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The discussion paper 40 represents the results of an analysis for determining influencing factorson profits and profitability of Russian enterprises in the region of Omsk. Based on the finalyearly reports of the enterprises it is shown, that in Russia five earning ratios can be distinguished:the...
Persistent link: https://www.econbiz.de/10009446947
debt, which never enjoys any power of decision. Secondly, the topic of private debt workouts is taken up. It has often been …
Persistent link: https://www.econbiz.de/10009468686
While aggregate earnings should affect aggregate stock returns, standard portfolio theory predicts that the cross-sectional dispersion in firm-level earnings would not affect aggregate stock returns. Nonetheless, this paper demonstrates a surprisingly robust relation between cross-sectional...
Persistent link: https://www.econbiz.de/10009440958
This paper studies the effects of capacity utilization on accounting profit margins and stock returns. Since accounting profit margins represent the average profit per unit and not the economists' concept of unit contribution margin, the marginal/variable profit per unit, a firm with idle...
Persistent link: https://www.econbiz.de/10009441203
(from Introduction): It is often said that if entrepreneurs are the engines that drive new companies, then financing is the fuel that propels them. The best sources of funding for the newest firms in Australia are bootstrapping (creative ways of launching a business), informal investment...
Persistent link: https://www.econbiz.de/10009437664
Four essays, or chapters, model the capital structure, governance, and investment decisions as part of a sequential game. Each chapter is separate in its context, assumptions, and conclusions. The titles of the chapters are below.Abstracts of each essay or chapter can be found at the beginning...
Persistent link: https://www.econbiz.de/10009441487
The paper assesses the ability of French wineries to prevail over the crisis of French wine in the years 2000.Corporations are distinguished from co‐operatives:Over the 2000‐2006 period in spite of sales fluctuations, French wineries did not increase their financial debtlevel substantially....
Persistent link: https://www.econbiz.de/10009443769
determinant factors of the debt structure of Brazilianagribusiness companies. It is also possible to conclude that the model …
Persistent link: https://www.econbiz.de/10009446918
listed debt as a source of finance.The researcher conducted a content analysis on the responses to 15 … review.The research revealed that firstly, through the use of securitisation, it is possible toreduce the cost of debt …
Persistent link: https://www.econbiz.de/10009447773
This thesis investigates the determinants of the use of debt and leasing in the UK using a comprehensive measure of … debt and leases, in recognition of the link between lease and debt-type financing decisions, based on financial contracting … of simple tax proxy, the effective tax rate, leads to a spurious negative relation between debt usage and tax rates. The …
Persistent link: https://www.econbiz.de/10009465980