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size, profitability, operating performance and solvency. We also find that the performance of firms after they sell assets … do not improve in profitability, solvency or operations. The only difference the episodes of asset sales make is some …
Persistent link: https://www.econbiz.de/10009644907
following indicators ie.: leverage, liquidity, capital ratio, asset quality and profitability are analyzed as a source of …
Persistent link: https://www.econbiz.de/10011107825
countries: Japan, Malaysia and Pakistan. The specific objective is to investigate if country’s economic factors play a … debt. These results for Pakistan are different from those other two countries. This also shows that inefficiencies coupled …
Persistent link: https://www.econbiz.de/10004961530
The variation in the degree of price regulation in the property-liability insurance market in Canada varies across time and space, creating an opportunity to test a recurring theory in regulatory economics: that price regulated firms have higher levels of financial leverage. Using an...
Persistent link: https://www.econbiz.de/10005837467
This paper investigates strategic brinksmanship between regulated property-liability insurance firms and their regulators. Prior research suggests that firms increase their financial leverage, and thus their probability of bankruptcy and expected bankruptcy costs, in order to mitigate the...
Persistent link: https://www.econbiz.de/10005837519
This paper analyzes a source of financing for commodity producers known as a streaming loan, where the producer makes periodic payments in proportion to their level of production. Streaming loans functions like a cropshare contract, whereas fixed rate debt is like a wage contract. Thus,...
Persistent link: https://www.econbiz.de/10011274399
This study aims to determine the influence of various firm level characteristics such as, profitability, size, growth … show that profitability and liquidity are negatively and significantly related to leverage. Also asset tangibility has a …
Persistent link: https://www.econbiz.de/10008866159
The objective of this article is to analyze the impact of capital structure on profitability. This impact can be … structure on profitability. The empirical analysis allowed us to distinguish three different groups of sectors: for the first … group (industry, energy and service), the capital structure has no impact on profitability. The second group, containing …
Persistent link: https://www.econbiz.de/10011107505
The objective of this article is to analyze the impact of capital structure on profitability. This impact can be …). We show that capital structure has no influence on the profitability of French firms, regardless the size of the company …
Persistent link: https://www.econbiz.de/10011110994
leverage significantly, and negatively, affects the profitability of listed firms in Kenya. However, leverage has no effect on … suggest that asset tangibility, sales growth and firm size are important determinants of profitability. Surprisingly, asset … tangibility consistently has a negative relationship with profitability. For small firms, our results indicate that sales growth …
Persistent link: https://www.econbiz.de/10011112965