Results 1 to 10 of about 581,857 (179)
Trade-Off Theory Versus Pecking Order Theory: Ghanaian Evidence [PDF]
SAGE Open, 2020 The objective of this study was to examine the theoretical predictions of the pecking order theory and the trade-off theory to establish which of the two competing theories better explains the financing decisions of small and medium enterprises (SMEs ...
James Agyei +2 more
doaj +4 more sources
Struktur Modal Melalui Trade Off Theory [PDF]
Jurnal Akuntansi: Kajian Ilmiah Akuntansi, 2020 Pertumbuhan ekonomi Indonesia menstimulus perusahaan untuk mengembangkan usahanya karena persaingan semakin meningkat. Persaingan dalam dunia bisnis mendorong manajer keuangan untuk mengambil keputusan dengan cermat, salah satunya keputusan terkait ...
Nana Umdiana, Hashifa Claudia
doaj +4 more sources
An alternative test of the trade-off theory of capital structure
Contemporary Economics, 2014 The purpose of this paper is to investigate the stochastic behavior of corporate debt ratios utilizing a balanced panel of 2,556 publicly traded U.S. firms during the period 1997-2010.
Giorgio Canarella +2 more
doaj +4 more sources
A trade-off theory of ownership and capital structure [PDF]
Journal of Financial Economics, 2019 This paper determines the optimal ownership share held by a unit into a second unit when both face a tax-bankruptcy trade-off. Full ownership is optimal when the first unit has positive debt, because dividends help avoid its default. Positive debt is, in
G. Nicodano, Luca Regis
semanticscholar +3 more sources
Dynamic trade-off evaluation framework for bariatric surgery outcomes: a qualitative Straussian Grounded Theory study [PDF]
BMJ OpenObjective Guided by Straussian Grounded Theory, this study aimed to explore patients’ dynamic trade-off processes in evaluating bariatric surgery outcomes and to construct a patient-centred theoretical framework to inform clinical assessment and ...
Jiali Chen +5 more
doaj +2 more sources
The Trade-Off Theory Revisited: On the Effect of Operating Leverage [PDF]
International Journal of Managerial Finance, 2013 Purpose – The purpose of this paper is to investigate the effect of operating leverage, and the subsequent abandonment option available to managers, on the relationship between corporate earnings and optimal financial leverage, thereby providing an alternative (rational) explanation for the observed negative relationship
Kristoffer Glover, Gerhard Hambusch
semanticscholar +2 more sources
Trade‐Off Theory for Dual Holders
Journal of Money, Credit and BankingA dual holder simultaneously owns (private) debt and equity in the same firm. Private debt has a tax advantage, a positive cashflow, which incentivizes its use.
Snorre Lindset +2 more
semanticscholar +2 more sources
Journal of Business Economics and Management, 2014 This paper seeks to analyse whether the capital structure decisions of Small and Medium-Sized Enterprises (SMEs) are closer to the assumptions of Trade-Off Theory or to those of Pecking Order Theory. We use a sample of SMEs located in the interior region
Zélia Serrasqueiro, Ana Caetano
doaj +2 more sources
Journal the Winners, 2012 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
doaj +2 more sources
Cogent Economics and Finance, 2015 We test the assumptions of trade-off theory (TOT) and pecking order theory (POT) regarding corporate leverage. The dependent variable being the debt ratio, we apply a linear model upon a balanced panel data-set of 2,370 French SMEs over the period 2002 ...
David Mcmillan +2 more
exaly +2 more sources