Essays about: "debt-to-equity ratio"

Showing result 16 - 20 of 27 essays containing the words debt-to-equity ratio.

  1. 16. Financial ratios ability to predict excess returns of Swedish listed firms

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Emelie Berglund; Alexander Bergman; [2013]
    Keywords : Price Earnings; Dividend Yield; Market to Book; Debt to Equity; Time Series Analysis; Three sigma rule; Information Ratio.; Business and Economics;

    Abstract : In this paper we set out to analyze from two perspectives the performance predictability of financial ratios on Swedish listed firms by using statistical methods and fundamental analysis. Furthermore this paper sets out to establish a link between the two by cross checking or filling the results of regressed variables with the expected values of following a certain type of investment strategy. READ MORE

  2. 17. Corporate Capital Structure and Product Quality

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Julia Hensel; [2011]
    Keywords : Capital structure; Product quality; Customers; Implicit contracts; KLD rating;

    Abstract : Maksimovic and Titman (1991)'s model on the stakeholder theory of capital structure suggests that firms commit to providing high quality products by means of a low debt-to- equity ratio. I empirically test this theoretical prediction by examining the effect that product quality has on a firm's leverage. READ MORE

  3. 18. Can the use of leverage adjustment techniques give reliable estimates of beta risk?

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Valeriia Dzhamalova; [2010]
    Keywords : financial leverage; unlevered beta; Hamada’s leverage adjustment; Business and Economics;

    Abstract : Title: Can the use of leverage adjustment techniques give reliable estimates of beta risk? Purpose: Using the sample of American companies within the five industries for the period 1994-2009 the following hypothesis shall be tested: does the use of leverage adjustment techniques over-penalize the cost of equity for a high level of debt to equity ratio. Methodology: To analyze how well the leverage adjustment works under the assumption of constant risk classes, the cross-sectional linear regression is used. READ MORE

  4. 19. Kapitalstruktur : Skuldsättningens inverkan på företagens börsvärde och avkastning åren 2007 och 2009.

    University essay from Institutionen för ekonomi och företagande

    Author : Sakib Zaman; Rabbi Mohsin; [2010]
    Keywords : Kapitalstruktur; skuldsättning; avkastning;

    Abstract : Problem: Does the overall economic situation effect the above? Does a higher debt to equity ratio lead to higher market value and return on equity?  Purpose: The purpose of this thesis is to get an understanding of how a company’s level of debt affects its value and return depending on the overall economic business cycle, and if an investor can use this information when choosing investments.  Methodology: This thesis takes a deductive research approach. READ MORE

  5. 20. Can dividend payouts and future earnings be predicted based on stock market liquidity and capital structure? : Nordic IT Companies’ dividend policy analysis

    University essay from Handelshögskolan vid Umeå universitet

    Author : Aziz Mirzabekov; [2010]
    Keywords : dividend policy; stock market liquidity; capital structure; earnings; Miller and Modigliani; dividend signalling theory; Nordic IT Market; dividend payout.;

    Abstract : Dividend policy has significant impact on the company's capital market, in particular the dynamics of the price of its shares. Dividends represent cash income of shareholders and to some extent, signal them about success of the firm they have invested. From that point of view dividend policy has crucial impact on investment decisions. READ MORE