Market Timing and Pecking Order Theory in Latin America
This article aims to determine if the capital structure of Latin American companies in the emerging markets of Brazil, Chile, Mexico, and Peru, are managed according to the market timing theory or the pecking order theory. The analysis was based on a non-probabilistic sample of 170 companies, with a...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Universidad Católica de Colombia
2021-08-01
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Series: | Revista Finanzas y Política Económica |
Subjects: | |
Online Access: | https://revfinypolecon.ucatolica.edu.co/article/view/3674 |