Results 261 to 270 of about 50,684 (304)

Reducing agency conflicts with target debt ratios

Journal of Economics and Finance, 2012
We show how target debt ratios in book value terms applied to new investment can improve alignment of investment incentives in firms when they have risky debt outstanding and asymmetric information. While wealth transfer from both agency conflicts can reduce the value of existing equity, new debt offsets the value loss to old shareholders. New debt set
Unyong Pyo, Yong-Jae Shin, Howard E. Thompson   +2 more
openaire   +1 more source

Multivariate Analysis: and the Debt Ratio

1979
Although a great deal can be learnt from univariate analysis of the kind discussed in previous chapters, it is desirable, particularly when dealing with economic data, to try to consider sets of variables in combination. Firstly, as Singh pointed out,1 two firms with the same profitability could show different rates of return if they had different ...
D. P. O’Brien, W. S. Howe, D. M. Wright, R. J. O’Brien   +3 more
openaire   +1 more source

The Debt-to-GDP Ratio as a Tool for Debt Management: Not Good for LICs

SSRN Electronic Journal, 2023
There have been criticisms of debt sustainability analysis in general, including the IMF's own evaluation of the usefulness of its debt sustainability methodology (e.g., IMF, 2017). This paper's focus is narrow. On the basis of theoretical arguments and empirical evidence, it argues that the debt-to-GDP ratio is a poor metric for debt management in low-
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Functional Finance and the Debt Ratio

SSRN Electronic Journal, 2012
This post will explore at length (warning!) and in detail (another warning — wonk alert!) the MMT perspective on the debt ratio and fiscal sustainability. While the approach suggests a macroeconomic policy mix and strategies for both fiscal and monetary policies that most neoclassical economists currently believe are unsustainable, ultimately the MMT ...
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Standardized Debt Coverage Ratios.

The Accounting Review, 1977
Abstract ABSTRACT: This article proposes a better method for calculating debt coverage than that advocated traditionally for financial statement analysis. Statistical concepts of dispersion are used to measure the volatility of the earnings stream.
openaire   +1 more source

The Effect of Current Ratio, Debt To Asset Ratio and Debt To Equity Ratio on Company Value In Technology Sector Companies

Journal of Investment Development, Economics and Accounting
This study aims to determine the influence of the variables Current Ratio, Debt to Asset Ratio and Debt to Equity Ratio both partially and simultaneously on the Company Value of Technology Sector companies listed on the IDX for the 2018-2022 Period. The research method used in this study is a quantitative method with a descriptive approach.
Siti Safura, Nufzatutsaniah Nufzatutsaniah   +1 more
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Sovereign Debt Restructuring and Reduction in Debt-to-GDP Ratio

SSRN Electronic Journal, 2023
Sakai Ando, Tamon Asonuma, Prachi Mishra, Alexandre Sollaci   +3 more
openaire   +1 more source

Mean-Reversions in the Debt-to-GDP Ratio and Predictability of Treasury Debt Returns and Surpluses

Financial Management
ABSTRACT The debt‐to‐GDP (DG) ratio should predict Treasury returns and primary surpluses according to the present‐value identity, yet empirical evidence remains elusive. This paper resolves this puzzle by decomposing the DG ratio into a slow mean‐reversion component and a local mean‐reversion component.
Mingtao Zhou, Deshui Yu, Li Chen
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DEBT RATIO

2011
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Debt Ratios

2020
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