The study demonstrates how a hypothetical investor or a restaurant industry executive can assess the risk-adjusted performance of fast-food and casual-dining restaurant seg-ments by using both traditional and contemporary risk-adjusted performance measures. This study focuses on 24 casual-dining and 18 fast-food restaurants that are publicly traded on major U.S. stock exchanges. The results revealed that casual-dining firms out-performed fast-food restaurants in all performance aspects: mean return, standard devi-ation, the Sharpe Ratio, the Sortino Ratio, and the Upside Potential Ratio. The article offers suggestions for potential investors about how to utilize downside risk measures in their capital investment decisions
This study presents an empirical insight into the relationship between return on equity (ROE), finan...
There is a growing awareness that corporate governance variables play an important role in firm perf...
Purpose– The purpose of this paper is to explore the financial characteristics associated with outpe...
Although the financial performance of US casual-dining restaurants has been better than returns in o...
The objectives of the study are twofold. It first aims to examine whether systematic risk is influen...
This study reexamines determinants of the systematic risk or beta of restaurant firms based on the f...
Purpose – The purpose of this study is to invoke prospect theory to construct an empirical framework...
The purpose of this research is to explore the relationship between restaurant management factors an...
This study empirically examines the impact of the current recession on U.S. restaurant firms. Using ...
Of the many risks faced by restaurants, a shortage of cashflow is among the most damaging. This stud...
The purpose of this research is to explore the relationship between restaurant management factors an...
This study is designed to address the issue of benchmarking firm capabilities to turn undesirable fi...
This study, for the first time, provides systematic financial evidence on how restaurant firms outpe...
Purpose The purpose of this paper is to explore the financial characteristics associated with outper...
This paper fills a critical void by investigating underlying dimensions that influence the restauran...
This study presents an empirical insight into the relationship between return on equity (ROE), finan...
There is a growing awareness that corporate governance variables play an important role in firm perf...
Purpose– The purpose of this paper is to explore the financial characteristics associated with outpe...
Although the financial performance of US casual-dining restaurants has been better than returns in o...
The objectives of the study are twofold. It first aims to examine whether systematic risk is influen...
This study reexamines determinants of the systematic risk or beta of restaurant firms based on the f...
Purpose – The purpose of this study is to invoke prospect theory to construct an empirical framework...
The purpose of this research is to explore the relationship between restaurant management factors an...
This study empirically examines the impact of the current recession on U.S. restaurant firms. Using ...
Of the many risks faced by restaurants, a shortage of cashflow is among the most damaging. This stud...
The purpose of this research is to explore the relationship between restaurant management factors an...
This study is designed to address the issue of benchmarking firm capabilities to turn undesirable fi...
This study, for the first time, provides systematic financial evidence on how restaurant firms outpe...
Purpose The purpose of this paper is to explore the financial characteristics associated with outper...
This paper fills a critical void by investigating underlying dimensions that influence the restauran...
This study presents an empirical insight into the relationship between return on equity (ROE), finan...
There is a growing awareness that corporate governance variables play an important role in firm perf...
Purpose– The purpose of this paper is to explore the financial characteristics associated with outpe...