العوامل المؤثرة على الهيكل المالي للمؤسسة الجزائرية : حالة القطاع الخاص الصناعي للفترة 2016- 2018

الملخص EN

This paper aims to identify the factors affecting the financial structure of the Algerian industrial corporation in the private sector, using panel models.

The studied sample consists of 94 institutions during the period (2016-2018).

To build the standard model, we considered the debt level as a dependent variable and the rest of the studied variables as independent variables.

To estimate it, we used the (Stata-11) program.

The results showed that the best model for interpreting the phenomenon is the fixed effects model, and that the most influential variable in the level of indebtedness is the guarantees and financial theory that explained to us the results obtained is the pecking order theory