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R. Gropp and F. Heider, The determinants of Capital Structure (-13.81)*** (-13.32)*** (-11.97)*** (-5.78), )*** (3.18)*** (2.06)** (2.53)** (2.73)*** (4.96)*** (3.62)*** (4.38)*** (4.53)*** Size -0)*** (6.80)*** (7.52)*** (2.15)** (2.80)*** (2.83)*** (2.97)*** (4.62)*** (5.03)*** Equity * (-8.46)*** (-8.26)*** (-4.03)*** (-3.16)*** (-3.08)*** (-0.19) (1.52) (1.59) (-3.32)*** (-1.76)* (-1, 2010.

. Econ, 79)*** (3.15)*** (3.70)*** (1.11) (1.56) (1.61) (0.92) (1.61) (1.70)* Competition 0, )* (1.87)* (1.60))*** (5.86)*** (4.57)*** (4.54)*** (5.07)*** (5.57)*** (2.94)*** (2.84)*** (2.59)*** (2.28)** (2.12)** (2.39)**)*** (-14.51)*** (-14.86)*** (-4.54)*** (-4.63)*** (-6.92)*** (-6.69)*** Mark)*** (3.42)*** (-1.64) (3.76)*** Liab) (2.77)*** (0.08) (1.43) Intercept