Essays about: "Lars E.O Jacobson"

Found 1 essay containing the words Lars E.O Jacobson.

  1. 1. Test of Pecking Order Theory - Empirical evidence from Europe

    University essay from Göteborgs universitet/Graduate School

    Author : Lars E.O Jacobson; Philip Berneblad; [2020-05-28]
    Keywords : Pecking Order Theory; Financing Deficit; Financing Surplus; Capital Structure; Corporate Leverage;

    Abstract : This paper tests the pecking order theory of corporate leverage on a representative sample of publicly traded European firms, between 2006 and 2018, and further investigates differences between financing deficits and surpluses as well as differences between sectors. Similar research in the area does not find evidence supporting the pecking order theory for publicly traded American firms. READ MORE