The Pecking Order, Trade-Off, Signaling, and Market-Timing Theories of Capital Structure : A Review

This paper surveys 4 major capital structure theories: trade-off, pecking order, signaling and market timing. For each theory, a basic model and its major implications are presented. These implications are compared to the available evidence. This is followed by an overview of pros and cons for each theory. A discussion of major recent papers and suggestions for future research are provided

MoreLess

Year of publication:	2016
Authors:	Miglo, Anton
Publisher:	[2016]: [S.l.] : SSRN
Subject:	Theorie \| Theory \| Kapitalstruktur \| Capital structure \| Signalling \| Unternehmensfinanzierung \| Corporate finance

freely available

Full text |

More access options

doi.org

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource (26 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: A. Miglo. (2011). Chapter 10 "Trade-Off, Pecking Order, Signaling, and Market Timing Models". in H. Kent Baker, Gerald S. Martin. Capital Structure and Corporate Financing Decisions: Theory, Evidence, and Practice. (Wiley and Sons) Mar 31, 2011, pp 171-191 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments March 23, 2010 erstellt
Other identifiers:	10.2139/ssrn.1629304 [DOI]
Classification:	G30 - Corporate Finance and Governance. General ; G32 - Financing Policy; Capital and Ownership Structure
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013008865