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Keywords: Pecking-order theory
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Journal Articles
International Journal of Islamic and Middle Eastern Finance and Management (2017) 10 (1): 102–116.
Published: 18 April 2017
... provide a comprehensive investigation of the determinants of capital structure in UAE non-financial firms. The pecking-order theory is based on asymmetric information and the difference in information costs between insiders and outsiders. Myers (1984) indicates that when investors and lenders are less...

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