Are trade-off and pecking order theories mutually exclusive in explaining capital structure decisions?

Zelia Serrasqueiro; Paulo Maccedil;atilde;s Nunes

doi:10.5897/AJBM.9000100

African Journal of
Business Management

Abbreviation: Afr. J. Bus. Manage.
Language: English
ISSN: 1993-8233
DOI: 10.5897/AJBM
Start Year: 2007
Published Articles: 4193

Full Length Research Paper

Are trade-off and pecking order theories mutually exclusive in explaining capital structure decisions?

Zélia Serrasqueiro and Paulo Maçãs Nunes*

Department of Management and Economics, Beira Interior University, Covilhã, Portugal. CEFAGE – UE (Center for Advanced Studies in Management and Economics), Portugal.
Email: [email protected]

Article Number - 2B3378826403
Vol.4(11), pp. 2216 - 2230 , September 2010
https://doi.org/10.5897/AJBM.9000100

Accepted: 30 July 2010
Published: 04 September 2010

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