Search Results - subject:"pecking order theory"

Do Tanzanian Companies Practice Pecking Order Theory, Agency Cost Theory or Trade-Off Theory? An Empirical Study in Tanzanian Listed Companies

Ntogwa Ng’habi Bundala - In: International Journal of Economics and Financial Issues 2 (2012) 4, pp. 401-422

trade-off theory, the pecking order theory (information asymmetry theory), and agency cost theory in the Tanzanian context … pecking order theory, but the agency cost theory is confirmed to be valid and practiced in Tanzania. It recommended that …

Persistent link: https://www.econbiz.de/10010583142

French firm's financing choices: towards a reconciliation of the static trade-off theory and the pecking order theory?

Mazen, Gharsalli - HAL - 2012

The main purpose of this study is to examine the validity of the static trade-off theory and the pecking order theory …

Persistent link: https://www.econbiz.de/10009148037

What managers think of capital structure and how they act: Evidence from Central and Eastern Europe

Hernádi, Péter; Ormos, Mihály - In: Baltic Journal of Economics 12 (2012) 2, pp. 47-71

This paper analyzes the capital structure and the choice of financing alternatives across a broad sample of Central and Eastern European companies. Our investigation is built on two methods: the first concentrates on capital structure decisions through quantitive information applying panel...

Persistent link: https://www.econbiz.de/10010643344

Pecking Order Theory : An Empirical Test of Textile Firms Listed on the Karachi Stock Exchange

Pardesi, Arsalan - 2012

This research paper tests the pecking order theory of capital structure on the textile firms listed on the Karachi … pecking order theory provides more convincing explanation about the firms' financing behavior then the conventional leverage … factors.The results indicate that the pecking order theory by itself is rejected empirically. However, when compared to a …

Persistent link: https://www.econbiz.de/10013114306

A Theory of Asset Prices Based on Heterogeneous Information

Albagli, Elias - 2012

We propose a theory of asset prices that emphasizes heterogeneous information as the main element determining prices of different securities. Our main analytical innovation is in formulating a model of noisy information aggregation through asset prices, which is parsimonious and tractable, yet...

Persistent link: https://www.econbiz.de/10013109130

Bewertung von Tax Shields bei ausfallbedrohtem Fremdkapital

Kern, Christian; Mölls, Sascha H. - 2012

Persistent link: https://www.econbiz.de/10009618626

Quantifying the impact of higher capital requirements on the Swiss economy

Junge, Georg; Kugler, Peter - 2012

So far the discussion in Switzerland about the social costs and benefits of higher capital requirements resulting from the new Basel III Accord and the Swiss Too Big To Fail legislation has been heavily qualitative. This paper provides a quantitative view and estimates the long-run costs and...

Persistent link: https://www.econbiz.de/10009717274

Culture and capital structure in small and medium sized firms

Kearney, Colm; Mac an Bhaird, Ciarán; Lucey, Brian M. - 2012

Persistent link: https://www.econbiz.de/10009685977

Do Tanzanian companies practice pecking order theory, agency cost theory or trade-off theory? : an empirical study in Tanzanian listed companies

Bundala, Ntogwa Ng’habi - In: International journal of economics and financial issues … 2 (2012) 4, pp. 401-422

Persistent link: https://www.econbiz.de/10009690434

Productivity and FDI of Taiwan firms : a review from a nonparametric approach

Wakasugi, Ryūhei; Natsuhara, Takashi - 2012

Persistent link: https://www.econbiz.de/10009566562