Can operating leverage be the cause of the value premium?
L García‐Feijóo, RD Jorgensen - Financial Management, 2010 - Wiley Online Library
Recent theoretical models (Carlson, Fisher, and Giammarino, 2004) predict an association
between the book‐to‐market equity ratio (BE/ME) and operating leverage in the cross …
between the book‐to‐market equity ratio (BE/ME) and operating leverage in the cross …
On interactions of production and financial decisions
SA Ravid - Financial Management, 1988 - JSTOR
This review surveys the literature analyzing the interactions of production decisions and
capital structure, and finds that there are basically three ways in which the two types of …
capital structure, and finds that there are basically three ways in which the two types of …
[PDF][PDF] How does financial leverage affect financial risk? An empirical study in Sri Lanka
V Gunarathna - Amity Journal of Finance, 2016 - researchgate.net
Having debt or preferred stock capital is an important decision made by firms because the
return on equity, in general, is expected to be higher with debt. Nevertheless, the costs …
return on equity, in general, is expected to be higher with debt. Nevertheless, the costs …
The impact of operating and financial risk on equity risk
RA Lord - Journal of Economics and Finance, 1996 - Springer
This paper empirically investigates a complete theoretical model relating the operating
characteristics of a firm to the total, systematic, and unsystematic risk of its equity. The …
characteristics of a firm to the total, systematic, and unsystematic risk of its equity. The …
[PDF][PDF] Entity Theory, Modern Capital Structure Theory, ond the Distinction Between Debt and Equity
MW Clork - Accounting Horizons, 1993 - faculty.etsu.edu
The recent discussion memorandum on distinguishing between liability and equity
instruments addresses the issue of whether to continue the sharp distinction between debt …
instruments addresses the issue of whether to continue the sharp distinction between debt …
The impact of operating leverage on the capital structure of Johannesburg Stock Exchange-listed firms before and after the 2008 global financial crisis
MT Mohohlo, JH Hall - Journal of Economic and Financial Sciences, 2018 - journals.co.za
The financial leverage-operating leverage trade-off hypothesis states that as financial
leverage increases, management of firms will seek to reduce the exposure to operating …
leverage increases, management of firms will seek to reduce the exposure to operating …
İSTANBUL MENKUL KIYMETLER BORSASINDA İŞLEM GÖREN TURİZM ŞİRKETLERİNİN İŞLETME, FİNANSAL VE TOPLAM RİSK DÜZEYLERİNİN KALDIRAÇ …
Y KARADENİZ - Süleyman Demirel Üniversitesi İktisadi ve İdari …, 2012 - dergipark.org.tr
Bu çalışmanın amacı halka açık Türk turizm şirketlerinde işletme, finansal ve toplam risk
düzeylerinin kaldıraç analiziyle değerlendirilmesidir. Bu amaçla İstanbul Menkul Kıymetler …
düzeylerinin kaldıraç analiziyle değerlendirilmesidir. Bu amaçla İstanbul Menkul Kıymetler …
[PDF][PDF] The impact of debt financing on performance of small and medium enterprises in Ghana
A Ophelia, S Min, DM Aliou, A Farhana… - International Journal of …, 2021 - academia.edu
The impact of Debt Financing on Performance of Small and Medium Enterprises in Ghana Page
1 International Journal of Advanced Engineering Research and Science (IJAERS) …
1 International Journal of Advanced Engineering Research and Science (IJAERS) …
Faaliyet Kaldıraç Derecesinin Satış Gelirleri Üzerindeki Etkisi: Havayolu Şirketlerinde Bir Uygulama
F Dayı - Afyon Kocatepe Üniversitesi Sosyal Bilimler Dergisi, 2019 - dergipark.org.tr
Sivil havacılık sektörü, hızlabüyüyen dinamik bir sektördür. Yolcu sayısındaki artış, yeni uçuş
noktaları vedüşük fiyatlı uçak biletleri sektörün büyümesinde etkili olmaktadır. Ancak …
noktaları vedüşük fiyatlı uçak biletleri sektörün büyümesinde etkili olmaktadır. Ancak …
[PDF][PDF] Determinanty struktury kapitałowej przedsiębiorstwa
M Barowicz - Podejście empiryczne, 2014 - publio.pl
Pod pojęciem rynku rozumie się mechanizm koordynujący zachowania nabywców i
sprzedawców, uczestniczących w procesie wymiany dóbr i usług [Begg i in., 2003b, s. 72] …
sprzedawców, uczestniczących w procesie wymiany dóbr i usług [Begg i in., 2003b, s. 72] …