Phân tích tư tưởng của nhân dân qua đoạn thơ: Những người vợ nhớ chồng… Những cuộc đời đã hóa sông núi ta trong Đất nước của Nguyễn Khoa Điềm
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The dependent variable leverage is one minus the ratio of equity over assets in market
values. It therefore includes both debt and non-debt liabilities such as deposits. The argument
for using leverage rather than debt as the dependent variable is that leverage, unlike debt, is
well defined (see Welch, 2007). Leverage is a structure that increases the sensitivity of equity
to the underlying performance of the (financial) firm. When referring to theory for an
interpretation of the basic capital structure regression (1), the corporate finance literature
typically does not explicitly distinguish between debt and non-debt liabilities (exceptions are
the...
Nội dung trích xuất từ tài liệu:
WORKING PAPER SERIES NO. 527 / SEPTEMBER 2005: BANKING SYSTEM STABILITY A CROSS-ATLANTIC PERSPECTIVE
