“pecking order theory”簡單造句，pecking order theory造句子

Therefore, the Chinese private enterprises' financing mode has some differences with what the western "pecking order theory of financing" says.

Four kinds of representative theory are mentioned, that is the theory of agency cost, the pecking order theory of financing, the theory of control and the theory of transaction-cost economics.

The phenomenon that China corporations prefer equity financing can hardly be unpuzzled by traditional pecking order theory.