Kuwait-University-Journal-of-Law-header
Search
Journal of Law

Previous Issues

Advance Search
Year : From To Vol
Issue Discipline:
Author

Volume :1 Issue : 2 1994      Add To Cart                                                                    Download

An Empirical Investigation of the Pecking Order Hypothesis: The Case of Kuwait

Auther : Jasim Yusuf Ali Abdulla

This study attempts to explain capital structure decisions by 25 industrial and commercial companies listed at the Kuwait Stock Exchange (KSE) over the period between 1985 and 1989. The model used to investigate empirically the determinants of capital structure, is based on the information asymmetry theory, namely the pecking order hypothesis advanced by Myers (1984) and Myers and Maijluf (1984). It has been found that the demand for external, dividend payments and inversely related to their profitability, and cash position. However, no relationship was found between the debt ratio and the firm’s size.

Journal of Law
Journal of Law

You are Visitor No.

77769

Journal of Law
Tell your friendsJournal of Law
Journal of Law
Journal of Law

Last Updated

Nov 19, 2019

Journal of Law
Journal of Law
Journal of Law

Please enter your email Here to receive our news

Journal of Law