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Keywords: Pecking order hypothesis
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Journal Articles
Journal:
Studies in Economics and Finance
Studies in Economics and Finance (2014) 31 (1): 72–87.
Published: 25 February 2014
... derived from questionnaires submitted to the companies' chief financial officers (CFOs), using both descriptive and nonparametric statistics. Findings – The results broadly support the pecking order hypothesis over static trade-off theory. Firms listed on the Athens Stock Exchange prefer to use...
