Comparing the Pecking Order Theory and the Trade-off Theory: Some UK Evidence

This dissertation compares the pecking order theory and the trade-off theory by utilizing UK 47 companies from the FTSE 100 during the period of 2000 and 2009. Evidences observed show that the trade-off theory has more power of explaining the UK capital structure, and the partial adjustment model co...

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Bibliographic Details
Main Author: Luo, Man
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2011
Online Access:https://eprints.nottingham.ac.uk/24858/