Pecking order theory

From ACT Wiki
Revision as of 06:46, 2 July 2022 by imported>Doug Williamson (Classify page.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

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