This paper investigates how of systematic risk varies over the lifecycle of the firm. If market equity beta is … determined by firm characteristics as the literature on the determinants of systematic risk holds, and if those characteristics … change over the lifecycle of the firm following a definite pattern as firm lifecycle theory suggests, then market equity beta …

Purpose: The objective of the paper is to investigate the relationship between financial risk and the value of the … company. In this context, the study is to revisit the trade-off theory of capital structure in the Indian context. Design … cross-correlated residuals. Further, the study has classified the levels of financial risk to determine the relationship of …