capital structure

• the performance and efficiency of business units
• corporate investment
• performance management
• financial management
• ratios in analysis, control and profit planning
• financial market efficiency and inefficiency
• financial markets and their impact on economic activity
• an impact of corporate reputation on stock prices

The department conducts scientific research in three main areas. The first one is devoted to   corporate finance, and especially to the  sources of financing, capital structure and its determinants, capital market and financial instruments.
The second research topic is corporate governance. Within this area scientific interests are focused on international corporate governance,   problems concerning  state-owned firms and on supervision in family businesses.