It is aimed to determine the firm characteristics that affect the capital structure of the firms in ISE service sector. In this context information obtained from the financial tables of the firms is analysed by using panel data analysis with regression model. According to the findings of the study the most important firm characteristics that affect the capital structure of service firms are profitability, firm size, liquidity and tangibility of firm assets. The findings of the study are parallel with the pecking order theory and nondebt tax shields, growth opportunities, business risk, tax and cost of debt are found to be unimportant factor that do not affect capital structure of service firms
Alan : Sosyal, Beşeri ve İdari Bilimler
Dergi Türü : Uluslararası
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