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Keywords: Dynamic trade-off theory
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Journal Articles
Journal of Small Business and Enterprise Development (2017) 24 (3): 485–502.
Published: 16 June 2017
...Filipe Sardo; Zelia Serrasqueiro Purpose The purpose of this paper is to analyse if capital structure decisions of small- and medium-sized Portuguese firms are in accordance with the predictions of dynamic trade-off theory, more precisely, the speed of adjustment of short-term debt (STD) and long...
