Pecking at Pecking Order Theory: Evidence from Pakistan’s Non-financial Sector

This study tests the Pecking Order Theory for the capital structure of listed firms in Pakistan. As per Pecking Order Theory in capital structure formulation, internally generated resources would have first priority, followed by debt issuance where equity is used as a last resort. In its strong form...

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Prif Awduron:	Sheikh Jibran, Shakeel Ahmed Wajid, Iqbal Waheed, Tahir Masood Muhammad
Fformat:	Artigo
Iaith:	Inglês
Cyhoeddwyd:	Tomas Bata University in Zlín 2012-12-01
Cyfres:	Journal of Competitiveness
Pynciau:	pecking order theory capital structure debt issuance equity non-financial firms bankruptcy trade-off
Mynediad Ar-lein:	http://www.cjournal.cz/files/118.pdf
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