A comparative study on the explanatory power of the static tradeoff theory and the pecking order theory on the services companies under the Philippine stock exchange from 2006-2014
Date of Publication
2016
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Management of Financial Institutions
Subject Categories
Finance and Financial Management
College
Ramon V. Del Rosario College of Business
Department/Unit
Financial Management
Thesis Adviser
Ricarte Q. Pinlac
Defense Panel Member
Kristine Mae F. Lagdameo
Melissa Lim
Abstract/Summary
The Static Tradeoff and Pecking Order theories are tested on a sample data of 35 services firms under the Philippine Stock Exchange 2006-2014. Empirical results prove that both models can explain some part of the capital structure. The Static Tradeoff theory shows that firm leverage is affected by several determinants, and the Pecking Order theory displays similar movements between the change of the debt ratio and financial deficit. However, both models have shortcomings.
Abstract Format
html
Language
English
Format
Accession Number
TU21351
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
97 leaves ; 28 cm. + ; 1 computer optical disc.
Keywords
Stock exchanges--Philippines
Recommended Citation
Acetre, G., Cua, B. I., & Rumbaoa, F. G. (2016). A comparative study on the explanatory power of the static tradeoff theory and the pecking order theory on the services companies under the Philippine stock exchange from 2006-2014. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/8993
