Asymmetry, realised volatility and stock return risk estimates
نویسندگان
چکیده
منابع مشابه
Stock Return Volatility and Capital Structure Decisions∗
We comprehensively examine the effects of stock return volatility on firms’ financial and investment decisions. Consistent with theories of investment with financing frictions, firms with high volatility actively reduce their leverage, cut investment, increase cash holding, cut non-cash current assets such as inventories and account receivables, and cut dividend. The effects of volatility are s...
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ژورنال
عنوان ژورنال: Portuguese Economic Journal
سال: 2012
ISSN: 1617-982X,1617-9838
DOI: 10.1007/s10258-012-0081-8