Acedo-Ramírez, Miguel A.; Ayala Calvo, Juan Carlos; … - In: SERIEs : Journal of the Spanish Economic Association 4 (2013) 2, pp. 155-173
This study suggests the preponderance of the pecking order theory over the trade-off theory when there are greater … consistent with the prediction of the pecking order theory. Results taken from a sample of small Spanish companies in the …