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: | Priska Ralna Eunike Culata, Tri Gunarsih |
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Format: | Article |
Language: | English |
Published: |
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 |
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