Two Theories of Capital Structure
{"Image DocumentName": "Two Theories of Capital Structure", "Image ImageDescription": "THE EMPIRICAL EVIDENCE. Both the trade-off theory and the pecking order theory offer some insights into how managers choose the capital structures for their firms but neither is able to explain all of the capital structure choices that we observe.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}