An Empirical Study on Market Timing Theory of Capital Structure
The theory of capital structure has advanced remarkably. This development began as many firms had options to consider various external factors determining the composition of debt and equity. Not only the asymmetric information or the conflict among bondholders and shareholders initiated the Pecking...
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| Format: | Article |
| Language: | English |
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Prasetiya Mulya Publishing
2011-08-01
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| Series: | International Research Journal of Business Studies |
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| Online Access: | http://www.irjbs.com/index.php/jurnalirjbs/article/view/78 |