Pecking Order Theory and Trade-Off Theory of Capital Structure: Evidence from Indonesian Stock Exchange [PDF]
Numerous empirical studies in the finance field have tested many theories for firms’ capital structure. The pecking order theory and the trade-off theory of capital structure is among the most influential theories of firms’ capital structure.
Priska Ralna Eunike Culata, Tri Gunarsih
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Differentially expressed genes for aggressive pecking behaviour in laying hens [PDF]
Background Aggressive behaviour is an important aspect in the daily lives of animals living in groups. Aggressive animals have advantages, such as better access to food or territories, and they produce more offspring than low ranking animals.
Sørensen Peter +3 more
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Siklus Hidup Perusahaan dan Teori Pecking Order [PDF]
Abstrak Penelitian ini bertujuan untuk menguji hubungan antara siklus hidup perusahaan dengan teori pecking order. Penelitian ini menggunakan data yang terdiri dari14 perusahaan yang tercatat sebagai saham syari’ah di Bursa Efek Indonesia.
Yulia Pebrianti
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Divergent selection on feather pecking behaviour in laying hens (Gallus gallus domesticus) [PDF]
A selection experiment was initiated in 1996 in which selection for (HP line) and against (LP line) feather pecking was performed. The foundation stock was a White Leghorn layer strain established in 1970 and maintained since then as a random bred ...
P. Sørensen +5 more
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What drives security issuance decisions: Market timing, pecking order, or both? [PDF]
We study market timing and pecking order in a sample of debt and equity issues and share repurchases of Canadian firms from 1998 to 2007. We find that only when firms are not financially constrained is there evidence that firms issue (repurchase) equity ...
Dong, M. +5 more
core +1 more source
Analysis of the capital structure of startups in light of the tradeoff and pecking Order theories
Purpose: Startups have significant differences compared to other companies. They have many intangible assets (e.g., team tenure and experience of founders), are risky, and tend not to generate profits in their initial years (Heirman & Clarysse, 2007 ...
Gabriela de Carvalho Colombo +3 more
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Pemilihan Sumber Pendanaan Perusahaan Berdasarkan Hipotesis Pecking Order
This Article proposes a rational justification to the Pecking order Hypothesis through relationship with Modigliani Miller Proposition I. The reason to support our justification is 7 (seven) incentives of Pecking order Hypothesis.
Ida .
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Pecking at Pecking Order Theory: Evidence from Pakistan’s Non-financial Sector [PDF]
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 ...
Sheikh Jibran +3 more
doaj
Pecking Order Theory (POT) states that hierarchy fundings based on the cheapest cost coming from internal fund, followed by external fund are needed to determine the capital structure.
Tajudin Noor +2 more
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Deviation from target debt ratio, cash flow imbalance and capital structure adjustment [PDF]
Most of capital structure researches have been conducted on the two dominant theories: trade-off and pecking order. Based on the trade-off theory, every firm has a target capital structure, while pecking order theory assumes that there is no target ...
Maryam Davallou, Alireza Rezaeian
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