Testing the Trade-off theory against the Pecking order theory: An empirical study of Brazilian firms

This study tests the Trade-off theory against the Pecking order on a cross-sectional sample of firms listed on the Brazilian Sao Paolo Exchange. The study covers 1995 – 2013 using 161 Brazilian firm-year observations. Recent decades have seen the literature examine the effect of corporate fin...

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Bibliographic Details
Main Author: Banasko, Olaseni
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2014
Online Access:https://eprints.nottingham.ac.uk/27504/