Examlex
The pecking-order theory of capital structure suggests the following order of financing:
Illustrating Charisma
Demonstrating the compelling attractiveness or charm that can inspire devotion in others.
Recency Errors
A cognitive bias that occurs when the most recent information or experiences have a disproportionate impact on one's memory or evaluation of a situation.
The Halo Effect
A cognitive bias where an observer's overall impression of a person, company, brand, or product influences their feelings and thoughts about that entity's character or properties.
Leniency Errors
A bias in assessment or judgment processes where the evaluator tends to consistently rate others more favorably than warranted.
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