policy, And Performance Of Listed Manufacturing Firms In Greece

Abstract

<p class="MsoBodyText2" style="margin: 0in 0.5in 0pt;"><span style="font-size: 10pt;"><span style="font-family: Times New Roman;">Assuming the national culture and the legal tradition of Greece, this paper addresses two questions. First, does the capital structure affect performance in the same way as in the mature economies? Second, does the short run financial policy of the firm affect the performance and under what circumstances? We apply a panel data analysis using data from the Athens Stock Exchange to test for these questions. </span></span></p>