Search Results - subject:"pecking order theory"

Financial Determinants of Firms Profitability: A Hazard Function Investigation

Di Guilmi, Corrado - Dipartimento di Scienze Economiche e Sociali, Facoltà … - 2008

In this paper a hazard function analysis is performed on a set of European firms in order to identify a stochastic relationship among financial structure and profits. The relative proportions of debt and equity financing appear to influence expected profitability with a different degree for each...

Persistent link: https://www.econbiz.de/10004990635

A Dynamic Analysis of Capital Structure Determinants. Empirical Results for Romanian Capital Market

Dragota, Mihaela; Semenescu, Andreea - In: Theoretical and Applied Economics 4(521) (2008) 4(521), pp. 65-80

used in the regression model are significant. The pecking order theory seemed to be more appropriate for the Romanian …

Persistent link: https://www.econbiz.de/10005099684

What do we know about the capital structure of privately held firms? Evidence from the Surveys of Small Business Finance

Cole, Rebel - Volkswirtschaftliche Fakultät, … - 2008

conducted to test the two major competing theories of capital structure (Trade-Off Theory and Pecking-Order Theory), yet none of … that femaleowned firms use less leverage. In general, these results are broadly supportive of the Pecking- Order Theory and …

Persistent link: https://www.econbiz.de/10005621278

Signaling Credit Risk in Agriculture: Implications for Capital Structure Analysis

Zhao, Jianmei; Barry, Peter J.; Katchova, Ani L. - In: Journal of Agricultural and Applied Economics 40 (2008) 03

Signaling is an important element in the lender-borrower relationship that influences the cost and availability of debt capital to agricultural borrowers. This paper analyzes the effects of signaling on farm capital structure in conjunction with the pecking order and trade-off theories. The...

Persistent link: https://www.econbiz.de/10005801895

Determinants of corporate financing decisions: a survey evidence from Czech firms

Körner, Pavel; Jindřichovská, Irena - Institut ekonomických studií, Univerzita Karlova v Praze - 2008

managers perceive particular instruments of internal and external financing. We find, that firms follow pecking order theory … for working capital financing, however the arguments for pecking order theory in investment financing are not that strong …

Persistent link: https://www.econbiz.de/10005698698

Determinants of corporate financing decisions: A survey evidence from Czech firms

Jindřichovská, Irena; Körner, Pavel - 2008

Persistent link: https://www.econbiz.de/10010322315

Capital structure choice: a case study on New Zealand's unlisted firms

Wellalage, Nirosha Hewa; Locke, Stuart - In: American Journal of Finance and Accounting 3 (2014) 2/3/4, pp. 93-108

pecking order theory, trade-off theory and agency costs theory and the effects of firm ownership structure, firm … choices. Though the results generally support pecking order theory, they indicate a potential need for different capital …

Persistent link: https://www.econbiz.de/10010816697

Capital Structure Determinants of Publicly Listed Companies in Saudi Arabia

Alzomaia, Turki SF - In: The International Journal of Business and Finance Research 8 (2014) 2, pp. 53-67

This paper investigates the capital structure of listed firms in Saudi Arabia, using firm specific data to study the determinants of leverage. The study is based on an analysis of the capital structure of 93 Saudi listed companies. The study extends from 2000 to 2010 and employs cross-sectional...

Persistent link: https://www.econbiz.de/10010943323

Analysis of corporate cash holdings of firms in Malaysia

Wasiuzzaman, Shaista - In: Journal of Asia Business Studies 8 (2014) 2, pp. 118-135

characteristics and their relationships with cash holdings indicate that other than the pecking order theory, the trade-off theory and …

Persistent link: https://www.econbiz.de/10014838606

Determinants of capital structure : empirical evidence from large taxpayer share companies in Ethiopia

Umer, Usman Muhammed - In: International journal of economics and finance 6 (2014) 1, pp. 53-65

Persistent link: https://www.econbiz.de/10010236885