#8108. Capital structure and firm performance: Agency theory application to Mediterranean aquaculture firms

October 2026publication date
Proposal available till 08-06-2025
4 total number of authors per manuscript0 $

The title of the journal is available only for the authors who have already paid for
Journal’s subject area:
Ecology;
Geography, Planning and Development;
Aquatic Science;
Places in the authors’ list:
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More details about the manuscript: Science Citation Index Expanded or/and Social Sciences Citation Index
Abstract:
The study uses firm level panel data to determine performance-leverage relationships among Mediterranean aquaculture production firms in Croatia, Italy, Spain, France and Greece. A stochastic frontier production function is used to determine and define performance through firm level efficiency estimates. The multilevel internal instrument variable approach is employed to identify the causal relationships between performance and leverage.
Keywords:
Agency theory; aquaculture; capital structure; firm performance

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