Testing the validity of capital structure theories using the partial adjustment method: Evidence from Philippine firms from 2005-2009

This paper investigates the applicability of capital structure theories such as tradeoff, pecking order, and maket timing using Philippine publicly listed firms from 2005-2009. The tradeoff theory suggests that firms adjust their leverage levels in an attempt to meet its optimal leverage ratio. On t...

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Bibliographic Details
Main Authors: De Jesus, Justin Niccolo, Dy, Mark Matthewson, Legados, Zamanta, Monedero, Ma. Lourdes
Format: text
Language:English
Published: Animo Repository 2011
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Online Access:https://animorepository.dlsu.edu.ph/etd_bachelors/18378
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Institution: De La Salle University
Language: English

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