WHAT A HARD DECISION: CAPITAL STRUCTURE OF REITS IN ISTANBUL STOCK EXCHANGE

By examining the factors that determine capital structure for Turkish Real Estate Investment Trusts (REITs) in Borsa Istanbul (BIST) over period 2014-2020, we attempt to present a contribution literature. In our study, use panel data analysis provide us proofs about impact of financial performance, stock and corporate on decisions REITS. Some findings are remarkably similar those prior studies this array literature while independent variables may seem be connected differently from leading theories (“pecking order theory trade-off theory”). The prominent pecking likewise receive mixed support, although link between appears skewed. As result, theory’s assumptions indicate changes driven by survival.