CAPITAL STRUCTURE THEORIES AND LEVERAGE BEHAVIOUR OF PAKISTANI FIRMS
This study examines the applicability of two competing capital structure theories; i.e., Pecking Order Theory (POT) and Trade-Off Theory (TOT). An extensive panel dataset of 293 non-financial firms listed on the Pakistan Stock Exchange (PSX) for the period 2001 to 2013 is analyzed in three phases. F...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Shaheed Zulfikar Ali Bhutto Institute of Science and Technology
2015-12-01
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Series: | JISR Management and Social Sciences & Economics |
Subjects: | |
Online Access: | https://jisrmsse.szabist.edu.pk/index.php/szabist/article/view/426 |