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...

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Bibliographic Details
Main Authors: Francisco Javier Vásquez Tejos, Hernan Pape Larre
Format: Article
Language:English
Published: Universidad Católica de Colombia 2021-08-01
Series:Revista Finanzas y Política Económica
Subjects:
Online Access:https://revfinypolecon.ucatolica.edu.co/article/view/3674