The determinants of capital structure: An empirical study on Dutch firms

In this thesis I will research the influence of a certain set of determinants on the capital structure of Dutch stock-market listed firms. First I will select a number of firm-specific determinants as independent variables, whose influence on the capital structure I will test in multiple analyses. I will compare the influence of the firm specific variables across different time periods to capture the influence of the recent financial crisis on the relationship between the variables and the capital structure. It turns out multiple of my firm specific variables had a significant relationship, while the relationships were indeed different across the multiple selected time periods.