Amin, Md Ruhul; Mollick, Andre Varella - In: International Journal of Managerial Finance 18 (2021) 5, pp. 785-811
Purpose: This paper aims to investigate how the relation between stock returns of US firms and West Texas Intermediate (WTI) oil prices is affected by leverage from 1990 to 2020. Design/methodology/approach: This paper examines how the relationship between stock returns of US firms and WTI oil...