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...

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Bibliographic Details
Main Authors: Saqib Sharif, Muhammad Nadeem Khan
Format: Article
Language:English
Published: Shaheed Zulfikar Ali Bhutto Institute of Science and Technology 2015-12-01
Series:JISR Management and Social Sciences & Economics
Subjects:
Online Access:https://jisrmsse.szabist.edu.pk/index.php/szabist/article/view/426