Pecking order, earnings management and capital structure
Most of studies imply that firms decrease or increase their debt capacity in context of pecking order theory or agency problems. On this point, the setting of this study is based on two main problems related to capital structure: the first is determining the source of funds for financing investments...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Growing Science
2021-01-01
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Series: | Accounting |
Online Access: | http://www.growingscience.com/ac/Vol7/ac_2021_82.pdf |