PECKING ORDER VERSUS TRADE-OFF: AN EMPIRICAL APPROACH TO THE SMALL AND MEDIUM ENTERPRISE CAPITAL STRUCTURE [PDF]
In this paper, we explore two of the most relevant theories that explain financial policy in small and medium enterprises (SMEs): pecking order theory and trade-off theory.
Francisco Sogorb- Mira +1 more
core
Cash holdings in MENA region: evidence from trade-off model, pecking order theory, and agency theory
Future Business JournalThis study examines firms’ cash holdings (CH) in the MENA region. For the period 2000–2020, the fixed effect method and GMM are applied to a sample of 1053 non-financial firms. The results show that firms that are large in size, and higher in cash flows,
Tahir Akhtar
doaj +1 more source
Some aspects regarding the financial structure theories [PDF]
In this paper the authors survey financial structure theories, from the start-up point, which is considered Modigliani and Miller’s capital structure irrelevance theorem, to recent theories, such as the pecking order and the market timing theory.
Micuda, Dan, Visinescu, Sorin
core +1 more source
Analisis Pengaruh Kebijakan Deviden Serta Leverage terhadap Keputusan Pendanaan [PDF]
, 2002 This research examines and extents Kaaro' study (2001) that founded that there are significant relationships between leverage and dividend in high uncertainty conditions, but the association is disappear if business risk included in the model. This paper
Joko, F. A. (Fx) +1 more
core
How Do Businesses Finance New Investment?
The Manchester School, EarlyView.ABSTRACT This paper investigates how UK firms finance new investment and whether their choices follow a financing hierarchy consistent with leading theories of capital structure. Using a survey of 2886 firms conducted by the UK Department for Business and Trade and the Bank of England (2020–2023), we examine six financing sources: retained earnings ...
Marc Cowling +3 more
wiley +1 more source
Capital Structure Theories in US Corporate Divestitures: A Study on Spin-Off Firms
International Journal of Financial StudiesSome giant US conglomerates are now undergoing corporate spin-offs or are considering such spin-offs in the near future. Corporate spin-offs offer a unique opportunity to assess corporate capital structure decisions.
Xian Chen +2 more
doaj +1 more source
Decision support tools for selecting organisational improvement initiatives: a review [PDF]
, 2018 Decision support tools are used in many organisations to support organisational decision making activities. However, very limited studies have been found focussing on the decision support tools for selecting organisational improvement initiatives ...
Mohammad, Musli +2 more
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Perceptions of Diversity: “Multicultural Values” and Living Well Together
Nations and Nationalism, EarlyView.ABSTRACT Situated in the institutional support for Canadian multiculturalism and the academic tensions over the alleged decline of multiculturalism, this paper considers the use of multiculturalism and its associated values in everyday life. In the Canadian context, there has been an expansion of multiculturalism beyond “Charter values” towards ...
Lori G. Beaman
wiley +1 more source
Consolidation of water management and efficiency parameters for development of green building rating system [PDF]
, 2018 Water generation and distribution involve activities that leads to energy consumptions in various ways. This leads to GHG emission which make it important for various sustainable development assessment.
Abdullah, Kamil +1 more
core
Proceedings of the First International Conference on Materials Engineering and Management - Management Section (ICMEMm 2018), 2019 - Nirwana, - Dinar, - Yasmi, Dian Novita
openaire +1 more source