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Testing the Efficiency of Classic Theories of Capital Structure in Bank-oriented Financial Systems Cover

Testing the Efficiency of Classic Theories of Capital Structure in Bank-oriented Financial Systems

Zagreb International Review of Economics and Business
Volume 28 (2025): Issue 2 (November 2025)
By: Ena Pecina,  Irena Raguž Krištić and  Andrija Sabol  
Open Access
|Dec 2025

Authors

Ena Pecina

epecina@efzg.hr

Faculty of Economics and Business, University of Zagreb, Zagreb, Croatia

Irena Raguž Krištić

Faculty of Economics and Business, University of Zagreb, Zagreb, Croatia

Andrija Sabol

Faculty of Economics and Business, University of Zagreb, Zagreb, Croatia
DOI: https://doi.org/10.2478/zireb-2025-0019 | Journal eISSN: 1849-1162 | Journal ISSN: 1331-5609
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Language: English
Page range: 129 - 154
Published on: Dec 6, 2025
Published by: University of Zagreb, Faculty of Economics & Business
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year
Keywords:
financial leverage,
trade-off theory,
pecking order theory,
debt-equity optimization,
target-adjustment behaviour
Related subjects:
Business and economics,
Political economics,
Macroeconomics,
Public finance and fiscal theory,
Business management,
Marketing, sales, customer relations,
Management, organization, corporate governance

© 2025 Ena Pecina, Irena Raguž Krištić, Andrija Sabol, published by University of Zagreb, Faculty of Economics & Business
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

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