Results 11 to 20 of about 1,220,776 (296)
Prize Lecture to the memory of Alfred Nobel, December 7, 1990.Leverage;
Miller, Merton H.
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What risks do asset price bubbles pose for the economy? This paper studies bubbles in housing and equity markets in 17 countries over the past 140 years. History shows that not all bubbles are alike. Some have enormous costs for the economy, while others blow over. We demonstrate that what makes some bubbles more dangerous than others is credit.
Oscar Jorda +2 more
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14pages, 2 ...
Wanfeng Yan +2 more
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Debt-financed share buybacks generate positive short-term and long-run abnormal stock returns. Leveraged buyback firms have more debt capacity, higher marginal tax rate, lower excess cash and lower growth prospects ex ante, increase leverage and reduce investments more sharply ex post than cash-financed buyback firms.
Lei, Zicheng, Zhang, Chendi
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Leverage Ratios and Basel III: Proposed Basel III Leverage and Supplementary Leverage Ratios [PDF]
The Basel III Leverage Ratio, as originally agreed upon in December 2010, has recently undergone revisions and updates – both in relation to those proposed by the Basel Committee on Banking Supervision – as well as proposals introduced in the United ...
Ojo, Mariane.B.
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We propose a general equilibrium framework with financial intermediaries subject to endogenous leverage constraints, and assess its ability to explain the observed fluctuations in intermediary leverage and real economic activity. In the model, intermediaries (“banks”) borrow in the form of short-term risky debt.
Carlos Thomas, Galo Nuno
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Faktor - faktor yang Mempengaruhi Manajemen Laba Perusahaan
Abstrak : Penelitian ini bertujuan untuk mengetahui dan menganalisis pengaruh leverage, ukuran perusahaan, free cash flow, dan operating cash flow terhadap manajemen laba perusahaan subsektor makanan dan minuman yang terdaftar di BEI periode 2015-2018 ...
Nanda Ayu Cahyaning Thyas
doaj +1 more source
Volatilitas Harga Saham: Leverage, Ukuran Perusahaan, Pertumbuhan Aset
This study examines the effect of leverage, company size, and asset growth on stock price volatility. This study uses data from all companies listed on the LQ45 index (BEI) from 2017 to 2019.
Hasna Rosyida +2 more
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Using a sample of highly (over-)leveraged Austrian ski hotels undergoing debt restructurings, we show that reducing a debt overhang leads to a significant improvement in operating performance (return on assets, net profit margin).
Giroud, Xavier +3 more
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Control Mechanism and Value of Firm: Empirical Evidence from Indonesia Capital Market
This research discusses about the roles of institutional ownership and leverage as control mechanism over agency conflict and how it affects corporate performance. Agency conflict is a result of expropriation via tunneling on asset utilization.
Christian Herdinata +2 more
doaj +1 more source

