articleTop 1% cited
Testing the pecking order theory of capital structure
Journal of Financial Economics · 2002 · Vol. 67(2) · pp. 217–248
Murray Z. Frank✉(University of British Columbia)Vidhan K. Goyal(Hong Kong University of Science and Technology)
Corporate Finance and GovernanceAuditing, Earnings Management, GovernanceFinancial Markets and Investment StrategiesPecking order theoryPecking orderCapital structureLeverage (statistics)DebtEquity (law)Monetary economicsOrder (exchange)EconomicsFinancial economics
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References
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The Journal of Finance · 1995 · 2,545 citations
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The Determinants of Capital Structure Choice
The Journal of Finance · 1988 · 5,539 citations
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The Journal of Finance · 1991 · 3,912 citations
Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints?
The Quarterly Journal of Economics · 1997 · 6,571 citations
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