Finance Series Does Market Timing or Past Profitability Determine Capital Structure? Working Paper Author/Authors Peter Högfeldt Department of Finance, Stockholm School of Economics Andris Oborenko Series number: 072/2005 Date published: 01 Jul 2004 Quick links Access Paper on SSRN Categories Capital Dual Class Shares Performance Keywords Enhaced pecking order, market timing, dual-class shares, capital structure, retained earnings, rights issues, SEOs, persistent effects
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