alleryStart learning →Which scholar is associated with popularizing the pecking order theory?
AJoel Dean
BDavid Hertz
CJoel Stern
DStewart Myers
Answer & Solution
Correct answer: D. Stewart Myers
Myers argued in 1984 that equity is a less preferred way to raise capital.
Keep practising Corporate Finance
Browse all Corporate Finance questions for CA Final, or explore more Strategicfinancialmanagement topics.
Related questions
An optimal capital structure is one that does what?Why is debt in the capital structure beneficial up to a certain point?Which working capital technique converts debtors to cash?An investment bank helps a firm raise capital through which listings?Firms hedge market risk exposures mainly using what?Which tool is seen as aligning management with stockholder interests?Why do stockholders favor riskier projects than bondholders do?Acquisitions driven by a manager's wish for a larger company are known as what?