This study examines the relationships between stock fundamental ratios and idiosyncratic volatility from 1993 to 2010 for Australian Securities Exchange listed companies. The portfolio analysis results show that high idiosyncratic volatility companies tend to be small (measured by size), highly leveraged (measured by interest cover ratio), low profitability (measured by return on equity and ear...

This study aims to determine and analyze the effect of debt equity ratio, cash ratio dividend payout on stock prices. The research method used is quantitative. A total 54 sample data were determined by purposive sampling method. analysis technique using multiple linear regression analysis. results t test show that independent variables have no significant prices, because LQ45 Company a company ...

The purpose of this paper is to examine the determinants of Taiwan’s manufacturing firm growth, in particular, the effects of corporate financial choices and the financial structure on firm growth in different industries besides other physical factors discussed in the literature. We construct an unbalanced dynamic panel data using 280 listed and OTC manufacturing firms over the period 1991-2002...

This study provides new estimates of systematic risk and the cost of equity capital for the pharmaceutical, biotechnology, and medical device sectors using data for firms with publicly-traded stock on U.S. exchanges during 2001-2005 and 2006-2008. Two frameworks are employed for estimating firms’ risk and the cost of equity capital: (1) the capital asset pricing model, and (2) the Fama-French t...