The paper derives operating and financial measures of leverage and tests their association with market based measures of equity risk. It is the first such study to use purely accounting-based data to derive the leverage measures. In line with previous literature it conducts a new test on the relative importance of operating and financial leverage. The results suggest that operating costs have a greater impact
The aim of this study is the effect of financial leverage in the systematic risk of listed companies...
Operating leverage refers to the relation of a firm’s fixed to variable costs. This relation can b...
This thesis examines the effect of operating leverage and financial leverage on the value premium in...
This study examines the relationship between financial risk and management’s choice of accounting me...
The association between market-determined risk measures and accounting-determined risk measures was ...
Bibliography: pages 234-247.The Capital Asset Pricing Model (CAPM) postulates that beta is a quantit...
This paper examines the association between accounting information and systematic (beta) risk. We ex...
After running an unbalanced pooled cross-sectional data regression of a sample of 30 Jordanian indus...
The determining force behind the value premium is the matter of debate among the researchers. Some a...
A number of studies demonstrated a positive relationship between market power and firm profitability...
What is the cross-sectional relationship between financial leverage and expected equity returns? How...
The operating performance of a firm is not directly observable. The earlier researches have shown th...
The research was aimed at exploring the degree of association between stock returns and market and a...
Includes bibliographical references (p. 20-21)."This paper investigates the relationship between cer...
The purpose of the study is evaluating the relationship between stock returns in industrial companie...
The aim of this study is the effect of financial leverage in the systematic risk of listed companies...
Operating leverage refers to the relation of a firm’s fixed to variable costs. This relation can b...
This thesis examines the effect of operating leverage and financial leverage on the value premium in...
This study examines the relationship between financial risk and management’s choice of accounting me...
The association between market-determined risk measures and accounting-determined risk measures was ...
Bibliography: pages 234-247.The Capital Asset Pricing Model (CAPM) postulates that beta is a quantit...
This paper examines the association between accounting information and systematic (beta) risk. We ex...
After running an unbalanced pooled cross-sectional data regression of a sample of 30 Jordanian indus...
The determining force behind the value premium is the matter of debate among the researchers. Some a...
A number of studies demonstrated a positive relationship between market power and firm profitability...
What is the cross-sectional relationship between financial leverage and expected equity returns? How...
The operating performance of a firm is not directly observable. The earlier researches have shown th...
The research was aimed at exploring the degree of association between stock returns and market and a...
Includes bibliographical references (p. 20-21)."This paper investigates the relationship between cer...
The purpose of the study is evaluating the relationship between stock returns in industrial companie...
The aim of this study is the effect of financial leverage in the systematic risk of listed companies...
Operating leverage refers to the relation of a firm’s fixed to variable costs. This relation can b...
This thesis examines the effect of operating leverage and financial leverage on the value premium in...