the aim of this empirical study is to explore the trade-off model and pecking order model of capital structure. the investigation is performed using panel data procedures for a sample of 76 firms listed in tehran stock exchange during 2007-2010.the study employs ols regression model in examining the capital structure of firms in iran. the study employs variables reflecting differing theoretical...

this paper explores the leverage determinants across firms’ sizesbased on the two main theories behind the capital structure, the trade-offand the pecking order theories. a panel data is sued to find therelationship between capital structure and the variables that proxy forbenefits and costs of debt during 1990 to 2006. our findings show thatboth principles help to explain the capital structure...