carry strategy that goes short in countries that are in a consumption bust and goes long in countries with a consumption …

This paper analyses the stochastic behaviour of Private Equity returns (a measure of profitability) applying fractional …

We examine the profitability of cross-ownership in an oligopolistic industry where firms compete as Cournot rivals. We … over to the case of non-renewable resource industries. The profitability of a symmetric cross-ownership can be positive … profitable to do so, more importantly, it constitutes a shrewd strategy to avoid possible legal challenges. …

We extend Trade-Off Theory (TOT) by assuming that EBITDA (Earnings Before Interest, Taxes, Depreciation, and … allowances on leverage. We show that TDA act as a complement to debt leverage, generating a negative leverage-profitability …

simultaneously risen in most countries. Moreover, the gross profitability of firms seems to be lower in high-tax countries, even …

In this paper we compare the profitability of a merger to the profitability of a partial ownership arrangement and find …