Lindblom, Ted; Sandahl, Gert; Sjogren, Stefan - In: International Journal of Banking, Accounting and Finance 3 (2011) 1, pp. 4-30
. The major ones are the 'trade-off' theory, which hypothesises an optimal combination of debt and equity capital, and the … structure, financial hierarchy, windows of opportunity, signalling, asymmetric information and flexibility. Our conclusion is … that capital structure choices are built on a balancing notion suggesting a revised trade-off theory or alternatively an …