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What Explains the Financing Behavior of Commercial Banks Listed on the Kuwait Stock Exchange: The Pecking Order Theory or Trading Off Theory
International Journal of Social Science and Economics Invention
View Archive Info| Field | Value | |
| Title |
What Explains the Financing Behavior of Commercial Banks Listed on the Kuwait Stock Exchange: The Pecking Order Theory or Trading Off Theory
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| Creator |
Shaalan, Dr. Tharwah
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| Description |
This paper seeks to investigate which theory explains the capital structure of the commercial banks listed in the Kuwait stock markets: the pecking order theory or the tradeoff theory. The study used time series and cross-section panel data to test the hypothesis. The data spanned over a period of nine years from 2010–2018, using all commercial banks listed in the Kuwait stock market. The results showed that the trade-off theory is the best theory to conduct the capital structure of the Kuwaiti commercial banks while the pecking order theory presents a weak from. The paper proved that there was no heteroscedasticity in cross-sectional data nor auto correlation over the time series panel model.
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| Publisher |
International Scientific Invention Journals
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| Date |
2019-11-17
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.ijssei.in/index.php/ijssei/article/view/172
10.23958/ijssei/vol05-i11/172 |
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| Source |
International Journal of Social Science and Economics Invention; Vol 5 No 11 (2019); 177 to 180
2455-6289 |
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| Language |
eng
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| Relation |
http://www.ijssei.in/index.php/ijssei/article/view/172/88
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| Rights |
Copyright (c) 2019 International Journal of Social Science and Economics Invention
http://creativecommons.org/licenses/by-nc-sa/4.0 |
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