PENGUJIAN PECKING ORDER THEORY PADA PASAR MODAL INDONESIA [PDF]
Penelitian ini dilakukan untuk menguji teori pecking order secara empiris. Penelitian ini difokuskan untuk menguji pengaruh variabel-variabel assets tangibility, firm size, growth dan profitability terhadap leverage, dalam menjelaskan proses ...
Arista Natia Afriany, Fakultas Ekonomi UPY
core
Firms’ Debt-Equity Decisions When the Static Tradeoff Theory and the Pecking Order Theory Disagree
This paper tests the static tradeoff theory against the pecking order theory. We focus on an important difference in prediction: the static tradeoff theory argues that a firm increases leverage until it reaches its target debt ratio, while the pecking order yields debt issuance until the debt capacity is reached.
de Jong, A. +2 more
openaire +3 more sources
Cash‐holding Benefits and Their Influence on Seasoned Equity Offering Decisions
This study investigates the cash‐holding motivations of issuers with excess cash. It aims to explain why these issuers choose to accumulate even more cash through stock issuances rather than utilize their existing surplus. I assess three competing cash‐holding motivation hypotheses: whether issuers raise cash: (i) to fund the needs of future growth ...
Ebrahim Bazrafshan
wiley +1 more source
The Analysis of Capital Structure Theories in Emerging Markets [PDF]
The primary purpose of this paper is to verify the basic assumptions according to the pecking order and Trade-off theory for the capital structure in listed firms on KSA, Iran, and the Iraq Stock Exchange of West Asian countries.
Saad Faysal
doaj +1 more source
Signaling Credit Risk in Agriculture: Implications for Capital Structure Analysis [PDF]
Signaling is an important element in the lender-borrower relationship that influences the cost and availability of debt capital to agricultural borrowers.
Barry, Peter J. +2 more
core +1 more source
Intercooperation and open innovation: Unleashing cooperative firms’ innovation potential
Abstract This research examines how interorganizational cooperation impacts the innovation performance of cooperative firms. Existing literature asserts that there are limitations in the innovation capabilities of cooperatives. This study seeks to challenge that assumption and explore whether the nature of such firms enhances their cooperation with ...
Josu Santos‐Larrazabal +2 more
wiley +1 more source
TESTING THE PECKING ORDER THEORY AND THE SIGNALING THEORY FOR FARM BUSINESSES [PDF]
Numerous empirical studies in the finance field have tested many theories for firms¡¦ capital structure. Under the assumption of asymmetric information, the pecking order theory proposes the financing order for farm businesses, which implies a negative ...
Barry, Peter J. +2 more
core +1 more source
Testando a teoria de hierarquização de fontes de financiamento nas empresas brasileiras [PDF]
O presente trabalho testa se a teoria conhecida como Pecking Order Theory ou Teoria de Hierarquização de Fontes de Financiamento (THFF) fornece explicação empírica para a estrutura de capital das empresas no Brasil.
Daher, Cecílio Elias +1 more
core +3 more sources
ABSTRACT The debate on whether national industrial relations (IR) are experiencing convergence is a long‐standing one. Recently, scholars argue that we are witnessing a neoliberal convergence of national IR, understood as an increase in employers’ discretion.
Vincenzo Maccarrone
wiley +1 more source
Do residential property companies systematically adjust their capital structure? : The case of Germany [PDF]
This paper analyzes whether predominantly non-listed corporations in the residential property industry systematically adjust their capital structure to changing financing requirements.
Kurzrock, Björn-Martin +3 more
core +2 more sources

