The mechanical mean reversion of leverage ratios, earning acceleration strategy and price acceleration returns
Returning the leverage to the mean despite the decisions to adjust the company's financial leverage is an obstacle to achieving the right choice of the optimal leverage, which can affect the future earning ability growth and prices of companies. Therefore, the main purpose of this study is to i...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | fas |
| Published: |
Securities Exchange
2022-10-01
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| Series: | فصلنامه بورس اوراق بهادار |
| Subjects: | |
| Online Access: | https://journal.seo.ir/article_11298_dc45c7364ac19aba8aec6f301d7ccfa1.pdf |