Title

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 Department

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

Print

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

This document is currently not available here.

Share

COinS