Results 1 to 10 of about 2,455,955 (25)

A Study on the Impact of Human Resource Accounting on Firms Value with Respect to Companies Listed in National Stock Exchange [PDF]

BULLETIN MONUMENTAL 21 2020 38 44, 2022
The study focuses on the Impact of Employment Benefit Cots on the Profitability of Companies listed in the National Stock Exchange. The study has considered the Amount spent on Employment Benefit Cots as an Independent variable and Profit after tax, Total Assets, Return on Equity, and Return on Asset and Debt equity Ration as the Dependent variable ...
arxiv   +1 more source

A Study on Impact of Capital Structure on Profitability of Companies Listed in Indian Stock Exchange with respect to Automobile Industry [PDF]

Journal of Seybold Report, 2020, 2022
Current research helps in understanding both positive and negative impacts of capital structure on profits of Indian automobile companies by using variables like Return on Capital Employed, Return on Long Term Funds, Return on Net Worth, Gross Profit Margin, and Operating Profit, and Return on Asset.
arxiv  

Cross-ownership as a structural explanation for rising correlations in crisis times [PDF]

arXiv, 2021
In this paper, we examine the interlinkages among firms through a financial network where cross-holdings on both equity and debt are allowed. We relate mathematically the correlation among equities with the unconditional correlation of the assets, the values of their business assets and the sensitivity of the network, particularly the $\Delta$-Greek ...
arxiv  

Scale invariant properties of public debt growth [PDF]

Europhysics Letters 90, 38006 (2010), 2010
Public debt is one of the important economic variables that quantitatively describes a nation's economy. Because bankruptcy is a risk faced even by institutions as large as governments (e.g. Iceland), national debt should be strictly controlled with respect to national wealth.
arxiv   +1 more source

Contingent Convertible Obligations and Financial Stability [PDF]

arXiv, 2020
This paper investigates whether a financial system can be made more stable if financial institutions share risk by exchanging contingent convertible (CoCo) debt obligations. The question is framed in a financial network model of debt and equity interlinkages with the addition of a variant of the CoCo that converts continuously when a bank's equity-debt
arxiv  

Phase transitions in debt recycling [PDF]

Journal of Economic Dynamics and Control Volume 171, February 2025, 105044
Debt recycling is an aggressive equity extraction strategy that potentially permits faster repayment of a mortgage. While equity progressively builds up as the mortgage is repaid monthly, mortgage holders may obtain another loan they could use to invest on a risky asset.
arxiv   +1 more source

Cascades in multiplex financial networks with debts of different seniority [PDF]

Phys. Rev. E 91, 062813, 2015, 2015
The seniority of debt, which determines the order in which a bankrupt institution repays its debts, is an important and sometimes contentious feature of financial crises, yet its impact on system-wide stability is not well understood. We capture seniority of debt in a multiplex network, a graph of nodes connected by multiple types of edges.
arxiv   +1 more source

Accounting Noise and the Pricing of CoCos [PDF]

International Journal of Theoretical and Applied Finance 25(7,8), 2023, 2018
Contingent Convertible bonds (CoCos) are debt instruments that convert into equity or are written down in times of distress. Existing pricing models assume conversion triggers based on market prices and on the assumption that markets can always observe all relevant firm information.
arxiv   +1 more source

Macroeconomic Dynamics of Assets, Leverage and Trust [PDF]

, 2015
A macroeconomic model based on the economic variables (i) assets, (ii) leverage (defined as debt over asset) and (iii) trust (defined as the maximum sustainable leverage) is proposed to investigate the role of credit in the dynamics of economic growth, and how credit may be associated with both economic performance and confidence.
arxiv   +1 more source

Pricing of debt and equity in a financial network with comonotonic endowments [PDF]

arXiv, 2018
In this paper we present formulas for the valuation of debt and equity of firms in a financial network under comonotonic endowments. We demonstrate that the comonotonic setting provides a lower bound and Jensen's inequality provides an upper bound to the price of debt under Eisenberg-Noe financial networks with bankruptcy costs. Such financial networks
arxiv