modifying SG&A costs in response to changing sales, but not by hiring or firing employees. These findings extend prior studies …

adjustment processes of three kinds of profitability ratios are investigated: return on investment ratio, profit margin (as …This study develops a mathematical framework to analyze the time series of profitability ratios in the early stages of … identical flow of revenue in each period. The profitability in terms of the internal rate of return (IRR) and the lag structure …

We develop a firm valuation model with repeated expansion and contraction options to show operating profitability is a … as profitability falls, lowering the firm beta. Consistent with the predictions, operating profitability relates … losers with diverging operating profitability. Corroborating a risk-based explanation, the momentum results remain …

This report updates and expands earlier studies to look at the profitability of $349.7 billion of buybacks executed …

This report expands through early 2011 studies of the raw performance (profitability) of $383.5 billion of buybacks … improved the profitability of past buybacks. Since a year ago, stock prices for the sampled group are up about 33.2%, in line …

an earlier study back to 2000 to look at profitability of $263 billion of buybacks executed by a sample of 273 … buybacks. While this studies' reporting methodology tends to significantly overstate buyback profitability, only 25% of buyback …: • Largest percentage profit (return on cash invested in buybacks)• Largest percentage benefit (consequent change in stock price …

a profit or loss for a firm. In actual practice, however, few purely financial decisions rival stock repurchases in … their bearing on the well-being of shareholders. Because profit/loss on buybacks is excluded from the audited financial … studies to look at the profitability of $338.4 billion of buybacks executed from 2000 through late 2009 by a sample of 280 …

profitability. In this study, we examine the impact of capital requirements on the cost of financial intermediation and bank … profitability using a panel dataset of 32 Bangladeshi banks over the period from 2000 to 2015. By employing a dynamic panel … of financial intermediation and increase bank profitability. The results hold when we use equity to total assets ratio as …