The Importance of Financial Theories for SME Capital Structure Decisions

This chapter aims to analyze the importance of financial theories for SME capital structure decisions. The financial theories considered for this study were trade-off theory and pecking order theory. From the various empirical evidences researched in the Web of Science and Scopus database, it was found that most SME capital structure decisions follow the financial theory of hierarchical hierarchy, that is, the SME finance their investment opportunities through retained earnings, debt issuance, and finally stock issuance.info:eu-repo/semantics/publishedVersio

Analysis of financial strategies of 3PL companies in the GCC

This article aims to analyze the financial strategy of publicly listed third party logistics (3PL) companies in the GCC over a period of four years (2010–2013). It evaluates the financial strategies employed by 3PL companies under consideration and subsequent value generation and wealth maximization for their shareholders. A comparison of financial strategies adopted by 3PL companies in the GCC countries reveals that all three companies included in the authors' sample use different financial strategies; however, these strategies are effective in yielding greater returns on common equity. The article highlights the importance of investing and financing decision for equity providers, an area which has received less importance in the logistics literature