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On the Relationship between Systematic Risk and the Degrees of Operating and Financial Leverage
10 references·16 citing·38 second hop
On the Relationship between Systematic Risk and the Degrees of Operating and Financial Leverage (1982)On the Relationship between Systematic Ri…Beta as a Random Coefficient (1978)Beta as a Random CoefficientCAPITAL BUDGETING AND THE CAPITAL ASSET PRICING MODEL: GOOD NEWS AND BAD NEWS (1977)CAPITAL BUDGETING AND THE CAP…BETAS AND THEIR REGRESSION TENDENCIES (1975)BETAS AND THEIR REGRESSION TE…On the Association Between Operating Leverage and Risk (1974)On the Association Between Op…The Prediction of Systematic and Specific Risk in Common Stocks (1973)The Prediction of Systematic …THE EFFECT OF THE FIRM'S CAPITAL STRUCTURE ON THE SYSTEMATIC RISK OF COMMON STOCKS (1972)THE EFFECT OF THE FIRM'S CAPI…ON THE ASSESSMENT OF RISK (1971)ON THE ASSESSMENT OF RISKQuantitative Analysis of Financial Decisions. (1970)Quantitative Analysis of Fina…Equilibrium in a Capital Asset Market (1966)Equilibrium in a Capital Asse…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)CAPITAL ASSET PRICES: A THEOR…The non-linear effect of CSR on firms’ systematic risk: International evidence (2021)The non-linear effect of CSR …Tax Avoidance, Uncertainty, and Firm Risk (2019)Tax Avoidance, Uncertainty, a…Untangling the Value Premium with Labor Shares (2017)Untangling the Value Premium …Systematic risk behavior in cyclical industries: The case of shipping (2016)Systematic risk behavior in c…Corporate social responsibility and degrees of operating and financial leverage (2016)Corporate social responsibili…Can Operating Leverage Be the Cause of the Value Premium? (2010)Can Operating Leverage Be the…The Determinant of the Hospitality Industry's Unsystematic Risk: A Comparison Between Hotel and Restaurant Firms (2008)The Determinant of the Hospit…R&D investment and systematic risk (2004)R&D investment and systematic…Does Agency Theory Provide a General Framework for Audit Pricing? (2004)Does Agency Theory Provide a …The impact of operating and financial risk on equity risk (1996)The impact of operating and f…Banks, Risk, and FAS105 Disclosures (1996)Banks, Risk, and FAS105 Discl…Inter‐industry differences and the impact of operating and financial leverages on equity risk (1995)Inter‐industry differences an…The Influence of Production Technology on Risk and the Cost of Capital (1991)The Influence of Production T…The Impact of the Demand Volatility and Leverages On the Systematic Risk of Common Stocks (1989)The Impact of the Demand Vola…Agents, Owners, Control and Performance (1989)Agents, Owners, Control and P…State of the Art of Short-Run Financial Management (1988)State of the Art of Short-Run…The capital asset pricing model: Some empirical tests (1972)Risk, Return, and Equilibrium: Empirical Tests (1973)Studies in the Theory of Capital Markets. (1973)Co-Skewness and Capital Asset Pricing (1980)An Empirical Investigation of the Possibility of Stochastic Systematic Risk in the Market Model (1984)Optimization Methods in Finance (2006)A Simplified Model for Portfolio Analysis (1963)Financial Ratios As Predictors of Failure (1966)Efficient Inference in a Random Coefficient Regression Model (1970)The Association Between Market-Determined and Accounting-Determined Measures of Systematic Risk: Some Further Evidence (1975)Modern Investment Management: An Equilibrium Approach (2003)Modeling renewable energy company risk (2010)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)The stochastic behavior of common stock variances Value, leverage and interest rate effects (1982)Of Tournaments and Temptations: An Analysis of Managerial Incentives in the Mutual Fund Industry (1996)The cost of capital, corporation finance and the theory of investment (2008)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Value versus Growth: Time‐Varying Expected Stock Returns (2011)News Shocks and the Production-Based Term Structure of Equity Returns (2018)Capital Equipment Analysis: The Required Rate of Profit (1956)Dividend Policy, Growth, and the Valuation of Shares (1961)An Intertemporal Capital Asset Pricing Model (1973)Real Options as Engines of Choice and Heterogeneity (2004)Real Options Analysis: Where Are the Emperor's Clothes? (2005)The impact of macroeconomic uncertainty on non‐financial firms' demand for liquidity (2006)The Pricing of Options and Corporate Liabilities (1973)Option pricing when underlying stock returns are discontinuous (1976)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)The option pricing model and the risk factor of stock (1976)Risk measurement when shares are subject to infrequent trading (1979)Foundations of Portfolio Theory (1991)Shareholder Benefits from Corporate International Diversification (1984)Toward a Model of Risk in Declining Organizations: An Empirical Examination of Risk, Performance and Decline (1996)Labor Unions, Operating Flexibility, and the Cost of Equity (2010)Time‐Varying Beta Risk of Australian Industry Portfolios: A Comparison of Modelling Techniques (1998)The determinants of CDS spreads (2013)
this work references cited by second hop

References

  • 1964CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*19,431 cited
  • 1966Equilibrium in a Capital Asset Market4,896 cited
  • 1972THE EFFECT OF THE FIRM'S CAPITAL STRUCTURE ON THE SYSTEMATIC RISK OF COMMON STOCKS1,130 cited
  • 1971ON THE ASSESSMENT OF RISK721 cited
  • 1975BETAS AND THEIR REGRESSION TENDENCIES548 cited
  • 1974On the Association Between Operating Leverage and Risk513 cited
  • 1978Beta as a Random Coefficient385 cited
  • 1977CAPITAL BUDGETING AND THE CAPITAL ASSET PRICING MODEL: GOOD NEWS AND BAD NEWS347 cited
  • 1973The Prediction of Systematic and Specific Risk in Common Stocks272 cited
  • 1970Quantitative Analysis of Financial Decisions.125 cited

Cited by

  • 2010Can Operating Leverage Be the Cause of the Value Premium?138 cited
  • 2004Does Agency Theory Provide a General Framework for Audit Pricing?102 cited
  • 2004R&D investment and systematic risk90 cited
  • 2021The non-linear effect of CSR on firms’ systematic risk: International evidence88 cited
  • 2016Corporate social responsibility and degrees of operating and financial leverage77 cited

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

  • 1988State of the Art of Short-Run Financial Management55 cited
  • 1989Agents, Owners, Control and Performance52 cited
  • 1996Banks, Risk, and FAS105 Disclosures47 cited
  • 2008The Determinant of the Hospitality Industry's Unsystematic Risk: A Comparison Between Hotel and Restaurant Firms45 cited
  • 1991The Influence of Production Technology on Risk and the Cost of Capital43 cited
  • 1996The impact of operating and financial risk on equity risk42 cited
  • 2019Tax Avoidance, Uncertainty, and Firm Risk39 cited
  • 2016Systematic risk behavior in cyclical industries: The case of shipping39 cited
  • 1995Inter‐industry differences and the impact of operating and financial leverages on equity risk37 cited
  • 1989The Impact of the Demand Volatility and Leverages On the Systematic Risk of Common Stocks37 cited
  • 2017Untangling the Value Premium with Labor Shares34 cited