Capital structure : testing pecking order theory and static trade-off theory in the current crisis
This thesis aims to explain the choice of capital structure in the times of crisis (2007-2009) for the U.S.A. real sector companies. The two main theories used are the trade-off theory and pecking order theory. The essential of the pecking order theory is that manager's capital structure decisi...
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Dissertation |
| Language: | English |
| Published: |
2010
|
| Online Access: | http://www.nusl.cz/ntk/nusl-281982 |