This paper presents empirical evidence that the maturity structure of financial leverage
affects the cross‐section of equity returns. We find that short‐term leverage is associated …

We show that firms with longer debt maturities earn risk premia not explained by
unconditional factors. Embedding dynamic capital structure choices in an asset-pricing …

This study was aimed at identifying the impact of “dividend policy and capital structure” on
“profitability of firms” listed in Pakistan Stock Exchange. The data regarding “dividend payout …

Предмет. Структура капитала тройки лидеров угледобывающей отрасли России-АО
«СУЭК», ОАО «УК «Кузбассразрезуголь», АО ХК «СДС-Уголь». Цели. Выявить …

Globally, extreme levels of stock return volatility at the capital markets result to inefficiency in
capital utilization and reduction in liquidity by firms. Locally, stock returns volatility at the NSE …

Since the 1950s, the topic of finance has been studied extensively. The CAPM was
developed in the 1960s, and factor models were introduced in the 1970s to aid the …

Volatility of corporate cashflows exacerbates reduction in investments, increases external
cost of finance and causes a deviation of leverage from the target leading to adverse effects …

ОЦЕНКА ЭФФЕКТИВНОСТИ УПРАВЛЕНИЯ СТОИМОСТЬЮ КАПИТАЛА КРУПНЕЙШИХ
УГЛЕДОБЫВАЮЩИХ ПРЕДПРИЯТИЙ РОССИИ Page 327 326 Мухачева Анна Валентиновна …

We document a maturity premium-a portfolio that is long long-maturity financed firms and
short short-maturity financed firms earns a 0.21% monthly premium, above and beyond what …