2002Review of Financial StudiesRequires access

Testing Trade-Off and Pecking Order Predictions About Dividends and Debt

Eugene F. Fama, Kenneth R. French

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Abstract

Journal Article Testing Trade-Off and Pecking Order Predictions About Dividends and Debt Get access Eugene F. Fama, Eugene F. Fama University of Chicago Address correspondence to Eugene F. Fama, Graduate School of Business, University of Chicago, 1101 East 58th St., Chicago, IL 60637, or e-mail: eugene.fama@gsb.uchicago.edu. Search for other works by this author on: Oxford Academic Google Scholar Kenneth R. French Kenneth R. French Dartmouth College Search for other works by this author on: Oxford Academic Google Scholar The Review of Financial Studies, Volume 15, Issue 1, January 2002, Pages 1–33, https://doi.org/10.1093/rfs/15.1.1 Published: 16 June 2015

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Journal Article Testing Trade-Off and Pecking Order Predictions About Dividends and Debt Get access Eugene F. Fama, Eugene F. Fama University of Chicago Address correspondence to Eugene F. Fama, Graduate School of Business, University of Chicago, 1101 East 58th St., Chicago, IL 60637, or e-mail: eugene.fama@gsb.uchicago.edu. Search for other works by this author on: Oxford Academic Google Scholar Kenneth R. French Kenneth R. French Dartmouth College Search for other works by this author on: Oxford Academic Google Scholar The Review of Financial Studies, Volume 15, Issue 1, January 2002, Pages 1–33, https://doi.org/10.1093/rfs/15.1.1 Published: 16 June 2015

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Available abstract

Journal Article Testing Trade-Off and Pecking Order Predictions About Dividends and Debt Get access Eugene F. Fama, Eugene F. Fama University of Chicago Address correspondence to Eugene F. Fama, Graduate School of Business, University of Chicago, 1101 East 58th St., Chicago, IL 60637, or e-mail: eugene.fama@gsb.uchicago.edu. Search for other works by this author on: Oxford Academic Google Scholar Kenneth R. French Kenneth R. French Dartmouth College Search for other works by this author on: Oxford Academic Google Scholar The Review of Financial Studies, Volume 15, Issue 1, January 2002, Pages 1–33, https://doi.org/10.1093/rfs/15.1.1 Published: 16 June 2015

Key concepts: Pecking order, Debt, Dividend, Order (exchange), Pecking order theory, Economics, Financial economics, Classics

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