The Empirical approach to Pecking Order Theory

  • С. И. Луценко Консалтинговая компания ООО «Антарес»
DOI: https://doi.org/10.17323/j.jcfr.2073-0438.2.3.2008.51-55
Keywords: corporate governance

Abstract

This paper analyzes the pecking order theory on publicity traded American firms. This paper tests the pecking order theory with using proxy (the financing deficit). Financing deficit is less important in explaining net debt issues for firms of all sizes.

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Published
2010-12-31
How to Cite
ЛуценкоС. И. (2010) “The Empirical approach to Pecking Order Theory”, Journal of Corporate Finance Research | ISSN: 2073-0438, 2(3), pp. 51-55. doi: 10.17323/j.jcfr.2073-0438.2.3.2008.51-55.
Issue
Vol 2 No 3 (2008)
Section
Corporate Financial Analytics