This study aims to determine the effect of Current Ratio, Return On Equity, Earning Per Share, and Debt Equity Ratio on Stock Prices Infrastructure Companies listed IDX for 2018—2021 period. uses quantitative methods. data source is secondary data, namely in form financial statements infrastructure companies 2018-2021 The type research used causal associative. sampling technique purposive techn...

The paper investigates the effects of macroeconomic conditions on firms’ capital structure. We introduce a repeated lender-borrower interaction that allows for debt and equity financing to co-exist as optimal securities in every period. The presence of asymmetric information in the market for loans is responsible for endogenous fluctuations to take place.It is possible to state sufficient condi...

This research is motivated by differences in the results of previous studies regarding Effect Current Ratio (CR), Quick (QR), Debt To Asset (DAR), and Equity (DER) on Return On Assets (ROA) Companies Pharmaceutical Sub-Sector Listed Indonesia Stock Exchange for 2015-2019 Period. study aims to determine effect (ROA). uses several data analyzes, namely descriptive analysis, model selection test, ...

This paper incorporates the cost of adjustment between observed and optimal leverage in explaining the variation in firm’s equity or bank-debt financing investments. Using a dynamic adjustment approach identifies the determinants to capital structure between different financial systems. In relation to firm sales U.K and U.S firms have 50-100 percent more equity financing than Swedish firms depe...

This paper intends to provide insights about the topical issue of risk managing synthetic CDOs. We stand in the grey zone between mathematical finance and financial econometrics, between academic and market practitioners approaches. We chose to first present two scholar models, each of them leading to perfect replication of CDO tranches with credit default swaps. Though they rely upon rather si...

Executive summary. Conventional wisdom maintains that investors can improve their portfolio's performance during bad times by shifting their equity exposure defensively toward less-cyclical, lower-beta sectors. This paper investigates the strengths and weaknesses of defensive equity investing by focusing on the historical performance of defensive sectors during two periods: U.S. equity bear mar...