Abstract Investigating the effects on the capital structure has been a widely debated topic for over a century. There are countless studies on this subject today. However, there is still a need to test more samples of companies, as the confirmation or rebuttal of assumptions depends on the industry, country, and size of the selected company. This research deals with the impact of five selected determinants – profitability, asset structure, non-debt tax shield, GDP growth rate, inflation, on the total, long-term and short-term debt of mining companies from eleven selected economies – eight countries from Central and Eastern Europe and three industry leaders from non-European countries. The analysis of data obtained from Orbis and the World Bank database covers the period 2009–2017. Correlation analysis and GMM methods are used to detect the dependencies of variables. Many countries show some links to selected types of debt. Some of these links are in line with the input assumptions, some unfortunately not.

中文翻译：

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所选决定因素对所选国家/地区矿业公司财务结构的影响

摘要研究对资本结构的影响已成为一个多世纪以来广泛争论的话题。如今，有许多关于此主题的研究。但是，仍然需要测试更多的公司样本，因为对假设的确认或反驳取决于所选公司的行业，国家/地区和规模。这项研究研究了五个选定的决定因素–获利能力，资产结构，非债务税收保护，GDP增长率，通货膨胀对来自八个选定国家的11个选定经济体的矿业公司的总债务，长期债务和短期债务的影响来自中欧和东欧以及来自非欧洲国家的三位行业领导者。从奥比斯和世界银行数据库获得的数据分析涵盖了2009-2017年。相关分析和GMM方法用于检测变量的相关性。许多国家显示了与某些债务类型的某些链接。这些链接中的一些符合输入的假设，但不幸的是，有些不符合。