Jong, A. de

table result value management model sample country structure market capital dutch share shareholder company asset leverage journal effect ratio stock issue board number fi rms study variable order target earning coefficient return finance level dividend equity regression theory deficit period industry governance information dutch firms netherland pecking analyst ahold manager acquisition performance segment report difference financing percentage pecking order theory price bankruptcy economic impact change investment capital structure measure research exposure business evidence bank debt decision repurchase paper characteristic european observation preference shares right pecking order coefficient maturity panel