better follow the pecking order theory of financing and the companies in North and South America – the trade-off theory for …

impact of debt financing on the profitability of the firms in Chemical Sector of Pakistan. The rationale behind the industry … developing countries like Pakistan. Financial Environment has great impact on financing decisions, the role of financial … institutions is critical for capital restructuring decisions. In developing countries like Pakistan Financial Markets are …

This study is an attempt to determine the capital structure of listed firms in the chemical industry of Pakistan. The …

The paper reports that, when firms follow the Pecking Order Theory, a sub-optimality with the cost components of firms …' capital structure exists. The sub-optimality drives firms to follow the Trade-Off Theory to reach optimality concerning the …