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order theory) na hrvatskom tržištu kapitala. Istraživanje je obuhvatilo 17 nefinancijskih društava uvrštenih na Zagrebačkoj …English Abstract: The purpose of this paper is empirical testing of the pecking order theory of the capital structure … sector were excluded from the sample. The existence of the pecking order theory was carried out according to the regression …
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are heteroskedastic, i.e. their volatility is not constant in time For that reason the appropriate mathematical models …
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