Pecking Order Theory and Trade-Off Theory of Capital Structure: Evidence from Indonesian Stock Exchange
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. The trade-off theory predicts optimal capital structure,...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Bina Nusantara University
2012-03-01
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| Series: | Journal the Winners |
| Subjects: | |
| Online Access: | https://journal.binus.ac.id/index.php/winners/article/view/666 |