The Determinants of Capital Structure in Energy Sector

University essay from Blekinge Tekniska Högskola/Sektionen för management


This mater thesis is concerns to test that if financial patterns of listed firms in energy sector of Pakistan follow any foremost capital structure theories. The analysis was implemented on a sample of 22 listed firms during the period 2001 to 2005. The results of pooled regression model show that both Static trade-off theory and Pecking order theory are pertinent corporate capital structure theories to the firms in Pakistani energy sector.

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