Relationship between the pecking order theory and firm's age: Empirical evidences from India
The present work examines the impact of age on the pecking order of deficit and surplus firms. Using empirical evidences, the results indicate that age does not have any significant impact on the pecking order of firms when they have deficits, and firms (across all groups) continue to issue large am...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2018-03-01
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| Series: | IIMB Management Review |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S0970389618300284 |