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Keywords: Pecking order theory
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Journal Articles
Hierarchical financing and reality of the financial structure of Moroccan listed companies
Available to Purchase
Journal:
Journal of Modelling in Management
Journal of Modelling in Management (2023) 18 (5): 1277–1290.
Published: 26 October 2020
... of Moroccan companies. The authors have presented the positive role of size and self-financing on the debt ratio. The analysis of the effects of profitability shows in this study that it is negative related on the debt ratio which asserts the predictions of the pecking order theory. Also, the age...
