Trade-Off Theory Versus Pecking Order Theory: Ghanaian Evidence
The objective of this study was to examine the theoretical predictions of the pecking order theory and the trade-off theory to establish which of the two competing theories better explains the financing decisions of small and medium enterprises (SMEs). The study examined 187 SMEs in Ghana using the...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
SAGE Publishing
2020-07-01
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| Series: | SAGE Open |
| Online Access: | https://doi.org/10.1177/2158244020940987 |