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A REVIEW OF CAPITAL STRUCTURE THEORIES: TRADE-OFF

www.kuis.edu.my

Proceeding of the 2nd International Conference on Management and Muamalah 2015 (2nd ICoMM) 16th – 17th November 2015, e-ISBN: 978-967-0850-25-2 240 A REVIEW OF CAPITAL STRUCTURE THEORIES: TRADE-OFF THEORY, PECKING ORDER THEORY AND MARKET TIMING THEORY Wan Shahdila Shah Shahar1, Wan Shahzlinda Shah Shahar2, Nor Fadilah Bahari3,

  Review, Capital, Structure, Trade, Order, Theory, Theories, Pecking order theory, Pecking, Review of capital structure theories, Trade off, Trade off theory

CAPITAL STRUCTURE: DEFINITIONS, DETERMINANTS, …

www.eajournals.org

including the Pecking Order Theory, Trade off theory, and the Agency Cost theory. This paper will shed light on the concept of capital structure, its theories and link with firms’ performance. KEYWORDS: Capital Structure, Performance. INTRODUCTION If there has been any area of finance theory that has attracted the greatest attention and caused

  Capital, Structure, Trade, Theory, Theories, Capital structure, Of capital structure, Trade off theory

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