SSRN-The Pecking Order, Trade-Off, Signaling, and Market-Timing Theories of Capital Structure: A Review by Anton Miglo

It might be summarized as: Finance Professors have a long ways to go before fully understanding capital structure!SSRN-The Pecking Order, Trade-Off, Signaling, and Market-Timing Theories of Capital Structure: A Review by Anton Miglo: "Abstract: This paper surveys 4 major capital structure theories: trade-off, pecking order, signaling and market timing. For each theory, a basic model and its