Payments Council and Pecking order theory: Difference between pages
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The theory that in practice managers will raise funds from the most convenient available source, rather than making detailed assessments about optimal capital structure. | |||
==See also== | ==See also== | ||
* [[ | * [[Optimal capital structure]] | ||
Revision as of 14:35, 7 February 2015
The theory that in practice managers will raise funds from the most convenient available source, rather than making detailed assessments about optimal capital structure.
